Five Indian cities of Hyderabad, Chennai, Pune, Bangalore and Kolkata are among the top 10 least expensive office space markets in the world, according to latest findings of DTZ Global Research.
According to the report, Hyderabad has overtaken Surabaya (Indonesia) as world’s least expensive office space market. Chennai, however, retains its position as world’s third least expensive office space market. Pune and Bangalore occupy fourth and fifth position respectively in least expensive office space market ladder, says DTZ. Kolkata has entered the list of world’s top 10 least expensive office space market.
DTZ says that Indian tier II markets will continue to offer occupiers the world’s most affordable office space.
“Occupancy costs and productivity are positively correlated in most South Asian markets, implying that office space is fairly priced within the region,” it said.
Meanwhile, Mumbai stands as the sixth most expensive office space market in the world, while Delhi is at 20th position.
- Lenovo k6 Power Video Review
- Bigg Boss 10 December 5 Review: Manveer Calls Swam Om ‘kachdaa’
- PM Narendra Modi Declared Winner Of TIME Magazine’s Person Of The Year – Reader’s Poll
- Paneerselvam sworn in as new Chief Minister of Tamil Nadu
- Tamil Nadu CM J Jayalalithaa Passes Away After Suffering Cardiac Arrest
- J.Jayalalithaa’s Life Journey
- Here’s Why Delhi-NCR Gets Pollution Code On Lines Of Beijing
- PM Modi Is More Interested In TRP Politics Rahul Gandhi At Congress Parliamentary Meet
- Bigg Boss 10 December 1 Review: Priyanka Jagga Succeeds In Her Divide And Rule Strategy
- Kahaani 2 Audience Reaction: Vidya Balan Starrer Thriller Gets Mixed Reviews
- Find Out What PM Modi Said About Demonetisation On LinkedIn
- Row Over West Bengal ”Military Coup” Issue Escalates: Who Said What
- Here’s How Mohammad Kaif Replied To Virender Sehwag’s Birthday Wish On Twitter
- West Bengal CM Mamata Banerjee’s Flight Reportedly Had Low Fuel: Here’s What Happened
- Reliance Jio Welcome Offer Extended Till March 31, JioMoney Launched