Tuesday, January 4, 2011

India to add 50 mln sq ft office space by mid-2012 - CBRE | Reuters

India to add 50 mln sq ft office space by mid-2012 - CBRE | Reuters: "India's office space is likely to grow by 50 million square feet (sq ft) over the next 18 months, driven by strong economic growth and a sustained recovery by the information technology industry, property services firm CB Richard Ellis (CBRE) said.

The Indian office space market added 55 million sq ft in 2010, and demand will continue, it said in an annual review of the Indian market on Wednesday."

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