Category: Commercial

Stay updated with the latest developments in commercial real estate. Our coverage includes market trends, leasing activity, office space demand, retail property updates, and major commercial deals. Whether you’re an investor, developer, or tenant, get expert insights and news on the evolving commercial property landscape.

CommercialLatest Stories

Real Estate Capital Inflows Surge 32% to $8.5B in H1 2026

NEW DELHI: India’s real estate sector saw equity capital inflows of $8.5 billion in H1 2026, marking a 32% increase from $6.4 billion in the same period of 2025, according to a report by CBRE South Asia. In Q2 2026 alone, total inflows reached $3.4 billion, remaining stable compared to Q2 2025. Acquisitions of land and development sites, along with built-up office assets, constituted approximately 94% of overall equity investments in the quarter. Developers contributed about 34% of total capital, followed closely by domestic institutional investors at 32%, together accounting for roughly 66% of Q2 2026 inflows. Capital inflows from…

CommercialLatest Stories

Smartworks Leases 930+ Seats to Pune Professional Firm

Representative AI image NEW DELHI: Smartworks Coworking Spaces has secured a lease for over 930 seats in Pune with the Indian subsidiary of a UK-based global professional services and technology firm. This agreement brings the client’s total seat count with Smartworks to more than 1,730. The 60-month contract is projected to generate committed rental revenue of approximately ₹58 crore. When combined with the existing agreement, the total rental commitment is expected to reach around ₹102 crore. Clients with 300 or more seats contribute about 69% of the company’s rental revenue, maintaining an average tenure of approximately 47 months. Multi-city clients…

CommercialLatest Stories

India Office Leasing Falls 2% to 48M Sq Ft in H1 2026

Representative AI image NEW DELHI: In the first half of 2026, office leasing in India’s top eight cities reached 48 million sq ft, representing a slight two percent decline compared to the previous year, according to Knight Frank India. However, supply additions surged by 35 percent year-on-year, totaling 27.1 million sq ft during this period. The total office stock in these markets increased to 1,054.6 million sq ft, marking a six percent annual growth. Vacancy rates remained relatively stable, dipping slightly by 12 basis points year-on-year to 14.6 percent in H1 2026. Bengaluru led the office leasing market with 14.1…

CommercialLatest Stories

NCR Office Leasing Drops 1% to 7.2M Sq Ft in H1 2026

NEW DELHI: In the first half of 2026, the National Capital Region (NCR) saw gross office leasing reach 7.2 million sq ft, reflecting a slight one percent decrease compared to the previous year, as detailed in a report by Knight Frank India. Office completions amounted to four million sq ft during this timeframe, marking a two percent decline year-on-year. Overall, the total office stock in NCR has risen to 208.1 million sq ft, registering a five percent annual increase. Average transaction rents saw a significant rise of 13 percent year-on-year, reaching ₹106 per sq ft per month in H1 2026.…

CommercialLatest Stories

Mumbai Office Leasing Jumps 33% to 7.3M Sq Ft in H1 2026

NEW DELHI: In the first half of 2026, Mumbai’s gross office leasing reached 7.3 million sq ft, marking a 33% year-on-year increase, as reported by Knight Frank India. This notable growth is attributed to significant institutional transactions and strong demand from global capability centers (GCCs), BFSI firms, and third-party IT/ITeS occupiers. Office completions, however, saw a 30% decline year-on-year, totaling 1.6 million sq ft during this period. Mumbai’s overall office stock increased by 3% year-on-year, reaching 173.8 million sq ft. Vacancy rates dropped by 205 basis points year-on-year to 15.6% in H1 2026 due to heightened leasing activity and reduced…

CommercialLatest Stories

Bengaluru Office Leasing Drops 23% to 14.1M Sq Ft in H1 2026

NEW DELHI: In the first half of 2026, Bengaluru reported office transactions totaling 14.1 million sq ft, reflecting a 23% drop year-on-year, as per a Knight Frank India report. This decrease is attributed to a high benchmark set in H1 2025, which included 8.3 million sq ft of pre-commitment transactions. Notably, excluding these pre-commitments, Bengaluru achieved its highest half-yearly leasing volume, the report highlighted. Office completions surged by 407% from the previous year, reaching 10.4 million sq ft in H1 2026 as numerous large-scale projects that faced delays were finally completed. The total office inventory in Bengaluru increased to 254…

CommercialLatest Stories

Hyderabad Office Leasing Up 29% to 7.5M Sq Ft in H1 2026

NEW DELHI: In H1 2026, Hyderabad’s office transactions reached 7.5 million sq ft, marking a 29% increase compared to the previous year, as reported by Knight Frank India. This marks the highest leasing volume for Hyderabad in the first half of a year, and the second-highest total transaction volume following H2 2019. Office completions surged by 111% year-on-year, totaling three million sq ft during this period, while the overall office stock in Hyderabad increased to 129.1 million sq ft, up by 5% year-on-year. Despite a rise in supply, vacancy rates decreased by 296 basis points to 11.5%. The average transacted…

CommercialLatest Stories

Executive Centre leases 1.15 lakh sq ft in Delhi Aerocity

Representative AI image NEW DELHI: The Executive Centre (TEC) India has secured a lease for 114,954 sq ft of office space at Worldmark 6, Aerocity, Delhi, from Alborz Developers, as per documents obtained from Propstack. The company will occupy the seventh floor under this new lease, effective from March 26, 2026. The monthly rent is approximately ₹2.47 crore, starting at ₹215 per sq ft. Over the nine-year lease period, the total rent is projected to be around ₹309 crore, factoring in scheduled escalations. A security deposit of about ₹14.83 crore has been paid. The lease includes a 15% rent escalation…

CommercialLatest Stories

Meghalaya Cabinet OKs Second IT Park in New Shillong

Representative AI image SHILLONG: The Meghalaya cabinet has approved the revised administrative approval (AA) for the second IT park building at the Shillong Technology Park campus in Umsawli, New Shillong. “The primary structure is close to completion. This revised approval will facilitate the creation of additional plug-and-play office spaces, a larger cafeteria, a modern auditorium, and centralized air-conditioning to cater to the needs of global IT and technology firms,” stated CM Conrad K Sangma after the cabinet meeting on Wednesday. The extra work is projected to cost around Rs 36 crore, as reviewed by the planning and finance departments. “According…

CommercialLatest Stories

Delhi-NCR Flex Space Makes Up 45% of Q2 2026 Office Leasing

Representative AI image NEW DELHI: Delhi-NCR saw a notable increase in flexible office space demand in Q2 2026, with flex operators representing 45% of the region’s total office leasing, as reported by CBRE South Asia. The area experienced total office leasing of approximately 3.6 million sq ft in this quarter, with flexible leasing contributing around 1.6 million sq ft. Research, consulting, and analytics firms made up 17% of the leasing activities in Delhi-NCR, followed by technology occupiers at 12%. In terms of new office supply, the region added about two million sq ft. According to CBRE, flexible leasing in Delhi-NCR…