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Chennai MarketBeat Reports

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 Chennai MarketBeat reports on the various sectors below.


Office Buildings CBD
Chennai Office Report

The city recorded a gross leasing volume of 1.6 million square feet (msf) in Q2-2023, with a significant drop of 24% compared to the previous quarter. Fresh leasing accounted for nearly 89% of the quarterly leasing activity, experiencing a remarkable 78% year-on-year increase. Despite an increase in vacancy levels due to new supply, the city experienced healthy net absorption.

Click here to download the report

Shopping Retail
Chennai Retail Report

Strong leasing activity was recorded at main streets in Chennai, with a 30% q-o-q growth. Departmental stores dominated main street leasing, while the F&B sector led leasing activity in malls. Mall vacancy rates slightly decreased, and marginal rental growth is anticipated in the near term due to limited space availability.

Click here to download the report

Warehouse Internal Rack
Chennai Residential Report

Chennai witnessed healthy residential unit launches in Q2 2023, driven by Suburban South II submarkets. Mid-segment properties dominated with a 53% share, while high-end and luxury segments saw significant growth as well. Marginal price rise was observed, and demand remained strong along metro corridors due to improved infrastructure.

Click here to download the report

Warehouse Internal Rack
Chennai Industrial Report

The warehouse leasing market in Chennai experienced robust growth in H1 2023 compared to H1 2022. The primary driver was the logistics sector accounting for 69% share, followed by engineering & manufacturing at 26%. Strong demand for warehouse space resulted in a rental appreciation of 29% on a y-o-y basis. Industrial leasing recorded a 3X growth in the first half of 2023 compared to last year.


Warehouse Internal Rack
India Investment Report

The investment activity recorded in Q2 was INR 158.5 bn (USD 1.92 Bn) which was 63% higher than the previous quarter’s activity and 60% higher than the activity recorded in Q2-22.



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The Manufacturing Sector Growth Story of India

Explore and unveil the Growth Story of India's Manufacturing Sector
Rethinking the office sector
Research • Workplace

Rethinking the office sector in Asia Pacific

Our report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
Dominic Brown • 21/06/2023
Podcast: Logistics & Industrial in India (image)

Podcast: Logistics & Industrial in India

With international business looking seriously at India to take advantage of the world's second largest population - India is a complex and fascinating part of the world, for both investors and occupiers alike.
Rob Hall • 16/10/2020
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