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flag New office space supply in India's major cities dropped 6% in 2024, despite record demand.

flag A report by Cushman & Wakefield shows that new office space supply in India's eight major cities fell by 6% in 2024, totaling 451.5 lakh square feet. flag This decline was seen in most cities including Delhi-NCR, Pune, Chennai, Hyderabad, Kolkata, and Ahmedabad, with Mumbai and Bengaluru seeing increases. flag Despite the overall drop, there was record-high demand for office spaces.

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