CBRE India, India's leading Real Estate Consulting firm, announced the findings of its latest India Office MarketView Report – Q4 2016. As per the findings, India's office market witnessed an ALL TIME HIGH annual absorption of over 43 million sq. ft. in 2016, registering a growth of 9% on a y-o-y basis. Supply addition during the year touched 35 million sq. ft. with India's office stock reaching a milestone of over 0.5 billion sq. ft. (as of Q4 2016) - higher than several East Asian economies.
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