Cushman & Wakefield Research and Propstack present their analysis of the housing projects in the Mumbai Metropolitan Region (MMR) that were registered until 31st August 2017. KEY HIGHLIGHTS OF THE REPORT We analysed 5,620 projects registered on MAHARERA with cumulative area of 506 msf. New launches in the future likely to be muted for the… Read More »
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 »
Hyderabad office supply in SBD II micromarket increased significantly. Strong leasing activity and entry of multinational giants, absorbed the new supply, keeping vacancy low for IT SEZ buildings. *Grade A office data only For more details login to office.propstack.com
Propstack is excited to launch the industry’s most anticipated and never before seen CRE Analytics dashboard! The wait is over – with the CRE Portfolio Analytics dashboard. Propstack users can: View & Analyze pan-India CRE (by individual occupier) activity in a single window Square footage across cities and individual properties of active leases, Monthly rental outflow by city, Aggregate… Read More »
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
A CAM (Common Area Maintenance) charge is an additional cost, added to the base rent, paid collectively for the maintenance of the commonly owned premises such as the parking lot, lawns, corridors, lobbies, elevators, etc. Propstack compared CAM fee across top cities in India to assess the micromarkets with highest CAM fee. Rest of Gurgaon… Read More »
The demand for a furnished plug and play office space in Mumbai is increasing steadily, average rentals for the furnished offices have however declined. Propstack observed that the number of furnished transactions increased by average 16% y-o-y, whereas the rentals have decreased by average 4%. *Grade A office data only and includes renewals For… Read More »
Occupiers across cities prefer taking up office spaces in SBDs and PBDs. The transition is driven by occupiers demand for affordable rents, Grade A offices, expansion space and transit-served markets. Propstack analysed > 25,000 sf deals in 2017. SBDs outshine CBDs. > 25000 sf Deals total area – 2017 (in msf) *Grade A… Read More »
With the recent news, 20-acre IT Park to be built in Chennai by Hiranandani Group, the city is on its way of being the next IT hub of the country. Strong leasing activity has fueled the absorption in Chennai IT parks, contributing more than fifty percent of the total. Steady increase in annual average rent… Read More »
The office construction completions slows in HY1 2017, with 6.7 msf delivered across cities, down by 48% compared to H1 2016. New completions across top 7 CRE markets. *Grade A office data only To get more CRE insights login to www.propstack.com
