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anarock: Avg rent rises 7% annually in Apr-Sep across 7 cities to Rs 83/sq ft/month: Anarock

Anarock reports 7% rise in office rentals to Rs 83 per sq ft/month across major Indian cities in H1 FY24 due to construction cost hikes. Office space activity stagnates, with a 5% supply increase and 1% absorption decline. Average rents grew in Chennai (10%), Hyderabad (8%), Bengaluru, Pune, Kolkata (7%), MMR (5%), and Delhi-NCR (5%). MMR remains priciest at Rs 136 per sq ft; NCR hits Rs 85. ....

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Marcos grants lifeline for NCR ecozone applicants

To bolster employment opportunities in the National Capital Region (NCR) and other areas, President Ferdinand Marcos Jr. has granted a second chance to applicants with Pre-Qualification Clearances from the Philippine Economic Zone Authority (PEZA) to create new economic zones in Metro Manila. ....

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Ultra-luxury homes hit record high sales in 2023

“The collective sales value of ultra-luxury homes sold in 2023 is Rs 4,063 crore, in comparison, 2022 saw a total of 13 ultra-luxury homes sold in these cities for a total sales value of approximately Rs 1,170 crore,” said Anuj Puri, Chairman of Anarock group. ....

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NCR Voyix Named World's Largest Point of Sale (POS) Software Provider by RBR Data Services

NCR Voyix Named World's Largest Point of Sale (POS) Software Provider by RBR Data Services
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