Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown
1 month, 3 weeks 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 such as Bengaluru and the rising levels of vacancies in others like Delhi NCR and Hyderabad.

Mumbai Business Law Real Estate Economy  weighted  square  market  sees  soar  past  month  2019  office  mumbai  levels  rs  cent  slowdown  end  foot  rents  prepandemic

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

Gross leasing of office space set to rise 14 pc in 2024 to record 85 mn sq ft: Cushman & Wakefield
Trending News
1 week, 1 day ago

Gross leasing of office space set to rise 14 pc in 2024 to record 85 mn sq ft: Cushman & Wakefield

Live Mint  

New Delhi, Dec 16 Gross leasing of office space across eight major cities is likely to rise 14 per cent to touch a record 85 million square feet this calendar year, according to Cushman & Wakefield. The gross leasing of office space stood at 74.6 million square feet in 2023 across eight cities -- Bengaluru, Hyderabad, Mumbai, Delhi-NCR, Chennai, Pune, …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
2 weeks, 5 days 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
3 weeks, 4 days 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 …

Bollywood landlords: 5 celebrities who have rented out their properties in Mumbai
4 weeks ago

Bollywood landlords: 5 celebrities who have rented out their properties in Mumbai

Hindustan Times  

Bollywood actors have been in the news for buying and renting out commercial and residential properties in the Mumbai real estate market, which is one of the costliest real estate markets of the country. Earlier this month, Bollywood actor Shahid Kapoor and wife Mira Kapoor rented out their luxury apartment in the Worli area of Mumbai at a rent of …

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

Retail leasing touches 1.6 mn sq ft in the third quarter of 2024; High street rentals see growth of 15% YoY in Q3 2024
1 month, 2 weeks ago

Retail leasing touches 1.6 mn sq ft in the third quarter of 2024; High street rentals see growth of 15% YoY in Q3 2024

Hindustan Times  

Retail leasing of 1.6 mn sq ft was recorded in the third quarter of 2024 with Hyderabad, Delhi NCR, and Mumbai leading the volume. According to the Cushman & Wakefield Q3-2024 Retail MarketBeat Report, high streets dominated the leasing landscape, accounting for a 68% of the total 1.6 million square feet leased this quarter, with Hyderabad, Delhi-NCR, and Chennai accounting …

Renting Crisis Grips Cities, Pushing Up Property Prices
1 month, 3 weeks ago

Renting Crisis Grips Cities, Pushing Up Property Prices

The Hindu  

The cost of renting homes has shot up by 26-67 percent in the last three years in key micro markets in India’s seven biggest cities. This is having an increasingly larger impact on the current incomes of the population that rents. The sharp increase in the high cost of renting is having an increasingly larger impact on the current incomes …

Bengaluru's Rental Housing Market Rejuvenates: Experts Say
2 months 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%. …

Bangalore Rental Market Booms: Return to Office and Student Influx Drive Prices
2 months, 1 week ago

Bangalore Rental Market Booms: Return to Office and Student Influx Drive Prices

The Hindu  

Bangalore's rental market has seen a surge in recent years, driven by the return to office culture and student influx. The city's superior educational institutions attract students from around the nation, leading to a significant increase in housing rentals. Areas near the IT Corridor, such as east Bengaluru and north have experienced the most dramatic increases. The robust job market …

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand
2 months, 4 weeks 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 …

Rent versus buy: Average rental values increased more than capital values in Bengaluru, Pune, Kolkata and Chennai
3 months ago

Rent versus buy: Average rental values increased more than capital values in Bengaluru, Pune, Kolkata and Chennai

Hindustan Times  

In Bengaluru, Pune, Kolkata and Chennai, the average residential rental values rose more than the capital values between 2021-end to H1 2024. Bengaluru’s Sarjapur Road saw average monthly rental values increase by 67%, while capital values increased by 54%. At Thannisandra Main Road, the average rental values rose 56% while capital values appreciated 52%, it showed. In HITECH City, rental …

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024
3 months, 1 week 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 …

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study
3 months, 3 weeks ago

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study

ABP News  

Indians are increasingly demanding for rental units in the range of Rs 20,000 to Rs 30,000 per month, a latest study revealed. The rent range of Rs 10,000 to Rs 20,000 was the second highest in demand at 22 per cent in the domestic housing market. Meanwhile, Delhi saw individuals preferring units with a rent range of Rs 50,000 to …

