Sunday, July 19News That Matters

News

India’s Office Absorption Hits Record 23.9 Mn Sq Ft in Q2 2026 as Demand-Supply Gap Widens to 9 Mn Sq Ft, Fueling Rental Growth – Vestian.

India’s Office Absorption Hits Record 23.9 Mn Sq Ft in Q2 2026 as Demand-Supply Gap Widens to 9 Mn Sq Ft, Fueling Rental Growth – Vestian.

News
New Delhi, 16th July 2026: Construction activity rebounded in Q2 2026 after a subdued previous quarter, while office leasing grew at a much faster pace. This can be substantiated by the fact that new completions increased by 53% quarter-on-quarter to 14.9 Mn sq ft, while absorption reached an all-time high of 23.9 Mn sq ft, widening the demand-supply gap to 9.0 Mn sq ft in Q2 2026. As a result, vacancy levels improved by 105 basis points and rentals appreciated in the range of 3-9% over the previous year. The gradual widening of the demand supply gap is expected to further reduce vacancy levels and drive rental appreciation across major commercial hubs, indicating a gradual shift towards a developer-driven market.Source: Vestian ResearchOffice Market Summary: Q2 2026City A...
8th Global Real Estate Brand Awards: Industry Stalwarts Convene in Bengaluru to Celebrate Innovation and Leadership.

8th Global Real Estate Brand Awards: Industry Stalwarts Convene in Bengaluru to Celebrate Innovation and Leadership.

Architecture, News
Winners celebrate at the 8th Global Real Estate Brand Awards 2026.Bengaluru, Karnataka, IndiaThe eighth edition of the Global Real Estate Brand Awards (GREBA) 2026 concluded successfully at the Taj MG Road, Bengaluru. The prestigious summit brought together over 200 prominent real estate developers, policymakers, tech innovators, and corporate leaders to deliberate on the evolving dynamics of India's real estate sector, with a strong focus on artificial intelligence (AI), PropTech, and sustainable urban development.The event culminated in an awards ceremony recognizing over 25 developers, corporate leaders, and landmark projects for their contributions to luxury housing, commercial infrastructure, sustainable design, and industry leadership.Strategic Collaboration...
Delhi NCR & Chennai drive more than 45% of industrial & warehousing demand during H1 2026; 3PL firms continue to dominate leasing: Colliers.

Delhi NCR & Chennai drive more than 45% of industrial & warehousing demand during H1 2026; 3PL firms continue to dominate leasing: Colliers.

News
During H1 2026, industrial & warehousing demand across top 8 cities stood at about 22 million sq ft, a 12% rise YoY3PL firms drove 30% of overall demand in H1 2026, followed by Engineering and E-commerce segments New supply outpaced demand with about 25 million sq ft of completions during H1 2026New Delhi, 16 July 2026: Industrial and warehousing demand sustained its strong momentum in H1 2026, reaching nearly 22 million sq ft, up 12% YoY across the top eight cities. Delhi NCR and Chennai remained the leading markets, together accounting for more than 45% of the overall leasing in H1 2026. Beyond these front runners, Mumbai, Pune and Bengaluru also recorded healthy activity, each surpassing 2 million sq ft of Grade A space uptake during the first half of the year, reflecti...
Powering Life Beyond Boundaries: Sachin Tendulkar Goes Off-Grid With Luminous EDGE GO

Powering Life Beyond Boundaries: Sachin Tendulkar Goes Off-Grid With Luminous EDGE GO

Home Improvement, LIFE & ARTS, News
https://youtu.be/BFlDBNTOUiYThe new Luminous EDGE Portable Power Series digital film brings alive the idea of power on the go, enabling consumers to carry reliable energy wherever life takes them—from outdoor adventures and road trips to everyday moments beyond the home.Luminous Launches Edge Portable Power Station with Brand Film Featuring Sachin Tendulkar- New Delhi,India,Friday, July 17, 2026 1:58PM IST (8:28AM GMT)-Luminous Power Technologies, India's leading consumer energy solutions brand, has launched a new brand film featuring cricket legend and long-standing brand ambassador Sachin Tendulkar, celebrating the versatility, lifestyle appeal, and dependable performance of the Luminous EDGE Portable Power Series. Through the campaign, Lumino...
Homes with a View: SNN Raj Bay Vista introduces “Work from Nature” Concept in the Heart of South Bengaluru with Lake Facing Homes.

Homes with a View: SNN Raj Bay Vista introduces “Work from Nature” Concept in the Heart of South Bengaluru with Lake Facing Homes.

Architecture, News, PROPERTY MATTERS
Bengaluru, July 16, 2026: Imagine waking up every morning to the sight of a tranquil lake outside your window instead of another concrete building. In a rapidly urbanising city like Bengaluru, where open spaces are becoming increasingly scarce, such experiences have become a rarity. It is this rare blend of nature and city living that SNN Raj Corp seeks to bring alive with the launch of SNN Raj Bay Vista, its premium residential development on Kodichikkanahalli Main Road, Bilekahalli, in South Bengaluru.As homebuyers increasingly look beyond conventional apartments, priorities have shifted from simply owning a home to finding communities that support wellness, flexibility and a better quality of life. The rise of hybrid work has also changed what people expect from their homes, with la...
THE LEELA UNVEILS THE LEELA COORG FOREST SANCTUARY.

