Mapping India’s office spaces
1 year 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 largest office market, Bengaluru has seen a steady growth in supply averaging ~12 million sq.ft. Nil supply in BKC, Mumbai India’s most premium front-office market, Bandra Kurla Complex has no upcoming supply getting completed in the next two years. Some standalone Grade A+ projects in the vicinity of BKC like Wadala, Kurla and Kalina will The curious case of CBD Pune The Central Business District in any typical metro city is characterised by insignificant upcoming supply, high rentals and low vacancies primarily because of lack of space availability.

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History of this topic

Bengaluru real estate properties construction apartments
2 weeks, 1 day ago

Bengaluru real estate properties construction apartments

The Hindu  

In the era of memes, I came across one of the funniest and relevant one about Bengaluru which went: ‘A city where a software developer travels for 2 hours to the office to develop an app that delivers items in 10 minutes.’ Oxymoron it may be, but Bengaluru holds the dual distinction of being the Silicon Valley of India while …

Office Space Demand In Delhi-NCR Soars 61%; Here's Which Sector Led The Growth
2 weeks, 2 days ago

Office Space Demand In Delhi-NCR Soars 61%; Here's Which Sector Led The Growth

ABP News  

The Delhi-National Capital Region office market recorded a 61 per cent year-on-year increase in net absorption at 9.5 million square feet in 2024, the highest among the top seven cities, a report showed on Thursday. Overall, the net office absorption in top seven cities reached nearly 50 million sq ft, marking a substantial 29 per cent year-on-year increase from 38.64 …

Why Google’s new Bengaluru office is built like a web of neighbourhoods
2 weeks, 6 days ago

Why Google’s new Bengaluru office is built like a web of neighbourhoods

Live Mint  

When you see it from a distance, the new Google India campus on Bengaluru’s chaotic Outer Ring Road does look like the infinity symbol. “The glass tints up based on the path of the sun during the day and regulates temperatures inside naturally," explains Lavanya M.K., general manager at Google India, who is leading the tour. A rather quick tour …

Tech, flex space companies fuel 11% increase in office space demand in H2 of 2024: Colliers
2 weeks, 6 days ago

Tech, flex space companies fuel 11% increase in office space demand in H2 of 2024: Colliers

Live Mint  

New Delhi, March 9 : Technology and flex space companies are fueling office space demand in India, as the second half of 2024 witnessed an 11 per cent year-on-year rise, according to the latest report by Colliers. In India, technology firms and flex space operators together accounted for 46 per cent of the total take-up across the top six cities …

New office supply touches 515 lakh sq ft in 2024 across seven major cities: Vestian
1 month ago

New office supply touches 515 lakh sq ft in 2024 across seven major cities: Vestian

Hindustan Times  

A surge in demand for grade-A office spaces has led to the completion of 515 lakh sq ft of new office space supply across the top seven cities in 2024, according to a report by Vestian. Among the top seven cities, the maximum fresh supply was seen in Hyderabad followed by Bengaluru," the report added. Interestingly, Kolkata witnessed no new …

Flexible workspace operators bullish on growth in 2025, looking to expand; raise equity
2 months ago

Flexible workspace operators bullish on growth in 2025, looking to expand; raise equity

Hindustan Times  

Flexible office space providers are bullish on demand for managed workspace during 2025 as corporates look for agile and cost-effective solutions to reduce overheads. Bengaluru-based operator Simpliwork Offices CEO and Founder Kunal Walia said the company will keep expanding its portfolio across major cities to meet the rising demand for flexible workspaces. Shesh Rao Paplikar, Founder & CEO of BHIVE …

Retail leasing hits 8.1 million sq ft across eight cities in 2024; Bengaluru tops the list
2 months ago

Retail leasing hits 8.1 million sq ft across eight cities in 2024; Bengaluru tops the list

Hindustan Times  

Retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR and Mumbai, a report by JLL has shown. The JLL report said retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR …

Hyderabad leads office space deals with largest average size in 2024: Knight Frank India
2 months, 2 weeks ago

Hyderabad leads office space deals with largest average size in 2024: Knight Frank India

The Hindu  

Hyderabad has emerged as the top city in India for average office space deal size in 2024, recording 70,535 square feet per transaction. This marks a 10.13% increase from 2023, when the average deal size stood at 64,042 square feet, according to a recent report by Knight Frank India. Bengaluru secured the second spot in the rankings, with an average …

Domestic office market surges as India becomes hub for global occupiers
2 months, 2 weeks ago

Domestic office market surges as India becomes hub for global occupiers

Live Mint  

India’s commercial real estate skyrocketed last year primarily on the back of swelling demand from global firms scouring the country for office spaces, according to reports by top property consultants. Across India’s top nine cities, overall office leasing recorded a historical high of 79 msf in 2024, according to a report by CBRE, a real estate services and investment firm. …

Mint Primer: The factors that could push real estate in 2025
2 months, 3 weeks ago

Mint Primer: The factors that could push real estate in 2025

Live Mint  

All eyes are on global capability centres, which emerged as the highest contributor in office space leasing in 2024. Gross leasing of commercial office space touched a historic high of 79 million sq ft last year, as per property advisory CBRE India. Following the marginal dip in home sales and project launches last year, 2025 could mark a transition after …

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024
2 months, 3 weeks ago

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Hindustan Times  

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf …

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

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

Year-ender 2024: Office space leasing expected to touch 85 million square feet this year
3 months, 1 week 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 …

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month
4 months, 1 week 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 …

Bengaluru Leads the Flex Office Market with 28% Share
4 months, 4 weeks 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.

