Bangalore Closes In On Shanghai In Office Space

Bangalore is closing in on Shanghai, China’s booming commercial and industrial metropolis, in terms of Grade-A office space. The city’s office stock has grown over five-and-a-half times in the past four years. The surprise doesn’t end here. India’s Silicon Valley has already overtaken Singapore in this regard, says global property consultant C B Richard Ellis (CBRE). Grade-A offices mean centrally air-conditioned, well maintained, efficient buildings. Bangalore’s office stock has grown over five and a half times in the past four years, to 80 million sq ft. That has meant Grade-A office space there is now just 14 per cent less than Shanghai’s.

22 Dec 2010 Business Standard

Warm Regards,

Shivram Krishna Singh|Loans & Property Curry|www.Lpcurry.com|

☺: +91-9999432002 | ☎:+91-11-41752512 | ✉:shiv@Lpcurry.com|

Stay in Touch@ LinkedIn Twitter Facebook Google Buzz
Call me shiv157
Tweets LPCurry: 'Realty a worry, NBFCs need more regulation' http://post.ly/1Pbnj