India
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
Non-IT occupiers accounted for most of the absorption.
Delhi sees 1.41 million sq ft of new office space supply in Q2
Over half of the new supply is in Gurgaon.
How the office market in Bengaluru, India expanded northward
Several office projects are slated for completion in North Bengaluru between 2022-2026.
Mumbai office leasing volume hits 3-year high of 6.39msf in H1
Gross leasing volume was at 2.99msf in Q2 alone.
India’s 3 landmark real estate deals in Q2
The combined value almost reached USD2b.
What were the notable Q2 residential launches in Delhi?
There were 2,534 units launched in the quarter.
Delhi office leasing activity up 7.4% to 3.4msf in Q2
Net absorption also increased 1.2% to 1.3msf during the quarter.
Delhi’s robust retail leasing underpinned by F&B, fashion segments
New leases and store openings totalled 0.24msf in Q2.
Why Delhi NCR’s office sector is attracting more institutional investments
There was a total inflow of USD169 million in 2021.
Demand for luxury apartments in Delhi surges 114% in Q1
A majority of the sales were from Gurgaon.
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.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
