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May 26, 2023 06:58 PM IST According to Propstack, the total monthly rent will come to Rs 3.35 crore
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May 16, 2023 04:40 PM IST The company has leased ground plus 16 floors in the building Phoenix Aquila located in Gachibowli
- May 08, 2023 04:10 PM IST
Most of the demand was from enterprises looking for customised flex spaces with a focus on end-to-end amenities and workplace management. As work-from-office accelerates, the flex spaces segment will continue to see healthy demand in large markets, the report said.
- May 05, 2023 04:51 PM IST
However, the future sentiment score has increased from 58 in Q4 CY22 to 61 in Q1 CY23 due to the resilience of India's macroeconomic indicators and rising domestic consumer confidence.
- May 05, 2023 08:10 PM IST
Cognizant Office Space: According to a real estate industry expert, Cognizant giving up 11 million square feet of commercial office space in large cities may not have a huge impact on the commercial market in India.
- May 04, 2023 05:50 PM IST
Cognizant doesn’t expect all employees are going to come back to offices in tier-one cities, and is looking at collaborative spaces in smaller cities.
- May 05, 2023 06:22 AM IST
Cognizant will also give up 11 million sq feet in office space, or 80,000 seats, in large cities in India to help cut costs and boost margins, which are trending in the 15 percent range
- May 03, 2023 06:21 PM IST
It’s the latest in a series of lease agreements signed by Google, which In February leased over 2.9 million sq ft of space in Bengaluru through six separate deals.
- May 01, 2023 07:16 PM IST
The agreement comes with a rent escalation clause of 15 percent every three years.
- April 27, 2023 08:43 PM IST
This space is spread across two floors in an IT part in Kharadi, Pune
- April 24, 2023 03:55 PM IST
On a quarterly basis, though, the absorption rate witnessed a record growth of 16 percent and new supply infusion came in at 13.1 million square feet in Q1 2023, up 23 percent sequentially
- April 24, 2023 01:39 PM IST
Eight Roads Ventures has leased 6,150 sq ft on the 16th floor of Avighna House on Dr Annie Besant Road, Worli, at a starting monthly rent of Rs 561 per sq ft. The agreement includes an escalation clause for rentals at the rate of 9.5 percent every 24 months, documents show
- April 08, 2023 08:03 AM IST
The per sq ft rent works out to around Rs 505, making it the most expensive commercial real estate lease deal so far, real estate experts said. However, the deal is an outlier in terms of commercial rentals, they added
- April 05, 2023 10:35 PM IST
Bangalore, Delhi-NCR and Chennai accounted for 62 percent of the overall transaction activity during the quarter.
- April 04, 2023 08:04 PM IST
This would take the office space footprint to 1.4 million sq ft, the company said
- April 03, 2023 04:03 PM IST
The residential market remained resilient in the face of rising interest rates and prices, while the demand for commercial spaces were driven by the return-to-office transition, among others.
- April 01, 2023 09:34 PM IST
During Q1 2023, new supply across the top six cities declined 34 percent year-on-year at 9.5 million square feet.
- March 31, 2023 04:13 PM IST
The facility is located in Bagmane Tech Park, which already houses several tech companies in the city.
- March 31, 2023 12:43 PM IST
Co-working space is emerging as a preferred option for businesses across industries in the post-pandemic era, given the flexibility and cost-effectiveness it offers.
- March 30, 2023 06:38 PM IST
The net leasing fell to the lowest in six quarters, as per the data by real estate consultant JLL India. Chennai, Hyderabad, Mumbai and Pune saw a decline in demand, while office space absorption rose in Delhi-NCR, Bengaluru and Kolkata.
- March 30, 2023 12:49 PM IST
The tech sector's share of leasing activity has hit a six-quarter low at 22.3 percent due to slow hiring and global challenges, while BFSI and consulting firms have seen q-o-q growth in their respective market shares
- March 24, 2023 05:18 PM IST
In Hyderabad and Pune, about 53 percent of the office space transacted was above 1 lakh square feet or more, while it was 51 percent in Bengaluru.
- March 24, 2023 03:51 PM IST
The office space, spread 9,300 sq ft, has been rented for Rs 500 per sq ft per month. It is loacted at Maker Maxity. Brokers say this deal is an outlier as the average rent for Grade A commercial space in top-end commercial buildings in Bandra-Kurla Complex is in the range of Rs 260-320 per sq ft per month, and Rs 445-475 per sq ft in Maker Maxity.
- March 23, 2023 07:14 PM IST
Six different transactions have been signed by Google India Private Limited and Google Connect Services India where Bagmane Developers is the landlord in five and Table Space in the sixth, documents reveal.
- March 12, 2023 11:02 PM IST
In Hyderabad, the company the has leased ground plus 10 floors spread across an area of 4,87,800 sq ft for a tenure of 60 months.
