Propstack Insights: Does IT-ITeS sector still dominate Office Leasing

IT/ITeS sector deals above 100,000 sf added 3.5 msf to leasing activity till date in 2017.


100,000+ sf deals by IT-ITeS sector comprised 55% of the total space leased by such large deals this year.

Also, these large IT deals contributed to 40% of total leasing volume in Q1 2017.

IT-ITeS companies leased these large offices at an average rental of INR 51.5/sf/month.


*Grade A data only and Includes renewals

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