Despite the ongoing economic slowdown, the office space rental market in 2019 witnessed strong growth across the country. Gurugram dominated the office rental market in the National Capital Region(NCR) once again in 2019, accounting for nearly 65% of the overall transactions in Delhi-NCR. In Gurugram, 5.6 million square foot (msf) […]
Best Places to Exploit Reap Gains From Real Estate Revival – Godrej Properties
India’s second-largest developer by market value expects a recovery in the struggling real estate sector soon, even as the economy is estimated to grow at the slowest pace in 11 years in 2019-20. After 6-7 years of a real estate slowdown, Pirojsha Godrej, executive chairman at Godrej Properties Ltd., is […]
Private Equity Favored Commercial Projects in 2019 – Report
Indian commercial real estate retained its Numero Uno position and continued be a preferred destination for global institutional investors in the backdrop of robust office space take-up, falling vacancy levels and rising rentals. Indian real estate attracted more than $5 billion private equity (PE) inflows in 2019. Of this, over […]