India's total office space stock is currently at over one billion square feet with an estimated value of USD 186 billion, but there is a need to focus on building new properties for sustaining the growth momentum, according to CII-Knight Frank India.

Industry body CII and real estate consultant Knight Frank India on Friday released a report on commercial real estate.

"India is the fourth-largest office market globally and has now achieved a defining milestone by crossing the 1 billion sq ft threshold in total office stock...The office stock is currently valued at approximately Rs 16.4 trillion (USD 186 bn), demonstrating the sector's depth and resilience," the report highlighted.

From under 200 million sq ft in the early 2000s to 1 billion sq ft in 2025, this remarkable expansion unders

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