Real Estate Pune
Pune's Office Market Surges with Record 2.07 Million Sq Ft Absorption in Q1 2025
The office real estate market in Pune witnessed an unprecedented growth in the first quarter of 2025, with net absorption reaching a historic 2.07 million sq ft. This significant milestone underscores the city's growing appeal as a prime business destination.
Real Estate Pune
Office Leasing Surges by 54% in Q1 2023: JLL India Report
Net absorption of office space in top Indian cities witnessed a significant 54% increase in the first quarter of 2023, according to a report by real estate consultancy JLL India. This surge highlights the robust recovery of the commercial real estate market.
Real Estate
Global Capability Centres to Drive 40% of Office Space Absorption by 2025
A recent report by CBRE, a leading real estate consultancy, predicts that Global Capability Centres (GCCs) will account for approximately 40% of office space absorption in India by 2025. The technology sector is expected to be the primary driver of this demand.
Real Estate
NCR Experiences 61% Surge in Office Absorption Despite 22% Drop in Net Supply in 2024
The National Capital Region (NCR) saw a significant 61% increase in office absorption in 2024, primarily fueled by the robust demand from Global Capability Centers (GCCs) and the technology sector, despite a 22% decline in net supply.
real estate news
NCR Sees 61% Surge in Office Space Absorption Despite 22% Drop in Net Supply in 2024
2024 marked a significant year for the National Capital Region (NCR) office real estate market, with a remarkable 61% increase in office space absorption, even as net supply fell by 22%, according to a report by ANAROCK Group.
Real Estate
Indian Office Market Sees 29% Rise in Net Office Absorption, Reaches 6-Year High in 2024
The Indian office market is witnessing a significant surge in net office absorption, hitting a 6-year high in 2024. This growth is driven by multiple favorable factors in the commercial real estate sector.