Anarock reports 7% rise in workplace leases to Rs 83 per sq ft/month across main Indian cities in H1 FY24 because of development value hikes. Office area activity stagnates, with a 5% supply enhance and 1% absorption decline. Average rents grew in Chennai (10%), Hyderabad (8%), Bengaluru, Pune, Kolkata (7%), MMR (5%), and Delhi-NCR (5%). In the last couple of years, the residential market has come out of an extended period stagnancy in prices. Attracted by the prospect of capital positive aspects, the residential market is at present witnessing huge participation from buyers, according to international property consultant Cushman &…

Anarock reports 7% rise in workplace leases to Rs 83 per sq ft/month across main Indian cities in H1 FY24 because of development value hikes. Office area activity stagnates, with a 5% supply enhance and 1% absorption decline. Average rents grew in Chennai (10%), Hyderabad (8%), Bengaluru, Pune, Kolkata (7%), MMR (5%), and Delhi-NCR (5%). In the last couple of years, the residential market has come out of an extended period stagnancy in prices. Attracted by the prospect of capital positive aspects, the residential market is at present witnessing huge participation from buyers, according to international property consultant Cushman &…