The industrial and warehousing sector clocked a total absorption of 22.4 million square foot (msf) in the first six months of 2023 (H1 2023), up by 7% compared to the 20.9 msf absorbed in … READ FULL STORY
July 6, 2023: Office demand during the second quarter of the year 2023 (Q2 2023) increased to a gross absorption of 14.6 million square foot (msf) across the top six cities, marking a YoY … READ FULL STORY
Sales of residential units and new supply witnessed an 8 percent and 11 percent year-on-year (YoY) growth in the April-June quarter of 2023 across eight major cities in the country, respectively, underscoring the resilience … READ FULL STORY
The real estate market in Delhi NCR witnessed a healthy surge in supply of new residential units, 5,209 launches by various developers in the first three months of 2023, marking a remarkable 189 percent … READ FULL STORY
The industrial and warehousing sector witnessed an absorption of nearly 11 million sqaure feet (msf) in Q1 2023, according to a report by real estate consultancy firm Savills India. Tier I cities saw 77% … READ FULL STORY
Bharti Enterprises and Brookfield Asset Management on May 1, 2023, announced the closure of their Rs 5,000-crore joint venture agreement for a 3.3 msf portfolio of marquee commercial properties primarily located in the Delhi-NCR … READ FULL STORY
India’s residential real estate sector has sustained an upward trajectory in the Q1 2023. Having said that, as per Housing Research, while the new supply grew by 86 per cent in March quarter, the … READ FULL STORY
Increasing use of digital technology, migration of IT infrastructure to third-party providers and the growing usage of data from new and existing channels will lead to addition of 678 MW to the digital transformation … READ FULL STORY
India’s top eight primary residential markets performed well during January-March period with both sales and new supply rising annually 22 per cent and 86 per cent, respectively, according to PropTiger.com report. PropTiger.com, the country’s … READ FULL STORY
Office leasing activity increased by 9% Y-o-Y and touched 12.6 million square foot (msf) during the January-March 2023 period on a pan-India basis, says CBRE South Asia’s latest report, CBRE India Office Figures Q1 2023. Bangalore, … READ FULL STORY
A ban on demolition work and non-essential construction in the Delhi-NCR has been lifted as the region’s air pollution levels eased. These restrictions imposed under Stage-3 of the Graded Response Action Plan (GRAP) plan … READ FULL STORY
Over 6.97 million sq. ft of space was leased to startups and gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022, according to a JLL report titled ‘A startup’s … READ FULL STORY
Residential prices continue to see an increase at 6% YoY across the top eight cities – Delhi NCR, MMR, Kolkata, Pune, Hyderabad, Chennai, Bengaluru, and Ahmedabad, amidst robust housing demand and quality launches by … READ FULL STORY
