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Office Space

NBCC sells office/commercial space worth Rs 14,800 crore

NBCC sells office/commercial space worth Rs 14,800 crore

Thu, Aug 29, 2024

The company has sold office space at WTC in Nauroji Nagar for Rs 13,408.7 crore, and retail and commercial space at Downtown in Sarojini Nagar for Rs 1,390.92 crore in the national capital.

Strong start to office real estate in India in 2024: Report

Strong start to office real estate in India in 2024: Report

Sun, Apr 28, 2024

The southern cities of Bengaluru, Chennai, and Hyderabad accounted for 61 per cent of the pan-India absorption in the first quarter of 2024, increasing its share from 54 per cent a year earlier, the Vestian report said.

Office space leasing in Delhi-NCR drops 25% annually in Jan-Mar: Vestian

Office space leasing in Delhi-NCR drops 25% annually in Jan-Mar:...

Sat, Apr 27, 2024

The office space leasing in Delhi-NCR fell 25 per cent annually to 18.1 lakh square feet in January-March this year on lower demand from corporates, according to real estate consultant Vestian.

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Coworking firms take on lease 31 lakh sq ft office space in January-March, up 7% annually: CBRE

Coworking firms take on lease 31 lakh sq ft office space in Janua...

Sun, Apr 07, 2024

Co-working firms had taken on lease 29 lakh square feet of office spaces from property owners in the year-ago period. In its latest report on the Indian office market, real estate consultant CBRE noted that flexible operators became second largest contributor to the total gross demand for office spaces during the quarter ended March 2024.

Net leasing of office space up 44% at 115 lakh sq ft during Jan-March in top 8 cities: Report

Net leasing of office space up 44% at 115 lakh sq ft during Jan-M...

Sat, Mar 30, 2024

Gross leasing of office space across eight cities rose 33 per cent to 201.31 lakh (20.13 million) sq ft in January-March from 151.57 lakh sq ft in the corresponding period of the previous year.

Office space demand in January-March set to rise 35% in 6 cities; 2-fold jump in Hyderabad: Colliers

Office space demand in January-March set to rise 35% in 6 cities;...

Sat, Mar 23, 2024

As per the data, the total gross leasing of office space is estimated to rise to 13.6 million square feet across six major cities -- Bengaluru, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune -- during the first quarter of 2024.

Office space demand likely at 50-55 million square feet this year across top 6 cities: Report

Office space demand likely at 50-55 million square feet this year...

Sat, Mar 09, 2024

Office space demand in India's six major cities will remain healthy this year as domestic and foreign firms are expected to lease 50-55 million square feet area to expand their businesses, according to a FICCI-Colliers report.

India office leasing set to surpass 50 million sq ft in 2024, marking a 'new normal' in commercial real estate: FICCI Colliers Report

India office leasing set to surpass 50 million sq ft in 2024, mar...

Tue, Mar 05, 2024

The report released by trade body FICCI and investment management company Colliers International at the 17th edition of the FICCI Real Estate Summit highlighted the unprecedented leasing activity witnessed in 2022 and 2023, establishing a 'new normal' with leasing activities leading to such expectations in 2024.

Office demand jumps 92% in Oct-Dec in top 6 cities; workspace leasing rises 16% in 2023, reports Colliers

Office demand jumps 92% in Oct-Dec in top 6 cities; workspace lea...

Sun, Dec 24, 2023

Real estate consultant Colliers India report shows that gross leasing of office space stood at 20.2 million square feet in the fourth quarter of this calendar year from 10.5 million square feet in the year-ago period.

Bengaluru sees 28% fall in office demand in Jul-Sep; new supply to dips 25%, reports Vestian

Bengaluru sees 28% fall in office demand in Jul-Sep; new supply t...

Mon, Nov 20, 2023

In Bengaluru, the absorption of office space fell 28 per cent year-on-year to 3.6 million square feet during September quarter 2023 from 5 million square feet in the year-ago period.

Green-certified office space stock up 36% across top 6 cities since 2019: CBRE-CII report

Green-certified office space stock up 36% across top 6 cities sin...

