30.10.2012 - Bangalore's office space market witnessed moderate demand in Sept
The office space market in Bangalore witnessed a moderate leasing activity during the month of September as against August this year. IT/ITES sector continued to account for majority of the leasing activity, followed by BFSI sector. “The combination of stable demand and restricted supply kept the city’s overall vacancy rate low during the month. This trend inched up the rents across the Central Business District (CBD) and Secondary Business District (SBD) submarkets,” a report published by Jones Lang LaSalle (JLL), a financial and professional services firm specialied in the real estate sector said...............................................Full Article: Source
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