Browsing Tag

Q1 2025

2 posts
Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

India’s office leasing market kicked off 2025 on a strong note, recording a 15% year-on-year increase in Q1, with 15.9 million sq. ft. of space absorbed across the top seven cities. Bengaluru and Delhi NCR led the charge, driving nearly half of the total leasing activity. Meanwhile, flex spaces gained momentum, accounting for 14% of total Grade A office space uptake. With demand outpacing supply, office rentals surged by 8% annually, while vacancy levels dropped by 120 basis points, reflecting the continued resilience of the commercial real estate sector.
Mumbai Records 15,501 Property Registrations in March 2025, Generating ₹1,589 Crore in Revenue

Housing Sales Plummet by 28% in Q1 2025 Across India’s Top 7 Cities

The Indian housing market witnessed a significant slowdown in Q1 2025, with sales across the top seven cities plunging by 28% Y-o-Y, according to ANAROCK Research. New launches also dipped by 10%, reflecting the impact of rising property prices and global economic headwinds. Despite the slowdown, property prices surged by 17% on average, with NCR and Bengaluru leading the increase.