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Hyderabad outperforms Bengaluru in office supply for FY23: ANAROCK report

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Hyderabad is the new leader in office space, overtaking Bengaluru for new supply influx in the financial year 2022-23, according to ANAROCK's data. With 14.94 million sq ft introduced, making up 31% of the total supply in India's top seven cities. Average Grade A vacancy levels declined to 15.9%, while average monthly office rentals rose to INR 79/sq ft, a 4% yearly increase. Discover more in this insightful report.

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