TOP TIPS: Thai turmoil and Bangkok property
Dec 13, 2013
TOP TIPS: Watch for supply pinch and politics in Mumbai office property
Ramesh Nair, chief operating officer of Jones Lang LaSalle India advises on Mumbai office rates for CFOs and finance chiefs considering the city.
Office rates in Mumbai are rising steadily despite a slowdown in broad Indian growth. The main reason behind that is the supply of new office buildings. Since the slowdown, over the last four or five years, new office space building has been fairly minimal and that’s having an impact.
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