In a landmark transaction valued at ₹2,550 crore, the Prime Offices Fund managed by Nuvama Asset Management and Cushman & Wakefield has acquired a 2.4 million sq ft LEED Platinum-rated office campus in Chennai's Porur from Singapore's Keppel Group—marking one of India's largest domestic fund-led off

India's flexible office market is set to achieve a major milestone with Cushman & Wakefield projecting the space inventory to cross 100 million square feet by 2026, driven by corporate demand and cost advantages.

Cushman & Wakefield report reveals how plug-and-play industrial parks can transform India's manufacturing sector. Ready-made zones with integrated infrastructure reduce setup time, cut costs for MSMEs, and boost export competitiveness through multimodal connectivity.

Prime Offices Fund has acquired a premium 3 lakh sq ft office space in Saket, Delhi for ₹750 crore. The property is 95% leased and aligns with PRIME’s sustainability-led investment strategy.

Corporate India is experiencing an unprecedented surge in pre-leasing activity for premium carbon-neutral office spaces as demand significantly outpaces supply. 2024 has already seen a record 89 million square feet leased across India's top eight cities.

Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.

The first quarter of the year saw Delhi-NCR dominate the market for high-end luxury flats priced at least INR 15,000 per square foot among the top eight cities. A large number of new luxury apartment developments sold out rapidly in the area.

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

In an innovative move, Nuvama Asset Management, the alternative investment arm of Nuvama Wealth Management, and Cushman & Wakefield have formed a joint venture to raise a 3,000 crore commercial property fund.

India's Office Market Leadership in APAC. India may dominate Asia Pacific office space demand by 2024. Over half of regional demand is projected from the top eight Indian cities, including Bengaluru, Mumbai, and Delhi.