Kozhikode's Cyber Park's ongoing expansion has triggered a 30% rise in office space absorption, driven by IT/ITES sector growth, positioning it as emerging tech hub with enhanced infrastructure and employment opportunities.
Bengaluru's real estate prices continue rising despite market concerns, with areas like JP Nagar seeing values double since 2016. Sustained tech demand and limited land drive growth, defying expectations of a market correction.
Pune's commercial real estate market witnessed a robust 22% year-on-year rise in office space absorption in Q1 2025, driven by IT/ITeS, manufacturing, and co-working sectors.
Pune's luxury housing market witnesses unprecedented growth with 106% surge in Q1 2025 sales (₹3 crore+ properties), driven by IT sector expansion, HNI population, and infrastructure upgrades. Transaction volumes hit record highs as the city solidifies its position as a prime luxury destination.
Bhubaneswar's growing IT sector, driven by new tech parks and infrastructure developments, is causing a surge in commercial real estate demand. Multinational companies' entry and government land allocation initiatives are revitalizing property markets, with strategic projects reshaping the city's economic landscape.
Gandhinagar's commercial real estate reported 15% growth in Q1 2025, driven by IT/financial sector expansion in GIFT City, signaling strong demand for office and retail spaces.
A major infrastructure boost for Jalandhar’s IT sector: The upcoming 50-acre tech park near Cantt Area is expected to drive commercial real estate demand, slated for opening September 2025. Developers anticipate increased demand for office spaces, coworking hubs, and mixed-use developments in surrounding regions. Focus shifts to infrastructure readiness and smart city alignments.
UP CM Yogi Adityanath inaugurates Microsoft's ₹1.1 million sq ft campus in Noida Sector 145, driving real estate growth and IT sector boom. Other IT projects in Sector 132 and infrastructure upgrades unveiled.
Thrissur's East Fort commercial real estate sector shows 12% annual growth driven by IT firms and startups, with office rentals averaging ₹40-₹60/sq ft. Improved infrastructure and strategic location attract businesses, signaling robust investment opportunities in Kerala’s emerging tech hub.
Coimbatore’s real estate sector continues to thrive in 2025, driven by IT influence, surging rental demand, and suburban development near highways, with Saravanampatti and Kalapatti emerging as prime locations.
Whitefield's Brigade TechPark reaches 100% occupancy, signaling strong post-pandemic growth in Bengaluru's commercial real estate sector with rising demand for office spaces.
Explore how Greater Noida’s emerging Tech Park in Knowledge Park V is driving commercial real estate growth by attracting Fortune 500 IT firms through state-of-the-art infrastructure and strategic location.
Samsung R&D Institute India has renewed its five-year lease for a 4.2 lakh square foot space in Bagmane Goldstone with a monthly rent of Rs 4.3 crore.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.
Bengaluru's housing sales surged by 29% in 2023, reaching 63,980 units, driven by its tech hub status, infrastructure growth, IT sector resurgence and government policies.
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.
Bangalore is emerging as a new investment hub, fueled by the IT and BPO sectors, transforming into a self-sufficient city with growth potential.
Weak office space demand has negatively impacted air conditioning manufacturers. A resurgence in demand, driven by IT and ITeS sectors, is expected to boost both the commercial sector and A/C sales.
New SEZ policies are set to significantly impact the real estate and IT sectors by enabling smaller IT parks and mixed-use developments.
Office space demand in India is projected to reach 30.5 million sq. ft. in 2013, a 12% year-over-year increase, driven by improving global economy, increased FDI, and revised repo rates.
Commercial real estate faces challenges due to a decline in office space absorption by IT firms across India's top eight cities. This slowdown impacts both demand and supply.
Private equity investment in Indian real estate and infrastructure witnessed a decline last year, according to a Grant Thornton report. However, there is optimism for increased investment in 2023.
Koramangala in Bangalore is expected to give investors higher returns. Due to limited availability of vacant spaces and high demand, property prices are expected to increase.
Hyderabad sees rising affordable housing sales, becoming a top affordable market in India. New projects and infrastructure boost this demand, attracting buyers and investors.
Office space absorption in Bangalore fell by 24% in 2012 compared to 2011 due to weaker demand from the IT and ITeS sectors, impacted by the global economic slowdown.