Office space absorption up by 17% in Jan-Mar quarter

Last Updated: Friday, April 12, 2013, 21:08

Office space apsorption rose by 17 percent to 6.6 million sq ft in the seven major cities of the country during January-March quarter, according to global property consultant CBRE.

Demand for office space to reach 30 mn sq ft this year: DTZ

Last Updated: Sunday, April 7, 2013, 13:04

These emerging positive indicators are expected to help stimulate the real estate sector.

Office space absorption drops by 23% this year in top 8 cities

Last Updated: Thursday, December 27, 2012, 17:39

The total net absorption for 2012 was recorded at 29.05 million sq ft in the 8 major cities.

Top 8 cities to see office space oversupply of 21% by 2016

Last Updated: Thursday, October 4, 2012, 21:55

Top eight cities of the country would witness an excess supply of office space to the tune of 21 percent over the next five years, according to a projection by global realty consultant Cushman & Wakefield.

Services sector to revive office space demand: Experts

Last Updated: Sunday, September 30, 2012, 12:28

At a time when the real estate sector is slowing down, mainly due to high interest rates and unfavourable government policies, the services sector is expected to revive demand for office space with an estimated absorption of 28-30 million sq ft by the year-end, industry experts say.

Slowdown effect: Office space demand plunges 32% in H1

Last Updated: Sunday, August 5, 2012, 09:37

On an average, the absorption of office space during H1 of 2012 declined 32 percent, experts say.

Office space leases soar to 7 mn sq ft in Apr-Jun quarter:Survey

Last Updated: Tuesday, July 10, 2012, 18:39

Nearly seven million sq ft of office space were leased out during the April-June period, notwithstanding a sluggish real estate market for large space requirements, says a survey.

Commercial property rental outlook positive: Survey

Last Updated: Tuesday, May 22, 2012, 20:34

Despite indications of sluggish demand for office space to still remain, there has been an uptake in absorption in first quarter of 2012 along with an increase in rental value, a recent survey says.

Commercial property rental outlook positive: Survey

Last Updated: Tuesday, May 22, 2012, 20:34

Despite indications of sluggish demand for office space to still remain, there has been an uptake in absorption in first quarter of 2012 along with an increase in rental value, a recent survey says.