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Five Indian cities in 'world's least costly office space' list
Source: The Financial Express Feb 25, 2014
Five Indian cities in 'world's least costly office space' list

The Financial Express

Five Indian cities - Hyderabad, Chennai, Pune, Bangalore and Kolkata - are among the top 10 least expensive office space markets in the world, according to latest findings of DTZ Global Research.
According to the report, Hyderabad has overtaken Surabaya (Indonesia) as world's least expensive office space market. Chennai, however, retains its position as world's third least expensive office space market. Pune and Bangalore occupy fourth and fifth position respectively in least expensive office space market ladder, says DTZ. Kolkata has entered the list of world's top-10 least expensive office space market.
"Occupancy costs and productivity are correlated in most South Asian markets, implying that office space is fairly priced within the region," the report said.

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