Office market continued its strong performance in Q2 2024, registering 15.8 million square feet of office leasing across the top 6 cities, marking a notable 16% rise over previous quarter. 4 out of 6 cities saw more than 20% increase in office leasing in the second quarter on a sequential basis, signaling robust occupier confidence and market sentiment.
The fundamental drivers of credit demand are broadly intact and a revival in private corporate capital expenditure (capex), especially towards the second half of fiscal 2025, can provide tailwind.
Acclaimed author and former CEO, Procter & Gamble India, Gurcharan Das, has emphasised the importance of the Indian government maintaining its momentum on reforms. Praising the Centre for bringing in reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme for […]