Tag «Mumbai Office Market»

Mumbai Office Market: 2013 Review & Predictions For 2014: Ramesh Nair, COO – Business, Jones Lang LaSalle India

2013 Review: Increased Absorption Reduced Vacancy Rental & Capital Values Rise Stock Growth Slows CBD/SBD Lose Further Market Share Despite the uncertain economic conditions, absorption of office spaces in Mumbai rose by 4.4% y/y to 7 million square feet in 2013, as against the 6.7 million square feet in 2012. As a result, vacancy fell …

Supply Correction – A Good Sign For The Mumbai Office Market

Vivek Sahasrabudhe, Analyst – Research and Real Estate Intelligence Services, Jones Lang LaSalle India The economic slowdown has affected industries throughout the country. Indicators in 2012-13 such as GDP and the Index of Industrial Production signify weak performance for the Indian economy, but a recent reduction in the inflation rate and monetary easing offer some …