India
Two suburban shopping malls to open in Bengaluru by end-2024
Two suburban shopping malls to open in Bengaluru by end-2024
These will inject over half a million square feet of new stock to the market.
Luxury residential demand to rise in Bengaluru in the medium term
Prime residential sales surged 1.5x in Q2.
Mumbai prime apartment sales hit record highs
The Navi Mumbai submarket accounted for 22% of the sales in Q2.
Delhi warehouse stock to hit 98m sq ft this year
Grade A projects are expected to drive growth.
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.
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