Bengaluru Metro Pink Line to Boost 5-7 Million Sq Ft Office Demand
File Photo NEW DELHI: Bengaluru’s growing metro network, especially the soon-to-be-launched Pink Line and the recently inaugurated Yellow Line, is predicted to spur a demand for 5-7 million sq ft of office space over the next two years, according to a report by Colliers. The demand is expected to be focused in key micro-markets including central business districts (CBD), secondary business districts (SBD), and peripheral areas like Electronic City, facilitated by enhanced connectivity and shorter commute times. The report highlights that a similar amount of new Grade A office space, around 5-7 million sq ft, is anticipated to be developed…