THE LEELA UNVEILS THE LEELA COORG FOREST SANCTUARY.

Architecture, News
The iconic forest retreat is reimagined as a distinctive expression of True Indian Luxury, where ancient forests, verdant coffee plantations, transformative wellbeing and timeless Indian hospitality come together in one of India's most pristine natural landscapes.MUMBAI, India, July 9, 2026 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts, India's only pure-play luxury hospitality brand, today unveiled The Leela Coorg Forest Sanctuary, the new identity for its recently acquired retreat in Coorg. The reimagined identity reflects the property's extraordinary setting amidst 76 acres of ancient forests, coffee plantations and the rich biodiversity of the Western Ghats, while reinforcing The Leela's vision of creating distinctive luxury destinations that are deeply rooted in their surr...
India’s Finest. World’s Best. The Leela Ranked the World’s #2 Best Hotel Brand in the Travel + Leisure World’s Best Awards 2026 Survey

India’s Finest. World’s Best. The Leela Ranked the World’s #2 Best Hotel Brand in the Travel + Leisure World’s Best Awards 2026 Survey

Architecture, Lifestyle, News
The Leela Palace Udaipur has been ranked the #2 Resort in India and is featured in the top 100 Hotels in the World, while The Leela Palace New Delhi has been ranked #2 among the Best City Hotels in India in the same survey. MUMBAI, India, July 13, 2026 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts has been ranked the #2 Best Hotel Brand in the World in the Travel + Leisure World's Best Awards 2026 Survey, one of the travel industry's most prestigious global rankings. Voted by the discerning Travel + Leisure readers from around the world, the recognition places The Leela among the world's finest luxury hospitality brands and reinforces its position as the leading Indian luxury hospitality brand on the global stage. Further strengthening this achievement, The Leela Palace Udaipur ha...
Chief Minister D.K. Shivakumar inaugurated the Sri Shanmukha Subramanya Temple at Lingadheeranahalli, Banashankari 6th Stage, Bengaluru.

Chief Minister D.K. Shivakumar inaugurated the Sri Shanmukha Subramanya Temple at Lingadheeranahalli, Banashankari 6th Stage, Bengaluru.

Architecture, News
July 12-Chief Minister D.K. Shivakumar inaugurated the Sri Shanmukha Subramanya Temple at Lingadheeranahalli, Banashankari 6th Stage, Bengaluru, on Sunday. Members of Parliament Dr. Sudhakar and Dr. G.C. Chandrashekhar; MLAs Ajay Singh, S.T. Somashekhar, and Kampli Ganesh; Rajaguru Dwarakanath; Sringeri Sharada Math Administrator Gowrishankar; Krishnamurthy; Dr. Shankar Guha; retired IAS officer Shyam Bhat; and others were present on the occasion.Karnataka's representatives, dignitaries to receive first daily aarti at Tirumala temple: CM DK Shivakumar Etiquette order from Karnataka government A tower of divine grace on the foundation of devotion Dwarkanath is not afraid of threats. Bengaluru, July 12: "The first aarti to be held daily in Tirupati is from Karnataka. An order wi...
Clearance of footpath encroachments will continue in the limits of the five municipal corporations: Chief Minister D.K. Shivakumar So far, 435 km of footpaths have been cleared of encroachment.

Clearance of footpath encroachments will continue in the limits of the five municipal corporations: Chief Minister D.K. Shivakumar So far, 435 km of footpaths have been cleared of encroachment.

News, PROPERTY MATTERS
Bengaluru, July 10, (Karnataka News): Since July 1, a total of 9,878 encroachments have been cleared on a total of 435 km of footpaths. The encroachment clearance operation will continue in the jurisdiction of all the five corporations, said Chief Minister D.K. Shivakumar. Speaking about the footpath encroachment and the eviction operation of traders in various parts of the city, he conducted a city tour on Friday and received information from Bangalore Urban Development Minister Krishna Byre Gowda. Later, he answered questions from the media near the Ashoka Pillar in Jayanagar. There were a total of 1,340 shops, about 1,800 push carts. Push carts have been allowed to be taken away. About 2,267 shops had tin sheets installed in front of them, which have also been removed. 2,300 steps, p...
Bengaluru continues to lead GCC office transactions in India, Residential prices rise 9% on sustained demand: Knight Frank India.

Bengaluru continues to lead GCC office transactions in India, Residential prices rise 9% on sustained demand: Knight Frank India.

News, PROPERTY MATTERS
Bengaluru records 14.1 mn sq ft of office transactions in H1 2026; highest amongst the eight Indian citiesGCCs drive Bengaluru’s office leasing activity in H1 2026 Residential sales grow 5% YoY to 27,968 units, while launches rise 4% YoY Average residential prices rise 9% YoY to INR 9,354 per sq ftBengaluru, July 09, 2026: Knight Frank India in its latest report, India Real Estate: Residential and Office (January - June 2026) H1 2026, cited that Bengaluru continued to reinforce its position as India's premier destination for Global Capability Centers (GCCs), recording 8.5 mn sq. ft. of GCC-led office space leasing in H1 2026, the highest among all cities. GCCs accounted for 60% of the city's total office transactions, highlighting sustained confidence from multinational cor...