Office Leasing in Top Cities Jumps 54 per cent in Jan–Mar: JLL India Report

21 Apr 2025 CW Team

Net office leasing across India’s top seven cities rose by 54 per cent year-on-year to 12.78 million square feet during January to March 2025, as corporates continued expanding their workspace footprints, according to real estate consultancy Jones Lang LaSalle (JLL) India.

Net absorption refers to actual space physically occupied minus vacated space and excludes pre-committed space until occupation.

Gross leasing climbed 28 per cent to 19.46 million square feet — the highest first-quarter volume recorded for any calendar year. This figure includes all completed lease transactions, including pre-commitments, but not renewals or deals still under negotiation.

The seven cities covered are Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, and Pune.

JLL noted this strong start signals sustained confidence in India’s commercial real estate sector despite evolving hybrid work patterns.

The report also suggests robust demand from sectors like technology, global capability centres, and financial services is supporting long-term office space growth across metro markets.

Source: Press Trust of India

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..