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Retail Space Leasing Surges 15% In Major Indian Cities Amid High Demand

Cushman & Wakefield reports robust growth in both shopping malls and high street locations during Q2 2024 Leasing of retail spaces in shopping malls rose 15 per cent annually during the April-June period to 6.12 lakh square feet across eight major cities, driven by increased demand from retailers, according to a report by PTI, citing […]

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Raymond Reveals Vertical Demerger Of Its Real Estate Business

Upon completion, Raymond and Raymond Realty will operate as separate listed entities within the Raymond Group Raymond has revealed the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty (RRL). Upon completion, Raymond and Raymond Realty will operate as separate listed entities within the Raymond Group, pending all statutory approvals. […]

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Consumer consumer National News Real Estate Retail Sector Stores

90 Retail Real Estate Properties To Emerge In Top Indian Cities By 2028: Report

JLL India projects a surge in organised retail space totalling 45 million square feet across seven major cities By 2028, nearly 90 retail real estate properties, covering approximately 450 lakh square feet, are anticipated to emerge across seven major Indian cities, driven by rising demand for quality assets, according to JLL India. The real estate […]

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Goldmedal Electricals Opens New Corporate Office, Showroom In Vijayawada

Goldmedal Electricals, among India’s top three electrical wiring device manufacturing companies, unveiled its new corporate office-cum exclusive showroom in Vijayawada, Telangana. The state-of-the-art office was inaugurated by Goldmedal’s brand ambassador, Jaqueline Fernandez on April 10th, 2024. Vijayawada holds a special place for the Gold medal brand as it was here that the brand was born, […]

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India’s Luxury Retail Soars 170%, High Streets Lead The Charge: Report

CBRE South Asia, in collaboration with PHD Chamber of Commerce and Industry, has unveiled their latest joint report titled ‘The Ascent of Indian ‘Luxe RE’, shedding light on the burgeoning luxury retail landscape across India’s top eight cities. The report reveals that high streets emerged as the preferred leasing choice for luxury brands in 2023, […]

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National News Real Estate

Luxury Segment Accounts For 4% Of India’s Residential Sales

Luxury segment housing in India recorded a 75 per cent year-on-year (YoY) growth in sales in 2023, according to a report by real estate consulting firm CBRE South Asia. According to its report ‘India Market Monitor Q4 2023’, a 45 per cent YoY increase in unit launches was recorded in 2023. The percentage share of […]

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Indian Retail Malls Poised For Growth: ICRA Projects Strong Rental Income

The commercial real estate outlook in India presents a varied scenario across different segments, as per a report by rating agency ICRA. The retail mall operators and warehousing sectors are experiencing growth driven by strong consumption trends. However, the office segment, while resilient, is facing a slowdown in leasing from technology-based sectors due to global […]

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Malls Drive Retail Leasing, 30% Of Absorption From New Shopping Centers

Real estate consulting firm CBRE South Asia has released its ‘India Market Monitor Q4 2023’ report. The retail sector in India experienced a record-breaking leasing activity in 2023, reaching 7.1 million sq. ft. across eight cities, marking a 47 per cent YoY increase. This surge indicates growing interest from retailers in establishing new setups, expanding, […]

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National News Real Estate

93 Mn Homes Projected By 2036, Tier-2 Cities Leads Charge

A recent report jointly released by CREDAI (Confederation of Real Estate Developers’ Associations of India) and Liases Foras indicates a substantial growth in housing demand in India, with projections reaching 93 million houses by 2036. The report attributes this surge to various factors, including population growth in both urban and rural areas, favourable macro-economic indicators, […]

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National News Real Estate

India’s Real Estate Sector Booms During Festive Times

Every year, the festive season emerges as more than a mere celebration, it becomes a period of heightened vibrancy and immense potential. This auspicious time continues till the end of the year and carries the promise of new beginnings and prosperity, traditionally igniting a substantial upswing in real estate sales. Market stakeholders seize this moment […]

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