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.
This rise is largely attributed to favourable government policies like the Production Linked Incentive (PLI) scheme, which covers 14 sectors, and the global shift towards the "China + 1" strategy, where manufacturers diversify supply chains away from China.
Half of India's public infrastructure is unprepared for disaster planning and management, CBRE South Asia Pvt Ltd highlighted in a statement during a conference in the national capital on Wednesday.
Domestic companies have been responsible for nearly 47 per cent of office leasing activity from 2022 to H1 2024, marking a departure from the traditional dominance of global corporations, particularly American firms.
Despite a 16 per cent decrease in supply additions, with 15.5 million sq. ft. added in H1 2024, leading cities like Chennai, Bengaluru, and Mumbai contributed 57 per cent of the total supply. Larger developers backed by institutional investors contributed about 33 per cent of this supply, wi
New Delhi [India], August 2: CBRE, today announced that it has acquired Singapore-based specialist sustainability consulting firm, Paia Consulting, expanding CBRE's ability to accelerate sustainability for occupier and investor clients globally.
Retail leasing activities in the country have soared to a five-year high in the first half of the current year, CBRE South Asia Pvt. Ltd observed in its latest report.
New Delhi [India], July 19: A recent report by real estate consulting firm CBRE estimates that India, currently one of the world's youngest countries, will house 17 per cent of the global elderly population by 2050. As India's senior citizen demographic grows, the need for comprehensive supp
The sale of luxury houses in India increased by 27 per cent during the Jan- June 2024 period as compared to the same period last year, highlights a report by CBRE South Asia a real estate consulting firm.
A survey conducted by real estate association CREDAI and investment management company Colliers found that the majority of the real estate developers expect tax rationalization, sops for affordable housing, and single window clearance from Union Budget 2024, slated to be tabled sometime l
The CBRE's report noted that the overall office leasing deals remained strong in the country, with gross office leasing touching 32.8 million sq. ft. during Jan-Jun' 2024. This was an increase of 14 per cent year-on-year basis across the top nine cities of India.
Over the next 12 months, approximately 30 per cent of companies plan to increase their use of flexible office space as a central component of their office strategy.