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Office Space Demand, Rentals Stabilise in Pune

Demand for office space in the city and suburbs, dominated by the information technology and its enabled services, has stabilised since there is a moderation in supply with no significant addition coming in.

As a consequence, the rentals for office space too have stabilised or have shown a rise in select locations, industry experts have said. The total absorption of office space will be approximately four million sq ft during 2012, despite a perceived slowdown of economic activity globally and in India, the experts said.

Via : TOI


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