According to the article in The Times of India Business on 12th April 2019, Bengaluru is the largest office market in India and the biggest in the Asia-Pacific region.
Bengaluru has held this position for the past few years as more global companies set up captive technology and back-office centers, attracted by the city’s talent.
Traditional companies and domestic new-age ventures have also taken significant space.
Agile real estate strategy refers to flexible workplaces and portfolios that can quickly adapt to meet the changing needs of individuals and the organization. However, Bangalore still boasts to charge very low rentals compared to those in some other Asian cities at Rs 142 per sqft.
With such market trends, the New-age ventures like Co-Working spaces are sure to flourish rapidly in Bangalore.
