Elon Musk's Tesla is in talks with major real estate developers for showroom space in New Delhi and Mumbai. The company is looking to rent between 3,000 and 4,000 square feet.
The government has successfully sold 4.8 lakh square feet of commercial space for Rs 1,905 crore in South Delhi, attracting several significant buyers.
Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.
Mumbai and Gurgaon see significant increases in coworking rental prices, with Mumbai rising by 27% and Gurgaon by 19% over the past four years, according to a MyHQ by Anarock report.
A report indicates India needs 2 billion sq ft of healthcare space due to a bed shortage relative to its population. Medical tourism and demographic shifts drive demand.
HDHMR boards offer superior density and moisture resistance, making them ideal for furniture, cabinetry, and high-traffic areas. They are environmentally friendly and provide long-term durability.
The supply of commercial real estate in India's major Tier-1 cities increased by 7% in Q3 2023, reaching 14.61 million square feet. Hyderabad and Bengaluru led the growth.
Marriott Executive Apartments in Hyderabad offers a unique blend of spacious accommodations, diverse amenities, and strategic location for long-term stays and convenient living.
Commercial real estate investment in Noida is surging due to high demand, infrastructure, and connectivity. The city offers various commercial property types including office, retail, industrial, and more.
Gujarat govt. announced 100% property tax exemption for hotels, restaurants, resorts, and water parks for FY2021-22, alongside revoking flat electricity bills, offering substantial relief to the hospitality sector.
Ascendas Property Fund Trustee signs a forward purchase agreement with Casa Grande Group to acquire an industrial plant in Mahindra World City, Chennai.
The co-working sector in India is showing signs of recovery post-pandemic, with calls for government support and recognition to bolster growth.
New Delhi to see over 2.5 million sq. ft. of new commercial real estate in the coming quarters. Redevelopment of New Delhi Railway Station is also underway.
Table Space rents 200,000 sq ft from DLF in Delhi-NCR, marking entry into the market, with plans for further expansion.
HSBC predicts rapid growth in Asia's Real Estate Investment Trusts (REITs) over the next few years, driven by investor demand for safer, income-generating assets.
Hyderabad emerges as new investment hub for commercial property developers from Bengaluru, amidst city's real estate revival
Rajasthan's UDH approves first online building plans for commercial projects in Jaipur, marking a shift towards digitization and transparency.
Delhi-NCR's office space consumption increased by 39% to 2.4 million sq ft in H1 2016, driven by large deals. Overall office space consumption in 8 cities declined by 18%.
Noida Authority is auctioning commercial plots ranging from 6,046 to 64,500 sq meters on a 90-year lease. The auction, scheduled for July 11, 2017, aims to boost the real estate sector with attractive land rates.
Riddhi Siddhi group purchases 69,000 sq ft land in Bopal for Rs 268 crore, marking one of the year's largest real estate deals. The land, previously owned by Inductotherm India, is situated in a prime area connecting SP Ring Road and Ghuma.
Connaught Place in Delhi slips to the 7th most expensive office market globally, according to CBRE. Hong Kong retains the top spot in the rankings.
In 2016, Bengaluru faced a 28% deficiency in office space supply despite high demand from the IT sector and e-commerce companies. CBRE predicts a shorter supply for the year.
Bhubaneswar will soon host a World Trade Center, enhancing its smart city project with significant commercial and hotel developments in the area.
Bangalore real estate market tops private equity investment, receiving Rs 1,990 crore in the first three quarters of 2013. Other cities such as Pune and NCR also witness significant growth.
PE investments in Indian office spaces doubled in the first three quarters of 2013, despite a slow realty market. Bangalore attracted the most investments, while housing saw a decline.
