Real estate
news & trends

The average transaction size in 2022 at USD 105 million was also 46% higher than in 2021.

Nearly 60 shopping malls encompassing a total retail space of 23.25 million sq. ft are expected to become operational during 2023-25

office market net absorption across the top seven cities for the full year was recorded at 38.25 million sq. ft, hitting a three-year high

Bengaluru, Mumbai, and Chennai emerge as the top three cities, accounting for nearly 77% of the monthly leasing activity in November 2022

The DC industry is expected to close the year with estimated absorption in the range of 150-170MW1

Office net absorption is expected to be up 50% Y-o-Y, residential sales to touch 2 lakh units, warehousing & light manufacturing* to surpass 40 million sq. ft

Number of GCCs would cross 2,300 over the next 3 years from 1790+ as of 2022

Kolkata, Hyderabad, and Pune remain the most affordable residential markets in the country