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown
5 months ago

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown

ABP News  

Rents for office spaces in major cities have soared past pre-pandemic levels, with Mumbai emerging as the most expensive market. The weighted average quoted office rental in Mumbai touched Rs 151.60 per square foot per month during the July-September quarter, up 6 per cent from 2019. However, industry experts expressed concerns regarding the slump in growth in certain key markets …

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

Table Space to add 9 mn sq ft to its portfolio in the next three years, invest ₹4,500 crore towards expansion plans
6 months, 1 week ago

Table Space to add 9 mn sq ft to its portfolio in the next three years, invest ₹4,500 crore towards expansion plans

Hindustan Times  

Premium managed office solutions provider Table Space is looking to nearly double its footprint with a 9 million square feet addition to its portfolio over the next three years, taking the total space take up to over 18 million square feet, company co-founder and president Kunal Mehra said in an interview with HT.com. Table Space plans to add 9 million …

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024
6 months, 2 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 …

315Work Avenue leases additional 56,000 square feet office space in Pune
6 months, 2 weeks ago

315Work Avenue leases additional 56,000 square feet office space in Pune

Hindustan Times  

Coworking space provider 315Work Avenue has leased an additional 56,000 square feet of office space in International Tech Park Pune to take its overall space take-up in the facility to 1 lakh square feet, the company said in a statement. 315Work Avenue leases additional 56,000 square feet office space in Pune 315Work Avenue now has a total of 12,000 seats …

BHIVE Workspace leases 77,000 sq ft office space in Bengaluru for ₹8.5 cr pa
6 months, 2 weeks ago

BHIVE Workspace leases 77,000 sq ft office space in Bengaluru for ₹8.5 cr pa

Hindustan Times  

Bengaluru-headquartered managed office space provider BHIVE Workspace has leased 77,000 square feet from Address Maker on CMH Road in Indiranagar, the company said in a statement on September 9. BHIVE Workspace leases 77,000 sq feet office space in Bengaluru for yearly rent of ₹ 8.5 crore Address Maker is a Bengaluru-based real estate player with a portfolio spanning 5 million …

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024
6 months, 3 weeks ago

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024

Hindustan Times  

The flexible workspace footprint across the top eight cities in India has touched 58 million square feet as of H1 2024, a joint report by Cushman & Wakefield and Table Space has said. Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024 According to the report, the first six months of 2024 added over …

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report
7 months, 3 weeks ago

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report

Hindustan Times  

Bengaluru tops the list of 20 Asia Pacific cities with the highest flexible office stock at 15.5 mn sq ft in the APAC region, including Shanghai, Seoul and Tokyo. Delhi NCR ranks second in the city list with a total stock of 10.7 mn sq ft of flexible office space, a report by CBRE has said. Bengaluru tops flexible office …

Bengaluru leads leasing by Global Capability Centres in India with 40% share between 2022 to H1 2024: Report
7 months, 3 weeks 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 leads office space absorption by global capability centers in India at 4.3 mn sq ft: Report
8 months 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’s office space stock to become highest in India by 2030
8 months, 2 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 …

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
8 months, 3 weeks 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
8 months, 3 weeks 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 …

Still working from home? This 5-star office might just lure you back
8 months, 3 weeks ago

Still working from home? This 5-star office might just lure you back

Live Mint  

Bengaluru: A woman smiles and welcomes visitors entering the shiny lobby of a new office building in Bengaluru’s Embassy Manyata Business Park. As part of its upgrade plan, Nucleus Office Parks, a Blackstone group company, is launching a new, improved multi-cuisine food court format ‘The Colony’ in some of its parks. “A common adage in global real estate was: ‘If …

WeWork to expand footprint in Chennai
9 months, 2 weeks ago

WeWork to expand footprint in Chennai

New Indian Express  

CHENNAI: After opening an office space in Olympia Cyberspace in Guindy previously, co-working major WeWork India, one of the largest office space providers, has now decided to expand its footprints in Chennai. Karan Virwani, CEO, WeWork India, told reporters that the co-working space company is planning to open another office in DLF Cybercity in Porur by December next year. Stating …

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

Flex office operators to ramp up expansion, deepen tier 2 presence this year
10 months, 3 weeks ago

