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Colliers International is pleased to release the latest quarterly report: OFFICE PROPERTY MARKET OVERVIEW, INDIA - JAN 2012.
During 4Q 2011, the demand for commercial properties was restrained as compared to previous three quarters of the year since occupiers were cautious about committing to use real estate space. Rental values for grade ‘A’ office space remained stable in almost all the major markets across India. Looking forward, demand is likely to witness moderate growth amid a weaker global economic outlook.
For feedback on this report please contact:
Surabhi Arora MRICS
Associate Director, Research
Assistant Manager, Research