This announcement is welcomed by the industry as it provides clarity to the sector. Although it covers only the marketplace model and not the inventory-based model, nonetheless, rise in overseas investments in the e-Commerce segment will have a positive effect on the real estate and construction sector. We expect this announcement will specifically benefit the commercial, industrial and logistics segments.”

At 127 mn sq.ft., Bangalore likely to remain India’s top corporate real estate market in coming years

As India’s technology sector expands its horizons, Bangalore has emerged as a dominant growth frontier offering the country’s new economy sectors such as information technology, biotechnology, aerospace, research and development, clean energy and other services sectors, a new growth paradigm. According to CBRE’s latest major report—Bangalore: The Star That Shines the Brightest—the city has led the country’s corporate real estate market among leading cities over the last five years in terms of office space stock as well as office space absorption trends.  Continue reading

US$1 trillion to enter global real estate markets in 2016

London, Los Angeles and Sydney are Top Regional Targets to Investors

Global real estate investors remain strongly expansionary in 2016, with more than US$1 trillion of planned expenditures anticipated to enter global real estate markets—6% higher than in 2015, according to the CBRE Global Investor Intentions Survey 2016Continue reading

Pune and Hyderabad Office Markets Note Healthy Development in 2015

Market sentiments in the corporate real estate space of Pune and Hyderabad remained positive throughout 2015, which was reflected in their healthy growth rates for the year. While transaction activity in the office markets of the top three cities of Delhi NCR, Mumbai and Bangalore clearly cornered the market, significant development was also noted in the office markets of Pune and Hyderabad. Both noted a healthy demand/supply scenario during the year.  Continue reading

Corporate real estate activity likely to impact our housing markets

Corporate real estate transaction activity rose by 18% year-on-year (y-o-y) in 2015 to cross office space absorption of over 38 million sq. ft. across the leading cities of the country. Almost 32% of this demand for office real estate was generated in Bangalore, followed by 23% share of the same from Delhi National Capital Region (NCR). The top sectors driving this significant demand for corporate real estate were the IT/ITeS, banking and financial services, and the e-Commerce sectors.  Continue reading