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Commercial OYO Workspaces, Innov8, Co Working Spaces, OYO Co Working, Ritesh Kapoor, Co Working in Delhi NCR, Co Working in Connaught Place
OYO Workspaces’ Innov8 opens its second centre in Connaught Place

Co-working is gaining immense popularity in the new-age workforce providing hassle-free ways of working and networking. Innov8’s new centre is located in central Delhi, attracting the best minds to collaborate and work together. The new centre offers a dedicated desk starting at an affordable price of INR 10,999/- per month and with the recently launched flexi pass at INR 2,999/- per month and a day pass at INR 600/- per hour for a hot desk or a meeting room.

Commercial Flexible Workspaces, India Office Market, Co Working Spaces, Office Space Trends, Commercial Real Estate, Colliers Research
Demand from flexible workspace operators to account for about 18-20% of total gross leasing in 2019

About 33% of the occupiers surveyed said they are likely to take up space in a flexible workspace over the next 24 months, primarily for the host of benefits provided. About 45% of occupiers surveyed are uncertain about leasing in flexible workspaces, with the decision hinging on their expansion plans over the next two years. On the other hand, about 22% of the respondents said they are not likely to take up space in flexible workspace centers over the next 24 months.

Commercial Commercial Realty, Commercial property, Indian real estate news, Indian realty news, Real estate news India, Investment in commercial property, ROI of commercial property, Track2Realty
Residential builders moving to commercial property

The greener pastures are mostly defined with numbers and not execution capabilities or business model. For example, the absorption of office space has been upwards of 40 million square feet per annum for the last 3 years. The overall sentiments in this segment look bullish with PE investors also putting in money. As a matter of fact, even in retail real estate the PE investors are bullish and exploring even the Tier II cities having malls with good footfalls, brand mix and strong sales. This is what is enticing the residential developers looking for both the buyers as well as the capital investments.

Commercial IT SEZ, IT SEZ in India, Future of IRT SEZ in India, Commercial real estate in India, Realities of IT SEZ in India, IT SEZ Report Card, Investment in IT SEZ, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty
More than 40 million sq ft of multi-tenanted IT SEZ space to completion by 2020

The uncertainty regarding the continuity of fiscal incentives is an area of growing concern among various stakeholders of Special Economic Zones (SEZs). Although, more than 40.0 million sq ft of new supply is scheduled for completion by 2020, which is currently mandatory to qualify for the companies to get income tax benefits in SEZs, it seems unlikely for all the projects to complete construction by then.

Commercial - india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Delhi NCR real estate, Mumbai Real Estate, Bangalore Real Estate, Pune Real Estate news,Track2Media, Track2Realty, ravi sinha
Commercial heat map witness to changing housing needs

Urban planning experts believe this is a much deeper question because it is not just about the existing urban centres but also about the way urbanisation is eventually going to happen in this country. As per the UN statistics the urban population of 40 crore in India would be 60 crore in less than 20 years of time. It clearly suggests that the existing cities won’t be able to fit in this additional 20 crore population, whether indigenous or migrants.

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