Propstack Insights: Office Supply Review
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
Tag Archives: 2017
Propstack Insights: India Real Estate Review
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 »
Propstack Insights: Propsense Q4 2017 Released
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
No quarterly updates on MahaRERA for 65% projects in MMR & Pune
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 »
Propstack Insights: Developer Loans Snapshot 2017
Mumbai recorded the highest registration of loans in 2017. More than eighty-four thousand crores worth of developer loans (charges) were registered in 2017. Majority of the loans were sanctioned at an Interest rate of 12-15%. * As per data of 750+ Developers being tracked. Source: Ministry of Corporate Affairs (MCA) To get detailed insights regarding loans/charges… Read More »
Propstack Insights: : IT sector dominates office leasing in 2017.
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
Propstack Insights : Q-o-Q Office Lease Expiry Highlights: 2017-2018
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
Propstack Insights: Mumbai IT Vs Non-IT – Absorption & Vacancy Comparison
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
Propstack Insights: India CRE Review
Let’s re-look at our past ten infographic highlights for the Indian CRE Market. Top 7 CRE markets in India recorded leasing activity of 26 msf in the first half of 2017 compared to 24.5 msf during the same time last year. Gross Absorption for Chennai and Noida more than doubled in H1 2017 compared to H1 2016. Hyderabad also… Read More »
Propstack Insights: New Leases of 100,000+ sf make up 84 % of total leases in Bangalore
In 2017, the office leasing activity in Bangalore remained strong and maintained its momentum. 100000+sf deals contributed to nearly 79% of the total Gross absorption Nearly 84% of the total 100,000+sf transactions are New Leases. *Grade A office data only For more details login to office.propstack.com
