Demand for office space in Special Economic Zones (SEZs) stayed surprisingly resilient in early 2020, with several large occupiers rushing to close leases despite the March 31 sunset date for key income‑tax benefits. Far from stalling, SEZ transactions were driven by consolidation, long‑term cost savings and occupiers’ confidence in India’s technology and services export story. […]
Coliving, coworking and student housing emerged as “sunshine” real estate asset classes in early 2020, delivering rental yields of about 7–11 percent versus the 3 percent national average from traditional residential formats. A CII–ANAROCK report titled Emerging Asset Classes: The Future Looks Promising highlighted how these models were reshaping India’s rental market and attracting both […]
ANAROCK Group expanded into office real estate with the launch of ANAROCK Commercial, targeting the massive INR 63,000 crore strata sale market for under-construction Grade A office spaces across India’s top seven cities. This vertical focuses exclusively on selling office assets to corporates, high-net-worth individuals (HNIs), and end-users, building on ANAROCK’s success in residential sales […]
Bengaluru, 16 January, 2020 E‑commerce major Amazon is lining up one of the largest office space requirements in Bengaluru, with plans to lease about 2 million sq ft in the city as part of a massive expansion of its India operations, according to people familiar with the development. The mandate, focused largely on North Bengaluru […]