IMC India Leases 2 Office Spaces in Maximum City
AT BANDRA-KURLA COMPLEX AND WORLI BKC office leased for only 5 months as larger space in Worli is undergoing fit-outs Global market maker IMC’s India arm IMC India Securities has leased a 5,830 sq ft office space in a commercial building in Mumbai’s Bandra-Kurla Complex (BKC) at a monthly rental of ₹700 per sq ft […]
Bosch Leases 691k sq ft Office Space in B’luru for Expansion
Bengaluru: Bosch Global Software Technologies has leased 691,320 square feet of space in Bengaluru as it aims to expand its India operations. The property is located in Life Science Park in Electronic City. Bosch will be paying rental at a rate of approximately ₹58 per sq ft with a bin- ding agreement for five years […]
Foxconn Co Leases Space Near Chennai
Yuzhan picks up 550K sq ft of warehousing space at monthly rental of ₹26-28 a sq ft. Bengaluru | Mumbai: Yuzhan Technology, part of Taiwan’s Foxconn Group, has leased about 550,000 sq ft of warehousing space at ESR Industrial Park in Oragadam on the outskirts of Chennai amid a sharp rise in exports of Apple […]
DP World Picks Up 1.5 L sq ft Space in Navi Mumbai for GCC
Mumbai: Multinational logistics company DP World has picked up 150,000 sq ft office space spread across three floors of a commercial tower in Navi Mumbai through a long-term lease, said persons with direct knowledge of the development. The commercial tower Q2 is in Aurum Q Parc mixed-use development located in Ghansoli locality. The agreement spans […]
DevX Aims to Double Office Space Portfolio to 2 m Sq Ft
Flexi space provider eyes tier-2 and -3 cities; plans to foray into international market Mumbai: Managed office space provider DevX is looking to double its portfolio to over 2 million square feet over the next two years with focus on tier-2 and tier-3 cities, as adaption of distributed workforce option by larger enterprises leads to […]
New Indore will be located between Super Corridor-Ujjain Road, name will be – Ahilya Nagar, 15 minute city concept like Paris – houses, markets, offices all will be at one place.
The government has agreed that the new city will take shape in 5 thousand hectares, there will be large clusters of land, big developers and investors will be able to come. The government is now going to prepare the country’s cleanest city Indore on global city standards. Along with the present city, work has been […]
Rentals for Green Offices May See Uptrend Amid Rising Demand
Demand set to outpace supply as occupiers aim for 100% green portfolio by 2030: JLL study Mumbai: The emergence of environmentally conscious occupiers of commercial real estate prioritising the decarbonisation of their portfolios has led to a substantial increase in demand for sustainable buildings that is expected to outpace supply across key property markets of […]
Co-working Space Operators Emerge 2nd-largest in Office Leasing for First Time in Q4
New Delhi: Flexible space operators have emerged as the second- largest sector in the office space leasing for the first time during the January-March quarter as large operators continue to take up space the fulfill the growing demand from global corporates. According to CBRE data, of the total 14.4 million sq ft leased in the […]
NBCC Sells 480k-sq-ft Commercial Space in Delhi Project for ₹1.9k cr
New Delhi: NBCC has sold approx- imately 480,000 square feet of commercial space for about ₹1,905 crore in the World Trade Centre project at Nauroji Nagar in New Delhi. Major organisations such as Power Finance Corporation, Security Printingand Minting Corporation of India, and Solar Ener- gy Corporation of India participated in the recent e-auction and […]
Office Leasing in Major Cities Rises, Tenures Get Longer Too
AVERAGE LEASE TERM NOW AT 62 MONTHS IN OVER A YEAR. Mumbai: Demand momentum is intensifying for office spaces across key property markets with both leasing tenures and volumes setting new standards, reflecting the growing confidence of occupiers in India’s growth story. The longer tenure of leases is al- so an indication of leading multi- […]
