Propstack is excited to launch the industry’s most anticipated and never before seen CRE Analytics dashboard! The wait is over – with the CRE Portfolio Analytics dashboard. Propstack users can: View & Analyze pan-India CRE (by individual occupier) activity in a single window Square footage across cities and individual properties of active leases, Monthly rental outflow by city, Aggregate… Read More »
A CAM (Common Area Maintenance) charge is an additional cost, added to the base rent, paid collectively for the maintenance of the commonly owned premises such as the parking lot, lawns, corridors, lobbies, elevators, etc. Propstack compared CAM fee across top cities in India to assess the micromarkets with highest CAM fee. Rest of Gurgaon… Read More »
The demand for a furnished plug and play office space in Mumbai is increasing steadily, average rentals for the furnished offices have however declined. Propstack observed that the number of furnished transactions increased by average 16% y-o-y, whereas the rentals have decreased by average 4%. *Grade A office data only and includes renewals For… Read More »
Occupiers across cities prefer taking up office spaces in SBDs and PBDs. The transition is driven by occupiers demand for affordable rents, Grade A offices, expansion space and transit-served markets. Propstack analysed > 25,000 sf deals in 2017. SBDs outshine CBDs. > 25000 sf Deals total area – 2017 (in msf) *Grade A… Read More »
The office construction completions slows in HY1 2017, with 6.7 msf delivered across cities, down by 48% compared to H1 2016. New completions across top 7 CRE markets. *Grade A office data only To get more CRE insights login to www.propstack.com
Top 7 CRE markets in India recorded leasing activity of 26 msf in the first half of 2017 compared to 24.5 msf during the same time last year. Gross Absorption for Chennai and Noida more than doubled in H1 2017 compared to H1 2016. Hyderabad also witnessed a sizeable growth in leasing activity in H1… Read More »
Propsense Q2 2017 Released Gross Absorption was 13.5 msf spread across 430 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 11.9% during end of the quarter. To know more about major deals, transacted rates, net absorption and micromarket level statistics for the top 7 cities login to… Read More »
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 »
Lets re-look at our past ten infographic highlights for the Indian CRE Market. IT Parks and Offices led leasing activity last year in Pune with 65% contribution in absorption. Furnished spaces seemed to be Occupiers choice last year in Pune. 60% of the total deals in 2016 were furnished with average rentals between INR 60-70/sf/month. The… Read More »
India has seen a surge in Private Equity investments in the recent years. Leading global private equity funds have invested in trophy commercial real estate assets across top cities of India to reap benefits of attractive yields. We, at Propstack, looked at the historical performance of some of the micromarkets where the properties acquired by these institutional… Read More »
