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OFFICE LEASING MARKET TRENDS
AI redraws office demand dynamics as GCCs power India's leasing marketGlobal Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are redu...
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
TMC Board collapses in Dankuni Municipality as Chairman, Vice-Chairman quit; people chant "chor, chor"Dankuni Municipality board collapsed after key leaders resigned amid public outcry. West Bengal minister criticized Trinamool's absent coun...
Amazon Seller Services leases over 4.17 lakh sq ft warehouse in Bhiwandi near MumbaiAmazon India has taken a warehousing facility in Bhiwandi through a long-term lease, set for nine years beginning June 2026. The financial ...
Noida opens bidding for 19 kiosks near GIP Mall: Empty shops to be allotted individually; monthly rent charges hereNoida Authority is set to allot 19 kiosks near GIP Mall individually after a bulk lease plan last year found no takers due to high rental r...
SNN Estates targets Rs 1,000 crore revenue from North Bengaluru projectSNN Estates targets Rs 1,000 crore revenue from its SNN Estates Felicity project. The developer is expanding the project after selling 75% ...
India's office market recorded its strongest quarter with gross leasing of 24.6 million sq ftIndia's office market recorded its strongest quarter ever in Q2 2026. Gross leasing reached an all-time high of 24.6 million square feet. D...
Delhi HC: Centre asked to respond to Gymkhana Club eviction noticeThe Delhi High Court has sought the government's response regarding a petition filed by Delhi Gymkhana Club members. The club and its staff...
India's office leasing hits record as multinationals expand despite global uncertaintyIn the first half of 2026, India's office market saw unprecedented growth, with a staggering 45.5 million square feet leased. This remarkab...
Paul Pelosi hit-and-run case puts spotlight on his net worth: How much is Nancy Pelosi’s husband worth and how did he build his wealth?Paul Pelosi hit-and-run: Paul Pelosi, husband of former House Speaker Nancy Pelosi, was involved in a hit-and-run incident in Yountville, C...
Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
Office leasing in India's top 8 cities skids 14.5% in Q2; vacancies hit post-Covid lowOffice space leasing in India's top eight cities saw a 14.5% year-on-year dip in Q2 2026, absorbing 11.6 million sq ft. Despite global econ...
Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in BengaluruGlobal banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significa...
Delhi Gymkhana Club served show cause notice in eviction proceedings; asked to explain why it should not be evicted by July 7The Union Government has escalated eviction proceedings against the Delhi Gymkhana Club, issuing a show cause notice under the Public Premi...
Hyderabad is India's most expensive GCC office market, commands 15% premiumHyderabad has emerged as India's priciest office market for Global Capability Centres (GCCs), commanding a 15% premium. The city leads the ...
Madhya Pradesh siblings unearth Rs 30 lakh diamond in Panna districtSiblings Rakesh and Raju have struck gold again, unearthing an 11.19-carat diamond in Madhya Pradesh's Panna district. This marks their sec...
GCC demand, flex workspaces keep India's office leasing on growth path in H1India's office market is thriving, with a 6% year-on-year surge in leasing to 35.7 million sq ft in the first half of 2026. Global Capabili...
Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: ColliersOffice space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced ...
Accenture picks up over 1 million sq ft office in Hyderabad through 10-year leaseAccenture has secured a massive 1 million sq ft office space in Hyderabad on a decade-long lease, committing around Rs 900 crore. This sign...