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
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