Leasing activities by the Global Capability Centres (GCC) hit all time high in 2024, at 2024 at 29.4 million square feet with a share of 37 per cent of the overall leasing activity across the top 9 cities in India and registering about 29 per cent year-to-year (Y-o-Y) growth, the CBRE South
Projections indicate equity investments may touch USD 10-11 billion by year-end, with increasing interest in tier-II and tier-III cities.
Delhi-NCR led with a 26 per cent share of total investments, followed by Mumbai and Bengaluru.
India's Data Centre (DC) market is witnessing a surge in investment activity, with Maharashtra and Tamil Nadu emerging as the most preferred destinations.
New Delhi [India], November 21: Over the years, Delhi-NCR has emerged as a hotspot for premium luxury residences with its flourishing economy and world-class infrastructure. The area now caters to the aspirations of HNIs, expats, and the urban elite seeking unparalleled living experiences. A
The report forecasts equity investments in the sector to range between USD 10 billion and USD 11 billion in 2024, driven by strong inflows into built-up office assets and a robust land acquisition pipeline for residential projects.
The report emphasizes the sector's growth potential, with India's education market expected to reach a valuation of USD 313 billion by 2030, driven by supportive policy measures, increased urbanization, and the rise of private investments.
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.
The surge was largely concentrated in six major Indian cities- Delhi-NCR, Mumbai, Chennai, Hyderabad, Bengaluru, and Pune, which collectively drove the market.
The luxury housing market in India experienced a significant boom during the first nine months of 2024 with sales of high-end residential units (priced at Rs 4 crore and above) soaring by 37.8 per cent year-on-year, according to a CBRE report.
The positive homebuying sentiment has persisted throughout 2024, with over 150,000 units sold in the first half of the year, reflecting an increase over the same period in 2023.
The report highlights a substantial quarterly equity investment of USD 2.6 billion during July-September 2024.
Leading the charge were Mumbai, Bengaluru, and Chennai, which collectively accounted for 66 per cent of the equity inflows in Q3 2024, drawing USD 0.96 billion, USD 0.40 billion, a
New Delhi [India], October 11: CBRE's D&T (Digital & Technology) India vertical has been awarded the prestigious 'Best in Future of Work' category at the 2024 IDC Future Enterprise Awards. This recognition highlights CBRE D&T India's unwavering commitment to digital transformatio