Tag: ITES

Weak IT- Demand Lowers Office Space Absorption In Bangalore

January 25, 2013 – 7:19 pm

Bangalore, most important IT- Hub in India, sees lower office space absorption due to the decreased demand from the IT and ITeS sectors. Office space absorption in Bangalore is directly related to the performance of IT and ITeS sectors. When these sectors’ demand is better the office space absorption in the city is also better. […]

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Office Space Absorption Lowered: Bangalore Market Affected

January 23, 2013 – 6:50 pm

Compared to the previous year, in 2012, office space absorption fell sharply in Bangalore. The decreased demand from the IT and ITeS sector is pointed as the main reason for this lowered office space absorption. Office space absorption in Bangalore is always dependent on the IT and ITeS sectors. Whenever there is a higher demand […]

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As per a study, MNCs surpass Indian firms in office space uptake.

April 4, 2012 – 11:09 pm

With bearish sentiment affecting corporate expansion plans in the country’s financial capital, there has been a steep decline in the commercial real estate taken up by Indian companies. In contrast, multinational companies (MNCs) have picked up considerable office space here. The latest report by property advisor DTZ comparing the trends in the first quarter of […]

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