Office space supply records a new peak in 2024
Trump-Modi Meet
The mega MIGA, MAGA plans of India's Modi and US' Trump
Trump says India has more tariffs than others
Trump's 'golden rule' for imposing reciprocal tariffs
Among the top seven cities, the maximum fresh supply was seen in Hyderabad followed by Bengaluru.
With robust absorption and supply in 2024, vacancy rates improved slightly, decreasing from 13.98% in 2023 to 13.91% in 2024. Additionally, rental prices increased by 3.8% to 8.2% across the top seven cities.
“IT-ITeS sector continued to dominate leasing activities during 2024 with 36% share. The share has increased from 24% a year earlier. While IT industry is expected to lead in 2025 on the back of strong demand from GCCs, other segments such as BFSI and Flex Spaces are also anticipated to garner traction,” said Shrinivas Rao, FRICS, CEO, Vestian.
Since the pandemic, office space absorption has gradually increased each year, despite global headwinds. In 2024, the absorption reached an all-time high of 707 lakh square feet, reflecting a 16% annual increase.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Performance Marketing for eCommerce Brands
By — Zafer Mukeri, Founder- Inara
