IIMB and CRE Matrix make history with launch of India’s first commercial rental index on 29 November

Today marked a landmark occasion as the Real Estate Research Initiative at IIM Bangalore, in partnership with CRE Matrix, introduced India’s first scientific model-based commercial rental index for the Indian office market. The inaugural index, known as the IIMB-Cre Matrix Commercial Property Rental Index (CPRI), was unveiled on 29 November 2024, at IIM Bangalore, in the presence of IIMB Director Dr. Rishikesha T Krishnan, Dr. Soudeep Deb, Decision Sciences area, Dr. Venkatesh Panchapagesan, Finance & Accounting area, Ananth Narayan, Whole Time Member, SEBI, and leaders from Cre-Matrix including—Abhishek Kiran Gupta, CEO & Co-founder; Abhishek Tiwari, Co-founder & Commercial Head; and Pranav Bhalla, Research & Consulting Head. Also present were academic leaders, industry players, real estate developers, and policymakers from SEBI, Google, Brigade Group, Prestige, K. Raheja, CBRE, Table Space and HDFC Capital.