THE REALTY NEWS’ Post

Our latest report Unravelling the Trends Shaping India's Real Estate Market in 2024 was unveiled at the #CIIRealty2024 conclave in the national capital earlier today💡👏 Key findings: -India's #office market exceeded expectations in 2024, registering the highest January to September leasing activity on record (~54 million sq. ft); office absorption projected to reach ~70 million sq. ft. by the end of the year (#GCC space-take up expected to account for 35-40% of this)👩💼 -💵#Capitalmarkets witness resurgence on the back of investment inflows into built-up office assets and a strong acquisition pipeline for land in the residential sector, scaling a new peak to reach USD 8.9 billion in 9M 2024; we anticipate overall equity investments into India’s RE sector to be in the USD 10 – 11 billion range in 2024. -#Residential sales during 9M 2024 exceeded 225,000 units, fuelled by ~215,000 new launches. The premium and #luxury categories contributed 16% to the overall housing sales (up from 6% in 9M 2019)🏠 🛍️India's #retail leasing remains resilient, with ~4.5 million sq. ft. absorbed during Jan-Sep’24 -#Industrialandlogistics space take-up reaches 27.5 million sq. ft. in 9M 2024, dominated by third-party logistics (3PL) firms👨🏭 -Alternates such as #datacentres, #flexibleworkspaces, and #lifesciences continue to gain traction, offering exciting opportunities for growth and diversification🏗️. Read the full report for granular details (no sign up needed): https://lnkd.in/gXzsQzSU #cbreindia #realestate #commercialRE #residential #office

Gross office space leasing in 2024 may rise 14% to record 70 mn sq ft in top 9 cities: CBRE India's gross leasing transactions of office space are estimated to rise 14 percent this calendar year across nine major cities to record 70 million square feet, aided by better demand from global and domestic corporates, according to CBRE. Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said, "India’s office market leasing is projected to remain strong in 2024, with Q3 (July-September ) of 2024 reflecting sustained absorption. The demand is driven by global and domestic occupiers, who are expected to continue expanding their operations and consolidating their facilities to strengthen their market presence. #realestate #property #therealtynews #investors #investments #commercial #officespace #officeleasing #demand #growth #data #report #realestatedevelopers #realestateagents #leasingagents CBRE https://lnkd.in/gCRH_ikR

India's commercial real estate market is on fire! 🔥 According to the latest report from Colliers in collaboration with FICCI, the demand for office spaces is set to hit an all-time high, crossing the 50 million square feet mark for the third consecutive year! But wait, there's more - we're talking about scaling up to a whopping 60 million square feet in 2024! 📈 Here are the key highlights that will blow your mind: Domestic enterprises are leading the charge, accounting for over half of the office demand in 2024. Global Capability Centers (GCCs) are also making their mark, contributing over 40% to the total demand. The BFSI and Engineering & Manufacturing sectors are driving the demand for Grade A office spaces. Flex spaces are the future, expected to make up 15-20% of all leasing activities in 2024. Big deals are the name of the game, with large-sized deals of 100,000 square feet or more projected to dominate 50-55% of leasing activity. And let's not forget about the Power Business Districts (PBDs), expected to contribute 30-35% to Grade A office demand in 2024. India's commercial real estate market is booming, and the possibilities are endless! #CommercialRealEstate #India2024 #ColliersReport

What are the top commercial real estate markets in India? Get a snapshot on the subject at https://lnkd.in/gny4g5Uc Excelsior India Consultancy Services LLP #eics #realestateblog #eicsblog #sustainablerealestate #realestate #CREtrends

Real estate sector poised for significant growth over next three years: Gulam Zia What used to happen two decades back was the back office, India was supposed to be the back office of the whole world. Today that has changed. Today, the demand for upper end of the research has been growing a lot and that is something which is taking almost about 40% of the overall office absorption in the country, in the top eight cities that we always talk about. Shishir Baijal Knight Frank India #realestate #property #commercial #leasing #realestatedevelopers #realestateagents #therealtynews #investors #investments #data #report #leasingagents #hnwis #nris #coworking #managedoffice #knightfrank https://lnkd.in/eXZ5GSgj

It’s remarkable how India’s commercial real estate sector has set a promising tone in the first quarter of 2024 with a notable 35% surge in office leasing across top six cities. According to Colliers, the office leasing space went up by an impressive 13.6 million square feet (*Q1 and Q2), reflecting strong market sentiment and a robust demand. It’s commendable how despite new supply remaining steady at 9.8 million square feet, there was a 4% rise in average rental values as a result of the high demand. Interestingly, the Delhi NCR region has emerged as an important centre, with an impressive 33% of new Grade A developments being developed in this region, hinting at the region's appeal to businesses who seek modern and well-equipped spaces. This demand is led by technology, engineering, manufacturing, and BFSI sectors, which drove 58% of the total leasing volume. Amid this development, engineering and manufacturing sectors have witnessed a remarkable increase in demand for office spaces. This will mean tremendous opportunities for both occupiers and investors in future. At Intellion Offices by Tata Realty, we welcome the strong sentiment for commercial leasing and are excited for the future! Sudip Mullick, sandhya kudtarkar, Kamlesh Parekh, Farook Subedar, Santhanakrishnan https://lnkd.in/d6FruCDh #realestate #India #OfficeSpace

