Office space

New office space supply down 32% in 8 major cities amid coronavirus COVID-19 pandemic: Report

Bengaluru led the way with a 41.7 percent share of new supply, followed by Mumbai and Delhi NCR with 20.7 percent and 20 percent share, respectively, it added. The construction activity is expected to slowly resume upon lifting of the lockdown,it said.

Apr 19, 2020, 16:55 PM IST

Office space absorption crossed 42 mn sq ft in 2017: CBRE

Annual supply for prime office space was over 29 million sq ft during the year, a decline of about 18 percent as compared to 2016.

Jan 16, 2018, 17:04 PM IST

Office leasing in Q3 up 2% in 8 cities at 10.4 millionn sq ft: CBRE

The co-working and shared office space formats are also gaining momentum and influencing the market to some extent, he added.

Oct 08, 2017, 14:12 PM IST

Office space leasing feels demand pinch, falls 7% in Jan-Sep

However, the consultant has predicted that office leasing will remain stable at 32 million sq ft in 2017 on strong demand for commercial space during the fourth quarter.

Oct 02, 2017, 12:24 PM IST

Office space leasing up 28% at 10 million sq ft in Apr-Jun: CBRE

Office space leasing rose 28 per cent in eight top cities to touch 10 million sq ft during April-June over the previous quarter as corporates continued to expand their operations, according to a CBRE India report.

Jul 09, 2017, 14:12 PM IST

IT-ITeS sector leases 10% more office space in 2016

Office space leasing by IT and ITeS companies rose by 10 percent last year at 16.81 million sq ft with Bengaluru and Hyderabad absorbing more than 50 per cent of this space, according to JLL India.

Jun 08, 2017, 17:46 PM IST

9.6 mn sq ft Grade A office space absorbed in Q3; southern cities dominate absorption pie

Southern cities dominated the office absorption pie with Bengaluru at the top.

Oct 29, 2016, 19:49 PM IST

Office space leasing in 7 major cities touches 10-quarter high in July-September

Office space leasing in seven major cities touched a 10 quarter high at 11 million sq ft during July-September with corporates remaining upbeat on their expansion plans, according to property consultant CBRE.

Oct 19, 2016, 12:08 PM IST

'Nearly 10.4 million sq ft office space absorbed during Apr-June'

Even in the backdrop of global slowdown concerns, nearly 10.4 million sq ft of office space was absorbed in the country during April-June, backed by demand from sectors like IT, BFSI and manufacturing, a report said.

Jul 14, 2016, 20:32 PM IST

Net office space leasing down 11% in Delhi-NCR during Jan-Mar

 Net absorption of office space fell by 11 percent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report by Cushman & Wakefield.

Apr 24, 2016, 12:59 PM IST

Office space leasing down 26% in Jan-Mar at 5 mn sq ft: CBRE

Office space absorption fell by 26 percent to about 5 million sq ft during the first quarter of 2016 in seven major cities of the country, with corporates yet to finalise their real estate plans for the year, property consultant CBRE says.

Apr 06, 2016, 14:55 PM IST

IT/ITeS corners lion's share of office space at 69%

The property consultant said Bengaluru recorded the highest absorption at 3.77 million sq ft during the first quarter of 2015, out of 8.56 million sq ft leased in these cities.

May 25, 2015, 15:38 PM IST

UK's Nottingham city offers Indian companies free office space

 One of Britain's lesser known cities, Nottingham, has announced an offer of free office space for a period of two years for any Indian company looking to set up a new business in the region.

Apr 22, 2015, 22:29 PM IST

Parliamentary secretaries to be given office space in Assembly

Twenty one Aam Aadmi Party MLAs, who were recently appointed as parliamentary secretaries by Chief Minister Arvind Kejriwal to all the ministers for government's smooth funcationing, will soon be provided office space for their work in Delhi Assembly.

Apr 17, 2015, 20:30 PM IST

Office space leasing in Delhi-NCR drops 57% in Jan-Mar

Delhi-NCR witnessed a 57 percent decline in the office space absorption in the first quarter this year due to delay in decision making by corporates, according to property consultant Cushman & Wakefield.

Apr 16, 2015, 18:04 PM IST

Office space absorption up 28% at 32.5 mn sq ft during 2014

Office absorption in these eight cities -- Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune -- stood at 25.35 million sq ft during 2013.

Jan 29, 2015, 14:21 PM IST

Office space absorption rose 10% in 2014: Report

The demand for commercial office space was sustained throughout the year, registering an year-on-year growth of 10 percent over 2013, the report said.

Jan 05, 2015, 19:13 PM IST

MNCs buy offices worth Rs 2,470 cr in India

Multi-national firms have invested nearly Rs 2,500 crore in under three years to buy office space in India as against leasing it, property consultant Cushman & Wakefield said.

Sep 09, 2014, 15:56 PM IST

Scuffle inside Parliament over office space; TMC MPs forcibly evict TDP parliamentarians

TMC and TDP MPs got engaged in an ugly scuffle inside Parliament complex on Tuesday, over the issue of office space.

Aug 12, 2014, 17:40 PM IST

Office space absorption up 11% in Delhi-NCR

DTZ describes take-up as floor space acquired for occupation that includes offices let to an eventual occupier and developments pre-let or sold.

Jul 27, 2014, 11:08 AM IST