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Hyderabad’s Office Space Absorption Rises 7% to 7.5 Million Sq. Ft. in 2024 0

Hyderabad’s office space absorption grew by 7% in 2024, reaching 7.5 million sq. ft., driven by Grade-A micro-markets. Despite rental growth, supply constraints pushed vacancy rates to a record 26.5%. The IT-ITeS sector saw a slight dip, while BFSI and coworking expanded. NCR led with a 61% surge in net absorption.

Office Space Demand in Delhi-NCR Surges 61%, Led by GCCs and Tech Sector 0

The Delhi-NCR office market saw a 61% surge in demand in 2024, driven by GCCs and the tech sector. Co-working spaces gained traction, while office rentals rose 5%. Despite a 22% drop in new supply, vacancy rates fell. Noida led rental growth, keeping NCR a key business hub.

EFC (I) Ltd Expands Pune Portfolio with 26,500 Sq. Ft. Office Space, Adding 600 Seats 0

EFC (I) Ltd has expanded its serviced office portfolio with a 26,500 sq. ft. acquisition in Pune, adding 600 seats. This move strengthens its leadership in India’s managed office sector. With substantial financial growth, the company continues to attract investors, offering competitive returns and expanding its market presence.

India’s Real Estate Market Poised for Massive Growth, Projected to Hit $603.4 Billion by 2033 0
- Industry News
- March 20, 2025
India’s real estate market is set for substantial growth, projected to reach $603.4 billion by 2033 at a CAGR of 9%. Key drivers include urbanization, rising incomes, government initiatives, and increased foreign investments. Demand for flexible workspaces and sustainable properties also shapes the industry’s future.
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India Draws $3 Billion in Real Estate Investments in H2 2024, Driven by Office and Industrial Growth 0
- Industry News
- March 20, 2025
India’s real estate sector saw an 88% investment surge in H2 2024, reaching $3 billion, driven by office and industrial growth. Foreign capital comprised 57% of inflows, with Mumbai as a key hub. Experts cite strong economic growth and policy measures as catalysts for continued investment momentum into 2025.
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Mumbai Metro Line 3 Set to Boost Real Estate in BKC and Worli from April 0
- Industry News
- March 20, 2025
Mumbai Metro Line 3’s second phase will launch in April and will connect Bandra Kurla Complex (BKC) and Worli, boosting real estate demand in South and Central Mumbai. While the Metro will enhance accessibility for professionals, experts believe high-net-worth individuals will benefit more from the Mumbai Coastal Road.
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