India
India’s real estate investment volume hits USD1.07b in Q1
India’s real estate investment volume hits USD1.07b in Q1
Over half of the volume came from foreign investors.
Residential launches in Delhi more than doubled in Q1
Nearly 8,000 units were launched during the quarter.
Mumbai office leasing plummets 32% to 3.05msf in Q1
Smaller sized transactions dominated fresh leases.
Delhi sees 0.22msf of new retail supply in Q1
One new mall hit over 90% occupancy within its first few months of operations.
Mumbai residential launches up 16% to over 19,000 units in Q1
This is in line with the quarterly average over the past year.
Delhi NCR office leasing volume drops 27% to 2.9msf in Q1
Fresh leases accounted for 86% of the activity during the quarter.
Fresh leases dominate Mumbai’s Q1 retail leasing activity
The demand for fresh leases primarily came from fashion and F&B.
Delhi’s Q4 residential sales hit record highs
Over 12,000 units were sold in the quarter.
Delhi’s industrial Grade A supply to increase at 15% CAGR from till 2026
There is almost 50 million sq ft of new supply lined up in the next three years.
Mumbai to see nearly 8m sq ft of new office space this year
Supply is expected to outpace demand by the end of the year.
Bengaluru Grade A office rents to rise by up to 3% this year
Around 14 million sq ft of supply is expected to be completed by year-end.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
Delhi to see over 23m sq ft of new office supply until 2025
Over two-thirds of the new supply will come from the Gurugram submarkets.
Delhi residential launches up 13% to 9,289 units in 2022
Luxury units accounted for over half of the new launches in Q4.
Mumbai sees lowest annual office completions in five years
Only 3.69 million sq ft of projects were completed in 2022.
Fresh leases dominate Delhi’s retail leasing activity in Q4 2022
Almost 57% of all mall leasing activity was from new leases.
These segments drove Q4 retail leasing activity in Mumbai
Around 68,000 sq ft of leasing activity was recorded during the quarter.