India Commercial Property News - Latest Updates & Headlines
Office retrofitting a Rs 45,000 cr investment opportunity for better rentals in India
Mumbai, April 4: The office market across top seven cities in India offers an estimated Rs 45,000 crore (approximately $5.3 billion) opportunity in retrofitting (improving the existing building design and engineering, integrating new technology, enhancing user experience, and incorporating climate-adaptive features and capabilities) and upgrading existing buildings, according to a report on Friday.
Industrial & logistics leasing reaches all-time high in 2024, with Delhi-NCR, Bengaluru, and Kolkata leading
New Delhi, January 30: The Industrial and Logistics (I&L) sector in India experienced a record-breaking leasing volume in 2024, reaching an all-time high of 39.5 million square feet across the top eight cities, according to CBRE South Asia Pvt. Ltd.'s report.