India Archives - Page 3 of 6

India Leads Asia-Pacific Office Market, Capturing 70% Share of New Supply 0
- Industry News
- November 16, 2024
India now leads the Asia-Pacific office market, capturing 70% of new office space supply with over 14.4 million sq ft completed in Q3. Driven by strong demand, India’s office sector will add 54-64 million sq ft of Grade A space in 2024, reinforcing its APAC market prominence.
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India’s Office Market Thrives as Top Global Destination, Drives Record Demand and New REIT Opportunities 0
- Industry News
- November 13, 2024
India’s office market is booming, with record leasing expected to surpass 80 million sq ft this year, driven by demand from multinationals and Global Capability Centers (GCCs). Luxury residential demand remains strong, and new REIT regulations are expanding investment opportunities, solidifying India’s role in the global real estate landscape.
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India’s Office Space Market Set for Record Growth in 2024, Says Savills Report 0
- Industry News
- November 4, 2024
India’s office space market is set for record growth in 2024, with projected absorption to exceed 70 million sq. ft., driven by high demand from IT-BPM, flexible workspaces, and BFSI sectors. Major cities like Bengaluru, Delhi-NCR, and Mumbai lead leasing activity despite slower new completions lowering vacancy rates.
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Festive Season Boosts Demand for Co-Working Spaces Across India 0

India’s festive season boosts demand for co-working spaces as companies and freelancers embrace flexible, collaborative environments. Festive promotions and packages drive occupancy, while companies use this high-energy period for team bonding and client events. Co-working providers aim to convert seasonal users into long-term tenants through engaging offers.

Bollywood Star Shraddha Kapoor Becomes the New Face of Ofis Square, Redefining Coworking in India 0

Ofis Square partners with Bollywood star Shraddha Kapoor as its first brand ambassador in India’s coworking sector. With plans to expand 10 million square feet nationwide, Ofis Square aims to mainstream flexible workspaces, targeting entrepreneurs and startups. Kapoor’s endorsement strengthens its vision to lead India’s evolving coworking market.

India’s Office Rental Market Exceeds Pre-Pandemic Levels, Led by Delhi NCR and Pune 0

For the first time since 2019, office rental prices across India’s six largest cities have exceeded pre-pandemic levels, according to a report by Colliers India. The report reveals a steady rise in average office rents, reaching Rs 101.3 per square foot in 2024, up from Rs 99.5 per square foot in 2019. This marks a

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