Flex office operators to ramp up expansion, deepen tier 2 presence this year

Live Mint  

Bengaluru: Flexible workspace providers plan to expand their footprint in top cities and enter new tier 2 markets this year, as demand from homegrown and global firms for modern office solutions grows. WeWork India, Awfis, Indiqube, IWG, 315Work Avenue among others, that offer co-working spaces and managed offices, or customized workspaces, are looking at opportunistic ways to expand as more …

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities
11 months, 4 weeks ago

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities

Hindustan Times  

Despite global headwinds, the Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sq ft across top eight cities in Q1 2024, according to Cushman & Wakefield’s Q1 office data. A significant contribution to Bengaluru’s healthy leasing volume was 4.8 mn sq ft of fresh leasing activity, and the city accounted for 33% of total …

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru
1 year, 1 month 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 …

Warehouse Space Demand In Bengaluru, Chennai, Hyderabad Dips 5% In 2023: Report
1 year, 1 month ago

Warehouse Space Demand In Bengaluru, Chennai, Hyderabad Dips 5% In 2023: Report

ABP News  

The leasing of warehousing spaces in three prominent southern cities, including Bengaluru, Hyderabad, and Chennai, experienced a 5 per cent decline, reaching 10.2 million square feet last year due to subdued demand, according to real estate consultant Vestian data. Across seven major cities, the leasing of warehousing and logistics spaces experienced a 21 per cent increase, reaching 37.8 million square …

Mumbai Sees 23% Fall In New Office Space Supply Last Year, Numbers May Rise This Yr: Vestian
1 year, 1 month ago

Mumbai Sees 23% Fall In New Office Space Supply Last Year, Numbers May Rise This Yr: Vestian

News 18  

Mumbai has witnessed a 23 per cent fall in new supply of office space last year to 2.7 million square feet mainly as developers focused less on this asset class in the past few years anticipating fall in demand because of the COVID pandemic, according to Vestian. Real estate consultant Vestian noted that a surge in housing demand over the …

All that you need to know about Apple's new 15-storey office in Bengaluru
1 year, 2 months ago

All that you need to know about Apple's new 15-storey office in Bengaluru

Hindustan Times  

Tech giant Apple has expanded its footprint in India with a new 15-storey office in the heart of Bengaluru that will house up to 1200 employees. Apple's new office in Bengaluru is the latest addition to the company’s corporate office footprint in Bengaluru, Mumbai, Hyderabad, and Gurugram. The new Apple India office is located at Minsk Square in the center …

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report
1 year, 2 months 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 …

Flexible Office Space Market In India Set To Cross Rs 14,000 Crore In FY24
1 year, 3 months ago

Flexible Office Space Market In India Set To Cross Rs 14,000 Crore In FY24

ABP News  

India’s flexible office space is likely to see its market size increase 60 per cent to cross Rs 14,000 crore in the current fiscal year, due to a boost in rent charged by operators per desk and portfolio expansion, a report by Upflex India revealed. The ‘Co-Working and Managed Offices Redefining the Indian Commerical Real Estate’ report by Upflex India, …

WeWork India leases office space in Bengaluru, Hyderabad for co-working centres
1 year, 4 months ago

WeWork India leases office space in Bengaluru, Hyderabad for co-working centres

Hindustan Times  

Co-working major WeWork India on Thursday said it has taken on lease 2.72 lakh sq ft of office space in Bengaluru and Hyderabad to open two new facilities comprising about 4,000 desks. WeWork India has signed lease agreements for two new buildings -- Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad -- to open two new centres in the …

Unravelling opportunities
1 year, 4 months ago

Unravelling opportunities

The Hindu  

A joint industry report by CREDAI and CRE Matrix stated that high-quality office space in India’s top six cities had already surpassed 700 million sq.ft. As per a study by NASSCOM, operating costs of offices in tier-2 cities in the U.S. are as high as seven times the cost in Bengaluru, India’s largest office market. Lastly, India’s share of the …

Hyderabad to Add All-time High Office Space of 21.5 Mn Sq. Ft in '24 Fiscal
1 year, 6 months ago

Hyderabad to Add All-time High Office Space of 21.5 Mn Sq. Ft in '24 Fiscal

Deccan Chronicle  

HYDERABAD: Hyderabad’s real estate boom is set to get bigger, with the 2024 financial year set to see an addition of about 21.5 million square feet of office space, an all-time high. Icra said Hyderabad saw a healthy net absorption in the 2022 and 2023 fiscals, post-Covid-19 lockdowns, backed by good deal traction in new leases, offices resuming and a …

In charts: Factors impacting office space demand
1 year, 8 months ago

In charts: Factors impacting office space demand

Live Mint  

The demand for office space in India is buffeted by two different forces: return-to-office mandates and concerns around hiring due to global economic uncertainties. While economic uncertainty has lowered the demand for office space, one form that is becoming popular across cities is the flexible office space. Demand drop In 2022, the demand for office space jumped by almost 53% …

Bengaluru no. 1 city across APAC in flexible office space stock; Delhi-NCR 3rd: CBRE
1 year, 8 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, 10 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, 11 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 …

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