The demand for office space is likely to increase to 30.5 million sq ft this year, global real estate advisor DTZ said. "Fears of downside risks for the global economy have started to fade, which combined with local economic policy amendments including the opening of 51 percent FDI in multi- brand retail, climb-down of repo rates by the Reserve Bank of India (RBI) and stronger economic outlook, have resulted in improved market sentiment,"..........
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