India

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.