Information Technology (IT) sector continued to dominate the office leasing activity in India in 2017. *Grade A office data only For more details login to office.propstack.com
Top CRE markets in India will witness lease expiries of 6 msf in Q1 2018, up by 66% compared to Q1 2017. *Grade A office data only For more details login to office.propstack.com
Hyderabad recorded highest leasing activity of 3.4 msf in Q3 2017. Catering to the increasing demand for quality office space, the city witnessed the addition of 3.5 msf this quarter. *Grade A office data only For more details login to office.propstack.com
Mumbai saw total office space absorption of 7 million sft till the third quarter in 2017, IT buildings leading with 32 %. The city continued to witness higher office vacancy for Non-IT buildings in 2017 whereas vacancy in IT buildings, was less in comparison. *Grade A data only For more details login to office.propstack.com
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 »
Cushman & Wakefield Research and Propstack present their analysis of the housing projects in the Mumbai Metropolitan Region (MMR) that were registered until 31st August 2017. KEY HIGHLIGHTS OF THE REPORT We analysed 5,620 projects registered on MAHARERA with cumulative area of 506 msf. New launches in the future likely to be muted for the… Read More »
Let’s re-look at our past ten infographic highlights for the Indian CRE Market. 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… Read More »
Hyderabad office supply in SBD II micromarket increased significantly. Strong leasing activity and entry of multinational giants, absorbed the new supply, keeping vacancy low for IT SEZ buildings. *Grade A office data only For more details login to office.propstack.com
In 2017, the office leasing activity in Bangalore remained strong and maintained its momentum. 100000+sf deals contributed to nearly 79% of the total Gross absorption Nearly 84% of the total 100,000+sf transactions are New Leases. *Grade A office data only For more details login to office.propstack.com
Pune office rentals have been on an upswing due to limited availability coupled with steady demand for quality office space. Therefore Pune’s office average yield is increasing every year. Propstack analyzed the rent-yielding micromarkets. PBD west offers the highest yield for prime office space. *Yield mentioned is Gross Yield *Grade A office data only For more details login to office.propstack.com
