News articles tagged CBRE

The Growing Potential of SM REITs in India

India's Small and Medium Real Estate Investment Trusts (SM REITs) market is booming, projected to reach $60 billion by 2026. Key cities like Mumbai and Delhi are driving growth, offering stable returns and attracting investors.

By 2030, Bengaluru will possess 330-340 million square feet of office space in India: report

Bengaluru is projected to remain dominant in the commercial real estate market by 2030, driven by sectors like technology, engineering, manufacturing, and BFSI.

CBRE decodes real estate through the spiritual tourism lens

A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector.

In Jan-March 2024, luxury homes priced above Rs 4 crore saw a 10% year-year increase across the top seven cities

India's luxury housing market saw a 10% YoY sales surge in Q1 2024, with Mumbai leading the demand. Driven by rising incomes and spending power, the segment is poised for continued growth.

Shops, homes, and faith: places of worship ready for a surge in visitors

Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.

Indian luxury house demand is skyrocketing.

India's luxury real estate market is experiencing high demand, with a 24% increase in the average cost of luxury housing units this year. Factors driving this growth include changing consumer behavior, a growing middle class, and the incorporation of smart technology and eco-friendly features in luxury homes.

Connaught Place To Grab 2.5 Million sq ft New Workspace Soon

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.

CBRE Opens new office in Kochi

CBRE India has opened a new office in Kochi, enhancing its capacity to serve clients and support the region’s burgeoning real estate market.

Connaught Place of Delhi is 7th most Expensive Destination

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.

28% fall in Bangalore Property

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.

Slight dip in rental values in Mumbai in Q2

Mumbai's rental values dipped slightly in Q3 2023, with Lower Parel, Thane, and Navi Mumbai seeing the most leasing activity. Key business districts witnessed a decline in commercial leasing.

Foreign retailers likely to postpone India Entry, JLL

According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.

Foreign Retailers To Demand More, CBRE

Foreign retailers are increasingly targeting India for expansion, attracted by rising incomes and a growing population, with Mumbai and Delhi leading as top destinations.

Office space demand trends, Property consultants differ

Global property consultants are presenting conflicting reports on India’s office space demand, creating confusion among industry experts regarding market trends.

Oracle India to lease office space in BKC

Oracle India signs lease for 50,000 sq. ft. office space in Bandra Kurla Complex, Mumbai, at Rs. 340/sq. ft. for 9 years, valued at Rs. 183.6 Cr.

JLL to Raise Rs.1200 Cr Commercial Realty Fund

Jones Lang LaSalle plans to raise Rs.1200 Cr for investment in the commercial realty sector.

Residential Market Will See Price-Correction Soon

India's residential market nearing price correction due to weak home sales, forcing builders to cut prices, reports CBRE, with Mumbai, Chennai, Hyderabad, and Delhi experiencing significant sales drops.

MTNL Plans To Raise Rs.5000 Cr Via Divesting Realty Assets

Mahanagar Telephone Nigam Limited (MTNL) plans to raise Rs.5000 Cr by divesting real estate assets in Delhi and Mumbai, enlisting global consultancy DTZ for support.

Real Estate Builders Express Discontent over RBI Policy

RBI's decision to hold key policy rates steady has disappointed real estate developers, who were hoping for a reduction in borrowing costs. Industry leaders believe this will negatively impact the sector and hinder funding for projects.

39th Position of India in retailer's global favorite places

India Ranks 39th in Global Retailer Preferences, Up 5 Ranks in 2 Years

Best time for a deal in real estate

Now is an ideal time for buyers to seek value real estate deals, especially in suburban areas with affordable home launches.

Slump in retail rentals

New Delhi witnesses a 25% decline in retail rentals. The city ranked 69th globally in Q1 2023 due to decreased consumer spending and rising unemployment.

Fall In Office Rental In Delhi Ncr, Mumbai and Bangalore

Office rental prices in key cities like NCR, Mumbai, and Bangalore are expected to remain stable despite increased supply, according to a recent CBRE report.