Office Rents Surge Across Metros, Led by MMR and Hyderabad

28 May 2025 CW Team

Office rental values have risen sharply in major Indian metros over the past two and a half years, according to real estate consultant Anarock. The report cites strong demand for premium office spaces as businesses return to physical workplaces.

In the Mumbai Metropolitan Region (MMR), average office rent climbed twenty-eight per cent to Rs 168 per square foot, up from Rs 131 in 2022. Hyderabad followed with a rise of twenty-four per cent to Rs 72, while Delhi-National Capital Region (NCR) posted a twenty per cent increase to Rs 110.

Bengaluru rents rose sixteen per cent to Rs 95 per square foot, while Pune and Chennai saw moderate growth of eleven point one per cent and nine point one per cent respectively. Current rents in these cities stand at Rs 80 and Rs 72.

Anarock noted that United States-based firms account for forty-five per cent of India’s office leasing, with a significant share in MMR’s banking and financial services sector.

The firm added that the post-pandemic rebound and appetite for Grade A spaces are driving the surge, despite global uncertainties.

Source: PTI

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..