Office Industry

India's office market set for record boom, Bengaluru and Hyderabad lead

The first half of 2024 recorded 41.9 msf of leasing, marking the highest leasing volume ever for the first half of any year. This represents 56% of the total gross leasing volume (GLV) for 2023.

CBRE sees 165 mn sq ft of new office supply in top 7 cities during 2023-25

Bengaluru and Hyderabad will contribute 49 per cent to the total upcoming office space supply of over 165 million square feet estimated during the 2023-2025 period across seven major cities, according to CBRE.. Real estate consultant CBRE South Asia on Thursday released its new report 'Office Myths Debunked'. As per the report, the office supply completions across seven major cities are expected to exceed 165 million square feet between 2023-2025, which is significantly higher than 142 million square feet recorded during the 2020-2022 period. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, said, The office sector in India is witnessing good growth momentum. The substantial supply completions across top cities in India is projected to exceed 165 million sq. ft. over 2023-2025, indicating a positive outlook for the office sector.". The average annual office supply increased by a robust 17 per cent and the average building size increased by

One day in office, remote work for rest of the week for Meesho employees

E-commerce firm's Flexi-Office model offers employees financial support for relocating

BHIVE Workspace completes 1 mn sq ft of shared office space in Bengaluru

Newest facility spread across 23,000 sq ft and with 700 seats comes up at Whitefield

Recovery tracker: Workplace visits rise despite spurt in Covid-19 cases

Power generation, vehicle registrations dip

Twin challenges for office developers in 2021: Low demand, renewals

Occupancy levels at the end of March was down 88.9 per cent, or 390 bps over the year-ago period.

Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report

While IT/ITeS continues to grab the lion's share, leasing activity is being driven by increased demand from sectors such as e-commerce, healthcare and FMCG

Only Bengaluru office market among top cities that may see rents go up

In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020

Covid-19 impact: Office vacancy likely to increase in coming quarters

The demand-supply scenario has also remained similar over the past few quarters

Expert Take: Need more employees on the network

The key requirements of any employer are the safety of employees, reaching on time so that work is not hampered and maximum utilisation of seat space