Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions
2 weeks, 2 days ago

Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions

Hindustan Times  

Bengaluru was one of India's leaders in commercial real estate transactions in 2024, with notable activity in office space, flex office space, and retail leasing. 2) JP Morgan Services India Private Limited leased 5.6 lakh square feet of office space in Bengaluru's Embassy TechVillage for over seven years at a starting monthly rent of ₹4.47 crore. 3) For a monthly rent of ₹5.94 crore, ANZ Support Services India Private Limited extended its four-year lease on a 6 lakh-square-foot office property spread across 18 floors in Bengaluru's Embassy Manyata Business Park. 4) At a monthly rent of ₹4.92 crore, Amazon Development Centre India Private Limited extended its lease for five years on a 6.76 lakh square foot office space in Bengaluru, located in the Taurus 3 building of Constellation Business Park. 5) In October, industrial major Honeywell Technology Solutions Lab Private Limited renewed its lease for a 5.9 lakh-square-foot office space in Blocks 3A, B, and C of RMZ Ecoworld in East Bengaluru.

Space Bengaluru Lease Crore Private Limited Rent Office Space Office Transactions  crore  private  commercial  look  mega  bengaluru  lease  space  limited  demand  leasing  surge  yearender  rent  months  office  transactions  sees

History of this topic

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024
1 week, 3 days ago

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024

Hindustan Times  

Post-Covid, Bengaluru has become a bustling metropolis, with several MNCs and startups constantly expanding their commercial portfolio. Here are the top 5 land deals transacted in the Bengaluru real estate market 1) In July, Bengaluru-based real estate developer Puravankara Ltd acquired a 7.26-acre land parcel in the Hebbagodi suburb of Bengaluru to develop a luxury residential project worth over ₹900 …

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report
2 weeks, 1 day ago

Demand for logistics, industrial spaces to touch 50-53 million sq ft in 2024: Report

Hindustan Times  

Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand, according to a report by Cushman & Wakefield on December 24. Leasing of logistics and industrial spaces is set to reach 50-53 million sq feet in 2024 across eight major cities on sustained demand The leasing of …

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
2 weeks, 1 day ago

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way

Hindustan Times  

While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹100 crore, Bengaluru is fast catching up with demand for upscale residential properties. While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹ 100 crore, Bengaluru is fast catching up with demand for upscale residential properties. Top residential deals in Bengaluru …

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever
Trending News
2 weeks, 2 days ago

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever

Hindustan Times  

Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN 2024, according to a December 24 report by real estate consultant Colliers. Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN …

Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options
2 weeks, 2 days ago

Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options

Hindustan Times  

With more inventory available for rent in the Bengaluru real estate market's residential segment, landlords have started reducing rents by 5% to 10% in city centres. Bengaluru sees new housing supply Bengaluru recorded 16,537 home launches in April-June, accounting for 21% of the total residential launches across top cities. Bengaluru recorded a 7% rise in new launches yearly despite a …

Year-ender 2024: Office space leasing expected to touch 85 million square feet this year
3 weeks, 2 days ago

Year-ender 2024: Office space leasing expected to touch 85 million square feet this year

Hindustan Times  

The year 2024 is likely to register 83-85 mn sq ft of gross leasing of office space across eight major cities, which will be an almost 13% increase compared to the peak volume of 2023, a report by Cushman and Wakefield said. Since 2022, India’s office real estate has consistently witnessed more than 70 million square feet of gross leasing …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
1 month ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News  

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to …

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers
1 month, 1 week ago

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers

The Hindu  

The average effective rentals across major cities in India have grown by 3.6% on a five-year compound annual growth rate, according to what is being said to be India’s first commercial property rental index by the Indian Institute of Management Bangalore, in collaboration with CRE Matrix. ‘Invest in commercial property for higher returns’ This index, backed by over a decade …

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr
1 month, 2 weeks ago

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr

The Hindu  

The Bengaluru residential market grew remarkably in the second quarter of fiscal year 2024–25. Bengaluru Residential Market Trends: Area & Budget Wise As an additional point of interest, the research notes the fact that during the quarter spanning July to September, around 86% of all real estate transactions were concentrated in the price category of less than one crore. Views …

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month
1 month, 2 weeks ago

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month

Hindustan Times  

ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft office space spread across 18 floors in Embassy Manyata Business Park in Bengaluru for four years at a monthly rent of ₹5.94 crore, documents accessed by Propstack showed. ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft …

