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Colliers research has come up with its latest knowledge report India Office Property Market Overview, April 2012. You might find it interesting to note that as per our research, office inventory is forecasted to increase due to new developments that are expected to be completed in a span of 2-3 years. However, rental rates are forecasted to remain stable in the near future due to the equilibrated situation of office demand and supply in most of the markets.
For more detailed information kindly download the report. I am sure you will find the report an interesting and informative read.