The modern practices in corporate India in many industries particularly in the IT and software, technology, and white collar corporate operations means that the commercial real estate projects had to adapt for their leasing strategy. Before the pandemic, office space was designed around the tenants’ experience for the facilities, security, utility, maintenance, parking, and so on.

The year 2022 is showing tremendous signs in the office leasing numbers as this Colliers India post shows.

Absorption in the first two quarters of the year has already surpassed more than 80% of the total absorption seen in the whole of 2021. Clearly, office demand is well headed to close at 40-45 mn sq feet by the end of this year. Resultantly, rentals are also likely to firm up in next two quarters as the occupancy levels rise.”

Ramesh Nair, CEO, India and Managing Director, Market Development, Asia, Colliers (source)

Office space and commercial real estate in Zirakpur and Mohali

The Zirakpur Mohali region right from the Zirakpur in Chandigarh-New Delhi road towards PR7 road to the Aerocity in Mohali is the hottest commercial real estate investment zone for office space, retail, and and leisure and entertainment zones. The real estate investors in Zirakpur, Mohali, and Chandigarh are designing the modern office space for the right kind of remote work or hybrid work experience.

Tick Property works with commercial real estate owners on the strategy, design, leasing, and for the onboarding and operations in running a successful landlord-tenant relationship. Write to [email protected] for a conversation.

Comments to: Office leasing trends in Indian commercial real estate—A Colliers report

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contact 9814210011, 9855063463, [email protected]

Join us today!

Join us for real estate industry updates, news, new projects, trends, reports, and new property updates.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

As the consumer products are becoming technology driven whether for connected devices at home, the voice technology, using integrated apps for house maintenance, it clearly impacts how you select a new home to buy in Mohali and Zirakpur. Whether you are looking for app enabled security system, the power consumption patterns, or the air quality […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]