India
Mumbai new residential launches hit a record 6,284 units in Q2
Launches rose by 26% vs the prior quarter.
Bengaluru prime residential rents inch up 0.7% in Q2
Thanks to the return of expats and rising office occupancies.
Delhi to see nearly 6m sq ft of new office space this year
Net absorption is expected to hit 5.6m sq ft.
Why Mumbai’s retail market is expected to remain buoyant
Rents are expected to keep growing for the rest of the year.
These are the international retailers set to enter India soon
And some domestic brands also plan on expanding their presence.
Bengaluru retail rents up 2.2% in Q2
This was driven by rental growth in the Prime City submarket.
Delhi to add over 6m sq ft of new industrial supply this year
Demand is projected to reach 6.5m sq ft.
Bengaluru Grade A office supply drops 51% to 2.31m sq ft in Q2
The secondary business district dominated new completions.
Mumbai to see nearly 6m sq ft of new office space in H2
Supply is expected to outpace demand, driving up vacancy rates.
Mumbai retail leasing volume hits over 266,000sq ft in H1
The fashion segment accounted for the largest share.
Delhi residential launches more than doubled in H1
Launches hit 10,963 units during the same period.
Mumbai gross office leasing volume down 9% in Q2
Total volumes reached nearly 3 million sq ft.
Delhi’s H1 office leasing volume almost equal to last year’s levels
Total leasing volume hit 6.5 million sq ft in the first half of the year.
Mumbai residential launches drop 23% in Q2
Over 19,000 units were launched during the quarter.
Delhi to see nearly 1m sq ft of new retail supply in H2
Vacancy levels are expected to rise slightly as a result.
Term renewals in India’s office market down 16% to 3.2msf in Q2
Meanwhile, preleasing increased 9x vs the previous quarter.
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Henderson Land hailed as Developer of the Year at Real Estate Asia Awards 2023
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The company’s G.I.V.E. Sustainability Strategy is paving the way for a greener, more inclusive real estate sector, setting new benchmarks for sustainable development in Hong Kong and beyond.
