Tag: breaking

India’s office property market sees unprecedented demand, with the September quarter gross leasing volumes reaching 19.89 million sq. Global Capability Centres and flexible areas dominate, driving the developments. Bengaluru, Delhi-CR, Mumbai, and Hyderabad lead in leasing activity, reflecting sturdy sectoral interest post-Covid. Halifax figures on Monday confirmed annual property costs increased by 4.7%. That was up from four.3% in August however under expectations of a 5.2% rise. Despite high demand, developers face difficulties due to escalating land prices, legal disputes, and longer approval timelines, leading to fewer new housing models and slowed gross sales development. India’s housing market is experiencing…

India’s office property market sees unprecedented demand, with the September quarter gross leasing volumes reaching 19.89 million sq. Global Capability Centres and flexible areas dominate, driving the developments. Bengaluru, Delhi-CR, Mumbai, and Hyderabad lead in leasing activity, reflecting sturdy sectoral interest post-Covid. Halifax figures on Monday confirmed annual property costs increased by 4.7%. That was up from four.3% in August however under expectations of a 5.2% rise. Despite high demand, developers face difficulties due to escalating land prices, legal disputes, and longer approval timelines, leading to fewer new housing models and slowed gross sales development. India’s housing market is experiencing…