2024 promises to be a standout year for the office market driven by India-facing businesses and GCCs, says Knight Frank India CMD Shishir Baijal Source: Business Line…
View More 2023 office absorption near record high, home sales at 10-year highTag: Real Estate
Adani Group ropes in global designers, experts for Dharavi redevelopment project
“They will reimagine one of the largest and most vibrant informal settlements in Asia” Source: Business Line…
View More Adani Group ropes in global designers, experts for Dharavi redevelopment projectBlackstone offloads entire stake in Embassy REIT for ₹7,100 crore
Existing and new investors, including Capital Group, Fidelity, Bain Capital, ICICI Mutual Fund, HDFC Mutual Fund, and SBI Mutual Fund, participated in the acquisition Source: Business Line…
View More Blackstone offloads entire stake in Embassy REIT for ₹7,100 croreThe jewel in Surat’s skyline — A sparkling new Diamond Bourse
Featuring over 4,500 interconnected offices, the bourse is now the world’s largest office space, beating the Pentagon Source: Business Line…
View More The jewel in Surat’s skyline — A sparkling new Diamond BourseDemand for office space seen at 55-57 mn sq ft in 2023
Leasing activity picks up in third quarter, with demand up 29 per cent sequentially Source: Business Line…
View More Demand for office space seen at 55-57 mn sq ft in 2023India needs additional 2 billion square feet of healthcare space: report
As per Indian government estimates, there are about 582 investment opportunities in medical infrastructure, including hospitals, valued at $32 billion Source: Business Line…
View More India needs additional 2 billion square feet of healthcare space: reportOffice market sees a slump in new supply and leasing activity in Bengaluru: Report
In contrast, office space absorption across the top seven cities, including Bengaluru, Hyderabad, Chennai, Mumbai, Pune, Delhi-NCR, and Kolkata, rose by 21 per cent y-o-y to reach 15.9 million sq ft Source: Business Line…
View More Office market sees a slump in new supply and leasing activity in Bengaluru: ReportReal estate developers acquire over 1,461 acres land in tier-2 and tier-3 cities: Report
Notably, 44.4 per cent of these transactions across 17 deals with transaction value of ₹4,918 crore occurred in these cities Source: Business Line…
View More Real estate developers acquire over 1,461 acres land in tier-2 and tier-3 cities: ReportREIT portfolios see rejig as IT firms give up office space
The REITs have been able to re-lease, but the exits are putting pressure on occupancies which are still hovering around the mid-80s levels across most portfolios Source: Business Line…
View More REIT portfolios see rejig as IT firms give up office spacePrestige Group to focus on Delhi-NCR and Mumbai markets
Prestige achieved 56.6 per cent year-on-year growth, reaching ₹2,236 crore in revenue for the quarter ending September Source: Business Line…
View More Prestige Group to focus on Delhi-NCR and Mumbai marketsShriram Properties PAT grows to ₹20.2 cr in Q2
On a sequential basis, it grew 21 per cent Source: Business Line…
View More Shriram Properties PAT grows to ₹20.2 cr in Q2APAC commercial real estate deals hit rough patch in Q3, India remains promising: Report
Deal volumes have fallen 37 per cent on year to $25.7 billion in the quarter, the lowest since 2010, the MSCI Capital Trends report said Source: Business Line…
View More APAC commercial real estate deals hit rough patch in Q3, India remains promising: ReportBrookfield India REIT’s Q2 NOI up 44% YoY
India is already the “office to the world” and is emerging as the destination of choice for fostering global business operations and innovation: Alok Aggarwa, Chief Executive Officer Source: Business Line…
View More Brookfield India REIT’s Q2 NOI up 44% YoYMumbai property registrations cross 10,000 units in Oct, for the fifth straight month
Mumbai accounts for roughly half of properties sold across major cities in the country in terms of value and provides a barometer for the demand in the housing segment in the country Source: Business Line…
View More Mumbai property registrations cross 10,000 units in Oct, for the fifth straight monthIndian real-estate funding up 82% in Q3 2023: Report
Residential assets attract $298.3 million of institutional investment during July–September Source: Business Line…
View More Indian real-estate funding up 82% in Q3 2023: Report