Tag Archives: Lease Expiry
Propstack Insights: Hyderabad to witness lease expiries worth INR 150 cr of annual rent in 2017
Commercial leases worth Rs 3,000 Crore in top 7 cities set to expire in 2017
Commercial lease rental agreements worth Rs 3,000 crore across top seven property markets across India are likely to expire in 2017, according to Propstack, a commercial realty data information and analytics firm. The expiry of these lease agreements for around 30 million sq ft grade A office space would lead to nearly 1,600 new transactions.… Read More »
Propstack Insights: 3000 crores of Rental Expiries in 2017
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 »
Over 9 million sq ft of office space leases in Bengaluru set to expire in 2017
About 341 office space leases in Grade A buildings in Bengaluru adding to more than 9 million square feet is likely to expire this year, according to commercial data information and analytics firm Propstack. The average monthly rentals of the leases expiring in 2017 is of Rs 57 per sq ft per month, leading to… Read More »
Propstack Insights: Bangalore – 9msf lease expiries in 2017
Total volume of Lease expiries in Bangalore is expected to cross 9 msf in 2017. Witnessing quarterly increase since beginning of year, total area of lease expiries in Q4 2017 is expected to be above 3 msf. The 200+ leases expiring in 2017 have average monthly rent of INR 57/sf/month and add upto nearly 56 crores… Read More »
More than 750 office space leases in Mumbai are set to expire in 2016
More than 750 office space leases in Mumbai are set to expire in 2016. According to PROPSTACK, a commercial real estate information and analytics company, the amount involved in the lease renewal, comprising 36 months average duration, will be around Rs 50 crore a month. Although 77% of 750 office space lease renewal are below… Read More »