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India Office Leasing Surges as GCCs and Flex Spaces Dominate

Indian office property net absorption is rising due to global capability centres (GCCs) and flexible spaces. India's status as a business centre is strengthened by global and local firms' rapid development.

By Admin

  • 7th Oct 2024
  • 1175 Views
Indian Warehouse Leasing Rises in 2024 With 8% YOY Growth

The Indian warehouse leasing market grew 8% in H1 2024. With Mumbai and Pune leading absorption rates, the industry has grown and faced hurdles. Ghar.tv offers 6 tips for understanding 2024 Indian warehouse leasing trends:

By Admin

  • 11th Sep 2024
  • 1166 Views
Warehousing and Logistics Absorption Grows by 8 per cent in H1 2024, Boosted by USD 1 Billion plus Investment Surge

In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.

By Admin

  • 31st Aug 2024
  • 1199 Views
Office Leasing in Top 6 Indian Cities Surges by 19% in H1 2024

Office space leasing in India's top six cities rose 19% to 29.4 million square feet in the first half of 2024. Mumbai and Hyderabad quadrupled office space absorption, with Bengaluru leading at 8.8 million sq ft.

By Admin

  • 27th Jun 2024
  • 1224 Views
Blackstone Close to Major Acquisition of Adani Realty Premier BKC Office Tower

The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.

By Admin

  • 8th May 2024
  • 1318 Views
Banking Sector Capitalizes on Booming Indian Real Estate Market

Bank lending to commercial real estate, including residential projects, rose 23% last fiscal year excluding the HDFC-HDFC Bank merger. Loans totaled Rs 3.97 lakh crore. Including the merger, growth rose to 38.9%, with Rs 4.48 lakh crore in loans as of March 31.

By Admin

  • 8th May 2024
  • 1311 Views
Shriram Properties Eyes Pune for Expansion

Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.

By Admin

  • 14th Feb 2024
  • 1264 Views
BofA Strikes a Box Office Commercial Office Space Deal in Chennai - DLF Downtown Taramani

Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.

By Admin

  • 27th Dec 2023
  • 1548 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1270 Views
Total Absorption of Office Space in India Crosses 14 Million Sq Ft in April June 2023 as Per Colliers Report

After a cautious first quarter, India's top six cities' office space absorption rose 2 percent to 14.6 million square feetĀ in the second quarter of 2023, up from 14.3 msf in 2022.

By Admin

  • 10th Jul 2023
  • 1332 Views
Indian Warehousing Space Net Absorption to Boom Upto 42.5 mn sqft by 2022 With Demand on The Upswing

Net absorption of warehouse space is expected to reach 42.5 mn sq ft by the end of 2022, according to a forecast by JLL.The total vacancy rate drops significantly to reach 11.4% in H1 2022 as demand rises.

By Admin

  • 30th Aug 2022
  • 1524 Views
With Increase in Flex Leasing Post-Pandemic, Office Net Absorption Totals Almost 12 Million Square Feet in 2022 First Quarter: Jones Lang LaSalle

According to a Jones Lang LaSalle report released in its Office Market Update-Q1, 2022, office net absorption increased by a substantial 113 percent year over year, demonstrating the market's current strength.

By Admin

  • 31st Mar 2022
  • 1437 Views
Office Leasing in India Exceeded 2016-2018 Average Office Leasing Numbers in 2021

This is surely good news for commercial real estate in India. According to prominent real estate companies, office gross absorption in India's top six cities was over 33 million square feet, a 10% increase over 2020.

By Admin

  • 25th Jan 2022
  • 1644 Views
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