Category Archives: Delhi
Propstack Insights: 30% decline in loan sanctioned to developers in Q4 2018
Propstack Insights: 50 mn Sq. ft. of office lease expiries in 2019
The top 8 cities in India will witness cumulative office lease expiries of 50 mn Sq. ft. in 2019. Out of 50 mn Sq. ft. lease expiries in 2019, 73 % is contributed by IT buildings. The top 8 cities in India will witness cumulative office lock-in expiries of 80 mn Sq. ft. in… Read More »
Propstack Insights: India Real Estate Review
Propsense Q3 2017 Released-Gross Absorption was 12.1 msf spread across 438 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 12.5% during end of the quarter. Massachusetts Institute of Technology (MIT) in collaboration with Propstack has built India’s office realty rent indices for top 6 cities. These indices depict the growth of office rents since… Read More »
Propstack Insights on Developer Loans market [Ambit report]
Ambit Capital released a thematic report on ‘Real estate Lending’ which uses Propstack Loans data to offer unique and differentiated insights for investors and industry professionals. We have highlighted some of the insights derived from Propstack Loans data product. As per Propstack data, overall total outstanding sanctions of lenders to the sector are Rs 5.9… Read More »
Propstack Insights: : IT sector dominates office leasing in 2017.
India’s Office Rent Indices by Propstack & MIT
Massachusetts Institute of Technology (MIT) in collaboration with Propstack has built India’s office realty rent indices for top 6 cities. These indices depict the growth of office rents since 2010. Both MIT and Propstack believe that an indicator tracking the rental growth like Rent Index can be important for an emerging market like India, promoting better… Read More »
Propstack Insights: Developer Loans cross 1 lakh crores in 2017
Total 642 loans were registered in the first six months of 2017. March recorded highest 33% registration in H1 2017. Since loans are registered typically 30-45 days later, numbers for May and June are expected to increase as the year progresses. More than 1 lakh crores worth of developer loans (charges) were registered in H1… Read More »
Taking up new office spaces: Mumbai ranks second in India
Mumbai accounted for 18 per cent of office space absorption — the second highest in the country— in the first quarter of 2017, said a report from real estate consultancy CBRE. While this was on a par with Bengaluru, the National Capital Region (NCR) ranked first, accounting for 19 per cent of all transactions. According… Read More »
Connaught Place world’s 9th most costly office location
Delhi’s Connaught Place is the world’s 9th most expensive office location with annual prime rent of USD 105.71 per sq ft, says property consultant CBRE. Mumbai’s Bandra Kurla Complex (BKC) is at 19th position while the central business district (CBD) of Nariman Point is at 30th place in the CBRE’s Global Prime Office Rents report.… Read More »