In 2023, Bengaluru recorded an increase of 12.5 percent compared to the previous year in office space transactions in India's office market. Furthermore, Chennai recorded a change of 10.8 percent, hence, being the second highest amongst tier 1 Indian cities.
Year-on-year change of office space transaction volume in India during 2023, by city
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Real estate in India
Overview
4
- Premium Statistic Market size of real estate industry India 2015-2047
- Premium Statistic Cumulative number of real estate projects registered under RERA in India January 2023
- Premium Statistic Employment in real estate and construction sector in India FY 2017-2023
- Premium Statistic Asset class share in real estate investments India Q1 2022
Offices
3
Retail
3
Warehousing
3
Residential real estate
3
Leading companies
5
- Premium Statistic Leading real estate companies by market capitalization March 2024
- Premium Statistic Consolidated revenue of DLF Limited FY 2016-2023
- Premium Statistic Consolidated revenue of Macrotech Developers Limited FY 2017-2023
- Premium Statistic Consolidated revenue of Godrej Properties Limited FY 2016-2023
- Premium Statistic Consolidated revenue of Brigade Enterprises Limited FY 2016-2023
Government housing
3
Further related statistics
17
- Transaction volume of office properties in Chennai India 2016-2022
- Transaction volume of office properties in Mumbai metropolitan region India 2016-2022
- Transaction volume of office properties in Ahmedabad India 2016-2022
- Transaction volume of office properties in Bengaluru India 2016-2022
- Transaction volume of office properties in Hyderabad India 2016-2022
- Transaction volume of office properties in Pune India 2016-2022
- Value of office space rentals India H1 2023, by city
- Office space transactions share Bengaluru India H2 2019-2022, by sector
- Office space transactions distribution in Hyderabad India H2 2019-2021 by sector
- Office space transactions share Chennai India H2 2019-2022, by sector
- Office space transactions distribution in Ahmedabad India 2019-2021, by sector
- Office space availability rate in Midtown Manhattan 2023, by submarket
- Number of commercial property transactions in England 2012-2022
- Office space vacancy share in Bengaluru India 2016-2022
- Office space vacancy share in Hyderabad India 2016-2022
- Volume of property market transactions in Finland 2001-2015, by buyer origin
- Consultancy business share in office absorption in India 2015-2018
Further Content: You might find this interesting as well
Statistics
- Transaction volume of office properties in Chennai India 2016-2022
- Transaction volume of office properties in Mumbai metropolitan region India 2016-2022
- Transaction volume of office properties in Ahmedabad India 2016-2022
- Transaction volume of office properties in Bengaluru India 2016-2022
- Transaction volume of office properties in Hyderabad India 2016-2022
- Transaction volume of office properties in Pune India 2016-2022
- Value of office space rentals India H1 2023, by city
- Office space transactions share Bengaluru India H2 2019-2022, by sector
- Office space transactions distribution in Hyderabad India H2 2019-2021 by sector
- Office space transactions share Chennai India H2 2019-2022, by sector
- Office space transactions distribution in Ahmedabad India 2019-2021, by sector
- Office space availability rate in Midtown Manhattan 2023, by submarket
- Number of commercial property transactions in England 2012-2022
- Office space vacancy share in Bengaluru India 2016-2022
- Office space vacancy share in Hyderabad India 2016-2022
- Volume of property market transactions in Finland 2001-2015, by buyer origin
- Consultancy business share in office absorption in India 2015-2018
Knight Frank (Knight Frank Research). (January 3, 2024). Year-on-year change of office space transaction volume in India during 2023, by city [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/
Knight Frank (Knight Frank Research). "Year-on-year change of office space transaction volume in India during 2023, by city ." Chart. January 3, 2024. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/
Knight Frank (Knight Frank Research). (2024). Year-on-year change of office space transaction volume in India during 2023, by city . Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/
Knight Frank (Knight Frank Research). "Year-on-year Change of Office Space Transaction Volume in India during 2023, by City ." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/
Knight Frank (Knight Frank Research), Year-on-year change of office space transaction volume in India during 2023, by city Statista, https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/ (last visited May 23, 2024)
Year-on-year change of office space transaction volume in India during 2023, by city [Graph], Knight Frank (Knight Frank Research), January 3, 2024. [Online]. Available: https://www.statista.com/statistics/1037186/india-office-space-transactions-growth-rate-by-city/