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Industry News

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Industry News

  • Moneycontrol.com-India’s data centre market sees $6.5-billion investments between 2014 and 2024: Report

    India’s data centre industry has seen over $6.5 billion in investments committed through private equity, joint ventures, and acquisitions between 2014 and 2024, according to a report by ANARAOCK Capital.

     

  • awazthevoice.in-Global capability centres lead real estate absorption in India

    Driven by the country’s skilled talent pool and operational cost advantages, global capability centres (GCCs) are leading real estate absorption in India which have surpassed pre-Covid levels amid a resilient economy.

     

    GCCs have committed about 27.7 million square feet (sq ft) of grade A commercial real estate in 2024, and 24.1 million sq ft in 2023, which represent 36 per cent and 38 per cent of overall real estate absorption, respectively, according to JLL.

     

  • Hindustan Times-Luxury villas in Mumbai: Huma Qureshi rents ₹10 lakh villa – Here's where you can find more premium options

    Mumbai, renowned for its ultra-luxurious apartments, also offers a few villa options—hidden gems in stark contrast to Delhi, where bungalows and villas are more commonplace. Recently, Huma Qureshi and her brother Saqib Qureshi rented a spacious 3,370 sq. ft. villa in the upscale Juhu area for a staggering ₹10 lakh monthly rent.

     

  • Moneycontrol.com-Office fit-out costs jump as demand for sustainable workspaces grows, Mumbai tops the list

    The average cost to make a vacant space into a usable office surged in India in 2024, with Mumbai proving the most expensive at $73 (Rs 6,303) per square foot (sq ft), followed by the Delhi-National Capital Region market at $69 (Rs 5,958) per sq ft, according to Cushman & Wakefield’s ‘Fit-Out Cost Guide’ report.

     

    Bengaluru was next at $67 (Rs 5,786) per sq ft, while Chennai, Hyderabad, Kolkata, Ahmedabad and Pune stood at $65 (Rs 5,613) per sqft.

     

  • deccanherald.com-Bengaluru's Thanisandra Rd sees 67% rise in housing prices, Sarjapur Rd 63% in last 3 yrs: Anarock

    Bengaluru's two key micro-markets -- Thanisandra Main Road and Sarjapur Road -- have witnessed 67 per cent and 63 per cent growth, respectively, in housing prices in the last three years, according to Anarock.

     

    Real estate consultant Anarock's data showed that average housing prices at Sarjapur Road rose 63 per cent to Rs 9,850 per square feet at the end of 2024 from Rs 6,050 per square feet at 2021-end.

     

  • thehansindia.com-Resilient economy: Global capability centres lead real estate absorption in India

    Driven by the country’s skilled talent pool and operational cost advantages, global capability centres (GCCs) are leading real estate absorption in India which have surpassed pre-Covid levels amid a resilient economy.

     

    GCCs have committed about 27.7 million square feet (sq ft) of grade A commercial real estate in 2024, and 24.1 million sq ft in 2023, which represent 36 per cent and 38 per cent of overall real estate absorption, respectively, according to JLL.

  • aninews.in-Senior housing segment in real estate gains traction, co-living and branded residences look promising: Report

    Senior housing segment within the real estate sector which has long struggled to gain mainstream acceptance is now gradually becoming more viable, presenting an opportunity for comapnies, according to a report by GRI Club.

     

    "Senior housing is another niche segment that has long struggled to gain mainstream acceptance but is now gradually becoming more viable," the GRI club said, which connects real estate leaders across the globe.

     

  • Financial Express-How Govt-led development will shape Goa’s property market

    Driven by its scenic beauty, relaxed lifestyle, and strong tourism-driven economy, Goa’s real estate market has been a hotspot for investors, second-home buyers, and NRIs. The state’s property market has evolved beyond vacation homes, witnessing growing demand for luxury residences, high-yield rental properties, and commercial developments. Further, policy initiatives promoting sustainable tourism, ease of doing business, and affordable housing are shaping its future.

  • The Economic Times-India's premium residential market soars with rising demand for luxury living spaces

    India's premium residential landscape is witnessing significant growth, fueled by innovative designs and increasing demand for luxury living spaces in both urban centres and emerging metros.

     

    According to ANAROCK Research, luxury housing (units priced above Rs 1.5 crore) account for almost 17 per cent of all new residential launches in India as of 2024.

     

  • Financial Express-Housing sales drop 23% in seven major cities; two metros witness a 10% surge

    India’s housing market witnessed a significant downturn in the first quarter of 2025, as sales in the top 9 cities fell by 23% while new supply plummeted by 34%, according to a report by data analytics firm, PropEquity.

     

    In Q1 2025, units merely above 80,000 were launched showing an exponential decline in supply marking the third consecutive quarter with less than 1 lakh units. All top nine cities barring Delhi NCR and Bengaluru have faced this steep decline while they recorded a 10% increase in sales.