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  • UK Government Buys ₹101 Crore Office Space in Mumbai

    UK Government Buys ₹101 Crore Office Space in Mumbai0

    The UK government’s Secretary of State for Foreign, Commonwealth, and Development Affairs has purchased 12 office units totalling 14,883 sq ft in Mumbai’s One Lodha Place for ₹101.2 crore. The acquisition, signed by Trade Commissioner Harjinder Singh Kang, signifies strategic diplomatic expansion in India.

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  • Kolkata Office Leasing Soars 33% in Q2 2024

    Kolkata Office Leasing Soars 33% in Q2 20240

    Kolkata’s office space leasing surged 33% in Q2 2024, reaching 0.4 million sq ft, driven by the tech and BFSI sectors. H1 2024 saw a 23% rise in office transactions and a 6% rent increase. Despite recent stamp duty changes, residential sales grew 25%, with 9,130 units sold.

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  • India’s Office Space Absorption Hits Record High in 2024

    India’s Office Space Absorption Hits Record High in 20240

    India’s office space absorption hit a record 34.8 million sq. ft. in H1 2024, a 29% increase from 2023. Despite a 32% drop in new supply, vacancy rates fell to 15.9%. Bengaluru led leasing activity, followed by Mumbai and Hyderabad, with strong demand from tech and BFSI sectors.

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