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ICRA Report

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ICRA expects India’s hospitality sector to grow 9–12% in FY2026, with premium hotel occupancy at 72–74% and room rates rising further as demand continues to outpace supply for the next 2–3 years.

ICRA Projects 9–12% Revenue Growth for Indian Hotels in FY2026; Occupancy, Room Rates to Stay Strong

ICRA expects India’s hospitality sector to grow 9–12% in FY2026, with premium hotel occupancy at 72–74% and room rates rising further as demand continues to outpace supply for the next 2–3 years.
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.
residential real estate

Residential Sales in Top Seven Cities Projected to Grow in FY2025

Despite a sluggish start to the fiscal year, residential sales in India’s…