Net absorption of office space in India H1 FY 2018- H1 FY 2022, by city

Published by
Manya Rathore,
Aug 29, 2022
In the first half of the financial year 2022, Bengaluru was the most favored market for office occupiers with net absorption at 3.2 million square feet, followed by 2.1 million square feet in National Capital Region and 1.65 million square feet in Mumbai Metropolitan Region.

Net absorption of office space in India from first half of financial year 2018 to first half of financial year 2022, by city (in million square feet)

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Release date

November 2021

Region

India

Survey time period

H1 FY 2018 to H1 FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

Net absorption refers to the incremental new space take-up.

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