New Delhi, June 13 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) Scheme represents a bold and visionary step towards creating a new generation of industrial infrastructure in India, according to the industry.The Union government has notified the guidelines of the Rs 33,660 crore BHAVYA Central Sector Scheme for selecting 50 proposals to set up industrial parks with world class infrastructure to facilitate investment for manufacturing growth and increasing employment in the country. Financial …
Latest Colliers India News & Updates
New Delhi, June 11 (IANS) India is strengthening its position as a leading global talent hub for financial services, with Mumbai, Delhi NCR and Bengaluru ranking among the world’s top 30 financial services markets, according to a report released on Thursday.A report by real estate consultancy Colliers India said Indian cities are favourably placed in terms of labour availability, talent pipeline, venture capital funding activity and industry output.Financial services firms are increasingly reass…
New Delhi, May 26 (IANS) India’s artificial intelligence (AI) market is expected to surge more than 50-fold from over $9 billion currently to upwards of $500 billion in the coming decades, positioning the country as a major driver of office demand and workplace transformation in the Asia Pacific region, according to a report released on Tuesday.The report by Colliers India highlighted that AI-enabled workforces, demographic shifts, energy security, climate risks and changing global economic dy…
New Delhi, May 20 (IANS) An estimated $110-120 billion investment is expected to flow into the Indian renewable energy sector in the next few years, primarily for solar and wind projects, a new report showed on Wednesday.By 2030, the upcoming solar and wind projects would translate into $10–15 billion opportunity in land aggregation and acquisition. This growth outlook is led by the government’s definitive targets to transition to cleaner and greener energy sources in its bid to become net z…
New Delhi, May 14 (IANS) Thirteen high-activity clusters, which together dominate industrial and warehousing activity across a broader universe of 40 clusters in India, are likely to command 70-80 per cent of the market in the coming years, a report showed on Thursday.India’s industrial and warehousing market has emerged as one of the best-performing real estate asset classes, marked by rising scale and Grade A stock touching 300 million square feet – almost twice the inventory levels of 202…
New Delhi, April 15 (IANS) The industrial and warehousing demand across the top eight cities remained strong in the January-March period, witnessing a 22 per cent annual growth with 11 million square feet of leasing, a report said on Wednesday.Delhi-NCR continued to drive demand during the quarter, with 28 per cent share, followed by Chennai with 21 per cent share, according to the Colliers report. Notably, leasing in Hyderabad and Bengaluru also remained robust, with Grade A industrial and ware…
New Delhi, April 8 (IANS) Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent is likely to provide stability for mortgage rates, real estate industry leaders said on Wednesday.Shrinivas Rao, FRICS, CEO, Vestian welcomed the pause as a relief for developers and homebuyers as it will keep mortgage rates competitive when construction costs remain elevated over the ongoing West Asia crisis.Rao said the move could help cushion the impact of rising input costs on demand…
New Delhi, March 26 (IANS) India’s office real estate market has begun 2026 on a strong note, with leasing activity touching 18.3 million square feet in the January–March quarter, a report said on Thursday.This marks a 15 per cent increase compared to the same period last year, according to a report by Colliers India.The growth was largely driven by major cities like Bengaluru and Hyderabad, which together accounted for nearly half of the total leasing activity at 8.7 million square feet.Oth…
Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.Global capability centres (GCCs) have evolved from traditional back-offices to innovation-driven, domain specialised, technologically integrated centres and are set to drive 30-35 million sq ft of leasing in 2026, accounting for 40-50 per cent of the Grade A offic…
Bengaluru, March 5 (IANS) As Asia Pacific office demand rose 11 per cent in 2025, India alone accounted for nearly 68 per cent of total leasing and 55 per cent of new supply across the top 11 APAC markets, a report showed on Thursday.Total office leasing across the region’s 11 key office markets reached 9.8 million square metres (105.5 million square feet) in 2025, an 11 per cent year‑on‑year increase, anchored by robust Grade A space uptake across major markets including India, Mainland C…