India's office space stock has surpassed one billion sq ft, valued at around USD 186 billion (INR 16.4 trillion), according to a report by CII and Knight Frank India. The study marks this as a historic milestone, with office stock growing from under 200 million sq ft in the early 2000s to today's scale. Despite global uncertainty, gross leasing exceeded 70 million sq ft in 2024 and reached 67 million sq ft in the first nine months of 2025. The report highlights a supply-demand imbalance, favouring rental growth and valuation gains. To reach two billion sq ft, it recommends boosting new office supply and enhancing existing asset efficiency, alongside rebalancing economics between residential and commercial development.Read more
In a display of solidarity with Maharashtra's flood-affected farming community, NAREDCO Maharashtra contributed INR 3.12 crore to the Chief Minister's Relief Fund to aid ongoing relief and rehabilitation efforts. Of this, Pune members donated INR 1 crore while the remainder came from Mumbai MMR members. The initiative, involving nearly 20 NAREDCO members, aims to help restore livelihoods and provide much-needed support to farmers severely impacted by recent floods that devastated key agrarian districts across the state.Read more
Investment appetite in the Asia Pacific real estate market has grown notably, with overall investment volumes recording a 20% year-on-year rise over the first three quarters of 2025. The latest CBRE Asia Pacific Cap Rate Survey indicated that investor sentiment continues to improve, particularly in markets such as Japan, Korea, Singapore, and Australia. Factors driving this momentum include declining interest rates, asset repricing, and renewed optimism among cross-border investors seeking opportunities in recalibrated markets.Read more
India's national highway toll revenue recorded a 16% year-on-year rise during the first nine months of 2025, reaching INR 49,193 crore compared with INR 42,474 crore a year earlier. Data from ICRA Analytics shows toll-paying traffic increased by nearly 12% to 26,864 lakh transactions, supported by robust freight movement and periodic revisions in user charges. Higher traffic from heavy vehicles and increased use of electronic toll collection (ETC) contributed to the growth. The western region led collections, followed by southern and northern zones, reflecting broad-based expansion across corridors.Read more
Pune's housing market witnessed a sharp rise in property activity during the past month, with registrations increasing by 23% year-on-year and stamp duty revenues reaching INR 523 crore, according to Knight Frank India. Over 1.45 lakh properties were registered in the first nine months of the year, marking the highest volume in four years. The shift in the festive calendar supported buyer sentiment, while the demand for larger homes and properties priced above INR 1 crore continued to strengthen across micro-markets led by Central Pune.Read more
India's real estate sector witnessed strong momentum during the July-September quarter, with fundraising through capital markets rising more than twofold to USD 1.15 billion compared with the previous quarter. According to Grant Thornton Bharat, the sector recorded 42 deals across mergers and acquisitions, private equity, and capital markets, amounting to USD 2.85 billion in total. M&A deal value rose to USD 843 million, while private equity deals touched USD 859 million. The capital market remained active with IPOs and QIPs together contributing nine deals worth USD 1.1 billion.Read more
India's major office hubs-Bengaluru, Delhi-NCR, and Mumbai-witnessed an average 4.3% annual rise in prime workspace rentals during the past quarter, according to Knight Frank. The consultancy indicated that combined office leasing across these cities is projected to reach nearly 50 million sq ft in the upcoming year, surpassing the previous record achieved in 2024. The growth has been attributed to the sustained demand from Global Capability Centres (GCCs), a revival in third-party IT services, and robust institutional investment.Read more
India's office real estate market remained active in 2025, with the top six cities recording 56.8 million sq ft of gross absorption in the first nine months. Growth was largely driven by Global Capability Centres, IT-BPM, BFSI, and flexible workspace operators. While Q3 saw a 24% year-on-year dip due to a high base effect, total leasing is expected to surpass 75 million sq ft by year-end. Delhi-NCR and Bengaluru led activity, and vacancy rates gradually eased, reflecting strong occupier confidence and healthy market demand.Read more
Private equity investments in India's real estate sector dropped by 15% year-on-year in H1 FY26, totaling USD 2.2 billion, though average deal sizes remained stable between USD 60 million and USD 100 million. The decline is part of a longer-term slowdown, with total investments falling from USD 6.4 billion in FY21 to USD 3.7 billion in FY25. MMR and Kolkata accounted for half of the transactions, with shifts in asset preferences toward retail, mixed-use developments, offices, hotels, and data centers. Foreign capital contributed 73% of inflows, with joint domestic-foreign deals on the rise.Read more
The Mumbai Metropolitan Region is projected to become a leading global urban economy by 2047, with GDP estimated at USD 1.2-1.5 trillion and population reaching 3.6-3.8 crore. The masterplan prioritizes sustainable and inclusive growth through infrastructure, job creation, and economic diversification. Key projects include metro expansion, ports, highways, financial districts, and urban redevelopment. Employment, especially for youth and women, is expected to rise significantly. Private investments, environmental initiatives, and sectoral reforms are central to achieving targets, positioning MMR alongside global hubs like Tokyo, London, and Singapore.Read more