commercial

India’s office market leasing crosses 20 million sq ft in first half of 2018 

Leasing activity rose by more than 10 percent; Bengaluru, Delhi-NCR, Hyderabad and Mumbai, accounted for more than 80 percent of the leasing during the first half of 2018

Can Samsung’s Noida plant replicate the Maruti effect in Gurgaon?

The setting up of the new Samsung facility may lead to more anchor tenants and mid-sized companies taking up space in the region but it is unlikely to impact commercial real estate prices in the short term

PE investments in Indian real estate hit Rs 59,100cr in 2017: Knight Frank

A report by Knight Frank says that PE investments in real estate rose from Rs 17,200 crore in 2014 to Rs 59,100 crore, a growth of a whopping 50 percent compounded.

DLF targeting rental portfolio of 40 mn sq ft by 2022

Real estate major looking at a 15.2 percent per annum from both existing portfolio and new construction

Co-working demand set to triple in the next 3 years: Knight Frank India

Expansion plans of major players and the increasing appetite for the co-working format and leading to higher absorption of commercial real estate. 

DDA approves amendments in MPD 2021: Five things you must know

DDA approving amendments to Master Plan 2021 is not enough. All civic agencies need to come on board and revise the layout plans of colonies taking into account details of the current population and their civic requirements

NCR accounts for 20% market share of annual commercial leasing volumes

While Gurugram is expected to remain the dominating office market in NCR, Noida is likely to be transformed into an affordable commercial hub

PM Modi inaugurates 10th smart city centre in Naya Raipur

The Centre will control and monitor online water and power supply, sanitation, traffic movement, integrated building management, city connectivity and Internet infrastructure (data centre), under one roof

Easy on pocket co-working spaces becoming hot sell amongst millennials

Millennials drive demand for flexible workspaces that are seen as places for collaboration, networking and innovation

Light at end of the tunnel for property developers shines on affordable housing

Besides affordable housing; co-working and warehousing spaces are expected to be major investment opportunities in the real estate market in India. Warehousing business is expected to attract over $ 5-6 billion from foreign investors over the next 2-3 years

NRIs now prefer investing in commercial real estate over residential

Mumbai, NCR, Bengaluru, Hyderabad, Chennai and Pune are the hottest cities for investments in Grade A offices, co-working office spaces and IT parks.

Sembcorp and Ascendas-Singbridge formalise agreements to develop Amaravati city

Amaravati city is a greenfield development and the project includes infrastructure development to prepare the site for a mix of business, commercial and residential activities.

Anarock launches Anarock Retail to tap into India’s $700 billion retail market

Partners with Faithlane PC to create India's most focused retail advisory firm

Uttar Pradesh to spend Rs 4000 crore towards land acquisition for Jewar airport

Out of Rs 4000 crore, Rs 1500 crore will be made available by budget allocated to state civil aviation department, while another Rs 1500 crore will be provided by Noida. Greater Noida Authority and Yamuna Expressway Industrial Development Authority will contribute the rest.

New Ascendas-Singbridge programme to invest in logistics and industrial facilities in India

To invest in projects in hubs in Mumbai, National Capital Region, Pune, Chennai, Bengaluru and Ahmedabad

Workplace design – An essential cog of business strategy

Over the years, companies have transitioned from the cabin culture consuming almost 160-175 sq ft per person, to partly open offices

Delhi Metro's Magenta Line to open on May 29: Here's a preview of the much-awaited route

Here's an early look into Delhi Metro's Magenta Line that will be inaugurated today by Housing and Urban Affairs minister Hardeep S Puri and Delhi CM Arvind Kejriwal. It will be open for public from May 29.

WeWork launches co-working spaces in Mumbai and Bengaluru

With the launch, WeWork’s presence now expands to eight locations in India

Ascendas to acquire 1.4 million sq ft in Aurum Platz IT Park for Rs 930 crore

Aurum Platz IT Park is a 5 million square feet mixed-use development in Navi Mumbai branded as Q PARC. It is located on Thane-Belapur Road

Hardeep Puri at Smart Cities CEO conference: More cities getting into mission mode

Smartworks expands in Bengaluru, totalling its overall size to 1 million sq ft

With the launch, the total number of centers by the company total up to 15 across nine cities

Absorption of 11.4 million sq ft of office space recorded in Q1 2018

Flexible workspace operators gain momentum in 2018, accounting for 13% of pan-India leasing volume: Colliers Research

NBCC secures Rs 20 billion order to build convention centres in African nations

This is an initiative of the ministry of external affairs, Government of India

Industrial and warehousing leasing to touch 20 million sq ft in 2018: Report

Office stock to cross 600 million sq ft; Ready-to-move-in properties to lead residential demand

Positive outlook for affordable housing, Grade A commercial real estate: Report

Sustained demand in commercial office segment in anticipation for the launch of REITs expected to increase investor’s appetite for commercial assets in 2018