CBDS
We wish to grow in SOBO market which will see resurgence of residential developments: Boman Rustom Irani, Keystone Realtors
Keystone Realtors, led by Boman Rustom Irani, are expanding into SOBO due to city infrastructure growth. FY25 outlook is positive, with FY24 surpassing expectations. Strong OCF, acquisitions, and partnerships contribute to the company's success. The real estate sector in Mumbai is poised for growth, driven by infrastructure development and a surge in redevelopment projects.
Bhive Launches it's largest 1.5 lakh square feet coworking facility in Bangalore’s Central Business District
“The co-working industry in India is at an inflection point with the rapid proliferation of such facilities across the industry and occupiers across sectors actively taking up spaces. The co-working space will offer nearly 3,500 seats and many offerings like food and beverages,” Shesh Paplikar, Founder and CEO of BHIVE Workspace, said.
About two-third of the overall REITable stock in India falls in secondary business districts
Amongst these SBDs, the SBD of Hyderabad holds the highest quantum of REIT-worthy stock with 28% share, followed by Bengaluru at 24% Additionally, over 60% of the Grade A stock within SBDs is REIT-worth, mentioned Colliers.
ET Trailblazers: Meet Ashwini Bhide, who is redefining the future of transportation with the first fully underground Mumbai Metro Line 3
At ET Trailblazers, a multimedia series featuring women leading the change in various fields, Ashwini Bhide, MD of Mumbai Metro Rail Corporation and Additional Municipal Commissioner of BMC, shares her vision for shaping the future of seamless connectivity, smart and safe mobility, and women-friendly transportation.
Flexible office operators leased 8.8 million sq ft in 18 months: Report
The first half of 2022 saw the flexible office segment receiving prominence in the occupier space strategies. As such, the share of flexible offices in leasing activity rose to 20.4%, the highest to date. Flexible offices leased 2.8 million sq. ft in the second quarter of 2022, the highest in three years and the first half of 2022 numbers are already 30% higher than the annual flex space take-up for both 2020 and 2021 individually.
- Go To Page 1
Law firms go for bigger, smarter office spaces as business grows
The firms are on the lookout for buildings that offer better connectivity, multifunctional spaces, collaborative environment, good recreational and rest areas that have open spaces, according to property consultants and law firms.
Bengaluru leads APAC region with QoQ rental growth of 5.8% in Q1 2022
Of the 23 cities tracked by Knight Frank’s Asia-Pacific Prime Office Rental Index, 21 cities recorded stable or increasing rents in Q1 2022, as compared to 13 in the previous quarter.
Prepare for the death of the central business district — and, out of it ashes, the birth of a new ‘workplace’
While 'industry experts' debate the merits and demerits of WFH/WFA vs office, the folks who have to do the work seem to have expressed their preferences. Most of them don't prefer the commute and cubicles. So why shouldn't smart companies opt for 'less-dense' remote options?
Real estate sector sentiment at all-time high in Q4 2021, shows report
As per the report, the Future Sentiment score, that gauges the stakeholders’ expectation in the short to medium term, also remains in the optimistic zone, albeit, dipped from 72 in Q3 2021 to 60 in Q4 2021, reflecting a prudent optimism as the Omicron inflicted risk on the Indian economy is yet to be discerned.
Retrofitting outdated office stock holds investment potential of Rs 9,000 crore
As per the report, the upgradation of buildings will make them more investible, which investors and developers can then bundle into a REIT. Currently, investors are betting on under-construction buildings due to a lack of readily investible assets.
Karnataka CM Basavaraj Bommai to personally supervise Bengaluru's mega projects
The mega projects that he will personally supervise include metro, outer ring road, high speed train from international airport to the city centre.
Most investors upbeat about investing in the commercial real estate market, says report
The brokerage firm said that COVID-19 pandemic and the subsequent lockdown impacted the entire Q2'2020 for the commercial realty leasing, the tenant-landlord discussions centred on business continuity planning and cost optimization measures.
Office space absorption in APAC expected to pick-up in second-half of 2021: Report
Nine major office markets globally - Shanghai, Beijing, Tokyo, Hong Kong SAR, Singapore, Bangalore, Sydney, Melbourne, and Auckland - have been hit due to outbreak of covid-19.
Bengaluru, Mumbai CBDs office rentals to rise in 2020 on resurgent IT demand: Report
According to the report, the Central Business Districts (CBDs) of Bengaluru and Mumbai are likely to see increase in office rentals in 2020.
Bengaluru CBD outperforms Asia-Pacific office rental growth in Sep quarter: Report
Increased activity by manufacturing companies, new and higher priced stock coming online in the Central Business District (CBD) of Bengaluru along with higher rentals being charged by renovated properties caused rentals to move up.
Connaught Place 9th most expensive office location in the world: CBRE
CP, located in the heart of the national capital, was at the ninth position even last year.
Office rentals in key Indian CBDs see sharp quarterly surge: Report
While rental values in Mumbai’s Bandra Kurla Complex remained steady vacancy levels dropped lower and limited new supply entered the market.
Domestic institutions renew their focus on commercial properties
While the appetite for completed and leased commercial assets continues to rise, many funds are even scouting for under-construction properties in prime locations.
Secondary business districts in demand across Indian office markets
Private equity player Milestone Capital Advisors recently acquired office space in The Capital building and has also leased it out to one of the co-working space provider.
A look at 11 real estate hotspots across India
ET identifies 11 real estate hotspots across the country that are reaping the benefits of improved connectivity, infrastructure, etc.
India office demand reached ten quarter high in Q3: CBRE
The quarter recorded a growth of 9% on a q-o-q basis and 14% on a y-o-y basis. As on September 30, 2016, overall prime office space absorption across the seven leading cities was about 28 million sq. ft. for the year.
Office space take up witnesses 46% on-quarter rise in April-June, CBRE
IT/ITeS continued to be the largest demand driver for office space, recording over 50% of the total leasing activity recorded in the quarter.
Office space vacancy dips to 15% in 2015 from around 19% in 2013
Vacancy in Bengaluru has come down to 4% from 16% in 2011. In Pune, it is down to 5% from 18%, while Chennai has seen it easing from 32% in 2010 to 12.5%.
Office space absorption up 17 per cent in 2015 at 35 million sq ft: JLL India
Office rentals also increased in the seven cities - Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad and Kolkata.
Mumbai office rentals drop 4% in Q1 as CBD loses out to suburbs
The city's CBD Nariman Point has been steadily losing its edge over the past five to six years and rentals here have slipped 3.4% in the past one year.
Mumbai office rentals dip 4% in Q1, Nariman Point rates down 3.4% in a year
Mumbai, the country’s commercial capital, has witnessed 4 per cent drop in average prime office rentals in the first quarter ended March.
Office space leasing up 26% in Apr-Jun in top 7 cities
Office space absorption rose by 26% to nearly 8 mn sq ft during April-June in seven cities on improvement in demand from corporates.
Delhi's Connaught Place fourth costliest office location in the world
Connuaght place has an occupancy cost of $162 per sq ft annually, according to C&W's annual survey that has ranked locations across 63 countries.
Load More
