in india in the itites bfsi pharma telecom and fmcg sectors embark on their expansion strategies indicating that the economy is regaining its health says anshuman magazine chairman and managing director south asia for property consultancy cb richard ellis experts feel that the next few months offer a strategic window of opportunity for companies that are looking at leasing new space for expansion as rents across most markets are close to their bottom commercial space outlook is significantly better than what it was 18 months back there is a lot of expansion and consolidation by corporates says v hari krishna directorinvestments at kotak realty fund what is interesting is that unlike 2010 when only small leasing transactions took place the last two quarters have seen some big leasing deals go through while jp morgan chase has taken up 330000 sq ft of space in lt business park in mumbai genpact has taken 200000 sq ft of space in unitech infospace in gurgaon cognizant has taken 250000 sq ft in dlf akruti in pune google has taken 180000 sq ft in divyasree omega in hyderabad and wipro has taken 130000 sq ft in pritech park in bangalore in 201011 dlf leased out 4 million sq ft compared to only one million sq ft in the previous fiscal unitech has leased out close to one million sq ft in the last three months r nagaraju vice president corporate planning and strategy at unitech says there has been a very healthy demand for office space in the last 68 months after the phase out of the software technology parks stpi scheme this years budget provided clarity to companies about tax benefits in sezs companies which were not sure about moving into sezs have now got a clear direction we have seen a clear interest from certain it companies towards moving to sezs says vivek dahiya chief executive officer at genreal property advisors but there is only a small window of opportunity for sezs because developers need to finish construction of their it sezs by march 31 2012