<ul><li>Real estate consultant Anarock reveals that around 250 lakh square feet of office space is being developed in major cities to cater to the rising demand of premium workspaces.</li><li>The Indian office market has shown strong recovery and consolidation post-pandemic with record gross leasing activities and a drop in vacancy rates.</li><li>Global Capability Centres established by multinational corporations, flexible office space operators, and sectors such as IT/ITeS, financial services, and engineering are driving the demand for office space.</li><li>The outlook for 2025 remains highly optimistic with a mix of consolidation, expansion, and hybrid work adoption driving the demand for Grade A office space in Gurugram, Bengaluru, and Pune.</li></ul>

Office Market Buoyant, 250 Lakh Square Feet Of Premium Workspaces Under Construction: Anarock

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