For the past several years, India’s commercial real estate market has been expanding significantly, and some factors have contributed to this rise. In the upcoming years, the following significant reasons are anticipated to propel the expansion of commercial real estate in India:… Read more
In India’s top 6 cities, office vacancy rates substantially decline, signaling a strong rebound for commercial real estate.
Tags: commercial real estate
Based on the report, the Colliers research states that total leasable space has climbed to 50.3 million square feet this year, and occupancy has maintained strong during the subsequent quarters of 2022. However, due to renters’ cautious behavior during the global crisis, market activity was poor in the fourth quarter of 2022. Because of this, gross absorption in Q4 2022 was around 21% lower than it was in Q4 2022, which was lower than the average seen in Q1 and Q3 2022. ” After a two-year pause, it is reassuring to see the office space market recovering this year and declining vacancy rates. It’s interesting to note that BFSI’s business has expanded quickly this year as a result of Indian … Read more
Commercial Real Estate Leasing Market Fueled by Proptech
The evaluation and analysis of the features and expenses of residential apartment buildings are now easier than ever. Going online is obviously the first step in finding a domestic or rental apartment. Consider the contents of the ads that suit our requirements after filtering by size, variety of rooms, equipment, location, not unusual place amenities, rate, and conditions. A digital outing is frequently feasible, and the owner or dealer may be contacted right afterward. However, the digitalization of commercial real estate leasing has been a slow process.… Read more
The hybrid work paradigm drives up the demand for office space
Instead of being “wiped out” as the epidemic forecasts were about cooperating areas, their percentage inside the office space leases has, in reality, drastically increased because of hybrid work forms. According to a report by real estate analysts at Anarock, cooperative regions had an eight percent growth year-over-year (YoY) as a result of businesses going “lower back to work.” Thirteen percent, or around 4.43 million square feet, of the overall 34.1 million square feet of office space that has been leased this year has been occupied by co-operating spaces.… Read more
Advice on Purchasing Commercial Land in India
Commercial real estate is one of India’s fastest-growing markets. This category typically includes offices, retail establishments, institutions, and industrial complexes. Simply described, commercial property is property that is owned to create money. Whereas many people prefer constructed facilities, commercial plots have gained popularity due to larger profits, speedier resale, and fewer investment expenses as opposed to the former. Nevertheless, in order to prevent legal complications, it is important to be aware of the complexities of purchasing commercial land. There are several variables to consider, ranging from paperwork to zoning rules.… Read more
Real estate for businesses in the era of the hybrid work model
As the world has changed, so have the people, economies, and governments that have emerged from the second wave of the epidemic. The laws of the past have been revised for the present and the future. Businesses are genuinely focusing on the need for the modern generation to increase productivity, maximize customer satisfaction, and tap the right target market quickly and efficiently. The need for a complex workplace structure that allows for contractual flexibility, freedom of development, and the ability to relocate has increased as a result of its expansions and revaluations. The demand for freshly built industrial properties that meet all requirements to complement the hybrid painting version is skyrocketing among IT behemoths, businesses, and providers of financial services.… Read more
What Are the Various Commercial Lease Types in India?
While considering leasing a large business facility, you must be psychologically ready because it is a tremendous endeavour that involves substantial monetary expenses. When renting a commercial space for the first time, it is critical not only to thoroughly study the market but also to have a clear understanding of the many types of commercial leases available in India.… Read more
Commercial real estate due diligence is more sophisticated than residential real estate
Investors may be busy seeking innovative ways to maximize opportunities in a fast-changing and rapidly expanding commercial real estate market. Veteran company asset purchasers turn over each stone to eliminate the possibility of post-transaction surprises. Given the variety of risks involved, newcomers must use the same strategy and be prepared to rush into a purchase.… Read more
Top 4 commercial realty trends to watch in 2022
When it comes to commercial real estate in India, growing demand drivers are attracting considerable interest, as this is where the major money, especially international investors, is anticipated to stream in. As a result, experts are assessing the future commercial property demand drivers. This might be in terms of company or geography. … Read more
Buying Tips For Pre-Leased Commercial Property
A pre-leased or pre-rented property is one that has been leased to someone and then sold to someone else together with the tenant. Including the sale, there is a concurrent exchange of property ownership, which means that the lease agreement is also passed to the new owner. A pre-leased property has several advantages, including better investment returns, consistent revenue, and no waiting time. Pre-leased commercial property investments have recently increased, giving it the most appealing possibilities for property investors, businessmen, business offices, and ultra-high-net-worth people.… Read more
