Further Decline in Office Space Rentals at Nariman Point

Published: January 19, 2010

The micro-market of Nariman Point was among the few in the country where office space rentals fell over the last quarter in an otherwise stabilising commercial real estate market. According to a report by commercial real estate services firm CB Richard Ellis, this is primarily due to relocation of offices from Nariman Point to further [...]

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Real Estate Shows Signs of Stability after a Long Freefall

Published: July 14, 2009

Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst phase for the industry seems to be over as lease rentals both in peripheral areas as well as the central [...]

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