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Rentals easing in IT hubs on subdued sentiment: ASSOCHAM study

Rentals easing in IT hubs on subdued sentiment: ASSOCHAM study

Jun 28, 2017, at 11:18 pm

New Delhi, June 28 (IBNS): With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents over the next three quarters, according to an ASSOCHAM paper.