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

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report
4 months, 3 weeks ago

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report

Hindustan Times  

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region, according to a report released by property consultancy Knight Frank India on July 29. Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region, report says The prime office market in Delhi-NCR has sustained rental values consistently over the past …

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter
5 months, 1 week 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, 1 week 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's residential property prices jumped 57 per cent in the last 5 years: Report
5 months, 2 weeks 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 leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft
5 months, 2 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 …

Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL
5 months, 3 weeks ago

Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL

Hindustan Times  

Office leasing was up by 29% to touch 33.5 mn sq ft in the first half of the year. Office leasing touches 33.5 mn sq ft in the first half of the year, up by 29%: JLL Office demand across seven major cities hit an all-time high in the first half of this calendar year with gross leasing of 33.54 …

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises
6 months ago

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises

News 18  

With more supply hitting the top 7 cities’ markets, overheated housing rents are stabilising. Latest Anarock data shows that average residential rental prices across key markets in these cities saw a 2-4% quarterly rise in Q2 2024 to date over the preceding quarter. Sohna Road and Dwarka saw their respective quarterly rents increase by 3% and 2% in Q2 2024; …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 1 week ago

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

Hindustan Times  

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Bengaluru witnessed the maximum price increase of 19% Bengaluru witnessed the maximum price increase …

Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y
7 months, 4 weeks ago

Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y

Hindustan Times  

Despite global uncertainties stemming from uneven economic scenarios and geopolitical tensions, the first quarter of 2024 witnessed office leasing activity of 16.7 mn sq. ft in India, a 20% increase year-on-year even as office space absorption across India’s six major cities is likely to register around 61 mn sq ft in 2024, according to international real estate advisory firm Savills …

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities
8 months, 3 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 …

At 27% Mumbai witnesses the highest coworking rental growth since FY20
9 months, 1 week ago

At 27% Mumbai witnesses the highest coworking rental growth since FY20

Hindustan Times  

Mumbai has seen the highest coworking average monthly rental growth of 27% in the last four years followed by Gurugram at 19%, a new report by MyHQ by Anarock has said. Mumbai has seen the highest coworking average monthly rentals growth of 27% in the last four years followed by Gurugram at 19%, a new report by MyHQ by Anarock …

Mapping India’s office spaces
9 months, 2 weeks 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
9 months, 3 weeks 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 …

Mumbai Sees 23% Fall In New Office Space Supply Last Year, Numbers May Rise This Yr: Vestian
10 months, 2 weeks 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 …

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

Office Rental Values Rise 8% in Hyderabad: Anarock
1 year ago

Office Rental Values Rise 8% in Hyderabad: Anarock

Deccan Chronicle  

HYDERABAD: Office rental values in Hyderabad rose 8 per cent to '66 per square feet per month from Rs 61 in the corresponding period last year. Bengaluru, Pune, and Kolkata each saw 7 per cent annual growth in office rental values in this period, while the Mumbai Metropolitan Region and the National Capital Region of Delhi registered a 5 per …

Unravelling opportunities
1 year, 1 month 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, 3 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, 5 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% …

Real Estate: Office Space Absorption Rises 16% QoQ to 14 million Sqft in January-March 2023, Says Report
1 year, 7 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 …

Should you buy or rent a house? Zerodha’s Nikhil Kamath has an answer
1 year, 7 months ago

Should you buy or rent a house? Zerodha’s Nikhil Kamath has an answer

Live Mint  

Calling the sudden spike in house rents in India a short term phenomenon, Zerodha's co-founder, Nikhil Kamath, has said that if the stark mismatch between the trend of buying and renting houses needed to reach an equilibrium, he would bet on the former. The main reason behind the rising house rents in India is the large imbalance in demand and …

In Bengaluru, landlords call the shots as techies fight for flats
1 year, 8 months ago

