Bengaluru and Mumbai emerged as the leading markets, absorbing 3.6 MSF and 2.5 MSF of space. This quarter’s net absorption was 38% lower than the exceptional Q4-2023, but it was a 44% increase over Q1 2023, indicating continued space occupation by businesses. The Gross Leasing Volume (GLV) also remained robust at over 20 MSF, a 20% decrease q-o-q but a steep rise of 33% on a y-of-y