Maharashtra topped the list of green real estate projects across the country on account of its policy of allowing incentives for sustainable buildings. Maharashtra topped the list of green real estate projects across the country on account of its policy of allowing incentives for sustainable buildings Savills India’s report on Sustainable Real Estate: Strategies and Practices said that there are …
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 …
The industrial and logistics sector witnessed an absorption of 13.5 mn sq. The overall absorption during Q1 2024 is led by sustained demand from the 3PL and manufacturing sectors as well as a surge in demand from the FMCG sector. The tier II and tier III cities together accounted for 24% of the total supply, the report showed Delhi-NCR leads …
New Delhi: Private equity investments inflows into the Indian real estate sector stood at $3.9 billion at the end of 2023, registering a 14% increase YoY. Private equity investments inflows into the Indian real estate sector stood at $3.9 billion at the end of 2023, registering a 14% increase YoY. Savills India expects $3.5 billion to $4.0 billion of private …
The year 2024 is expected to be all about infrastructure projects shaping homebuying behavior. New metro connectors, expressways and airports - both newly operational or upcoming are likely to dictate how real estate markets perform- both residential as well as commercial. “As infrastructure projects get completed throughout 2024, peripheral areas will become integrated with central and suburban areas, resulting in …
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 …