Q1 2024 Office Market Skyrockets; Real Estate Players Upbeat On Future Prospects
Office completions saw remarkable growth, escalating by 185 per cent YoY to 13 mn sq ft in Q1 2024, largely due to the unusually low volumes seen in the base period of Q1 2023.
Apr 09, 2024, 18:21 PM ISTGlobal recession to have considerable repercussions on commercial real estate, says experts as they hope for better performance
Experts said that the forecast for the Indian commercial real estate sector is cloudy with chances of sunshine.
Jan 14, 2023, 12:59 PM ISTBengaluru tops commercial office destination list in first half of FY2023; Pune follows
According to a report by ANAROCK, Bengaluru was far ahead of Pune in office activity with approx 6.1 mn sq. ft. of new office completions and approx 6.08 mn sq. ft. office absorption in H1 FY23.
Dec 02, 2022, 19:59 PM ISTAsia Pacific real estate markets perform well despite difficult macroeconomic conditions including inflation, high-interest rates
Rising absorption rates in the residential, office and logistics segments underlined the buoyancy in India’s real estate market.
Nov 21, 2022, 14:06 PM ISTLandmark reform in realty sector: Passage of Real Estate Regulation Bill
Touted as a major reform measure to regulate the vast real estate sector and bring order in it, the Real Estate (Regulation and Development) Bill, 2016 was passed by the Rajya Sabha on 10 March 2016 and by the Lok Sabha on 15 March 2016.
Dec 16, 2016, 16:43 PM ISTAnalysts see monetisable value of REITs at over USD 96 bn
The tax sops proposed in the Budget for REITs (real estate investment trusts) can help realise a potential USD 96 billion by listing the occupied commercial real estate across offices, retail and warehousing segments over the next few years, according to analysts and industry leaders.
Mar 06, 2015, 12:47 PM IST