Newsblare

newsblare logo

Sign in

Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Slowdown – Is the IT/ITeS Dream Run Over for Indian Housing?

Over the past few decades, Information Technology IT/ITes has been a primary driving force behind housing sales in many key Indian cities. It is no accident that some of the plushest, most modern residential townships have been cropping up in and around IT parks. The rationale is simple – IT and BPO professionals have significantly […]

Read More
Advisor Network Careers Economic & Finance Market Overview Real Estate State & Urban

IT/ITeS Cities Have Lowest Grade A Office Vacancies, Pune Lowest at 8.5%

IT Office Vacancies in Chennai at 10.35%, Bengaluru at 11.25%, Hyderabad over 15% Cities not primarily driven by IT/ITeS, including NCR, have maximum office vacancy at 28.5%, Kolkata with 23.5%, MMR with approx. 16% NCR, MMR & Kolkata restricting new office stock supply in the future NCR has approx. 26 Mn sq. ft. of planned […]

Read More
Advisor Network Economic & Finance Market Overview Real Estate State & Urban

BFSI Spills Beyond MMR into IT/ITeS Hubs, Professional Services Surge in Pune

IT/ITeS remains the strongest demand driver, accounting for 30-40% of total gross office absorption of approx. 8.8 mn sq. ft. in H1 2021 in Bengaluru, Pune & Hyderabad That said, Bengaluru & Hyderabad witnessed BFSI segment leasing share double since 2019 In Bengaluru, share of BFSI at 13% in H1 2021 from 8% in 2019 […]

Read More