Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Chennai’s real estate market grew strongly in Q1 2025, with 4,357 home sales and a 56% surge in office space transactions. Rising prices, increased new launches, and demand from GCCs and flex space operators reflect robust market sentiment and continued investor confidence across asset classes.
READ MOREInstitutional investments in Indian real estate surged 31% to USD 1.3 billion in Q1 2025, led by commercial office spaces. Delhi-NCR emerged as a key hotspot, attracting significant capital inflows. Industry leaders cite this momentum’s strong demand, infrastructure growth, and global investor confidence as key drivers.
READ MORECBRE South Asia Pvt. Ltd. dominated India’s commercial real estate investment market in 2024, securing a 63.4% market share. It led multiple asset classes and retained global leadership for the 14th consecutive year. Strong investment momentum and market fundamentals continue to attract global investors to India’s real estate sector.
READ MOREInfrastructure planning drives India’s commercial real estate growth by enhancing connectivity, attracting investments, and boosting economic activity. Projects like the Mumbai Trans Harbour Link fuel demand for office spaces. Government initiatives like Gati Shakti and NIP streamline development, ensuring long-term sustainability and increasing property values across key business hubs.
READ MOREPanchshil Business Spaces has leased 7.71 lakh sq. ft. to CitiCorp Services India in Kharadi, Pune, for ₹1,096 crore. The 10-year deal, among Pune’s largest, highlights the city’s commercial real estate growth. The lease includes parking, phased commencement from 2025, and a 15% rent escalation every three years.
READ MOREGlobal Capability Centers (GCCs) have driven a record surge in commercial real estate leasing by India’s BFSI sector, reaching 31 million sq. ft. from 2022-2024. Global firms accounted for 59% of the leasing, with strong domestic demand in Mumbai. India’s talent and digital growth fuel this expansion.
READ MORE