In recent years, Hyderabad has been emerging as a strong contender in the Indian office space market, and the latest statistics suggest that the city is poised to overtake Bengaluru as the most prominent office space market in the country. A combination of factors such as a favourable business environment, supportive government policies, and a booming tech industry has fueled the growth of Hyderabad's office space market. This blog will look closer at the latest Hyderabad office space market trends and the reasons behind its meteoric rise. According to a recent report by real estate services firm JLL, Hyderabad witnessed a 31% YoY growth in office space absorption in 2022 compared to 2020. In contrast, Bengaluru's office space absorption has declined by 38% YoY during the same period. As a result, Hyderabad's overall office space stock has reached 63 million square feet, compared to Bengaluru's 74 million square feet. Moreover, Hyderabad has emerged as a preferred desti...
Qdesq is a technology-enabled platform that provides flexible workspace solutions to businesses of all sizes. Founded in 2015, Qdesq offers a wide range of workspace solutions including coworking spaces, private offices, virtual offices & meeting rooms. The company operates across several cities in India and has partnerships with numerous workspace providers to offer its clients a diverse range of options. Qdesq platform allows businesses to search, book, and manage their workspace.