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  • Global alternative legal service provider DWF Mindcrest leases 2.8 lakh sq ft office space in Pune Oct 22, 2020 07:27 PM IST

    Global alternative legal service provider DWF Mindcrest leases 2.8 lakh sq ft office space in Pune

    The deal valued at around Rs 125 crore is the first large transaction in Pune during the lockdown.

  • Embassy REIT to buy property maintenance business from group affiliate in Rs 474 crore deal Oct 22, 2020 02:04 PM IST

    Embassy REIT to buy property maintenance business from group affiliate in Rs 474 crore deal

    The acquisition cost of Rs 474 crore is to be funded through coupon-bearing debt at the REIT level. Acquisition consideration is at 8.5 percent discount to the average of two independent valuation reports.

  • Future Sentiment Score for housing sector in Q3 2020 in optimistic zone at 52 points, up from 41 in the previous quarter Oct 22, 2020 01:39 PM IST

    Future Sentiment Score for housing sector in Q3 2020 in optimistic zone at 52 points, up from 41 in the previous quarter

    Low home loan rates and discounts have pushed sales velocity and this has helped perk up sentiment, says the 26th Knight Frank - FICCI - NAREDCO Real Estate Sentiment Index Q3 2020 Survey

  • DLF inks anchor deal with Standard Chartered GBS for office space at DLF Township, Chennai Oct 21, 2020 05:06 PM IST

    DLF inks anchor deal with Standard Chartered GBS for office space at DLF Township, Chennai

    Pre-leases 7.7 lakh sq ft office space; The realtor is developing the Taramani project with a total investment of Rs 5,000 crore

  • Commercial gross leasing activity touches 14.7 msf in Q3 2020: Report Oct 14, 2020 04:59 PM IST

    Commercial gross leasing activity touches 14.7 msf in Q3 2020: Report

    Hyderabad and Bengaluru continue to remain active commercial markets accounting for 23.7% and 22.9% share in pan India leasing activity

  • Commercial office absorption at 6.5 msf in Q3 2020: Colliers Oct 12, 2020 01:23 PM IST

    Commercial office absorption at 6.5 msf in Q3 2020: Colliers

    Between January-September, Bengaluru accounted for 30 percent of the total gross absorption, followed by Delhi-NCR and Hyderabad with about 17 percent share each.

  • Despite COVID-19 pandemic 17.38 mn sq ft of commercial space taken up between April to September 2020 Oct 09, 2020 01:24 PM IST

    Despite COVID-19 pandemic 17.38 mn sq ft of commercial space taken up between April to September 2020

    IT/ITeS sector takes up lion’s share of 7.72 mn sq ft; Bengaluru tops leasing activity

  • Office transactions across prime cities witness growth recovery: Knight Frank India Oct 08, 2020 12:06 PM IST

    Office transactions across prime cities witness growth recovery: Knight Frank India

    New office completion recovers by 126% in Q3 2020; Four of the top eight markets witness stable or positive rent growth

  • COVID-19 impact: Work-from-home forcing occupiers to set up multiple offices across cities Oct 06, 2020 02:02 PM IST

    COVID-19 impact: Work-from-home forcing occupiers to set up multiple offices across cities

    Given the restrictions on the number of people in an office, tenants are evaluating alternate micro-markets and if WFH extends beyond 2021, then tier-2 and 3 markets may see demand for flexible office spaces go up

  • Office absorption up 64% in third quarter, new completions increase 59%: JLL report Oct 05, 2020 04:39 PM IST

    Office absorption up 64% in third quarter, new completions increase 59%: JLL report

    Bengaluru and Hyderabad account for 80% net absorption in Q3, also witness maximum growth in new completions. With stable rental values and low vacancy levels, the office market in India continues to be favourable to landlords.

  • Despite COVID-19 more developers preparing for a REIT listing Oct 02, 2020 12:16 PM IST

    Despite COVID-19 more developers preparing for a REIT listing

    The listing of two REITs and now the upcoming third one by Brookfield clearly demonstrates investors’ faith in the commercial office market compared to investing in physical real estate

  • Bhutani Infra to invest Rs 5,000 crore in commercial projects over next three years Sep 24, 2020 06:48 PM IST

    Bhutani Infra to invest Rs 5,000 crore in commercial projects over next three years

    The company also has plans to expand into luxury retail as well as high-end residential segments.

