Browsing Tag

Chennai

24 posts
India’s housing market maintained steady growth in Q3 2025 with 87,603 units sold, led by premium housing demand. Prices rose across all major cities, with NCR topping at 19% YoY. While new launches dipped slightly, sales momentum and inventory health remained stable, signalling a maturing but resilient market.

India’s Housing Market Sustains Growth in Q3 2025, Premium Homes Take Centre Stage

India’s housing market maintained steady growth in Q3 2025 with 87,603 units sold, led by premium housing demand. Prices rose across all major cities, with NCR topping at 19% YoY. While new launches dipped slightly, sales momentum and inventory health remained stable, signalling a maturing but resilient market.
Grand Housing, a Chennai-based plotted development real estate firm, has filed its DRHP with SEBI for an IPO via an offer for sale of 3.55 crore shares by promoter Vijay Surana. The company focuses on residential and industrial land development and reported a sharp rise in revenue and profit in FY25.

🏠 Grand Housing Files DRHP for ₹5 Face Value IPO; Entire Offer is OFS by Promoter

Grand Housing, a Chennai-based plotted development real estate firm, has filed its DRHP with SEBI for an IPO via an offer for sale of 3.55 crore shares by promoter Vijay Surana. The company focuses on residential and industrial land development and reported a sharp rise in revenue and profit in FY25.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

Southern Cities Lead GCC Office Leasing with 64% Share in Q1 2025

India’s Global Capability Centres (GCCs) leased 8.35 Mn sq. ft. of office space in Q1 2025, with Bengaluru, Chennai, and Hyderabad capturing a 64% share, according to ANAROCK. The sector saw a 72% YoY jump, driven by IT, BFSI, and manufacturing growth.
Mumbai’s office stock hit 169 Mn sq. ft. in H1 2025, with over 50% in Grade B assets. SBDs lead the shift, flex space dominates leasing, and vacancy hits a 10-year low, as per Knight Frank’s Billion Sq Ft report.

Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

India’s office leasing market kicked off 2025 on a strong note, recording a 15% year-on-year increase in Q1, with 15.9 million sq. ft. of space absorbed across the top seven cities. Bengaluru and Delhi NCR led the charge, driving nearly half of the total leasing activity. Meanwhile, flex spaces gained momentum, accounting for 14% of total Grade A office space uptake. With demand outpacing supply, office rentals surged by 8% annually, while vacancy levels dropped by 120 basis points, reflecting the continued resilience of the commercial real estate sector.
New home launches dominated sales in India's top 7 cities in 2024

New Home Launches Dominate Sales in Top 7 Indian Cities in 2024

India’s real estate market is witnessing a major shift, with newly launched homes accounting for 42% of total sales in 2024. Bengaluru and Chennai led with a 53% share of fresh supply absorption, while NCR saw remarkable growth in new project demand. As homebuyers prioritize affordability and future returns, leading developers are driving the trend with strategically located, well-planned projects.