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  • Net absorption of office space to remain stable at 20 million square feet in 2021: Colliers Feb 25, 2021 04:19 PM IST

    Net absorption of office space to remain stable at 20 million square feet in 2021: Colliers

    With new demand likely remaining slow in H1, Grade A office rents may decline in 2021, with overall rents dropping by 3.7% this year and showing improvements from 2023 onwards, the report by Colliers said

  • Punjab-based realty developer Sushma Group to invest Rs 450 crore in four projects Feb 23, 2021 08:01 PM IST

    Punjab-based realty developer Sushma Group to invest Rs 450 crore in four projects

    The group has so far delivered 14 projects with a total area of 3.6 million sqft.

  • With deals worth over $3,100 million, office space segment leads real estate investments in 2020: JLL Feb 22, 2021 05:07 PM IST

    With deals worth over $3,100 million, office space segment leads real estate investments in 2020: JLL

    Average annual net absorption is likely to grow to 30 mn sq. ft by 2021; REITs expected to provide opportunities for institutional investors; flex space market expected to reach nearly 39 mn sq. ft in 2021

  • TEC invests over Rs 40 crore on two new serviced collaborative office space centres in Pune and Bengaluru Feb 17, 2021 06:17 PM IST

    TEC invests over Rs 40 crore on two new serviced collaborative office space centres in Pune and Bengaluru

    With the new additions, the company has over 33 centres spread across the country with the total area touching 1 million sq ft

  • Design, density and disaster management to define the new ‘conscious workplace’ Feb 11, 2021 12:15 PM IST

    Design, density and disaster management to define the new ‘conscious workplace’

    Despite a prolonged work from home, workplaces when they reopen will have to re-imagined as social hubs and redesigned work areas will be required to provide infrastructure for collaboration among split teams of remote and on-site staff

  • Max Estates leases 80,000 sq ft office space at Noida Max Towers to Cyril Amarchand Mangaldas Feb 10, 2021 10:39 AM IST

    Max Estates leases 80,000 sq ft office space at Noida Max Towers to Cyril Amarchand Mangaldas

    The company recently leased 62,500 sq ft to Yes Bank and 7,300 sq ft to DBS. The latest deal takes the total leased area at Max Towers to nearly 90 percent of the total around 5.3 lakh sq ft

  • Tata Realty gets Well Health Safety rating for operational portfolio of commercial campuses in Mumbai, Chennai and Gurgaon Feb 03, 2021 02:33 PM IST

    Tata Realty gets Well Health Safety rating for operational portfolio of commercial campuses in Mumbai, Chennai and Gurgaon

    WELL Health-Safety Rating can help guide users in preparing their spaces for re-entry in the wake of the COVID-19 pandemic

  • Brookfield India’s REIT IPO allays fears of disruption in office space market due to work-from-home culture Jan 30, 2021 03:26 PM IST

    Brookfield India’s REIT IPO allays fears of disruption in office space market due to work-from-home culture

    It also strengthens India’s story of attracting global institutional capital for commercial real estate.

  • Mumbai’s commercial net absorption up 241% in Q4 2020 vs Q3: JLL Jan 29, 2021 01:54 PM IST

    Mumbai’s commercial net absorption up 241% in Q4 2020 vs Q3: JLL

    Leasing activity during the quarter was driven by occupiers from BFSI, consulting, IT/ITeS and manufacturing/industrial sectors

  • Commercial office sector accounted for 46% of total inflows in 2020: Colliers Research Jan 29, 2021 12:34 PM IST

    Commercial office sector accounted for 46% of total inflows in 2020: Colliers Research

    Last mile funding is gaining ground with investors plugging the gaps to complete constructions, especially in the residential sector. Office sector continues to be favoured by investors despite the emphasis on work from home

  • Real estate sentiment scores at a year-high in Q4 2020; 2021 outlook optimistic: Sentiment Index Jan 27, 2021 11:50 AM IST

    Real estate sentiment scores at a year-high in Q4 2020; 2021 outlook optimistic: Sentiment Index

    Geographically, the western part of the country saw the sharpest jump in future sentiment index.  This zone’s Future Sentiment jumped to 66 in Q4 2020 from 47 in Q3 2020

  • Commercial space absorption in 2020 declined by over 50% compared to 2019: Report Jan 13, 2021 05:02 PM IST

    Commercial space absorption in 2020 declined by over 50% compared to 2019: Report

    There is a gradual recovery in leasing activity and it is expected to get better by the first half of 2021 on the back of vaccine roll out and healthy office space demand.