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans
1 month, 3 weeks ago

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans

Live Mint  

Koramangala 3rd Block, known as ‘Billionaire Street,’ has emerged as one of Bengaluru’s most prestigious addresses. One of the standout deals in Bengaluru’s real estate history took place here when Quess Corp MD Ajit Isaac acquired a 10,000-square-foot plot for ₹67.5 crore, setting a new benchmark in the area. Market Dynamics and Pricing Trends Data from Housing.com shows an upward …

Bengaluru Leads the Flex Office Market with 28% Share
2 months, 1 week ago

Bengaluru Leads the Flex Office Market with 28% Share

Hindustan Times  

Bengaluru leads the Indian commercial real estate market with 257 flex office transactions, accounting for 28 per cent of the total deals. The city has emerged as the top market in the small-sized segment, with 150 deals, followed by the National Capital Region (NCR) with 96 deals and Pune with 33 deals.

Bengaluru's Rental Housing Market Rejuvenates: Experts Say
2 months, 2 weeks ago

Bengaluru's Rental Housing Market Rejuvenates: Experts Say

Hindustan Times  

Bengaluru's rental housing market returns to normalcy, with average rent per month increasing by 4% in 2024 compared to 2023. While the rate of increase has stabilized, it is still higher than pre-pandemic levels. The market is expected to see annual increases in rentals to the tune of 4-8%, while property prices are expected to register a rise of 5-10%. …

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand
3 months, 1 week ago

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand

Hindustan Times  

The July-September quarter of 2024 recorded a 31% year-on-year growth in office leasing, pushing the tally to 17.3 million square feet across the top six cities, a report by property consultancy Colliers said on September 26. Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand Bengaluru and …

5 factors that make Bengaluru and Hyderabad leading hubs for global capability centres
3 months, 3 weeks ago

5 factors that make Bengaluru and Hyderabad leading hubs for global capability centres

Hindustan Times  

Bengaluru and Hyderabad collectively accounted for over 60% of the office leasing undertaken for GCCs across the top six cities in India between 2022-H1 2024, as per a recent report by property consultancy CBRE. 5 factors that make Bengaluru and Hyderabad leading hubs for global capability centres A report by real estate consultant Colliers, also found that the average transaction …

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024
3 months, 3 weeks ago

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024

Hindustan Times  

Transactions for office spaces above 100,000 sq ft recorded a substantial YoY growth of 54% in the first half of calendar year 2024 from 10.18 mn sq ft in H1 2023 to 15.69 mn sq ft in H1 2024. Bengaluru’s large office spaces contributed 53% to the city’s total commercial transaction volumes, amounting to 4.5 million sq ft followed by …

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar
4 months, 1 week ago

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar

Hindustan Times  

In a high-end real estate transaction in Bengaluru's Indiranagar locality, a residential property has been sold for ₹47.5 crore, property registration documents accessed through proptech platform Zapkey showed. Bengaluru real estate: Residential property sells for ₹ 47 crore in Indiranagar As per details cited in the said documents, the 8,800-square feet land parcel housing an independent residential unit spanning a …

JP Morgan Services leases 5.6 lakh sq ft office space in Bengaluru for over 7 years
4 months, 1 week ago

JP Morgan Services leases 5.6 lakh sq ft office space in Bengaluru for over 7 years

Hindustan Times  

JP Morgan Services India Private Limited has leased 5.6 lakh square feet of office space in Bengaluru's Embassy TechVillage for a period of over 7 years at a starting monthly rent of ₹4.47 crore, documents accessed through real estate data analytics platform Propstack showed. JP Morgan leases 5.6 lakh sq ft office space in Bengaluru for over 7 years The …

Bengaluru's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation
4 months, 1 week ago

Bengaluru's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation

Hindustan Times  

Housing prices in Bengaluru's Bagaluru rose highest by 90 per cent since 2020, while Dwarka Expressway in Delhi-NCR ranked 4th with 79 per cent average appreciation, according to Anarock. READ | Bengaluru police debunk viral 'free ride for women' hoax, say no late-night lift service available NCR's Dwarka Expressway is in the 4th position with a 79 per cent price …

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year
4 months, 2 weeks ago

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year

Hindustan Times  

While Mumbai is synonymous with the uber luxury property segment in India, high-end residential units have seen growing demand in Bengaluru of late. Top luxury property deals reported in the Bengaluru this year Earlier this year, Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, had bought a 10,000 sq ft property worth ₹67.5 crore in Koramangala area, …

