Office Market

Valued at about $17 million over the tenure of the lease, it is spread across two floors of the 7,00,000 sq ft building; the company has the option to take on an additional 56,000 sq ft.

Delhi-NCR 10th most expensive office market in Asia Pacific

Hong Kong SAR is the most expensive office market in APAC with an annual rent of USD 175.4 per sq ft. Mumbai was at 11th position with an annual rent of USD 45.8 per square feet, while Bengaluru ranked 22th in the list of 23 cities commanding an annual rent of USD 20.5 per square feet.

Return to office, large scale hiring to drive office space demand in 2022: TATA Realty

"Hiring on a large scale basis is happening already. Many sectors are bouncing back. We think there is no threat rather the opportunities are even better," TATA Realty and Infrastructure MD and CEO Sanjay Dutt said.

Case for capex in office property is getting stronger

With return to office being the new mantra, several factors are coming together to drive capital expenditure in creating fresh office premises over the next three years

Office market net absorption up 48% in third quarter of 2021: JLL

Delhi NCR, Mumbai, and Pune contributed to 62 percent of the gross leasing volumes recorded in Q3; New completions in Q3 2021 were recorded at 10.9 million sq ft.

Second wave casts a shadow on towering office realty market

The office leasing market had been hit hard by COVID-19, and the second wave is set to prolong the suffering 

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.

India's office market absorption touches 22 mn sq ft in H1 2019: report

Bengaluru dominated the top rank with 30% share of the net absorption. Hyderabad followed with 27 percent share, seeing the biggest jump

Connaught Place third most expensive office district among top 20 APAC markets

Mumbai’s Bandra Kurla Complex was the 5th most costly office conclave in terms of the gross effective rents it commands, jumping two places from Q4 2016.

Bengaluru contributes to 37% of total office absorption: Colliers Research

On the back of a recovering economy, India‘s office market is likely to remain firm in the coming quarters. The gross office take-up in India amounted to 9.3 million sq ft (8,63,998 sq m). &#82

Realistic pricing key to market revival in 2017: Colliers International’s India Property Outlook

Residential real estate sector In 2016, about 89,000 residential units were launched across the six major cities in India, which is 34% less than the units launched in 2015. Out of the total new &#82

Office market to stay strong despite falling growth numbers: Colliers report

The policy changes that the government is implementing, should help improve business confidence in India and result in robust office leasing demand in the coming years. Occupiers looking for large, quality spaces, should consider &#82

Over 37.2 mn sqft office space transactions likely in 2016

A positive economy coupled with stronger job growth prospects and limited and targeted construction activity are expected to translate into over 37.2 million sqft of office space lease transaction in eight major cities of the country in 2016, a survey says.

Prime Property Inside Hyderabad

Ever since the bifurcation of Andhra Pradesh over a year back, not only has Hyderabad got back its mojo but it has also edged out Bengaluru to grab big deals in the city's office market. Hyderabad is the new darling of India Inc and MNCs & India's best performing city when it comes to commercial real estate. Prime Property goes to Hyderabad.

Kolkata‘s office market witnesses moderate activity

Kolkata office market witnessed moderate activity as transactions which were going on for a long time concluded during June. Retail activity in the malls of the city continued to remain sluggish. As a result, vacancy levels remained unchanged in the organised retail stocks of the city.