CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Pune MarketBeat Reports

30/09/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Learn more by clicking our most recent Pune MarketBeat reports on the various sectors below.

CURRENT MARKETBEATS

Office Buildings CBD
Pune Office Report

Pune’s quarterly gross leasing volume (GLV) stood at 3.2 MSF in Q2 2024, a 1.6X jump from Q1 2024. Term renewals of 1.3 MSF witnessed, 1.2X the quarterly average of term renewals for the past 5 years. Fresh leasing activity during the quarter witnessed a slowdown from Q2-23. SBD East submarket led with 50% share followed by SBD West at 33%. Flex space and BFSI drove the quarterly leasing activity with 32% and 20.4% share respectively. Net absorption of 0.4 MSF was witnessed. City-wide headline rentals have remained stable q-o-q.

Click here to download the report

Shopping Retail
Pune Retail Report

Pune’s grade-A malls saw ~ 59,013 SF of leasing in Q2 2024. Mall leasing was 2x higher than in Q2-23 before new retail supply addition. Fashion segment dominated with a 30% share, followed by F&B at 13%. H1 2024 recorded close to 0.25 MSF in total mall leasing, 4x higher than H1 2023. Prominent main streets in Pune witnessed leasing of 34,265 SF, a 3% rise on a y-o-y basis. Grade A mall vacancy witnessed a 21 bps dip to 7.74%. Main street rentals saw a 7-8% rise on y-o-y basis, while mall rentals largely remained unchanged.

Click here to download the report

Warehouse Internal Rack
Pune Residential Report

Pune’s residential market saw 11,517 unit launches, a 35% rise from Q2-24. The mid-segment led with 43% share, followed by high-end units at 37%, which saw a 45% increase from the quarterly average of last 3 years. Luxury unit launches saw a 116% growth over the same quarterly period average. NH-4 Bypass dominated with 43% share followed by northern peripheral submarket (16%). Capital values in the northern peripheral market rose by 10-12% y-o-y. Re-development projects in high-density areas increased rentals by 8-10% in nearby localities.

Click here to download the report

Warehouse Internal Rack
Pune Industrial Report

Pune saw 1.78 MSF of warehouse lease transactions in H1 2024, a 21% rise from H2 2023. Automobile sector dominated with ~40% share, recording highest warehouse leasing share in the city. Chakan submarket commanded a 54% share. Pune recorded 4.2 MSF of industrial lease transactions, a 34% rise y-o-y. Engineering and manufacturing captured 56% share, followed by automobile sector (14.6% share). Chakan led Industrial leasing with 71.1% share. City-wide rentals saw 6-8% y-o-y increase.

CLICK HERE TO DOWNLOAD THE REPORT

Warehouse Internal Rack
India Capital Market Report

Q2 2024 witnessed massive investment inflows amounting to INR 231.5 Bn (USD 2.77 Bn), marking a 1.5x q-o-q growth. The Logistics & Industrial (L&I) segment led with 56% share.

CLICK HERE TO DOWNOAD THE REPORT

RELATED INSIGHTS

Resurgent Retail_CrdImage.png
Insights

Resurgent Retail

India, the world’s fastest-growing economy, is set to reach USD 5 trillion by 2027, becoming the third largest globally. This growth will bring numerous opportunities, especially in consumption-driven sectors like retail.
19/09/2024
Evolution of Co-working Spaces_CrdImg.jpg
Research • Workplace

From Flex to Managed: Evolution of the Flex Space Industry

The evolution of the flex segment in India’s office market has been a story of rapid transformation. The flex space operator footprint surged by 23% in 2022 and 18% in 2023, marking the sharpest rise seen in history! With H1-24 already adding about 5 MSF to the total inventory, 2024 continues to maintain this momentum.
03/09/2024
Reworking the office
Research • Workplace

REWORKING the Office Asia Pacific

Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Khurshed Gandhi • 03/11/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS