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commercial real estate

14 Jan 2023

Recession to have considerable repercussions on commercial real estate: Expert

Anuj Puri, Chairman of ANAROCK Group, said that the forecast for the Indian CRE sector is cloudy with chances of sunshine. A global recession would have several direct and considerable repercussions on the Indian commercial office market, he said. Harsh Vardhan Patodia, President, CREDAI, said that despite the macroeconomic challenges, the outlook for commercial real estate in 2023 is still positive.

commercial real estate

02 Dec 2022

Bengaluru tops commercial office destination list in first half; Pune follows

With the economic activities gaining pace this year, the commercial real estate sector also made some significant gains in 2022. Bengaluru and Pune remain the top commercial office destinations for IT-ITeS and coworking occupiers. Bengaluru has overtaken Pune in overall office space activity.

21 Nov 2022

Real estate markets perform well despite difficult macroeconomic conditions

Major real estate markets across the Asia Pacific continued to perform well in the third quarter of 2022, despite the loss of some growth momentum Difficult macroeconomic conditions marked by high inflation and rising interest rates hampered the growth momentum. Investments in the commercial office sector In India saw a revival during January-September 2022.

Business News 2016

16 Dec 2016

Landmark reform in realty sector: Passage of Real Estate Regulation Bill

Touted as a major reform measure to regulate the vast real estate sector and bring order in it, the Real Estate (Regulation and Development) Bill, 2016 was passed by the Rajya Sabha on 10 March 2016 and by the Lok Sabha on 15 March 2016.

06 Mar 2015

Analysts see monetisable value of REITs at over USD 96 bn

The tax sops proposed in the Budget for REITs (real estate investment trusts) can help realise a potential USD 96 billion by listing the occupied commercial real estate across offices, retail and warehousing segments over the next few years, according to analysts and industry leaders.

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