In Bengaluru, landlords call the shots as techies fight for flats

Hindustan Times  

Rents in India’s technology hub of Bangalore have nearly doubled since the start of last year, making it the country’s hottest residential market. The capital of Karnataka state is home to over 1.5 million workers including those for global firms like Alphabet Inc.’s Google, Amazon.com Inc., Goldman Sachs Group Inc. and Accenture Inc. That population was displaced during the pandemic, …

2022: the year that was
2 years ago

2022: the year that was

The Hindu  

After the initial COVID-19 pandemic wave and the ensuing enforced lockdowns, India’s residential market has been expanding at a breakneck rate. “The Indian real estate sector witnessed one of its most extensive turnaround years this year, something that hasn’t happened in the past 10 years.”Abhishek KapoorCEO, Puravankara Ltd., Bengaluru The phenomena in the year 2022 were undeniably conducive to the …

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 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 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 …

House rentals show slight increase in third quarter; details here
2 years, 2 months ago

House rentals show slight increase in third quarter; details here

Firstpost  

Average rents across India have risen by 5.2 per cent on a sequential basis for the quarter that ended on 30 September 2022, while aggregate demand and cumulative availability of rental properties declined by 3.9 per cent and nearly 10 per cent, respectively, in 13 Indian cities. Bengaluru witnessed an increase of 7.3 per cent in rents, Mumbai saw a …

Mapping post-Covid office rentals: Action shifts to eastern, central suburbs
2 years, 2 months ago

Mapping post-Covid office rentals: Action shifts to eastern, central suburbs

Hindustan Times  

Mumbai: The Central Business District of Mumbai, centered around Nariman Point in South Mumbai, has clocked negative office rental growth and the CBD at Bandra Kurla Complex has consolidated its position as the premium location, while eastern and central suburbs of the city have shown healthy rental growth, a new research report by CRE Matrix, a real estate data analysis …

Bengaluru sees highest appreciation in average housing prices for Jul - Sept
2 years, 2 months ago

Bengaluru sees highest appreciation in average housing prices for Jul - Sept

Hindustan Times  

Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to ₹5,428 per square feet in July-September quarter from …

Property registrations in Mumbai rose 11% to 8,628 units in September: Report
2 years, 2 months ago

Property registrations in Mumbai rose 11% to 8,628 units in September: Report

Live Mint  

In spite of rising home costs and borrowing costs, registration of properties in Mumbai jumped 11% last month to 8,628 units, the highest level for September in the previous 10 years, according to a study released today by Knight Frank India, a renowned international property consultant. In September 2022, there were 8,628 property sale registrations in Mumbai city, compared to …

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report
2 years, 2 months ago

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report

News 18  

The year 2022 is likely to emerge as the best year in terms of office space leasing, with absorption likely to cross 50 million sq ft across the top-6 cities — Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. While hybrid working continues to be the mainstay, occupiers are not shying away from leasing new large spaces,” Colliers India said in …

Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities
2 years, 3 months ago

Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities

Hindustan Times  

Average monthly rentals in posh residential colonies across seven major cities rose 8-18 per cent in last two years while capital value appreciated by 2-9 per cent, according to Anarock. Bengaluru's Rajaji Nagar witnessed the highest capital appreciation of 9 per cent with average prices increasing to ₹6,200 per square feet in 2022 from ₹5,698 per sq ft in 2020. …

Housing prices in Bengaluru up by 4% in April-June quarter: Report
2 years, 4 months ago

Housing prices in Bengaluru up by 4% in April-June quarter: Report

Hindustan Times  

The square foot price of residential housing in Bengaluru increased by four per cent to ₹7,848 in the April to June quarter as compared to last year. Housing prices in Bengaluru returned pre-pandemic levels by rising four per cent in the second quarter, making it the highest price in three years. Below is a table detailing the increase in housing …

Bengaluru’s prime office rental grew 12% despite global headwinds, and rental value may rise: Knight Frank
2 years, 4 months ago

Bengaluru’s prime office rental grew 12% despite global headwinds, and rental value may rise: Knight Frank

The Hindu  

Bengaluru witnessed the highest prime office rental percentage in the entire Asia Pacific region with an increase of 12.1% year-on-year in the second calendar quarter of 2022, said Knight Frank, a realty advisory, consulting and management firm. With a double-digit growth, Bengaluru was the best-performing prime office market in the APAC region in terms of rental growth in Q2 2022 …

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