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.
In the second quarter of 2024, the amount of new office space in the top 6 cities increased by 6 per cent compared to the same period last year, totalling 13.2 million square feet, the report added. This was a notable 16 per cent rise over the previous quarter.
The report highlights that Indian Offshoring market has evolved itself as a significant occupier in India's office space with leasing over 46% of office space in 2023. In India the Global Capability Centres (GCCs) emerged as the primary offshore occupier.
Mumbai (Maharashtra) [India], April 5: Leading independent property services group ANAROCK has announced the launch of its dedicated commercial office leasing services, and the appointment of CRE veteran Peush Jain as Managing Director - Corporate Leasing & Advisory. After successfully l
The findings have been revealed by the report titled 'CBRE India Office Figures Q1 2024' by CBRE South Asia Pvt. Ltd. The surge in activity by flexible office space operators shows the evolving dynamics of the Indian office leasing landscape.
Noida (Uttar Pradesh) [India], November 29: Changing the dynamics of office leasing, NextOffice.in, is emerging as a prominent player in commercial space solutions, aiming to provide comprehensive and end-to-end services ranging from lease, design, and interior construction of modern and
Mumbai (Maharashtra) [India], January 17 (ANI/BusinessWire India): GCCs in India have exhibited the fastest growth among all industry segments active in India's office leasing landscape. They now occupy more than 202 million sq. ft of office space across the top six cities (Bengaluru, Chenna
Mumbai (Maharashtra) [India], November 29 (ANI/BusinessWire India): Startups are fuelling India's next wave of growth, ushering in an era of unparalleled change and innovation. Flourishing at an impressive pace, the Indian startup ecosystem is globally the third largest. Over the last few ye
Pune (Maharashtra) [India], September 16 (ANI/PRNewsire): Grade A office absorption in Pune is expected to touch 5.5 million sq ft during 2022, a likely 53 per cent increase from last year when demand was marred by the lockdowns. Occupier confidence is back in the market, with demand backed
New Delhi [India], January 12 (ANI/Mediawire): As part of its expansion plans, Table Space has onboarded industry expert and JLL's Managing Director of its Office Leasing Business - Nitish Bhasin.
Mumbai (Maharashtra) [India], Jan 6 (ANI): The office market in top eight cities recorded transactions of 22.2 million square feet in July to December 2020 period, Knight Frank India said on Wednesday.