bangalore demand for grade a offices across indias seven largest cities dropped by 12 quarteronquarter qoq in q1 2012 due to uncertain economic scenario in the country occupier demand remained subdued due to the cautious sentiment resulting in an overall takeup of 74 million sq ft for the quarter representing a decrease of 15 yoy mentioned a recent report by dtz india the available stock of grade a office space across major cities like mumbai delhi bangalore stood at 3762 million sft in q1 compared to 37025 million sft in the previous quarter representing an increase of 2 qoq cautious tenant sentiment is likely to prevail in the short term as a result rents across most markets are expected to remain largely unchanged at least in the first half of the year says dtz in total approximately 34 million sft of new supply is expected to come to the market across these cities mumbai followed by bengaluru and delhi ncr however the rising input costs and liquidity crunch at the developers end due to high lending rates continue to be worrisome and might impact the delivery timelines of the projects