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.
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.
Pune's office space demand remains largely stable, driven by IT and ITES sectors. Experts anticipate absorption to reach 4 million sq. ft. by year-end, with CBD areas seeing rental increases.
Despite a slowdown in GDP, office space absorption in India remained consistent in 2011-12. However, the outlook for 2012-13 appears challenging for developers.
Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.
Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.
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Pune's rental costs for software companies have surged, raising concerns about its cost advantage in attracting investment as noted by industry leaders.
Pune's property market is thriving with increased investments in residential and commercial developments, notably by Milestone Capital, focusing on affordable housing and prime locations.
Bangalore's rental market is booming due to increased urbanization and IT sector growth. Professionals and students are driving demand, while high property prices make renting more affordable. Real estate consultants assist newcomers in finding suitable housing.