Burgeoning commercial activity, a cutting-edge start-up culture and realistic property prices dictated by end-user demand have kept Bengaluru’s real estate market vibrant, and generally more resilient than in other cities.
Despite the ongoing pain in Indian real estate, both housing sales and new launches have increased q-o-q. The future depends on a favourable macroeconomic environment in 2019.
Unsold Real Estate units across top 9 markets have come down by 9% y-o-y to 7,57,000 units. Sales in top 9 cities have come down by 18% quarter on quarter in Q2 CY’18.
Low vacancy levels and high rentals in Tier I cities are now also paving the way for retail expansion in tier II cities like Lucknow, Coimbatore, Chandigarh, Mangalore and Ahmedabad, to name a few.
India is touted as one of the biggest IT destinations in the world, and it was one of the first countries to benefit from the…
Across most key Indian office markets, secondary business districts (SBDs) are emerging as the new favourites of occupiers due to the availability of larger floor plates and latest amenities that suit most occupiers’ requirements
Retail rents for the most expensive locations in shopping centres remained relatively stable in 1Q17, with the aggregate Asia Pacific retail rental index edging up…
While the megacities of Delhi and Mumbai rank in the ‘Global Top 30’ – thanks largely to their huge scale, other cities such as Bangalore, Chennai and Kolkata sit within the ‘Global Top 100
In 1Q2017, Pune and Chennai have managed to recover from the fall in office rents seen after the global financial crisis (GFC). While Bengaluru was…
Co-working, a Western concept that involves various individuals or start-ups sharing a common workplace environment, is slowly catching on across metros in India. At a…