Propstack Insights: Half Million Club- Q1 2017 – Top Leasing Markets

Nine micromarkets across top 7 Indian cities recorded leasing activity more than 0.5 msf in the first quarter this year.

OMR-I and OMR -II micromarkets in Chennai together contributed to more than 2 msf absorption in a single quarter.

Apart from Chennai, both Mumbai and Pune had two micromarkets driving the demand higher than half million.

Peripheral South-East market in Bangalore driven by Sarjapur and Central Gurgaon micromarket led by Cybercity – both witnessed more than one million sf leasing in Q1 2017.

india leasing copy 5

india leasing copy 6

*Grade A data only and Includes renewals

To get more CRE market insights login to