India Defies Global Office Rental Slump: Vestian
Real Estate

India Defies Global Office Rental Slump: Vestian

India’s office market is outpacing global peers, with 2024 clocking a record 70.7 million sq ft in leasing—up 16 per cent Y-o-Y, reports Vestian. While global cities like New York and Hong Kong face rental dips, Indian metros saw rental growth between 3.8 per cent and 8.2 per cent, driven b...

India’s office market is outpacing global peers, with 2024 clocking a record 70.7 million sq ft in leasing—up 16 per cent Y-o-Y, reports Vestian. While global cities like New York and Hong Kong face rental dips, Indian metros saw rental growth between 3.8 per cent and 8.2 per cent, driven by sub-dollar rentals and strong demand from IT and Global Capability Centres. Multinational interest remains high, drawn by India’s affordability, young talent pool, and expanding infrastructure. Premium hubs like BKC and Connaught Place command $3–4 per sq ft. Vestian anticipates continued momentum as India’s economic and office space appeal strengthens globallyContact: VestianWebsite: https://www.vestian.com/Email: info@vestian.com.

Next Story
Resources

Hafele opens new design studio in Tirupati

Hafele has opened a new franchise showroom in Tirupati, Andhra Pradesh, in partnership with WDA Design Studio Private Limited. Located on Upparpalli Main Road, the showroom showcases the brand’s full range of premium interior solutions.Graced by Ms. Padma Gupta, Director – HR & Customer Experience at Hafele South Asia, and directors of WDA Design Studio, the launch highlights Hafele’s focus on growing its presence in South India. The studio is designed as an automation-ready, one-stop solution for modern interiors, offering an immersive layout with realistic and futuristic displays.V..

Next Story
Resources

Trio of Mega Media-Tech Events to Open in Dubai

Three major industry events—CABSAT, Integrate Middle East (Integrate ME), and the debut SATExpo Middle East—are set to kick off today (May 13) at the Dubai World Trade Centre, bringing together over 36,000 professionals across media, broadcast, satellite, and Pro AV sectors.The 31st edition of CABSAT will feature over 700 brands and welcome more than 18,000 visitors. It will showcase innovations across content production, broadcasting, and technology through platforms such as the Content Congress, Studio City Tour, and Co-Production Salon. Country pavilions from China, France, and Germany ..

Next Story
Resources

Ajman Tourism Launches German Roadshow to Boost Global Ties

The Ajman Tourism Development Department (ATDD) has kicked off a strategic promotional roadshow across Germany, targeting the cities of Hamburg, Frankfurt, Stuttgart, and Leipzig. Running until May 17, the initiative aims to position Ajman as a compelling destination for German travellers and industry stakeholders.Led by H.E. Mahmood Khaleel Alhashmi, Director-General of ATDD, the delegation seeks to build long-term partnerships through direct meetings, live events, and focused promotional campaigns. The tour highlights Ajman’s evolving tourism portfolio, with a strong emphasis on sustainabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?