Amchi Mumbai Office Real Estate Market – 2012 analysis and 2013 predictions
A Review Of 2012 Mumbai saw office absorption of 6.6 million square feet – down from 9.6 million square feet in 2011, reflecting a combination of lukewarm economic growth, lower employment generation and an overall decline in corporate buoyancy. Transactional activity from the BFSI sector was down, with many banks focusing on workplace strategies to …