Browsing Tag

indian office market

5 posts
REIT

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
The government of Maharashtra has issued a new circular, effective immediately, canceling the appointment of all Authorized Service Providers (ASPs) for online Leave and License registration. This move aims to simplify the process for citizens and eliminate intermediaries, but it also places new responsibilities on tenants and landlords.

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.
Office real estate

India’s Office Market Witnesses Strong Tenant Demand 

-Net Absorption in Q1 2024 at 11.5 MSF across top-8 cities; third highest in…
Office real estate

Q4 propels record-high office leasing activity; at 58.2 msf 2023 witnesses 16% YoY growth in demand

·       Q4 2023 records 20.2 mn sq ft of gross absorption, highest ever…
Office leasing

India’s Grade A office market is likely to touch 1.2 billion sq ft by 2030

India’s Grade A office market is likely to touch 1.2 billion sq…