The top 8 cities in India will witness cumulative office lease expiries of 50 mn Sq. ft. in 2019. Out of 50 mn Sq. ft. lease expiries in 2019, 73 % is contributed by IT buildings. The top 8 cities in India will witness cumulative office lock-in expiries of 80 mn Sq. ft. in… Read More »
The office construction completions slows in 2017, with 20.68 msf delivered across cities, down by 17% compared to 2016. *Grade A office data only For more details login to office.propstack.com
Propsense Q3 2017 Released-Gross Absorption was 12.1 msf spread across 438 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 12.5% during end of the quarter. Massachusetts Institute of Technology (MIT) in collaboration with Propstack has built India’s office realty rent indices for top 6 cities. These indices depict the growth of office rents since… Read More »
Propsense Q4 2017 Released Gross Absorption was 15.7 msf spread across 444 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 12.2% during end of the quarter. To know more about major deals, transacted rates, net absorption and micromarket level statistics for the top 7 cities login to office.propstack.com *Grade A office data only
A look at the ‘Last Modified Date’ field for all the projects in MMR & Pune registered on MahaRERA reveals that 65% of the projects have not updated the data in the last 3 months. As per clause no. 20, the Maharashtra RERA act says that the project information needs to be updated at the… Read More »
Information Technology (IT) sector continued to dominate the office leasing activity in India in 2017. *Grade A office data only For more details login to office.propstack.com
Top CRE markets in India will witness lease expiries of 6 msf in Q1 2018, up by 66% compared to Q1 2017. *Grade A office data only For more details login to office.propstack.com
Hyderabad recorded highest leasing activity of 3.4 msf in Q3 2017. Catering to the increasing demand for quality office space, the city witnessed the addition of 3.5 msf this quarter. *Grade A office data only For more details login to office.propstack.com
Mumbai saw total office space absorption of 7 million sft till the third quarter in 2017, IT buildings leading with 32 %. The city continued to witness higher office vacancy for Non-IT buildings in 2017 whereas vacancy in IT buildings, was less in comparison. *Grade A data only For more details login to office.propstack.com
Massachusetts Institute of Technology (MIT) in collaboration with Propstack has built India’s office realty rent indices for top 6 cities. These indices depict the growth of office rents since 2010. Both MIT and Propstack believe that an indicator tracking the rental growth like Rent Index can be important for an emerging market like India, promoting better… Read More »
