Real Estate News: Property News, Updates On Residential, Industrial Property

The sector recorded an all-time excessive leasing in 2023, taking 7.1 million sq ft across eight cities, which is predicted to dip to 6-6.5 million sq ft in 2024, according to CBRE. Mumbai’s 10% worth progress in the past 12 months pushed primarily by prosperous homebuyers on the lookout for a lifestyle upgrade within the backdrop of a strong financial surroundings which continues to gain momentum. This entire facility is predicted to house greater than three,000 workers spanning throughout completely different verticals of operations and know-how. Bank of America has entered a long-term lease of 9 years and might be …