  • Will Film City project near Jewar boost real estate markets in Noida, Greater Noida and Yamuna Expressway? Sep 23, 2020 12:34 PM IST

    Will Film City project near Jewar boost real estate markets in Noida, Greater Noida and Yamuna Expressway?

    While it will revive the cities’ fortunes, the real benefits in terms of price appreciation and increased infrastructure activity will only be witnessed once construction gets underway; commercial and luxury housing may receive a boost

  • Private equity inflows into Indian real estate plunge 85% to Rs 65 billion, says Colliers International Sep 17, 2020 02:35 PM IST

    Private equity inflows into Indian real estate plunge 85% to Rs 65 billion, says Colliers International

    The commercial office segment in India attracted investment inflows of Rs 5 billion during 2020, accounting for a 24 percent share in the total investment.

  • Are corporate tenants reworking office space strategy to beat pandemic woes? Sep 17, 2020 11:37 AM IST

    Are corporate tenants reworking office space strategy to beat pandemic woes?

    Many corporate tenants have put plans to lease additional space on hold. Some have opted to give up part of their office space to save real estate costs

  • India’s strata office market is valued at 2.26 lakh crore: Report Sep 08, 2020 06:52 PM IST

    India’s strata office market is valued at 2.26 lakh crore: Report

    The Delhi-NCR strata office market is worth Rs 25,450 crore. The city has around 23 mn sq. ft. of strata office market with 54 percent in under construction projects.

  • India offers $30 billion strata office space investment opportunity for family offices, HNIs: report Sep 02, 2020 04:23 PM IST

    India offers $30 billion strata office space investment opportunity for family offices, HNIs: report

    The country's strata office market offers around 180 million sq ft investment opportunity; Mumbai Metropolitan Region has the highest leased space of 49 million sq ft for investments.

  • COVID-19 impact: Office leasing down by 60% in H1 2020 Sep 01, 2020 12:15 PM IST

    COVID-19 impact: Office leasing down by 60% in H1 2020

    Office leasing in NCR stood at 1.8 mn sq. ft. in the H1 2020, recording a Y-o-Y decline of 70 percent. Only 0.3 mn sq.ft. of fresh office space supply was witnessed in H1 2020, the report said.

  • Consolidation to be the new normal for the real estate sector post COVID-19 Aug 26, 2020 03:25 PM IST

    Consolidation to be the new normal for the real estate sector post COVID-19

    Not all real estate firms will be able to weather the storm leading to large scale consolidation. It would first hit smaller towns and gradually shift to metros

  • COVID-19 turnaround: Commercial space take-up clocks 16 million sq ft in January-June Aug 21, 2020 11:08 AM IST

    COVID-19 turnaround: Commercial space take-up clocks 16 million sq ft in January-June

    The annual commercial leasing in 2020 is expected to clock 24-25 million sq ft across major Indian metro cities which is 30 percent higher than the global financial crisis, a report has said

  • IBREL-Embassy Group merger shows consolidation is inevitable in realty sector Aug 20, 2020 04:25 PM IST

    IBREL-Embassy Group merger shows consolidation is inevitable in realty sector

    The consolidation-led evolution would lead to the emergence of well-governed, adequately capitalised, corporate developers who have a multi-city presence.

  • RLDA invites online bids for developing railway land at Howrah Aug 13, 2020 11:20 PM IST

    RLDA invites online bids for developing railway land at Howrah

    The 89,032 sq. m site is suitable for the development of riverfront luxury tourism and water sports hub.

  • Mindspace Business Parks REIT listing affirms appetite for more launches in the Indian market Aug 08, 2020 10:45 AM IST

    Mindspace Business Parks REIT listing affirms appetite for more launches in the Indian market

    Considering the bumper response, more players may be encouraged to come forward. There may be one more REIT launched by the end of the financial year, say real estate experts

  • COVID-19 impact | No services for 4 months, Delhi Metro suffers Rs 1,000 crore revenue loss Jul 28, 2020 11:11 AM IST

    COVID-19 impact | No services for 4 months, Delhi Metro suffers Rs 1,000 crore revenue loss

    DMRC’s tenants’ businesses, including retail and commercial properties, too, have been hit. Tenants are asking for rent payments to be deferred

  • NRI’s guide to investing in commercial real estate Jul 24, 2020 04:30 PM IST

    NRI’s guide to investing in commercial real estate

    In situations such as the COVID-19 pandemic, NRI investors can increase their yield further by making use of the depreciation in the rupee/dollar exchange rate

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