India is grappling with a significant increase in both natural and man-made disasters, posing a threat to the economy, population, and long-term sustainable development, says CBRE.
The first quarter of 2024 has seen global capability centres take up nearly 30% of all office space across metros in India.
Improved connectivity and infrastructure, coupled with the surging e-commerce boom, have made these cities "increasingly attractive"
The leasing activity will be driven by technology, BFSI, engineering and manufacturing sectors.
In terms of the sector - third-party logistics (3PL) companies accounted for the lion's share—50% of all leasing activity.
On the back of strong demand momentum, CBRE estimates the housing market will further bolster in the upcoming festive season in H2 2023
Sales of luxury units during the first six months of the current calendar year stood at 6,900 compared to 3,000 units during the same period last year, according to CBRE
Total cumulative office space taken up by life sciences firms stood at 8.6 million sq. ft between 2019-22 and is largely concentrated in Bangalore, Delhi-NCR and Hyderabad
With RERA, GST and demonetization leading to increasing transparency, capital inflow into Indian real estate is likely to witness growth, says the world’s largest commercial real estate manager.
