A central business district (CBD) is the commercial and business centre of a city or town. It is typically located in the downtown area and is the hub of economic activity in the region. … READ FULL STORY
Should businesses continue to operate out of old-jaded buildings at the heart of the city? Or, is it more convenient for commercial activity to move to the upscale swanky offices in the peripheral locations, … READ FULL STORY
Landlords and developers are missing investment opportunities and have a scope to upgrade around 100 million sq ft of office space. The retrofitting of these assets has Rs 9,000 crores or USD 1.2 billion … READ FULL STORY
Investments in built real estate properties in India stood at USD 2.4 billion (Rs 18,600 crores) in H1 2021, as per Colliers’ latest report, ‘A Brave New World: Investing Beyond the Momentary Squall’. This … READ FULL STORY
Indian commercial real estate developers have been gradually aligning themselves, to meet the increasing demand for Grade A properties. In the top 7 real estate markets in India, including Delhi-NCR, Mumbai city and Bengaluru, … READ FULL STORY
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
Bandra Kurla Complex (BKC) in Mumbai, which was initially developed as a business district by the Mumbai Metropolitan Region Development Authority (MMRDA), is now witnessing numerous residential developments. It was built as an alternative … READ FULL STORY
Three Indian metros – Bengaluru, Mumbai and Delhi – earned the highest prime office yields, among 34 leading international markets, according to a report by Knight Frank, titled ‘Global Cities: The 2018 Report’. Bengaluru … READ FULL STORY
In 1Q2017, the y-o-y increase in rentals was the highest in Navi Mumbai at 9%. Mumbai’s gross average rents, which include Thane and Navi Mumbai micro-markets, rose by only 1% (y-o-y). Within Mumbai, the western suburbs’ micro-market … READ FULL STORY
Currently, commercial property and office spaces are the true indicators of the future of the real estate market. It is always the absorption of office space that reflects the potential economic activity and job … READ FULL STORY
On the Delhi-Ghaziabad border, the price point on either side of the divide is a case study in urban housing economics. A 2-BHK property on Delhi’s side costs Rs 1.25 crores while the same … READ FULL STORY
The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
