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India’s Manufacturing Surge Fuels Warehousing Demand: A New Growth Era

A Significant Shift in the Landscape of Industrial Warehousing National – September 26, 2024 – A recent report from CBRE South Asia Pvt. Ltd., a leader in real estate consulting, has unveiled a transformative trend in India’s manufacturing sector that is dramatically reshaping the demand for warehousing space. Titled “Fortifying India’s I&L Landscape with a […]

Office Space Demand Hits Record High: 47 Million Sq Ft Leased in 2024

Unprecedented Growth in Leasing Activity Drives Market Confidence Bengaluru, 26th September 2024: The demand for Grade A office space across India’s top six cities has surged to an impressive 46.7 million sq ft in the first nine months of 2024, marking a remarkable 23% year-over-year growth. The third quarter alone saw leasing activity soar to […]

Residential Real Estate Takes a Breather: Q3 2024 Housing Sales Decline Across Major Cities

Sales Down 11% YoY, but Demand Outpaces New Launches Mumbai, 26 September 2024: In a notable shift after a robust two-year period, residential real estate sales in the top seven Indian cities dipped by 11% year-on-year in Q3 2024, totaling approximately 107,060 units sold compared to 120,290 units in Q3 2023. Despite this decline, the […]

Bengaluru Reigns Supreme: India’s Hub for Global Capability Centres

Bengaluru: The GCC PowerhouseBengaluru has established itself as India’s premier destination for Global Capability Centres (GCCs), capturing a remarkable 36% of the GCC workforce in the first two quarters of FY25. A report from TeamLease Digital highlights the city’s dominance, driven by a thriving high-tech sector that constitutes 37% of the workforce. Professional services, particularly […]

Flex Spaces Surge as Corporations Embrace Flexible Work Environments

Occupancy Levels Soar Above 80% Across Major Markets Mumbai, September 25, 2024: A new report from Knight Frank India, titled Flexing the Future: Assessing the Readiness of Flex Spaces for Evolving Commercial Real Estate Demands, reveals that flex workspaces are experiencing exceptional demand, with occupancy rates exceeding 80% in all major office markets. Notable cities […]

Festive Surge: Housing.com Reports 10% Spike in Online Home Searches for August 2024

Delhi-NCR Leads the Pack, Indore Shines in Tier-2 City Category National, September 25, 2024 – Housing.com, India’s premier proptech platform, has unveiled its latest findings from the IRIS (Indian Residential Index for Online Search) Index, revealing a notable 10% month-on-month increase in online property search activity for August 2024. This surge propels the index to […]

Demand for Housing Sees Strong Growth in Q3 2024, Residential Demand Surges by 12.3% Amidst Rising Property Prices: Magicbricks Report

The Indian real estate market continues to experience a significant surge in residential demand, with a 12.3% increase quarter-on-quarter (QoQ) between July and September 2024, according to Magicbricks’ latest PropIndex Report. The rise in demand comes alongside an 8.3% increase in residential prices across major cities. Price Hikes in Key Markets The report highlights notable […]

Indian Startup Funding Sees Marginal Decline in 2024, Funding Drops 7% in the First Nine Months

Indian startups witnessed a slight dip in funding during the first nine months of 2024. According to data from Tracxn’s India Tech 9M 2024 report, total funding fell by 7% to $7.6 billion, compared to $8.2 billion during the same period last year. Additionally, the number of funding rounds decreased significantly, from 1,579 in 2023 […]

India’s Economic Outlook Brightens: Moody’s Boosts Growth Forecast to 7.1% for 2024

Forecast Revision Signals Positive Trends in Domestic Demand and Investment Moody’s has raised its growth forecast for India in calendar year 2024 to 7.1%, an increase from its previous estimate of 6.8% made in June. This upward revision highlights India’s potential to outpace the global economy and reflects a broader trend in the Asia-Pacific region. […]

Interest Rates Set to Drop Next Month: A Boon for Home Loan Borrowers

As October 9 approaches, home loan borrowers may receive a significant relief with a potential reduction in EMI payments. According to a recent report from S&P Global Ratings, the Reserve Bank of India (RBI) is expected to cut the repo rate, benefiting not only individuals but also the real estate sector. Economic Growth Projections Remain […]