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CBRE India Residential Market View report

Delhi/NCR: Office space absorption increased 11% in Q2 2014

Delhi/NCR: Office space absorption increased 11% in Q2 2014
In a report released on Sunday, global property consultant DTZ said that the April-June 2014 quarter witnessed an 11 percent year-on-year increase in office space absorption in Delhi-NCR. As a result of the increase, office space absorption in the Delhi-NCR region touched 1.38 million sq ft during the reporting quarter. However, as per the DTZ [...] Continue Reading »

Office space absorption in Kolkata plunged 30% in Q2 2014

Office space absorption in Kolkata plunged 30% in Q2 2014
Property consultant CBRE has revealed in its recently-released India Office Market View for 2014 second-quarter report that absorption rates for office space in the Kolkata market witnessed a nearly 30 percent quarter-on-quarter plunge. According to the report, the movement of office space in Kolkata during the April-June quarter was notably ‘slow;’ with the key contributor to the overall [...] Continue Reading »

C.P in New Delhi- Eighth most expensive office destination: CBRE Reports

C.P in New Delhi- Eighth most expensive office destination: CBRE Reports
We thought Japan, New York and London top the list as the most expensive places in the world, however our own national capital is not far away in the race. Connaught Place (C.P) in New Delhi has slipped down one notch to become the world’s eighth costliest office destination, property consultant CBRE said on Thursday. [...] Continue Reading »

Slow economic growth adversely affects housing demands

Slow economic growth adversely affects housing demands
According to CBRE’s bi-annual India Residential Market View report for H2 2013, a slow economic growth, coupled with high property prices and steep interest rates, resulted in feeble demand for housing during the second half of 2013 Mumbai’s housing market remained largely stable, with a slight positive reception in selected premium micro-markets. In comparison to [...] Continue Reading »



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