Co-Working to Be a Game-Changer in 2018
The commercial real estate industry has had an eventful 2017 with co-working ushering in a new culture of collaboration in the workspace. Flexibility, cost saving and ease of starting an office are some of the most important factors contributing to the exponential growth of co-working spaces. Entrepreneurs, as well as established companies, are known to […]
Delhi, Mumbai Among Costliest Office Locations in the World
Delhi and Mumbai have been listed amongst the most expensive and sought-after office destinations in the world and are ranked above many global hotspots. While Delhi figures among the world’s top-10 most expensive locations for premium office rents, Mumbai also features in the top-20 of the list. According to global reports, Hong Kong tops the […]
Bengaluru Tops Flexible Office Space Segment
Offering the twin benefits of space efficiency and cost-effectiveness, the co-working trend is catching the fancy of office occupiers in metros. Currently, there are close to 350 co-working office operators in India working out of 800 locations based in Bengaluru, Mumbai, Delhi NCR, Pune, Chennai and Hyderabad. The nation’s IT capital, Bengaluru, leads the pack […]
Indian CRE Market – Looking Back At 2017 & Gearing Up For 2018
Steady lease rentals, high absorption levels, low vacancy levels and global investor interest kept India’s commercial real estate sector buzzing during 2017. Unlike the fragmented residential market, the commercial sector fared much better. Backed by large investors, leading developers are steadily building Grade A office space in key cities. Here’s a look at how the […]
How Much Savings Can Be Achieved from Co-Working Offices?
India’s metros are home to thousands of startups, small businesses, and millennials who are seeking new work environments. In this scenario, co-working has come up as a popular business model that is redefining office spaces in the city. Co-working spaces are in great demand in cities like Bengaluru, Mumbai, and Hyderabad as they provide the […]
Bengaluru, Mumbai and Delhi Ranked Among Top Investment Destinations in APAC
The government’s pro-reform policies for the Indian real estate sector has received a thumbs-up from foreign investors as three major cities have emerged as preferred investment destinations in the Asia Pacific region. According to the Emerging Trends in Real Estate Asia Pacific 2018 report jointly published by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI), […]
Builders Focus on Leasing Commercial Real Estate Over Selling
Real estate developers building commercial properties are shifting gears in light of recent policy developments. They are now focusing on leasing their commercial properties instead of selling them on an outright basis. With the likely launch of real estate investment trusts (REITs) next year, developers now have the option of monetizing their commercial assets through […]
Bengaluru to Have Additional 26 Million Sq. Ft. of Office Space by 2020
Popularly regarded as India’s Silicon Valley, Bengaluru leads the pack of IT hubs in India. Pleasant climate, an international airport, and abundance of talent have turned Bengaluru into an international IT destination. It’s no wonder that Bengaluru has emerged as one of the largest contributors to commercial real estate in the country. According to experts, […]
Office Leasing in Q3 Up in Major Indian Cities
India’s commercial real estate (CRE) market is growing by leaps and bounds and remained positive in the quarter ending September. The prime office space market continues to be buoyant due to increased investor activity, sustained leasing demand from technology companies and growing leasing interest from occupiers. According to our market research, office space leasing grew […]
13.6 Million Sq. Ft. of Retail Supply Coming Up in Top 8 Cities
India’s retail sector is heading towards a revolution with close to 34 new malls coming up in top eight cities by 2020. A whopping supply of 13.6 million sq. ft. is expected to come up in the next three years across the country. Experts are pegging the size of retail sector at Rs. 1 trillion […]
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