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office market
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Delhi NCR
04 May 2021
Delhi-NCR logs 5% growth in office space absorption in Jan-Mar amid COVID-19
Select big-ticket transactions in Gurugram and Noida contributed substantially to the leasing activity. There were few relocations by occupiers in a bid to reduce real estate costs and obtain fresh office spaces on attractive lease terms. IT and IT-enabled services, BFSI, healthcare, legal, and consulting firms dominated leasing during the quarter.
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