Browsing Tag

Delhi NCR

7 posts
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.
Indian retail

Main Streets Lead Retail Leasing Growth in Q3 2024; Rentals Surge Amid Tightening Vacancies

Cushman & Wakefield’s Q3 2024 Retail MarketBeat report highlights a strong retail leasing performance, with main streets driving the majority of the 1.6 million square feet leased across top cities. Rental rates surged in high-demand areas like Delhi NCR, Bengaluru, and Chennai, while tightening vacancies in Grade-A malls point to increasing demand for premium retail space.
Office real estate

Record Office Space Leasing in India: 53.43 Million sq. ft in First Three Quarters of 2024

India’s office market achieved record leasing of 53.43 million sq. ft in the first three quarters of 2024, with expectations to reach 70 million sq. ft by year-end. The flex segment emerged as a leading contributor, highlighting robust demand from global and domestic firms.
Delhi NCR

NCR Saw 29 Land Deals for Approx. 314 Acres Closed in FY-24

 Delhi-NCR continues to be a hotspot for real estate transactions across various…
Delhi NCR

Delhi-NCR’s Unsold Inventory at Decadal Low – Under 1 Lakh Units for 1st Time

NCR’s inventory saw a 23% yearly decline – from approx. 1,23,692 units…