India
Mumbai to have nearly 3m sq ft of new prime retail stock over the next four years
Mumbai to have nearly 3m sq ft of new prime retail stock over the next four years
Analysts are optimistic about the city’s retail market.
Mumbai Grade A office net absorption to reach up to 6.5m sq ft this year
And new supply is expected to hit up to 8.5m sq ft.
Over 14,000 luxury homes sold in Delhi in H1 2024
More than 60% was sold in Q2 alone.
Bengaluru office rents to grow by up to 4.5% by year-end
Supply is expected to reach 15 million sq ft this year.
Delhi net office absorption hits a record 4.68m sq ft in H1 2024
Net absorption in Q2 alone was at 2.41m sq ft.
India real estate investment inflows hit a record USD3.9b in H1 2024
Thanks to strong inflows from Q2, which grew by 39% to USD2.8b.
Bengaluru gross office leasing volume soars by 83% to 5.5m sq ft in Q2
This caused net absorption to see a 4.5x jump from the previous year.
Mumbai office supply hits highest quarterly level in almost three years
There was a total of 2.64m sq ft of new supply added in Q2 2024.
Delhi gross office leasing volume declines 16% to 3.01m sq ft in Q2
Fresh space takeup accounted for 77% of the transactions.
Bengaluru residential launches jump 23% to 10,000 units in Q2
Total launches reached nearly 19,000 as of H1 2024.
Delhi records highest quarterly residential supply in Q2
There were 10,070 units during the quarter.
Mumbai Q2 residential launches drop 10% to 17,514 units
Over half of the launches were from the eastern and western suburban submarkets.
Delhi industrial vacancy rates to hover around 15% over the next four years
The total warehouse stock is set to reach 98 million sq ft this year.
Mumbai prime residential launches soar by 60% to nearly 8,000 units in Q1
Over 30% of the launches were in Western Suburbs II.
Delhi high-end residential sales hit a record 5,109 units in Q1
A majority of the units were sold in Gurgaon.
Mumbai slated to welcome nearly 3m sq ft of retail supply until 2028
A slew of premium malls are expected to become operational in the next four years.
Delhi retail net absorption hits 0.1m sq ft in Q1
Thanks to strong leasing demand from the suburbs.
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