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY
4 months, 3 weeks ago

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY

Hindustan Times  

Bengaluru recorded a almost 70% year-on-year surge in industrial and logistics leasing during the January-June period of the ongoing calendar year at 3.4 million square feet. Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY Meanwhile fresh supply during the six-month period was recorded at 3.2 million square feet, per the report. …

Bengaluru and Mumbai drive leasing of green-certified buildings, account for over 50% share in Q2 2024
4 months, 3 weeks ago

Bengaluru and Mumbai drive leasing of green-certified buildings, account for over 50% share in Q2 2024

Hindustan Times  

Bengaluru and Mumbai accounted for more than 50% share of the total 13 mn sq ft of office space leased in green-certified buildings in the top six cities in the second quarter of 2024, according to a report by Colliers. Bengaluru and Mumbai accounted for more than 50% of the total 13 mn sq ft of office space leased in …

Bengaluru leads leasing by Global Capability Centres in India with 40% share between 2022 to H1 2024: Report
5 months ago

Bengaluru leads leasing by Global Capability Centres in India with 40% share between 2022 to H1 2024: Report

Hindustan Times  

Bengaluru led leasing by Global capability centres in India between 2022 to H1 2024 with a 40% share, according to a CBRE- Zyoin report released on August 5. Bengaluru leads leasing by Global Capability Centres in India with 40% share between 2022- H1 2024 According to the report, GCCs leased nearly 53 million square feet of office space across the …

Bengaluru Tops Indian Real Estate: Q2 2024 Sales Report
5 months, 1 week ago

Bengaluru Tops Indian Real Estate: Q2 2024 Sales Report

The Hindu  

Bengaluru tops Indian real estate in q2 2024 on the sales and launches front. Notably, however, the total unit launches in the first half-yearly period of 29,153 units have already crossed 60 percent of the maximum unit launches recorded in a year, the report explained on Bengaluru tops Indian real estate in Q2 2024. At the same time, it was …

Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge
5 months, 1 week ago

Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge

Hindustan Times  

Karnataka Minister Priyank Kharge stated that it was a proud moment for him to release the Bengaluru Innovation Report 2024, curated by 3one4 Capital and the Startup Vision Group. On X, he shared that Bengaluru's GDP is projected to grow at 8.5 percent until 2035. Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge …

Bengaluru leads office space absorption by global capability centers in India at 4.3 mn sq ft: Report
5 months, 1 week ago

Bengaluru leads office space absorption by global capability centers in India at 4.3 mn sq ft: Report

Hindustan Times  

Bengaluru accounts for the highest office space absorption by global capability centers in India at 4.3 million square feet, according to a Knight Frank India - 3AI report released on July 26. Bengaluru leads office space absorption by global capability centres in India Bengaluru is the top choice for platform engineering and constitutes the highest IT/ITeS GCC led office absorption …

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches
5 months, 2 weeks ago

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches

Hindustan Times  

Bengaluru has emerged as the premier residential real estate market in India with 18,548 housing units sold and 16,537 homes launched during the April-June period of the ongoing calendar year, according to JLL Research. Bengaluru tops housing sales and launches pan India in Q2 2024 The IT capital accounted for approximately 21% of the total residential launches and around 23% …

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter
5 months, 3 weeks ago

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter

Hindustan Times  

Bringing cheer to home tenants in Bengaluru, the city’s rental housing market saw an average price correction of 5-10% during the April-June quarter of the ongoing calendar year, local brokers told HT.com. Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers It should be noted that typically the second quarter of …

Bengaluru’s office space stock to become highest in India by 2030
5 months, 4 weeks ago

Bengaluru’s office space stock to become highest in India by 2030

The Hindu  

Bengaluru office stock is set to touch 330-340 million sq. Technology, Engineering & Manufacturing, and BFSI sectors are expected to be primary demand drivers, while life sciences, aviation, and automobile are likely to be emerging drivers, according to the analysis. Technology, engineering & manufacturing and BFSI sectors are expected to be the main demand drivers of office space while life …

Bengaluru Real Estate Prices have soared by 57% increase
5 months, 4 weeks ago

Bengaluru Real Estate Prices have soared by 57% increase

The Hindu  

Bengaluru Real Estate prices have jumped by 57% as per a report which has been released by Anarock. Bengaluru real estate In H1 2024, the housing sales were higher than the new launches with approximately 34,100 units being sold which was an 11% increase compared to the previous year. The report added that this represents a potential diversification of the …

