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commercial office space

Connaught Place 5th expensive office space in world

Connaught Place 5th expensive office space in world
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »

14% slowdown in office space consumption

14% slowdown in office space consumption
According to international real estate consultancy CBRE’s India Office Market View 2012, the absorption of office space had a sequential fall of 14% across seven key cities ended September, a fall of about six million sq ft, compared with about seven million sq ft in the previous quarter. National Capital Region (NCR), Mumbai and Bangalore, [...] Continue Reading »

Chennai commercial space decilne

Chennai commercial space decilne
Chennai commercial space seems to have taken a hit due to uncertain global market conditions. According to Knight Frank India, the Information Technology(IT) sector has witnessed a decline on the use of commercial office space in Chennai. The office market in Chennai is predominantly covered by the IT and IT-enabled services sector. In the first [...] Continue Reading »

C&W to open new office in Ahmedabad

C&W to open new office in Ahmedabad
Global real estate consultant Cushman & Wakefield has announced that they would be opening their new office, their 10th one in the country, in Ahmedabad. It bears testimony to growing Gujarat real estate market which has seen active industrial growth in the state in the last few years. Gujarat has seen a model growth in [...] Continue Reading »



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