GCCs to Drive 40% of Demand for Grade A Office Space in India

Colliers report projects that Global Capability Centers (GCCs) will drive almost 40% of the demand for Grade A office space in India in the coming years. The report highlights the increasing role of GCCs, engineering, and BFSI sectors in the office space market, with major cities like Bengaluru, Hyderabad, Chennai, and Pune showing significant growth. ESG considerations are also shaping demand, with a substantial portion of office space expected to be green-certified.

NRI Asks: Is ₹1.25 Crore Enough to Settle in India? Reddit Responses Highlight Affordable Cities and Challenges

An NRI planning to return to India with ₹1.25 crore asked Reddit if this amount is enough to settle comfortably, especially in tier-2 cities like Noida, Lucknow, and Patna. Responses from the Reddit community provided valuable insights on affordable cities and adjustment challenges, confirming that tier-2 cities offer a viable and economical alternative to expensive metropolitan areas.

Housing Prices Rise Across Top Indian Cities, Reports CREDAI-Colliers-Liases Foras

The residential real estate market in India’s top eight cities has continued…

Urban Development Ministry Unveils Updated Guidelines for Green Building Certifications

New Delhi, August 28, 2024 — The Ministry of Urban Development has…

Double Boost for Housing Sector: Stable Repo Rate and Indexation Benefits Fuel Market Optimism

RBI has kept the Repo Rate unchanged for the ninth consecutive time.…