The continued expansion of Global Capability Centres (GCCs), coupled with strong domestic demand, is driving a steady decline in office market vacancy rates, signalling renewed momentum in India's commercial real estate sector, according to the latest report by CREDAI-CRE Matrix.
Vacancy levels, already at historic lows, are expected to decline even further, according to a recent report by rating agency ICRA. From 15.5 per cent in March 2024, vacancy dropped to 13.9 per cent in March 2025 and is projected to fall to 13.0-13.5 per cent by March 2026, reflecting str
In a major initiative towards strengthening Central Industrial Security Force (CISF) to support economic rise of the nation, the Ministry of Home Affairs (MHA) has approved an increase in the strength of the Central Armed Police force from existing 1,62,000 to an authorized ceiling of 2,20,0
The Chief Minister said that the government is committed to filling teaching positions without delay, and has asked officials to expedite the recruitment process.
Karnataka Chief Minister Siddaramaiah on Thursday dismissed any leadership change in the state government, saying that there was no discussion in the Congress regarding the change of the chief minister's post. He added that his deputy, DK Shivakumar, himself noted that there is no vacancy
Showing strong economic momentum in the prominent metro cities, micro markets of Delhi NCR and Mumbai have continue to lead in terms of average rentals and lowest vacancy levels, according to the latest report by real estate consultancy firm Colliers.
Union Minister and Lok Janshakti Party (Ram Vilas) chief Chirag Paswan on Monday asserted that there is "no vacancy" currently in Bihar for the post of Chief Minister as under the leadership of Bihar CM Nitish Kumar will lead a strong NDA government.
Plea moved by Practising lawyer Amit Sahni, stated that as per sanctioned strength, the Delhi High Court should have 60 judges (45 permanent and 15 additional). However, it is currently functioning with only 36 judges, reflecting a vacancy rate of 40%.
New Delhi [India], February 19: The abrupt departure of a Chief Financial Officer (CFO) can create instability in finances, disrupt operations, and affect the confidence of the stakeholders. Irrespective of whether the departure is through resignation, termination, or an unexpected vacancy,
The report highlights a surge in consumer spending during the festive season, benefiting retail markets in major cities such as Auckland, China, Hong Kong, Bangkok, and Bengaluru. In Bengaluru, strong commercial demand has outpaced supply, leading to lower vacancy rates.
Lebanon's parliament elected Army Chief Joseph Aoun as the country's new president on Thursday, bringing an end to a prolonged political deadlock and presidential vacancy, CNN reported.
The WCD Department had initially sought the conversion of 12 temporary posts. However, after careful consideration, the Finance Department recommended the conversion of 11 posts, with one post being abolished due to prolonged vacancy, the release stated.