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Office rents in Indian cities like Bengaluru, Hyderabad, and Chennai surge due to tech demand.
Office rents in major Indian cities have surged over the past five years, with Bengaluru seeing a 26% increase, making its average rent Rs 93 per square foot per month.
Other cities like Hyderabad and Chennai also experienced significant growth due to high demand for workspaces, especially from the tech sector.
Despite an increase in available office space, vacancies have dropped, indicating strong market demand.
3 months ago
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