Indian governmentβs announcement to formulate a national framework as guidance to states for promoting Global Capability Centres will help in demand for grade A office space and also for housing with talent pool moving near to GCC. GCC) has leased 24.9 million sq ft in 2024, almost triple from 9.1 million sq ft in 2022,…
READ MOREThe Indian real estate market is gearing up for a transformative 2025, marked by consolidation, innovation, and sectoral diversification. With the residential and office sectors approaching stability after consecutive growth peaks, demand for industrial and warehousing spaces is set to surge. Alternative asset classes like data centers, co-living arrangements, and senior housing are also positioned…
READ MOREIndia’s top seven cities currently have 526.3 million square feet of rent-yielding office space stock, valuing Rs 4.5 lakh crore, that can be included in Real Estate Investment Trust (REIT) and get listed on stock exchanges, according to Vestian. Real estate consultant Vestian on Tuesday released its report ‘REITs: Reshaping India’s Commercial Space’. “India’s REIT…
READ MOREOver 65% of Grade A office space across India’s top 7 cities is green-certified, highlighting India’s growing commitment to sustainable construction, according to consultancy firm Vestian. The real estate sector is the 2nd largest employer in India, accounting for 39% of carbon emissions. The governmentβs constant push to achieve net zero emissions by 2070 is…
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