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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 […]

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

South Cities’ Office Vacancies Rise in H1 FY22 Despite High Net Absorption

Office vacancies in Bengaluru, Hyderabad & Chennai rose the most among the top 7 cities – by 4.2%, 3.9% & 2.78% respectively in H1 FY22 vs same period in FY2021; in contrast, Pune & Kolkata saw vacancy levels reduce Increased new office completions largely responsible for higher vacancies in southern cities; these 3 cities saw […]

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