Ahmedabad Emerges as India’s Rising Business Hub with Robust Office Demand and 25.5% Rent Upside

Ahmedabad’s office market has entered a landlord-favorable phase, with a 25.5% premium in market rent over passing rent. A new report by CREDAI and a real estate research firm shows BFSI and tech firms are driving demand, while GIFT City is emerging as the growth engine of Gujarat’s commercial real estate.

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.

Know How Much your Housing Price will Increase?

A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.