Hurun India and Grohe hosted the inaugural India Real Estate Excellence Awards 2025 in Gujarat, spotlighting Surat's top developers. Innovative residential, commercial, and mixed-use projects earned accolades, showcasing the city's booming skyline and sustainable urban growth.
Ahmedabad's office market showed impressive growth in Q2 2025, recording 161,000 square feet in gross leasing, dominated by GIFT City at 70%. The city added 0.8 million SF of new space, with net absorption hitting 3 million SF over the past year, dropping vacancy rates to 26%. Engineering & manufacturing and IT-BPM sectors each claimed 24% of leasing activity, signaling strong economic momentum.