NCW Prime Offices Fund acquires the ESG-upgraded Prius Platinum in Saket, South Delhi for ₹750 crore. Discover how this Grade A asset signals a shift in India's commercial real estate market towards sustainable, rent-yielding properties.

Over 50% of Chennai's 89 million sq ft office real estate may require upgrades, according to CBRE. Retrofitting could unlock rental gains of up to 20% and attract ₹39–66 billion in investments.

As availability of top-grade office space declines, companies are turning to bespoke, build-to-suit workspaces to drive efficiency, flexibility, and brand identity.

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.

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.

Mumbai's office property market has set a new Indian lease rental record. The Toronto-Dominion (TD) Bank extended its India headquarters lease at Maker Maxity in the Bandra-Kurla Complex (BKC) for an astounding Rs 604 per sq ft per month.

Brigade Group, headquartered in Bangalore, secured a JDA to build a premium Grade A office space on Sankey Road in Bengaluru's CBD

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.