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Demand consolidates in 2023, at about 25 million sqft

By Economic Times - 6 months ago
Despite a subdued H1, leasing activity surged in H2, witnessing a 26% half-yearly rise. Pune led with a 25% share, followed closely by Mumbai at 22%, while Chennai matched Delhi NCR in leasing demand. The Bhiwandi micro market in Mumbai and Chakan-Talegaon in Pune were the most active, jointly constituting 42% of the demand, mentioned Colliers.

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