Amitabh & Abhishek Bachchan bought 10 flats in Mulund

Amitabh and Abhishek Bachchan have purchased 10 apartments in Mulund West for ₹24.95 crore, adding to their extensive real estate portfolio. This investment underscores their continued presence in the Mumbai property market, with significant acquisitions throughout 2024.

Global Network for Zero Hosts Leadership Roundtable to Propel India’s Net Zero Transition

The Global Network for Zero (GNFZ) recently hosted a Leadership Roundtable in Gurugram, bringing together India’s top sustainability leaders to discuss strategies for advancing the country’s net zero goals in alignment with the Viksit Bharat 2047 vision. The event emphasized collaborative efforts to overcome barriers to decarbonization, featuring key insights from industry leaders and recognizing outstanding projects achieving significant milestones in their journey toward sustainability.

India Emerges as Global Leader in Global Capability Centres

India has established itself as a premier destination for Global Capability Centres (GCCs), with over 1,800 centres occupying more than 240 million sq. ft. of Grade A office space. Recent reports indicate a projected growth to over 2,300 centres by 2026-27, underscoring India’s strategic importance in the global business ecosystem. The IT/ITeS, manufacturing, and BFSI sectors dominate this landscape, with Bengaluru leading in occupancy.

Office Market Rental Growth Surges Past Pre-Pandemic Levels in 2024

The Indian office market has reached a significant milestone in 2024, as average rents across major cities exceed pre-pandemic levels for the first time since 2019. Driven by a robust recovery in demand, certain core micro markets have seen rental increases of up to 25%. This article explores the city-wise trends, cumulative demand and supply metrics, and the outlook for future growth in commercial real estate.

53% of Affordable Housing Buyers Unhappy with Available Options

According to the ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024, 53% of affordable housing buyers in India are unhappy with available options, citing issues like poor project location and low construction quality. As demand for larger homes grows, with 51% preferring 3BHK units, interest in affordable housing continues to decline. The survey also shows a significant shift towards premium and luxury homes, indicating changing buyer preferences in the current market.