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}

Mumbai MarketBeat Reports

21/10/2024
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 Mumbai MarketBeat reports on the various sectors below.

CURRENT MARKETBEATS

Office Buildings CBD
Mumbai Office Report

Mumbai office market saw gross leasing volume (GLV) of 5.25 MSF, a 10% rise from Q2-24, driven by fresh leases, comprising 63% share followed by renewals (34%). IT-BPM led with 23% share, followed by BFSI (21%) and professional services (13%). Q3 GLV was concentrated in Malad-Goregaon (23%), Powai (20%), and Lower Parel (13%). Net absorption stood at 2.64 MSF, a 54% q-o-q rise. Vacancy rate of 15.8%. was recorded in Q3. City-wide market rentals rose by 8-10% over the year.

Click here to download the report

Shopping Retail
Mumbai Retail Report

Mumbai malls saw leasing volumes of 0.16 MSF in Q3-24, a 23% q-o-q and 76% y-o-y growth. Prominent malls in suburban areas contributed ~64% of leasing activity. City-wide mall vacancy dropped to 7.06%. Superior malls maintained tight vacancies of 1-3%. Fashion segment led with 37% share, followed by furniture & furnishing sector (25%). International brands comprised 51% of Q3 mall leasing. Main street leasing stood at 0.06 MSF, led by furniture & furnishing (25%), followed by accessories & lifestyle (17%) and F&B (15%). Rentals in main streets grew by of 5-7% and in malls by 1-4% y-o-y.

Click here to download the report

Warehouse Internal Rack
Mumbai Residential Report

In Q3-24, Mumbai residential market recorded 18,313 unit launches, a 5% q-o-q increase. Navi Mumbai led with 20% share followed by the eastern suburbs (19%) and the western suburbs (19%). Mid segment dominated new launches, comprising a 47% share. Among mid-segment launches, Thane was most preferred with a 35% share, followed by Navi Mumbai (24%) and the western suburbs (22%). City-wide average rental values have remained range-bound while capital values grew 12% y-o-y.

Click here to download the report

Warehouse Internal Rack
Mumbai Industrial Report

Mumbai’s warehousing sector saw leasing activity of ~2.87 MSF in H1 2024. Bhiwandi submarket dominated with 98% share. 3PL led with more than 65% of deals, followed by retail (17% share). Large scale deals in Bhiwandi submarket comprised ~ 46% of deals. Industrial sector saw leasing activity of 0.13 MSF. Warehousing rentals in JNPT road, Panvel and Khopoli witnessed steady growth. The land value in Panvel, Taloja and Uran submarkets saw stellar annual growth driven by infrastructure upgrades. Land values in Thane Belapur Road continued to witness an uptrend.

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

Aditya Birla Fashion and Retail Limited Chennai
Article

Aditya Birla Fashion and Retail Limited Chennai

Adyar is a very prime & sought-after high street in Chennai and therefore a short-supply market. Aditya Birla Fashion and Retail Limited (ABFRL) was looking out for a property to set up their store in the area.
18/06/2021
Tata Cromā
Article

Tata Cromā

Tata Cromā, a leading consumer electronics and durable retail chain in India, wanted to open a new store in Guntur.
17/06/2021
Citroën
Article

Citroen

Cushman & Wakefield retail team successfully transacted 13,000 SF flagship store for Citroen. In addition to be their first showroom in Mumbai, it also is their largest in India.
Anoop Vasudeo • 16/06/2021

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