India

Mumbai retail rents inch up 0.4% in Q1

Net absorption was at 301,600 sq ft in the same period.

Mumbai prime residential launches up 18.8% to 1,042 units in Q1

South Central Mumbai accounted for 40.4% of all new launches.

New Delhi prime retail net absorption drops 12% in Q1

There were no new malls that opened during the quarter.

Mumbai to see 6m sq ft of new office space this year

There was a total of 2m sq ft of new supply added in Q1 alone.

Mumbai prime residential launches up 18.8% to 1,042 units in Q1

South Central Mumbai was the top contributor to this quarter’s new launches.

New Delhi prime office net absorption down 5% to 1.34m sq ft in Q1

Gurgaon accounted for over half of the net absorption during the quarter.

Why Chennai outperforms its southern counterparts as an office market

Before the pandemic hit, office space demand surged 107% across 2018 and 2019.

Flex space operators’ office leasing demand in India more than doubled in Q1

These operators accounted for 13% of the total leasing volume during the quarter.

India gross office leasing volume slips 9% to 14.7msf in Q1

Fresh leasing and pre-commitments together accounted for 81% of the demand.

India real estate investment volume down 38.4% to USD0.77b in Q1

Nearly 60% of all fund flows were equity investments. 

New Delhi residential launches up 7% to 2,045 units in Q1

Luxury launches accounted for 54% of all the launches.

New Delhi gross office leasing jumps 55% to 3.18msf in Q1

This is the second highest quarterly leasing since the pandemic hit.

3 cities that will propel India’s office property sector this year

These cities are expected to drive strong supply and demand conditions throughout the year.

New Delhi retail net absorption slumps 72% in 4Q21

Blame it on lack of new supply and low vacancy in quality malls.