Samsung renews lease for 4 lakh sq ft office space in Bengaluru at an annual rent of over ₹50 crore
6 months ago

Samsung renews lease for 4 lakh sq ft office space in Bengaluru at an annual rent of over ₹50 crore

Hindustan Times  

Samsung Research And Development Institute has renewed its lease for 4.02 lakh square feet space in Bengaluru’s Bagmane Goldstone tower, documents accessed by real estate data analytics platform Propstack showed. Samsung renews lease for 4 lakh sq ft space in Bengaluru at annual rental fee of over ₹ 50 crore According to the documents, the South Korean tech giant first …

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report
6 months ago

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report

Hindustan Times  

Residential property prices in Bengaluru have jumped 57 per cent in the last 5 years, as per 'Bengaluru's Real Estate - Your Gateway to Opportunity' report released by ANAROCK. The housing sales in Bengaluru exceed new launches in the first half of 2024 with about 34,100 units sold - up 11 per cent over H1 2023. The average office rentals …

Office market touches 34.7 mn sq ft transactions in H1 2024; may double by year end on the back of demand from IT firms
6 months ago

Office market touches 34.7 mn sq ft transactions in H1 2024; may double by year end on the back of demand from IT firms

Hindustan Times  

Office space market across the top eight cities in India recorded its highest ever transaction volume in a half yearly period at 34.7 million square feet in H1 2024. Vacancy rate reduced to 15.6% The office market witnessed 25.1 mn sq ft of space completions in H1 2024. Though GCC recorded a mark-up in its share, India Facing Business continued …

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft
6 months ago

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft

Hindustan Times  

Office leasing touched 32.8 mn sq ft during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE South Asia Pvt. ft. during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE Bengaluru led office space absorption, accounting for about one-fourth of the total leasing …

Google leases new office in Bengaluru for ₹4 crore monthly rent: Report
7 months, 1 week ago

Google leases new office in Bengaluru for ₹4 crore monthly rent: Report

Hindustan Times  

Google leased 649,000 square feet of office space in Alembic City, Whitefield, Bengaluru, it was reported. Ltd. renewed its lease for 600,000 square feet of office space in Hyderabad, it added. Google also agreed to lease 1.3 million square feet of office space from Bagmane Developers in Bengaluru, the report claimed. Since 2020, Google has expanded its office space portfolio …

Bengaluru-based Puravankara crosses ₹5,914 crore in sales in FY24
9 months ago

Bengaluru-based Puravankara crosses ₹5,914 crore in sales in FY24

Hindustan Times  

Bengaluru-based Puravankara Limited has recorded sales of ₹5,914 crore in FY24, an increase of 90% compared to ₹3,107 crore in FY23. Customer collections increased by 60 per cent to ₹3,609 crore for the FY, compared to ₹2,258 crore in the previous fiscal, the company said in a regulatory filing on April 5. Bengaluru-based Puravankara Limited has recorded sales of ₹ …

Brigade Group signs joint development agreement for office space in Bengaluru worth ₹340 crore
9 months ago

Brigade Group signs joint development agreement for office space in Bengaluru worth ₹340 crore

Hindustan Times  

Brigade Enterprises Limited has signed a Joint Development Agreement with United Oxygen Company Private Limited to develop an office space in Bengaluru worth ₹340 crore. Brigade Enterprises Limited has signed a Joint Development Agreement with United Oxygen Company Private Limited to develop an office space in Bengaluru worth ₹ 340 crore. Director of United Oxygen Company Private Limited, Ashwin Poorswani …

Mapping India’s office spaces
10 months ago

Mapping India’s office spaces

The Hindu  

While most investors look at factors like vacancy in the market, the historical rent growth and rentals of comparable assets, I have seen that even the most seasoned of investors miss out on taking a look at the upcoming supply in the market — which is the only verifiable forward-looking metric in real estate analysis. Business-as-usual in Bengaluru As India’s …

Surviving Bengaluru: 5 things to know before renting an apartment in the garden city
10 months, 1 week ago

Surviving Bengaluru: 5 things to know before renting an apartment in the garden city

