Office space demand in India is expected to strengthen as the conversion of Special Economic Zone (SEZ) areas into regular office spaces gathers momentum, according to a report by Nuvama Research.
However, Pune and Delhi-NCR saw vacancy rates increase by over 100 basis points quarter-on-quarter, driven by a surge in new office completions in these markets, according to a recent report by real estate consultancy firm Colliers.
India Inc. is set to become a key driver of office space demand over the next two years, with 85 per cent of domestic firms planning to expand their office footprint, according to CBRE's latest India Office Occupier Survey 2025.
Technology and flex space companies are fuling the office space demand, as the second half of 2024 witnessed an 11 per cent year on year rise, according to a latest report by Colliers.
A relaxation of Covid-19 restrictions, pent-up demand, and a gradual acceleration of return-to-office plans propelled leasing momentum in India in 2022.
New Delhi [India], October 13 (ANI): Investments in the Indian real estate sector by institutional entities touched USD 3.6 billion during January-September 2022, an 18 per cent increase year-on-year, led largely by office space demand, data collated by Nasdaq-listed global professional serv
New Delhi [India], July 8 (ANI): Indian e-commerce market is expected to reach $120 billion by 2026 from as low of $38 billion in 2021, and this exponential rise in retail and e-commerce businesses will fuel the economic growth of the warehousing and logistics sector in the country according