2.6 msf lease expiries in hyderabad in 2017. Total Monthly Rental Revenues IT SEZ contribute to 48% of the expiries *Grade A data only and Includes renewals
Hyderabad has become the new investment destination for Bengaluru’s commercial property developers at a time when the city’s real estate market is on a revival mode after almost half a decade of political turmoil. Companies such as DivyaSree Developers, Salarpuria Sattva, Embassy and RMZ Corp have built or are in the process of building a… Read More »
3000 Crores (~ $ 0.5 Bn) Annual Rents Expiring Across India in 2017. Approximately 30 msf space of nearly 1600 deals contributing more than 255 crores to monthly rental revenues to expire in 2017. Top 3 CRE Markets -Bangalore, Gurgaon and Mumbai together contribute approximately 73% to the volume of lease expiries in 2017. Bangalore… Read More »
Demand for warehousing space continued to remain strong during the year 2016 with over 10 million sq ft space leased across leading cities of India. The engineering, manufacturing and e-Commerce companies leased 22% of the total space transacted during the year, while third-party logistics companies share stood at 21% and FMCG players at 17%, showed… Read More »
ArthVeda Fund Management, part of financial services conglomerate Wadhawan Global Capital, is planning to raise $1 billion to invest in affordable housing projects across the country, said a top company official. The asset management company recently received $250 million commitment from Qatar Holding, part of Qatar sovereign fund, for its affordable, low and middle income… Read More »
Osmansagar and Himayatsagar, the two lakes that have quenched the city’s thirst for decades, are set to lose their status as drinking water reservoirs for Hyderabad. The move to de-notify the two lakes as the city’s drinking water sources, it is reliably learnt, is to facilitate scrapping provisions of government order (GO) 111 that prevents… Read More »
Retail space absorption in Hyderabad has picked up pace after remaining subdued for years due to regional agitations and political uncertainty. According to property consultants, more than half a dozen large retailers, including global brands H&M, Forever21 and GAP, and domestic players Reliance, Shoppers Stop and Central, recently agreed to absorb nearly 2.6 million square… Read More »
Waking up to the dangers of illegal structures, particularly after the building collapse at Nanakramguda that killed 11 people in December, the municipal administration department has decided to amend laws to make it tougher for people to register properties. The new law will ensure a builder or developer cannot sell flats or plots to people… Read More »
Strengthening business confidences resulted in net absorption of office space across the top eight cities to 34 million square feet (msf) during 2016, according to an international property consultant Cushman & Wakefield. Of the total uptake of office space, nearly 40% of the total net absorption took place in the last quarter of 2016. Bengaluru… Read More »
While 2016 was a good year for Hyderabad’s commercial leasing sector, with offices furiously picking up a whopping 6 million square feet along the city’s IT belt, this year will be no different, says the latest report published by CIRIL, a country-wide real estate network. According to the report, Hyderabad stands ahead of cities like… Read More »
