Rents and capital values for prime offices are expected to grow more rapidly in 2016, according to the study by the Royal Institution of Chartered Surveyors (RICS), a standards setting body for the real estate and construction sectors.<\/p>\n
“Office demand for the last several quarters has been improving and is expected to continue in the same direction this year as well. In fact, the demand for Grade A office space is outstripping supply, with many new Indian startups in the tech space, global MNCs, IT and telecom companies expanding operations in India. This is definitely a good trend, one which we hope to see continue,” said Devina Ghildial, managing director – South Asia at RICS.<\/p>\n
Read more: \u00a0Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Rents and capital values for prime offices are expected to grow more rapidly in 2016, according to the study by the Royal Institution of Chartered Surveyors (RICS), a standards setting body for the real estate and construction sectors. “Office demand for the last several quarters has been improving and is expected to continue in the\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,28,11],"tags":[99],"class_list":["post-58","post","type-post","status-publish","format-standard","hentry","category-city","category-market","category-others","tag-office-demand"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/58","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=58"}],"version-history":[{"count":3,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/58\/revisions"}],"predecessor-version":[{"id":93,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/58\/revisions\/93"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=58"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=58"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=58"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}