News articles tagged Vacancy Rates

Commercial real estate increased by 7% in India’s main Tier-1 cities.

The supply of commercial real estate in India's major Tier-1 cities increased by 7% in Q3 2023, reaching 14.61 million square feet. Hyderabad and Bengaluru led the growth.

54 pc of Mumbai malls vacant

Over half of Mumbai's 40 malls struggle with low footfalls and high vacancy rates, impacting retailers and highlighting design flaws and brand inadequacy.

Supply of office dips sharply in Q2

Office space availability in India's top cities plummeted by over 75% in Q2 due to high vacancy rates and weak commitments in ongoing projects, marking the lowest supply in recent quarters.

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.

BKC and its Past, Present & Future

Bandra Kurla Complex (BKC) is experiencing growth in office space with an expected 2.5 million sq ft addition. Leasing and buying activity has increased and the rent correction appears stabilized.

Decline in Office and Commercial Space Demand in Mumbai

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.

Report on Commercial Rental Market

A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.

SEZ growth may follow down track

The Satyam scandal may negatively impact India’s real estate sector, with significant concerns centered on commercial and residential space vacancies amid IT industry challenges.

Developers Unable to meet Retail Space Target

Retail space development in India lagged by 54% in 2008, with only 34 of 74 planned malls delivered. High vacancy rates and economic slowdown contributed to developers deferring projects.

Asia Pacific realty market rolling under slump

Global economic turmoil impacts Asia Pacific property market with rising vacancy rates and declining office space leasing.

Terrorism's Impact On Real Estate

Terrorist attacks tragically impact human life and the economy, including real estate. This article examines the potential effects on India's real estate market, referencing global trends after 9/11.

Realty bites tech hubs in Bangalore, Chennai.

Vacancy rates are rising in Bangalore and Chennai's tech hubs as IT companies seek new locations, causing concern for real estate developers.