Real Estate Mumbai
Indian Cities See Surprisingly Robust Office Leasing Growth, Outpacing Global Markets
A recent report by real estate services firm Vestian highlights that the top seven Indian cities have seen a 4-8% growth in office leasing, significantly outperforming global markets. Key cities like Mumbai and Bengaluru are leading the charge with notable rental growth.
Real Estate
GCCs Lead the Charge: Commercial Real Estate Leasing Surges Above Pre-Pandemic Levels
In a significant turnaround, Global Capability Centers (GCCs) have leased or committed to take approximately 27.7 million square feet of Grade-A commercial real estate in 2024, surpassing pre-pandemic levels and signaling a robust recovery in the market.
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
Flex Space Demand Set to Soar in 2025 as Companies Optimize Costs
The demand for flex spaces witnessed a significant surge in 2024, and industry experts predict this momentum will continue into 2025, driven by cost optimization and the growing adoption of hybrid work models. Flex spaces have become a strategic asset for
real estate news
Year-End 2024: Office Space Leasing Projects to Reach 85 Million Square Feet
As the year 2024 draws to a close, the office space leasing market is expected to hit a significant milestone, reaching approximately 85 million square feet.
Real Estate
Office Space Leasing Poised to Hit 85 Million Sq Ft in 2024: Cushman & Wakefield
Cushman & Wakefield's latest report predicts a 14% rise in gross office space leasing, setting a new record of 85 million square feet in 2024. The Global Capability Centers (GCCs) are expected to play a significant role, contributing nearly 30% to this gr