June 16, 2024: Office market continued its strong performance in Q2 2024, registering 15.8 million square foot (msf) of office leasing across the top six cities, marking a notable 16% rise over previous quarter. … READ FULL STORY
April 27, 2024: According to the latest report by real estate consultant Vestian, office absorption increased to 13.40 million square foot (msf) in Q1 2024 from 11.85 msf in Q1 2023, witnessing a 13% … READ FULL STORY
April 17, 2024: According to a report by Knight Frank, Asia Pacific Horizon: Harnessing the Potential of Offshoring[1], India has been named among the leading offshoring locations in the world. The Indian offshoring market … READ FULL STORY
April 4, 2024: While the technology sector led quarterly office leasing in India, the flexible office space segment emerged as the second-largest sector during Jan-Mar’24 (Q1 2024), according to CBRE South Asia’s latest report … READ FULL STORY
March 20, 2024: Pune’s real estate sector is poised for a record year in office and industrial and logistics (I&L) segment leasing in 2024, announced real estate consulting firm CBRE South Asia. Office … READ FULL STORY
March 12, 2024: Global companies are increasingly venturing into Chennai for their expansionary endeavours, with existing firms resorting to flight-to-quality leasing, according to CBRE South Asia’s latest report Diversification series: Rise of Chennai. The … READ FULL STORY
March 5, 2024: A recent report by Colliers highlighted that India’s office market, with consecutive all-time leasing highs in 2022 and 2023, is expected to consolidate its positioning within the APAC region and register … READ FULL STORY
February 15, 2024: Chennai has recorded more than more than 2x leasing activity in 2023 as compared to the annual average of the last four years, according to a recent Colliers India. Real estate … READ FULL STORY
The net absorption in India’s top seven office markets breached the 40 million square foot (msf) mark and stood at 41.97 msf (msf) in 2023, according to a report released by JLL India titled … READ FULL STORY
Office gross leasing absorption across India’s six major cities recorded a new all-time high of 62.3 million square foot (msf) in 2023, registering a 12% growth over the previous year, according to a report … READ FULL STORY
Demand for office space across India’s top six cities is likely to decline 18-22% in 2023, primarily due to the higher base effect from the previous year and delays in decision making by corporates … READ FULL STORY
November 20, 2023: Office market Bengaluru remained slow during the July-September period as office space gross leasing fell by 28% year-on-year (YoY) while new supply declined 25%, according to real estate consultant Vestian’s latest … READ FULL STORY
October 3, 2023: Demand for office spaces in the medium to long term will remain strong in India’s top seven cities because of cost-effectiveness with monthly average rental hovering around $1-2 per square foot … READ FULL STORY
