The emerging economies such as India is undergoing industrialization and economic development, which is leading to infrastructural transformation. For instance, according to the World Bank Group, per capita income in Asia Pacific was US$ 10,368 in 2017, which increased by 3.85% from 2016. Office buildings are being considered as real estate assets, as they provide income and growth opportunities. Moreover, growth of the private sector is leading to increasing office infrastructures for micro, small & medium enterprises (MSME). Moreover with focus on construction of new offices, enterprises are also focusing on alteration and renovation of existing offices. The refurbishment of offices require investments on new office furniture.