India

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. 

Around 6.5m sq ft of new Grade A office space expected in Mumbai this year

This is if construction activity is not slowed down by further restrictions.

Delhi NCR to see 9.3m sq ft of new office space in 2022

This supply pipeline will largely be in the Gurgaon and Noida submarkets.

Will metaverse real estate take off in India?

High tax rates might deter investments in crypto assets in real estate.

India’s office supply to grow by 30-35% this year

Meanwhile, gross leasing is expected to grow 15-20% y-o-y. 

Fresh leasing dominates India’s office market in Q4 2021

It surged 77% to 12.2 million square feet during the quarter.

Mumbai industrial leasing volume doubles to 5.2m sq ft in 2021 

Leasing activity reached 2 million sq ft in the second half of the year.

Mumbai gross office leasing volume sees robust 25.3% growth in 2021 

Leasing volume hit 10.42msf, nearly half of which are fresh leases.

New Delhi warehousing demand more than doubles in H2 2021

Transaction volume reached 4.1 million square feet.