mid-tier office crisis Archives

After more than two decades, the Maharashtra government has revised the carpet area of staff quarters for its officers and employees. The new norms significantly increase the size of government housing across all pay levels, reflecting changing lifestyle needs and modern construction standards.

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Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A spaces, while mid-tier buildings struggle with high vacancies and falling relevance amid the GCC boom.

SquareFeatIndia
May 19, 2026
3 minute read

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Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A…

SquareFeatIndia
May 19, 2026

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Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT…

SquareFeatIndia
May 18, 2026

India’s warehousing absorption rebounded sharply by 64% in Q3 2025, with Mumbai contributing nearly half of the national demand and Kolkata recording its highest-ever quarterly leasing, according to Vestian.

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13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and…

SquareFeatIndia
May 17, 2026

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.

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Society Told to Pay ₹11.38 Crore as Income from Redevelopment

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op…

SquareFeatIndia
May 16, 2026