With supply exceeding demand, Indian office rentals will remain stable or even marginally fall in the seven major cities, according to leading real estate consultant CB Richard Ellis (CBRE). (more…)

UK-based serviced office provider Avanta, which blocked properties at the peak of the realty boom in India and started offering office space to clients during the downturn, is in the process of shutting down its Mumbai operations after incurring significant losses. (more…)

Excess supply has made office rentals in key commercial centres in Mumbai and Delhi come down by half over last year, and realty analysts fear that with business houses waiting for economic activity to pick up speed and a raft of new commercial facilities nearing completion, the rates could head further southwards. (more…)

Mumbai, which became the second-most expensive office property market globally one-and-a-half years ago at the peak of a real estate boom in the country, has now slipped out of the top-five list, as per a survey of 170 cities by real estate consultant CB Richard Ellis. (more…)

Serviced office rentals in India on short flexible leases are the way forward for Indian companies in the current climate according to recent coverage of Indian office rentals. (more…)

Indian office rentals are still in demand in Ahmedabad, the city has registered the lowest vacancy of 5-6 per cent in a recent study by Cushman and Wakefield, but Chennai suffers. (more…)

Global companies may be closing down but demand for serviced office rentals in India is growing as the credit crunch takes hold. (more…)