The total absorption across India's top eight cities reached 11.4 million sq. ft., up from 7.7 million sq. ft. in the previous quarter. Delhi-NCR, Kolkata, and Hyderabad emerged as key contributors, accounting for 65 per cent of the total leasing volume.
Bengaluru continues to lead office space absorption, accounting for 30 per cent of total leasing from January to September 2024, followed by Delhi-NCR and Hyderabad with 14 per cent each, Chennai with 13 per cent, and Mumbai and Pune contributing 12 per cent each.
The demand for residential properties in Bengaluru has consistently outpaced supply, resulting in an 8.3 per cent reduction in unsold inventory, which stood at 75.1 msf by the end of FY24. Residential property prices in the city have grown at a compound annual growth rate (CAGR) of approxima
Bhubaneswar (Odisha) [India], August 12: With trade, industry and services booming in India's City of Progress -- luxury real estate has also followed northwards in Bhubaneswar. Rising rates and high pre-launch booking volumes culminating in tower and phase-level sellouts are becoming the
The first half of the current year saw an 8 per cent increase in absorption, reaching 16.6 million sq ft, compared to the same period last year, according to the latest office market report from Vestian, a US-headquartered workplace solutions firm. However, this figure represents a 26 per ce
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnessed a sharp decline of 32 per cent year-over-year (YoY), with only 17.4 million square feet completed in H1 2024. This limited supply, coupled with increased transaction activity, led to a decr
Bangalore (Karnataka) [India], June 24: Protyze, a premium health and wellness supplement brand under Alphacentric Healthcare Pvt Ltd, is proud to announce the launch of India's first Clear Whey Protein supplement that is 99 per cent lactose-free. This innovative product is designed to provi
Kathmandu [Nepal], May 29: Trusted by 6M+ athletes worldwide, the formula offers a clinically proven 50 per cent boost in protein absorption. This is a game-changer in post-workout nutrition, promoting unparalleled recovery, and lean muscle development.
Vadodara (Gujarat) [India], April 9: Evocus, India's first natural black alkaline water adds a new product to its portfolio with the launch of Evocus Hydration IV, a groundbreaking electrolytes drink mix. Designed for ultra-rapid water balance in the human body, this advanced beverage blend
New Delhi [India], March 28: According to MordorIntelligence, the commercial real estate industry is expected to reach USD 87.57 billion, growing at a CAGR of 21.1 per cent till 2028. But, with the post-COVID work-from-home culture extending, the net office absorption of commercial spaces re