Colliers India is helping Hong Kong-based Epic Group build its first manufacturing plant in Bhubaneswar, Odisha, with a Rs 220 crore project.

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

The Infibeam Avenues-commissioned Artificial Intelligence and Technology Extension Hub in Ahmedabad will be built by Colliers. With plans to open within 18 months, this new building is an expansion of the planned AI centre in GIFT City, Gujarat.

A prominent hospitality company sold a Bangalore boutique hotel via Colliers India. Colliers worked well with the Asset Reconstruction Company (ARC), Trustee, bank, buyer, and seller to complete this 150,000-square-foot transaction.

One of Bangalore's biggest co-working space deals: IndiQube leased a 1,037-seater premium managed workplace to Ninjacart in Bengaluru's Outer Ring Road Corridor, according to Colliers, the real estate consultancy that coordinated the deal.

In a significant real estate move, the National Securities Depository Limited (NSDL) has secured a sprawling 68,000 sqft office space in Mumbai's prestigious Bandra-Kurla Complex. The deal, worth an estimated Rs 198 crore, was inked with IDFC First Bank.

After a cautious first quarter, India's top six cities' office space absorption rose 2 percent to 14.6 million square feet in the second quarter of 2023, up from 14.3 msf in 2022.

Global Supplier of Professional Services and Investment Management, Colliers Appoints Peush Jain as Managing Director of Office Services for India

Colliers has launched a joint venture with the Embassy Group and SAS infra to build three office complexes totaling 14 million square feet in Hyderabad.

Colliers has just relocated to One BKC in Mumbai. This is consistent with the company's ambitious plan to integrate and improve its operations in the area while pursuing quick expansion in Mumbai, the country's financial centre and one of the country's major marketplaces.