𝐎𝐟𝐟𝐢𝐜𝐞 𝐥𝐞𝐚𝐬𝐞 𝐭𝐞𝐧𝐮𝐫𝐞𝐬 𝐚𝐭 𝐫𝐞𝐜𝐨𝐫𝐝 𝐡𝐢𝐠𝐡 𝐚𝐬 𝐨𝐜𝐜𝐮𝐩𝐢𝐞𝐫𝐬 𝐬𝐡𝐨𝐰 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐈𝐧𝐝𝐢𝐚 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 Read more at: http://bit.ly/43eySmk • India has emerged as the 𝐟𝐚𝐬𝐭𝐞𝐬𝐭-𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐦𝐚𝐣𝐨𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 in the world.  • Last year, India surpassed the UK as the 𝐰𝐨𝐫𝐥𝐝’𝐬 𝐟𝐢𝐟𝐭𝐡-𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐞𝐜𝐨𝐧𝐨𝐦𝐲. • India is also becoming the 𝐰𝐨𝐫𝐥𝐝’𝐬 𝐦𝐨𝐬𝐭 𝐩𝐫𝐞𝐟𝐞𝐫𝐫𝐞𝐝 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐡𝐮𝐛. • 2024 is 𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐲𝐞𝐚𝐫 for India, and our current Government led by the BJP, and by our Hon Prime Minister - Mr. Narendra Modi is expected to get re-elected for the 3rd time!  • All of this has 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 for Commercial Office Buildings, Industrial Properties, Warehouses, Retail Showrooms etc. • A direct result of this is the 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐨𝐟 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 coming up (more Green buildings & LEED Certified Buildings). • Another positive effect is the𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐥𝐚𝐫𝐠𝐞𝐫 𝐬𝐩𝐚𝐜𝐞𝐬 & 𝐥𝐨𝐧𝐠𝐞𝐫-𝐭𝐞𝐫𝐦 𝐥𝐞𝐚𝐬𝐞 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬 by Indian & MNC companies. #360degrees #IndiaEconomy #CommercialRealEstate #CommercialPropertyMarket #EconomicGrowth #IndustrialGrowth #CommercialProperties #RealEstate #OfficeSpace

𝐎𝐟𝐟𝐢𝐜𝐞 𝐥𝐞𝐚𝐬𝐞 𝐭𝐞𝐧𝐮𝐫𝐞𝐬 𝐚𝐭 𝐫𝐞𝐜𝐨𝐫𝐝 𝐡𝐢𝐠𝐡 𝐚𝐬 𝐨𝐜𝐜𝐮𝐩𝐢𝐞𝐫𝐬 𝐬𝐡𝐨𝐰 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐈𝐧𝐝𝐢𝐚 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 Read more at: http://bit.ly/43eySmk • India has emerged as the 𝐟𝐚𝐬𝐭𝐞𝐬𝐭-𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐦𝐚𝐣𝐨𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 in the world.  • Last year, India surpassed the UK as the 𝐰𝐨𝐫𝐥𝐝’𝐬 𝐟𝐢𝐟𝐭𝐡-𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐞𝐜𝐨𝐧𝐨𝐦𝐲. • India is also becoming the 𝐰𝐨𝐫𝐥𝐝’𝐬 𝐦𝐨𝐬𝐭 𝐩𝐫𝐞𝐟𝐞𝐫𝐫𝐞𝐝 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐡𝐮𝐛. • 2024 is 𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐲𝐞𝐚𝐫 for India, and our current Government led by the BJP, and by our Hon Prime Minister - Mr. Narendra Modi is expected to get re-elected for the 3rd time!  • All of this has 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 for Commercial Office Buildings, Industrial Properties, Warehouses, Retail Showrooms etc. • A direct result of this is the 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐨𝐟 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 coming up (more Green buildings & LEED Certified Buildings). • Another positive effect is the𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐥𝐚𝐫𝐠𝐞𝐫 𝐬𝐩𝐚𝐜𝐞𝐬 & 𝐥𝐨𝐧𝐠𝐞𝐫-𝐭𝐞𝐫𝐦 𝐥𝐞𝐚𝐬𝐞 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬 by Indian & MNC companies. #360degrees #IndiaEconomy #CommercialRealEstate #CommercialPropertyMarket #EconomicGrowth #IndustrialGrowth #CommercialProperties #OfficeSpace

The latest report from HSBC Global Research brings some promising news about the Indian office real estate market. For someone who has closely observed the shifting dynamics of real estate, especially in the commercial sector, this report reaffirms what I’ve always believed: India's office real estate is a pillar of resilience and opportunity. The report highlights a key trend—India's office Real Estate Investment Trusts (REITs) have underperformed over the last five years. But the tide is turning. With rentals growing consistently since 2011, yet stock prices not matching that growth, current valuations present a golden opportunity for investors. Moreover, with global capability centres accounting for 35-40% of demand, multinational corporations continue to expand their presence in India. This isn’t just a trend—it’s a structural upcycle that positions India as a key player in the global office real estate market. As an advocate for real estate financial engineering, I see tremendous potential here. Investors should look beyond short-term market performance and focus on long-term fundamentals. The question isn’t whether the office real estate market will grow. It’s who will seize the opportunity first. What’s your take on the future of India’s office real estate?