  • DLF and Hines commence construction of second commercial project in Gurgaon Jan 13, 2021 04:03 PM IST

    DLF and Hines commence construction of second commercial project in Gurgaon

    Hines and DLF formed a joint venture in 2019 to develop an office complex in Phase -V, Udyog Vihar, NH - 48, Gurugram.

  • 2021 to witness emergence of conscious commercial real estate space Jan 07, 2021 02:20 PM IST

    2021 to witness emergence of conscious commercial real estate space

    In 2021, net absorption of commercial space is likely to hover around 32-35 mn sq ft. This will be at par with the annual net absorption levels seen during 2016-2018

  • Commercial office gross absorption down 41%: Colliers Research Jan 04, 2021 12:06 PM IST

    Commercial office gross absorption down 41%: Colliers Research

    The southern cities accounted for 63 percent of the total gross absorption during the year. Bengaluru led leasing activity in the country, but also witnessed the least disruption to demand in 2020 from the pandemic

  • Real estate, infrastructure sectors in 2021: The road ahead Jan 04, 2021 10:56 AM IST

    Real estate, infrastructure sectors in 2021: The road ahead

    The overall trend for residential real estate remains subdued and the sustainability of this demand will depend on the ensuing economic and employment scenario where the silver lining is that the worst seems to be over.

  • Bengaluru Office Market: Despite COVID, 10–13 mn sq ft commercial stock to be delivered in 2020 Dec 14, 2020 12:13 PM IST

    Bengaluru Office Market: Despite COVID, 10–13 mn sq ft commercial stock to be delivered in 2020

    As unlocking progresses, construction activity has resumed and office activity has increased over the past months. The upcoming metro lines that are expected to open in the next two-three years will connect the city to its airport and provide better links to the east, benefitting the main office districts

  • COVID-19 put commercial real estate market's resilience to test in 2020 Dec 10, 2020 12:01 PM IST

    COVID-19 put commercial real estate market's resilience to test in 2020

    In 2021, the southern cities such as Bengaluru and Hyderabad are placed comfortably to lead the path to recovery; emerging asset classes, such as student housing, co-living and senior housing are expected to pick up and flexible workspaces may make a strong comeback.

  • Max Estates leases 62,500 sq ft office space at Max Towers in Noida to Yes Bank Dec 03, 2020 02:12 PM IST

    Max Estates leases 62,500 sq ft office space at Max Towers in Noida to Yes Bank

    Other companies that have taken up space at Max Towers includes the premium co-working brand Spaces, owned by International Workplace Group, one of the worlds largest co-working companies.

  • Leasing by co-working operators to rise by 42 percent in 2021: Savills India Dec 01, 2020 01:49 PM IST

    Leasing by co-working operators to rise by 42 percent in 2021: Savills India

    As per the report, over 3,000 co-working centers across the country are likely to offer approximately a million desks by 2022. Leasing activity by the co-working segment is expected to grow by 29 percent during 2015-2022.

  • India's 2021 real estate sector outlook resilient, Bengaluru likely to see surge in office rents Dec 01, 2020 12:57 PM IST

    India's 2021 real estate sector outlook resilient, Bengaluru likely to see surge in office rents

    In a report, Knight Frank says Asia- Pacific prime office rents are likely to decline between -3% and 0% in 2021 but Bengaluru is likely to see a surge in prime rents in 2021. Mumbai and NCR office rentals may remain stable during the period.

  • Office absorption in Pune gains momentum; 1 million sq ft leased from July to October 2020: JLL Nov 24, 2020 12:45 PM IST

    Office absorption in Pune gains momentum; 1 million sq ft leased from July to October 2020: JLL

    While absorption was sluggish in H1 2020 owing to the lockdown, the city witnessed large corporate occupiers renewing their existing office leases during July to October 2020; Leasing led by BFSI and Fintech, GICs, Indian and global technology services firms

  • Fractional ownership of commercial property and REITs: All you need to know Nov 23, 2020 12:26 PM IST

    Fractional ownership of commercial property and REITs: All you need to know

    Fractional model or REIT allows investors to invest in premium commercial properties and earn a monthly rental yield thereby helping build long-term wealth

  • Wholesale trade market launched in Pune Nov 19, 2020 07:49 PM IST

    Wholesale trade market launched in Pune

    Located in Bibvewadi, the trading hub of the city, the market will house 10 lakh products that include food grains, homeware, construction equipment, apparel, accessories, jewellery, healthcare and electronics.

  • CapitaLand secures three green loans in India worth Rs 1700 crore for business park development Nov 18, 2020 07:14 PM IST

    CapitaLand secures three green loans in India worth Rs 1700 crore for business park development

    The three green loans mark CapitaLand’s first foray into sustainable finance in India.

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