Market Updates
During the June quarter, leasing of office space in the top nine cities increased 61 percent due to improved demand, reaching a record 18.2 million square feet. CBRE, a real estate consulting firm, released its office leasing figures for the second quarter of 2022 on Monday. From the same time last year, the gross rental…
With an annual rent of $175.4 sq. ft. per year, Hong Kong SAR remains at the top of Asia’s most expensive office market. Knight Frank come up with their prime office rental index for the quarter of April-June, in which it is shown that Delhi-NCR has the 10th most expensive commercial property market in Asia-Pacific,…
Non stop connectivity from Nelson Mandela Road in Vasant Kunj to NH-8 near Shiv Murti. This will be done by the country’s widest tunnel to be constructed by using tunnel boring machine. It will also corroborate seamless drive to Terminal 3 of Delhi Airport. Bids will be done for this twin-tube tunnel by National Highway…
The Haryana government will invest Rs. 4800 crores in the construction of the Global City, where it has also put 150 acres of land for auction, as Mr Vikas Gupta, Managing Director of Haryana State Industrial and Infrastructure Development, said. For the development of Global City on 1003 acres of land identified on Dwarka Expressway…
