Browsing Tag

Bengaluru

46 posts
Leasing

Net Absorption in Indian Office Markets to Surpass 60 msf in FY2026: ICRA

India’s top six office markets—Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR, and Pune—are projected to achieve a record-breaking net absorption of 60 msf by FY2026, according to ICRA. Vacancy levels are expected to hit decade-lows, while retail mall operators will witness steady rental income growth despite challenges from rising e-commerce competition.
Ajmera

Ajmera Realty Achieves INR 270 Crore Sales in Q3 FY25, Driven by Launch of ‘Ajmera Iris’

Ajmera Realty & Infra India Ltd posted a robust performance in Q3 FY25, recording INR 270 crore in sales, a 7% YoY growth, bolstered by the launch of its Ajmera Iris project in Bengaluru. The company also saw a 10% YoY increase in collections, reflecting strong customer demand. With its continued focus on launching new projects and benefiting from favorable market conditions, Ajmera Realty is optimistic about further sales growth in the upcoming quarters.
Luxury housing Delhi-NCR

Housing Sales Fall 4% in 2024, But Value Jumps 16% in Top 7 Cities

India’s housing market experienced a mixed performance in 2024, with overall sales volume declining by 4%, but the sales value rising by 16%. MMR and Bengaluru led in sales, while luxury housing demand soared. Despite a drop in new launches, the market saw significant price increases, particularly in Delhi-NCR, where prices rose by 30%. The outlook for 2025 remains optimistic with steady growth expected, driven by continued demand and new supply from developers.
housing

Housing Supply Set to Surge in 2025 as Inventory Levels Hit Lowest in 14 Months

The Indian housing market is set for a surge in 2025, with top developers planning to launch 253.16 million sq. ft. of new supply. With inventory overhang at its lowest in 14 months and strong demand for branded housing, new launches are expected to accelerate across major cities.
Real Estate

India’s Residential Market Set for Improved Affordability in 2025, Driven by Interest Rate Cuts

JLL’s Home Purchase Affordability Index forecasts improved affordability across India’s key residential markets by 2025, driven by a projected interest rate cut. Mumbai and Pune are nearing optimal affordability, while Kolkata will maintain its position as the most affordable market. Residential sales are set to hit record levels in 2024 and 2025, driven by rising household incomes and a potential decline in interest rates.