Tag: Savills India

CommercialLatest Stories

India’s Office Boom Hides a Key Carbon Issue Beyond Buildings

Representative AI image NEW DELHI: The commercial office market in India is expanding at an unexpected rate, with leasing across six major cities surpassing 75 million square feet in 2025, a significant increase from 32 million square feet in 2020, representing a compounded annual growth rate of 19%. Yet, this rapid growth brings a hidden, pressing concern: the carbon footprint associated with outfitting and refurbishing these offices every five to seven years. A recent research report by Savills India indicates that interior fit-outs, often overlooked in discussions about green buildings, may equal or exceed the embodied carbon emissions of the…

CommercialLatest Stories

India Office Leasing Up 10% to 21.6M Sq Ft in Q1 2026

NEW DELHI: India’s office market achieved a gross absorption of 21.6 million sq ft across six major cities in the January-March quarter of 2026, reflecting a 10% year-on-year increase, as reported by Savills India. This growth comes against a backdrop of global economic uncertainties. The quarter also saw a 28% year-on-year decline in new supply, totaling 7.9 million sq ft, which contributed to a decrease in overall vacancy rates to 13.9% amid consistent leasing activity. The robust beginning of the year positions the total office demand for 2026 at an estimated 75 million sq ft, while supply is anticipated to…

IndustryLatest Stories

Real Estate Private Equity Soars 66% to $1.2B in Q1 2026

NEW DELHI: Private equity (PE) investments in India’s real estate sector reached $1.2 billion in the January-March quarter of 2026, reflecting a 66% rise from the same period last year, as reported by Savills India. Office assets represented the largest portion of these investments at 41%, primarily concentrated in markets like Gurugram and Pune. The hospitality sector followed, capturing a 17% share, indicating a growing interest from investors in asset classes beyond the traditional ones. Domestic investors were the main contributors to equity inflows this quarter, accounting for $817 million, which is approximately 66% of total investments. A significant 63%…

IndustryLatest Stories

PE Inflows in Indian Real Estate Surge 59% to $6.7B by 2025

NEW DELHI: Private equity investments in Indian real estate surged 59% year-on-year to reach $6.7 billion in 2025, fueled by high demand in core asset classes and a favorable macroeconomic environment, according to a recent report by Savills India. Office assets received the largest investment share, totaling $2.4 billion, or over 35% of the total influx, supported by steady leasing activity. The data center and residential segments contributed 23% and 21% respectively, showcasing a growing investor interest in digital infrastructure and housing. Foreign investors accounted for a substantial 76% of total inflows at $5.1 billion, reflecting continued global confidence in…

CommercialLatest Stories

Mumbai’s Office Space Costs Soar 8% in Q4 2025

NEW DELHI: Mumbai experienced an 8% quarter-on-quarter rise in net effective all-in occupier costs between Q3 and Q4 2025, marking the highest increase among 40 global cities in Savills India’s study. This growth was attributed to tight supply conditions and consistent demand for top-grade A office spaces. Delhi also saw a rise in prime office costs during the quarter, showcasing ongoing interest from occupiers in high-quality office buildings. Globally, net effective prime office costs rose by an average of 1.1% in Q4 2025, with 23 out of the 40 monitored cities reporting increases. Over the entire year, global prime office…

CommercialLatest Stories

India office leasing remains steady at 75.2 million sq ft in 2025

NEW DELHI: By the end of 2025, India’s office market demonstrated stability, with gross leasing across six key cities reaching 75.2 million sq ft, consistent with the previous year, as reported by Savills India. Bengaluru, Delhi-NCR, and Mumbai were the standout markets, collectively representing nearly 61% of the total office leasing activity. Despite uncertainties in the global economy, demand showed resilience, bolstered by new market entrants and the expansion of global capability centers (GCCs). Savills projects a positive outlook for 2026, driven by sustained interest from GCCs, technology firms, and the BFSI sector, although the robust supply pipeline may slightly…

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Premium Home Prices Surge 36% in 2025, Driven by New Builds

NEW DELHI: In 2025, India’s premium residential market experienced significant price increases, with capital values rising by as much as 36% year-on-year in major cities. A report by Savills India attributes this surge to ongoing construction projects, enhanced infrastructure connectivity, and consistent end-user demand. The report highlights a more pronounced price increase in the under-construction premium segment. This is reflective of elevated launch prices, escalating construction and land costs, and a growing interest in amenity-rich homes. In Mumbai, under-construction premium residences saw a year-on-year price increase of 20–30%, while Noida recorded the steepest hike of 9–36%. Gurugram experienced a growth…

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Private Equity in Indian Real Estate Soars 59% to $6.7B by 2025

NEW DELHI: Private equity investments in India’s real estate sector saw a significant surge in 2025, with total capital deployment reaching $6.7 billion (₹593 billion), reflecting a 59% increase from the previous year, as reported by Savills India. The investment figure encompasses equity investments made through private channels, structured debt deals by alternative investment funds (AIFs), and non-convertible debenture (NCD) issuances. Foreign investors maintained a dominant presence, responsible for 76% of total private equity inflows. Savills highlights the recovery as being driven by improved regulatory transparency via RERA, developers’ balance sheet consolidation, and a stronger emphasis on asset-level performance. The…

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$3.9B Flow into Indian Real Estate from Private Equity (Jan-Sept 2025)

NEW DELHI: According to Savills India, a leading global real estate consulting firm, private equity investments in the Indian real estate sector reached USD 1.5 billion (₹131 billion) in Q3 2025. This marks a 32% decline compared to the previous year, yet the overall activity remains strong, with year-to-date (YTD) inflows totaling USD 3.9 billion (₹334 billion), closely approaching 2024’s figures. During Q3 2025, the office sector dominated investment, attracting USD 0.6 billion (₹52 billion), or 39% of total inflows, followed by data centers at 38%. The residential segment made up 20%, and co-living, though modest at 1%, is emerging…

CommercialLatest Stories

India’s Top Six Cities Absorb 57 Million Sq Ft: Report

Certainly! Here’s a rewritten version of the provided content: NEW DELHI: India’s office market experienced significant growth in 2025, achieving 56.8 million sq ft of gross absorption across its top six cities within the first nine months, as reported by Savills India. The impressive growth was primarily driven by Global Capability Centres (GCCs), which represented over 30% (5.9 million sq ft) of the total leasing activity. Other sectors such as IT-BPM, BFSI, and flexible workspaces also showed sustained demand. The report noted a 9.6% increase in new supply year-on-year, reaching 35.4 million sq ft, alongside a decrease in the overall…