Browsing Tag
Pune
59 posts
This City in the Country Holds the Highest Vacant Office Stock in India
This City holds the highest vacant office stock in India, reaching 28 million square feet in Q1 2025. While demand for office space remains robust across major cities, new supply and absorption trends show a dynamic real estate landscape, with Bengaluru, Mumbai, and Pune leading in absorption. This article provides an in-depth analysis of the office market in India, highlighting key trends and data from Q1 2025.
Urban Vault Expands to Pune with New 35,000 Sq. Ft. Flex Space at Ambrosia Galaxy
Urban Vault makes a strategic entry into Pune with a new 35,000 sq. ft. managed flex space at Ambrosia Galaxy, Baner High Street. Offering over 700 desks, the workspace targets startups, SMEs, and enterprises with flexible pricing and scalability.
MHADA to Build One Lakh Homes in Two Years Under Maharashtra’s Affordable Housing Initiative
Maharashtra government, through MHADA, is set to develop one lakh affordable homes statewide within two years. The initiative includes rental housing, hostels, and eco-friendly redevelopment. A recent Pune Board lottery for 3,662 homes received overwhelming participation, reaffirming public trust in MHADA’s transparent allocation system.
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.