Buoyant demand drives average housing prices, 10% YoY growth across eight major Indian cities: CREDAI – Colliers – Liases Foras
Average housing prices across the top eight markets in India witnessed a 10% YoY rise during the last quarter of 2024, led by healthy demand momentum and positive market sentiment. Interestingly, average housing prices have been on a rising spree…
Colliers India successfully facilitates 105-acre land deal in Pune between Hiranandani Group and Krisala Group
Colliers India, a leading global diversified professional services company, recently facilitated a significant Joint Development land deal in Pune between two prominent real estate developers, Hiranandani Group and Krisala Group. The land asset, spanning 105 acres, is located in North Hinjewadi, Pune, and is…
Colliers India transacts 207,000 square feet office space for Rubrik at Embassy TechVillage Bengaluru
Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT‘), India’s first listed REIT and the largest office REIT in Asia by area, announced today that it has signed an Agreement to Lease (‘ATL’) with global cybersecurity company Rubrik…
Foreign investors infuse an average of ~USD 4 Bn investments per year in Indian real estate
Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has recently launched its latest insights into the dynamic year ahead forecast for the Asia Pacific real estate industry. Colliers’ 2024 Investor Insights – Country Spotlight Series provides real estate…
Stans Buildtech Group secures INR 160 crores from SWAMIH Fund to revive stalled SRA project, Sky Annex, in Mumbai
Leading real estate consulting firm, Colliers India, recently assisted Stans Buildtech Homes Pvt. Ltd. in securing financing of Rs. 160 crores from SWAMIH Fund, managed by SBICAP Ventures Limited, for its SRA project. Sky Annex, located in Chembur, Mumbai, was taken over by…
GCCs to lease 45-50 msf of Grade A office space by 2025: Colliers
Over the next two years, Global Capability Centers (GCCs) are expected to lease about 45-50 million square feet of office space, accounting for approximately 40% of the total office demand across the top 6 cities. Improved business sentiments and positive…
Indian Real Estate Sees Strong Institutional Investment Momentum, Reaches USD 5.4 Bn, Approaching Pre-Pandemic Levels
Institutional investments in Indian real estate sector maintained a steady momentum at USD5.4 billion, rising 10% YoY during 2023. The year witnessed highest levels of investment inflows since 2020 showcasing India’s resilience despite uncertainties in global markets otherwise. While foreign investments…
Office gross leasing to close at 40-45 mn sq ft in 2023
India office sector is expected to close stronger at 40-45 million sq feet of gross leasing across the top 6 markets in 2023, perceptibly higher than predicted in Mar 2023, according to Colliers’ latest report “India office market – Changing…
Innovative Net Zero Technologies Shaping a Sustainable Tomorrow
Reducing our carbon footprint and inching towards net zero targets must be prioritized, and together, we can begin to create a sustainable future for the industry. Over the past few decades, there has been a rapid increase in population, which…
AI and ML advancements in Construction Project Management
AI and ML use has accelerated in recent years due to the increasing availability of data and the development of more powerful algorithms. What is AI and ML? Artificial intelligence (AI) and machine learning (ML) are two of the most…