News articles tagged IT Sector

Bengaluru Real Estate Prices Maintain Steady Surge Amid Market Uncertainty

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 Commercial Real Estate Absorption Jumps 22% Year-On-Year in Q1 2025

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 Luxury Real Estate Boom: Sales Skyrocket 106% in Q1 2025

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 Emerging IT Hub: Tech Parks Fuel Commercial Real Estate Boom

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.

Commercial Real Estate in Gandhinagar Boom: 15% Growth in Q1 2025 Driven by IT and Financial Sectors

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.

Jalandhar Cantt’s 50-Acre Tech Park Nears Completion

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.

Microsoft's New Noida Campus: UP CM Lays Foundation for Major Tech Expansion in Sector 145

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 Boasts 12% Commercial Real Estate Growth Amid IT Expansion

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 Market Thrives Amid IT Growth and Suburban Development in 2025

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.

Brigade TechPark in Whitefield Achieves Full Occupancy: Post-Pandemic Commercial Real Estate Recovery

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.

Why Greater Noida’s Tech Park in Knowledge Park V Is A Magnet For Global IT Firms

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.

The Bengaluru lease for the Bagmane property is renewed, and Samsung R&D Institute pays more than Rs 50 crore in rent each year

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.

According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.

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.

Examining the Patterns and Forecasts of Bengaluru’s Real Estate Renaissance

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.

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.

Bangalore the new investment center

Bangalore is emerging as a new investment hub, fueled by the IT and BPO sectors, transforming into a self-sufficient city with growth potential.

Office Space Demand to Revive, A/C Firms Boosted

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.

SEZ Policies to Boost Real Estate and IT

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 to Increase in 2013: DTZ

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 realty hit by weak office space absorption

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.

Indian Realty Sees Private Equity Firms’ Faded Zeal

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 Turns Better Home Destination

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 Emerges As The Most Affordable Realty Market

Hyderabad sees rising affordable housing sales, becoming a top affordable market in India. New projects and infrastructure boost this demand, attracting buyers and investors.

Bangalore Sees Lower Office Space Absorption as IT Demand Falls

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.

ORR Bangalore Offers Better Odds To Comm. Real Estate

Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.