Mohali's IT City Project attracts major tech firms like Infosys and Tech Mahindra, driving demand for residential and commercial real estate to support industry expansion.
Gurgaon's commercial real estate sector rebounded strongly in 2024, with office absorption reaching a 5-year peak driven by IT/ITeS demand, fintech growth, and e-commerce expansion.
Office space availability in India's top cities plummeted by over 75% in Q2 due to high vacancy rates and weak commitments in ongoing projects, marking the lowest supply in recent quarters.
Cadbury India to sell Mumbai HQ for Rs.450 Cr, citing need for better facilities