New Delhi’s Connaught Place has moved one position higher, to become the ninth most expensive office location in the world, with an annual rent of USD 153 per sq ft, according to property consultant … READ FULL STORY
Bengaluru continued to grab the highest share of office space absorption in the January to March quarter of 2018, accounting for 34 per cent of the total leasing volume, followed by the National Capital … READ FULL STORY
Hyderabad continues to remain one of the most affordable residential markets for buyers in both, premium/luxury segment, as well as high-end/mid-end segments, according to a report by CBRE South Asia Pvt Ltd. The report, … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
According to a report by property consultant Cushman & Wakefield, private equity (PE) investments in the realty sector grew by 17 per cent in 2017 to Rs 42,800 crores, as against Rs 36,590 crores … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
According to a study conducted by CBRE south Asia, on leasing activity for prime office space across eight cities, 10 million sq ft was occupied in Q2 2017, registering a 28 per cent growth … READ FULL STORY
Owing to a decline in supply of good quality office space, the net absorption in 2018 is likely to be much lower, as compared to 2017 and 2016, according to a recent survey by … READ FULL STORY
Real estate developer RMZ Corp, has announced a strategic partnership with Hyderabad-based business house, My Home Group, to develop premium commercial office spaces in the city with an investment of over USD 1 billion. … READ FULL STORY
Pune’s low office space vacancy rate of around 6%, is proving to be a serious challenge for companies that are seeking large spaces to establish or expand their operations in the city. Pune is … READ FULL STORY
Let’s start with a basic premise – that job creation leads to greater office space absorption, which in turn leads to housing revival. However, across the country, the recent uptake in office space has … READ FULL STORY
