Howrah's commercial real estate market is booming in 2025 with record office space demand, driven by infrastructure upgrades and competitive rental rates compared to Kolkata. Improved connectivity and industrial investments are reshaping West Bengal's economic hub.
Bangalore's top-end villa rentals have dropped by 25-30% due to a surge in new projects and the decline in expat relocations, affecting demand significantly.
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.
Indian real estate anticipates recovery from a slow 2012, fueled by retail FDI policy. Increased demand for retail spaces is expected to drive construction and boost commercial real estate.
Air India's plan to lease vacant floors in its Nariman Point headquarters faces challenges due to tough market conditions, but the Civil Aviation Minister remains confident. The plan aims to raise funds by leasing or selling properties in Delhi and Mumbai.
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.
Office rentals in Gurgaon have skyrocketed, pushing companies to relocate to other cities like Delhi and seek furnished spaces at more affordable rates.
Office rentals in Gurgaon declined by 8% in Q2 2008 due to increased supply and reduced demand. The report highlights preferred locations like MG Road, Golf Course Road, and DLF Cyber City. Noida remains an attractive option for IT/ITeS companies.
Mumbai's industrial property rents surged dramatically last year, nearly doubling and ranking among the fastest increases worldwide, according to an international report.