Demand for office space in Hyderabad outpaced supply in 2016, surging to the highest level since 2011 as large multinational firms expanded their presence in the city. According to a property consultancy firm, about 5.6 million sq ft of office space was leased in the city during the year, up 37% from a year ago.
In contrast, only about 2.3 million sq ft of new office space came up in the city during the year.
Read more: Economic Times
