Browsing Tag

commercial real estate

44 posts
Leasing

Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024

The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.
Rental housing

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.
Brookfield Properties

Brookfield Properties Secures Renewable Energy from Bikaner Solar Project,

Brookfield Properties has taken a major step toward sustainability by securing renewable energy from its Bikaner Solar Power Project. This partnership provides 40% of the energy needs for its Delhi NCR portfolio and aims for a complete transition to green power by 2027, significantly reducing carbon emissions and supporting tenants’ sustainability goals.

Suraj Estate Developers Raises Rs. 343 Crores Through Equity Shares and Share Warrants

Suraj Estate Developers Limited has secured around Rs. 343 crores through a recent preferential allotment of equity shares and convertible share warrants. The funds will be used for land acquisitions and general corporate purposes, reflecting strong investor confidence in the company’s growth plans and its commitment to expanding in the residential and commercial real estate sectors.
Investment in Indian real estate

Foreign Investment in India’s Real Estate Sector Soars 139% YoY in Q3 2024

India’s real estate sector experienced a notable boost in foreign investment, rising 139% year-on-year to USD 436 million in Q3 2024. Overall institutional investments reached USD 960.8 million, reflecting strong confidence in the market despite a quarterly decline. Chennai emerged as the leading city for investment, primarily in industrial and commercial sectors.