India
Delhi prime residential sales hit all-time high in 2023
Delhi prime residential sales hit all-time high in 2023
Over 15,000 units were sold during the year.
Four new shopping malls to enter Bengaluru’s retail market in 2024
These are equivalent to over 1 million sq ft of space.
Delhi to see nearly 4 million sq ft of new prime retail space this year
A majority of the developments are in the suburbs.
Mumbai office demand hits 12-year high
Leasing demand rose by 83% in the final quarter of 2023.
Bengaluru prime residential sales hit record highs in Q4
Over 3,700 units were sold during the quarter.
Delhi records robust annual office supply of nearly 6m sq ft in 2023
Over 1m sq ft was added in Q4 alone.
Delhi Grade A warehouse vacancy declines to 4.4% in 2023 as demand soars
The vacancy rate was at 6.8% in the previous year.
Bengaluru office leasing volume grows 34% in Q4
Net absorption hit a record high in six quarters.
India property investment soars 66% to USD1.8b in Q4
The office sector dominated investments during the quarter.
Over 1m sq ft of luxury malls to be operational in Mumbai by year-end
Nearly 670,000 sq ft of mall leasing activity was witnessed in 2023.
Mumbai sees record high quarterly office leasing volume in Q4
Gross leasing volume hit over 5msf during the quarter.
Mumbai residential launches down 10% to 16,106 units in Q4
Over a fifth of the launches were from Navi Mumbai and Eastern suburbs.
Delhi total retail leasing volume jumps 30% to 1.5msf in 2023
Quarterly leasing activity in main streets hit record highs in Q4.
Delhi’s 2023 residential launches breach 2022 levels
Launches almost doubled to nearly 19,000 units in 2023.
Delhi gross office leasing volume hits 3.7msf in Q4
This is the highest recorded volume in 2023.
Which submarket drove Delhi’s housing demand in Q3?
More than half of the segment sales came from this market.
Prime residential launches in Bengaluru more than doubled in Q3
Almost all of the launches were in the Whitefield submarket.
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