While Bengaluru tops the charts, Hyderabad has been ranked number 7 and makes a surprise entry, scoring highly on long-run growth potential, although it scores less on other socio-economic factors and does not yet match Bengaluru as a source of talent. As per Colliers Research, about 56 million square feet (5.2 million sq m) of office space, Hyderabad is only about 40% of Bengaluru’s size. However, development is proceeding apace, with total stock set to increase by 33 million sq ft or 60% by 2021.
- USD 970 million PE inflows in retail hit 5-year high in 2019
- Logistics leasing at an all-time high of 33 million sq feet in 2019: CBRE
- OYO Workspaces forays into Chennai
- Sobha & Godrej top choices of HNIs & NRIs, finds Track2Realty Global Buyer Report 2020
- Union Budget 2020-21 neither for survival nor revival of real estate
- Star Rating to be the game changer of real estate: Balvinder Kumar, Member, UP RERA
- Is real estate realistic with resolution to make 2020 best year ever?
- Remarkable resilience of Indian real estate in 2019