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Hyderabad Records Highest Level Of Of...

Chalanachithram.com DB » New TF Industry Related » Archive through November 10, 2015 » Hyderabad Records Highest Level Of Office Net Absorption « Previous Next »
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Redbull
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Posted on Tuesday, November 10, 2015 - 07:59 am:       


Andhrawala:

Time to invest in Bangalore now then.




http://economictimes.indiatimes.com/wealth/real-estate/news/ bengaluru-is-top-destination-for-real-estate-investments/art icleshow/49733923.cms

top desination anta
 

Andhrawala
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Posted on Tuesday, November 10, 2015 - 07:49 am:       


Rajusk:

Bengaluru and Delhi-NCR witnessed a fall of 84% and 42% respectively.




Time to invest in Bangalore now then.

As buffet says be fearful when others are greedy. Be greedy when others are fearful
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Rgb
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Posted on Tuesday, November 10, 2015 - 07:46 am:       

Ninna Sesani vesadu. Hyderabad
 

Rajusk
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Posted on Tuesday, November 10, 2015 - 07:43 am:       

According to the latest report on commercial office space market released by Cushman & Wakefield, a global property consultant, net absorption in the eight cities (including Mumbai, Delhi-National Capital Region (NCR), Kolkata, Bengaluru, Ahmedabad) in July-September quarter declined by over 50 percent to 5.4 million sqft (msf) over same period last year, but Hyderabad staged a comeback. Hyderabad in Telangana recorded highest levels of office net absorption and Mumbai leads pre-commitment in Q3 2015 (July-September) while Bangalore saw a decline in both net absorption and pre-commitments in the same period.


Total absorption or the total area of office spaces leased out by tenants or developers in these cities during the three-month period stood at 5.4 msf. Hyderabad made an emphatic comeback with net absorption being recorded the highest at levels of 2.4 msf while pre-commitments were at 3,85,000 sqft (sf). Other cities such as Delhi, Mumbai and Bengaluru saw a sharp decline in net absorption of commercial office space. While Mumbai saw a decline of 124%, Bengaluru and Delhi-NCR witnessed a fall of 84% and 42% respectively.



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