ICRA projects India's Global Capability Centre (GCC) count to exceed 2,500 within five years, driving major office space demand across key cities. In FY25, GCCs leased a record 24 million sq ft of Grade A space-37% of total leasing-up from 27% the previous year. By FY27, leasing could reach 50-55 million sq ft, with India's GCCs generating over USD 100 billion in revenue by 2030. Experts cite India's cost advantage, skilled workforce, and strong infrastructure as key growth drivers. With U.S.-based GCCs accounting for 70% of demand since 2021, India remains a top destination for flexible, innovation-driven office spaces.Read more

Net leasing of office spaces across India's top seven cities grew significantly during the first nine months of this year, as stronger corporate demand boosted occupier activity, according to data from JLL India. Bengaluru, Delhi-NCR, Hyderabad, Pune and Chennai all reported notable increases in leasing activity, while Mumbai and Kolkata witnessed marginal declines. Overall net absorption reached nearly 40 million sq ft, marking a 28 per cent year-on-year rise.Read more

Mumbai is gearing up for a new era in luxury living with the emergence of 'Bandra Bay', a waterfront belt alongside Bandra-Kurla Complex. According to a report unveiled jointly by Lighthouse Luxury and CRE Matrix, the development, estimated at over INR 1 lakh crore, will encompass about 8 million sq. ft. of high-end residential and retail projects. The report highlighted Bandra Bay's potential to rival global icons like Palm Jumeirah and Marina Bay, citing strong infrastructure, limited supply, elite demand, and unmatched connectivity as key growth drivers.Read more

India has secured the sixth position globally for live branded residence projects, as highlighted by Knight Frank's latest Residence Report 2025. The country accounts for 4% of the world's branded residence supply, reflecting its growing importance in luxury living. The report also places India tenth in the pipeline of upcoming projects, driven by an expanding affluent population and increasing demand for high-end branded homes.Read more

India showcased its rapid progress in railway modernisation at the 16th International Railway Equipment Exhibition (IREE) 2025, held at Bharat Mandapam, New Delhi. The exhibition focused on integrating advanced technologies like AI, IoT, and green solutions, promoting sustainable growth, and supporting MSMEs. Key highlights included modern trains such as Vande Bharat and Namo Bharat, electrification projects, Gati Shakti Freight corridors, and world-class station infrastructure. Global collaborations and the Make-in-India initiative were central themes, reflecting India's commitment to economic growth and Net Zero Carbon goals by 2030.Read more

Residential sales in India's eight major housing markets dipped one per cent in the July-September quarter, largely due to slower demand in Mumbai, Pune, and Delhi-NCR, while cities like Bengaluru, Hyderabad, Chennai, and Kolkata recorded growth. Despite lower sales volumes, the total value of properties sold rose 14 per cent to INR 1.52 lakh crore. The report highlighted stable interest rates, GST reductions on cement, and supportive policies as factors boosting developer confidence. New housing supply fell five per cent, while the premium segment continued to demonstrate resilience.Read more

Kolkata's real estate market remained stable in the third quarter, with residential property prices rising 8 per cent YoY, driven by genuine end-user demand and preference for quality developments. Sales volume grew by 2 per cent, with buyers focusing on reputed developers and well-connected areas. The office segment also performed steadily, particularly in IT outsourcing and flexible workspaces, with 0.5 million sq ft of transactions reflecting 190 per cent YoY growth. Tight supply of Grade A offices pushed average rentals up by 14 per cent, the highest among major cities.Read more

The Asia Pacific commercial real estate market witnessed a resurgence, driven by cyclical and structural factors as well as interest rate cuts. Investment volumes rose notably, supported by strong performances in Japan, India, and Singapore. CBRE's latest Asia Pacific Investment Strategies report highlighted opportunities across offices, logistics, retail, and data centres, with core assets in well-connected locations gaining preference and emerging sectors such as living spaces and data centres seeing rising investor demand.Read more

Mumbai's property market recorded its best-ever September performance as home registrations surged and stamp duty collections grew sharply, defying the typical slowdown during the Shraddh period. Data from Knight Frank India revealed a notable rise in both property registrations and revenue, driven by the early onset of the festive season, stable demand, and steady buyer confidence across residential segments. Developers and industry experts noted that the market's strength reflected the city's resilience and sustained end-user interest.Read more

Equity investments in Indian real estate grew sharply to USD 3.8 billion in the July-September quarter, supported by strong capital flows into land, development sites, and built-up office and retail assets. Year-to-date, total investments reached USD 10.2 billion, marking a 14 per cent rise over last year. CBRE highlighted that domestic and global investors are fueling sector resilience, with greenfield developments expected to gain momentum across residential, office, mixed-use, industrial, and logistics segments. The combination of local and international capital is poised to shape India's real estate growth trajectory in the coming years.Read more