Hindustan Times  

Rents in Bengaluru have increased by more than 20% to 30% over the last few months after several companies decided to scrap work-from-home leading to the ‘floating’ employee population returning to their offices from their hometowns. 2 Rents surge along Metro corridors; Localities along the metro line witness 7-10% higher rental inflation With offices opening in Bengaluru, the demand for …

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru
10 months, 1 week ago

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru

Hindustan Times  

Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost ₹500 crore, the company said. Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet The …

Bengaluru stands top in number of private vehicles on road, surpassing Delhi: Report
11 months, 3 weeks ago

Bengaluru stands top in number of private vehicles on road, surpassing Delhi: Report

Hindustan Times  

Bengaluru now stands as an Indian city with the highest number of private vehicles, surpassing the national capital, New Delhi, according to a report in The Times of India. Bengaluru stands top in number of private vehicles on road, surpassing Delhi According to the report, Delhi has always been at the top in terms of most private vehicles, and in …

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report
1 year ago

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report

Hindustan Times  

Leasing of office space rose by 15 per cent across eight major cities last year, despite a decline in demand in Bengaluru, the largest workspace market, according to Knight Frank. Data showed that office demand grew 15 per cent annually to 59.6 million square feet in 2023, despite global economic and geopolitical concerns. The data showed that office demand grew …

Bengaluru no. 1 city across APAC in flexible office space stock; Delhi-NCR 3rd: CBRE
1 year, 5 months ago

Bengaluru no. 1 city across APAC in flexible office space stock; Delhi-NCR 3rd: CBRE

Hindustan Times  

Delhi-NCR has emerged as the third biggest city in the Asia Pacific in having flexible office space stock beating Beijing and Seoul, while Bengaluru has retained the top spot, according to real estate consultant CBRE. In its report, 'H1 2023 Asia Pacific Flexible Office Market', CBRE mentioned that Delhi-NCR emerged as 3rd largest city among the 20 Asia-Pacific region cities …

Bengaluru's North-West Region: Soaring As A Secondary Business Hub, Reveals Study
1 year, 7 months ago

Bengaluru's North-West Region: Soaring As A Secondary Business Hub, Reveals Study

News 18  

Lower occupancy, accessibility, connectivity and future development opportunity is driving the growth of commercial real estate in north-west Bengaluru which includes areas of Malleshwaram, Rajajinagar, and Peenya, said a recent study by Meraqi Research. Metro rail connectivity, express way, wide roads, good drainage and connectivity to various business districts are prime reasons for growth of commercial real estate in the …

Real Estate: Office Space Absorption Rises 16% QoQ to 14 million Sqft in January-March 2023, Says Report
1 year, 8 months ago

Real Estate: Office Space Absorption Rises 16% QoQ to 14 million Sqft in January-March 2023, Says Report

News 18  

Office space absorption in India’s six major cities rose 16 per cent QoQ to 14 million sqft in the first quarter of 2023. However, the YoY gross absorption comparison indicates an 11 per cent decline owing to global economic pressures, according to the latest report by international real estate advisory firm Savills India. Additionally, the office space witnessed a 23 …

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore
1 year, 11 months ago

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore

Business Standard  

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore The project is located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity Premium The land is in close proximity to India’s largest IT and Electronics hub - Electronics City Pratigya Yadav New Delhi The real estate and …

Bengaluru tops in Asia Pacific region in flexible office space stock; Hyderabad 7th
2 years ago

Bengaluru tops in Asia Pacific region in flexible office space stock; Hyderabad 7th

Deccan Chronicle  

New Delhi: Bengaluru has the highest supply of premium flexible office space in Asia Pacific region at 10.6 million square feet, according to CBRE. As of September 2022, Bengaluru recorded 10.6 million square feet flexible stock, the highest among all major APAC cities, including Shanghai, Beijing, Seoul, Tokyo and Singapore. Out of the total premium flexible office space in Hyderabad, …

Bengaluru may see highest growth in office rent in Asia-Pacific region next year
2 years, 1 month ago

Bengaluru may see highest growth in office rent in Asia-Pacific region next year

Deccan Chronicle  

New Delhi: Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India. Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent YoY in 2023, highest amongst the 24 APAC cities tracked in the report. New Delhi's …

Bengaluru may see highest growth in office rent in APAC next year: Report
2 years, 1 month ago

Bengaluru may see highest growth in office rent in APAC next year: Report

Hindustan Times  

Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India. READ | Why Karnataka's Mysuru is the next real estate hotspot in India Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent YoY in 2023, highest …

Discover Related