Wed, Sep 27, 2023

Real estate consultant CBRE and industry body CII on Wednesday released its report titled, 'Indian Real Estate: Taking Giant Strides - 2023 Mid-Year Outlook' at CII Realty conference here. According to the report, green-certified office stock stood at 251 million square feet in 2019.

Office space leasing falls 22% in April-June in top 8 Indian cities: Cushman & Wakefield

Office space leasing falls 22% in April-June in top 8 Indian citi...

Sun, Jul 02, 2023

In Mumbai, the gross office space leasing fell 9 per cent, while Chennai and Kolkata saw 41 per cent and 32 per cent declines, respectively.

Embassy REIT to invest Rs 850 cr to develop 1.9 mn sq ft office space in Bengaluru

Embassy REIT to invest Rs 850 cr to develop 1.9 mn sq ft office s...

Sun, Jan 30, 2022

Embassy Office Parks REIT will invest Rs 850 crore to develop nearly two million square feet office buildings in Bengaluru as the company remains bullish on demand for premium workspace.

Office space demand up by 50% on year-on-year basis in 2021, global real estate consultancy firm says

Office space demand up by 50% on year-on-year basis in 2021, glob...

Sun, Jan 23, 2022

Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, said global real estate consultancy firm Colliers.

Outlook 2022: 7 emerging trends in office space industry

Outlook 2022: 7 emerging trends in office space industry

Thu, Dec 23, 2021

"Several companies across the globe had asked their work force to work from home and increasing number of people now want a mixture of working from home and going back to the workplace."

Office leasing up 34 % in July-Sep in 6 cities; down 1 % in Jan-Sep: Colliers

Office leasing up 34 % in July-Sep in 6 cities; down 1 % in Jan-S...

Thu, Oct 21, 2021

The gross leasing of office space rose 34 per cent year-on-year to 10.3 million square feet during the July-September period in six major cities on higher demand from corporates and coworking operators after the second wave of the COVID pandemic.

Real estate alert! Will Covid-19 pandemic impact office space demand? Here is what experts predict

Real estate alert! Will Covid-19 pandemic impact office space dem...

Tue, May 26, 2020

As Covid-19 pandemic cases continue to rise, people are locked down inside their homes and prefer to work from home. Will this impact office space demand?

Office space supply up 46 pct in January-March at 13.4 mn sq ft in 9 top cities: CBRE

Office space supply up 46 pct in January-March at 13.4 mn sq ft i...

Thu, Apr 18, 2019

The increase in supply was because of rising demand of office space in Hyderabad, which for the first time overtook Bengaluru, at 3.5 million sq ft in the January-March period of 2019.

Real estate buzz: Hyderabad beats Bengaluru in office space leasing in the first quarter of 2019

Real estate buzz: Hyderabad beats Bengaluru in office space leasi...

Wed, Apr 17, 2019

Real estate, especially the office space leasing in Hyderabad has been buzzing because it has trumped Bengaluru in taking up space in Jan-March 2019 quarter.

Office space leasing flat at nearly 13 mn sq ft in Jan-Mar; Hyderabad overtakes Bengaluru: CBRE

Office space leasing flat at nearly 13 mn sq ft in Jan-Mar; Hyder...

Wed, Apr 17, 2019

Office space leasing in Hyderabad rose to 3.5 million sq ft during January-March 2019 from 1.1 mn sq ft in the year-ago period. However, Bengaluru saw a sharp decline in absorption space to 2.5 million sq ft from 5.5 million sq ft during the period under review.

Have a business? This is why you need to be in a co-working space

Have a business? This is why you need to be in a co-working space

Mon, Feb 25, 2019

There are no large companies shifting into these smaller spaces, but as far as SMEs and entrepreneurs are concerned, there is no argument against the fact that small is the best for them as they look to scale up their businesses.

What drove office leasing space in 2018?

What drove office leasing space in 2018?

Tue, Jan 22, 2019

Office leasing activity is expected to remain stable in the short term, backed by corporates looking to expand or consolidate their operations, property consultant CBRE said in a report.

Real estate: Commercial office space absorption growth trebles in a year

Real estate: Commercial office space absorption growth trebles in...

Fri, Dec 14, 2018

Net absorption in commercial office segment across India will exceed 39 mn sq feet by 2020 on the back of strong supply pipeline and stable vacancy levels, a JLL and Confederation of Indian industr

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