Bengaluru and NCR accounted for 66 percent of net coworking absorption in Q1 2023. In IT/ITeS-driven cities like Bengaluru, Chennai and Pune, the relatively low vacancy levels in Grade A offices have spurred the demand for co-working spaces, the report said
Aman Kapoor, CEO-Airport Land Development, GMR Airports Ltd, gives us a detailed insight into how the company has invented new paradigms in the world of urban design with the development of its meticulously planned Aerocities
The office sector continued to drive the investment inflows accounting for 55% of the total inflows during the quarter, followed by the residential sector at 22% share. Investment inflows in the office sector rose by 41% YoY at $0.9 billion, led by select large deals.
Start-ups and multinational corporations (MNCs) looking to set up their offices and data centres in NCR are driving the strong development of commercial real estate
