office space demand
Bangalore- Bangalore’s emerging real estate areas, Hebbal and K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank’s report. In the next five years, the two areas would witness an average price appreciation of 94% and 91% respectively, states an investment advisory and research report put out by [...] Continue Reading »
Office space demand has increased in Noida recently. The demand for small space in the category of 500-2000 sq ft has witnessed the highest demand. However, the supply of these units have been limited, leading to rise in rental values in the last six months. Supply of office units is limited in sectors 18, 124, [...] Continue Reading »
After a slowdown in the first two quarters of 2012, India is witnessing a rise in demand for commercial rental spaces. Major cities such as Mumbai, Delhi-NCR, Bangalore, Chennai, Hyderabad, Pune, and Kolkata saw a total of 7.6 million sq ft office space absorption in the July to September as compared to 5.9 million in [...] Continue Reading »
The office space market in Bangalore seems to have taken a hit as office space absorption has been dropping by about 12 percent quarter-on-quarter. According to Jones Lang LaSalle (JLL) India, the first quarter witnessed growth due to companies like Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark [...] Continue Reading »
The National Capital region (NCR) is expected to observe an additional supply of 48 million sq. ft. of office space over the next three years which may lead to fall in rentals, realty consultant Knight Frank said. The majority of the office supply is likely to crop up in Gurgaon and Noida markets while the [...] Continue Reading »
