- Cushman and Wakefield, MD Anshul Jain..
King Johnson Koyyada, Sharm El-Sheikh, Egypt : Cushman and Wakefield MD Anshul Jain described that the supply of office space in Hyderabad is high, which has become the biggest problem. Speaking to the Real Estate Guru’s King Johnson Koyyada in Egypt’s Sharm El-Sheikh, he said, “While the demand for quality office complexes is good, there is not enough office space available to suit the needs of various companies.”
Non-institutional players have entered this segment. He said that the office market in India will develop significantly in the next 12 to 18 months. It is said that there has been good demand for office complexes this quarter. He expressed hope that the number of new GCCs will increase. He said that 55 to 60 percent of employees have started coming to the offices, so there is a need to increase this number in the service sector. He said that if the employees are pressured to come to the office, some people in America have opposed it, while employees are coming to offices in Singapore.
