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AHMEDABAD MARKETBEAT REPORTS

Rohan Sharma • 30/07/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Office space uptake was negligible in the quarter, thereby increasing vacancy rate by around 80 bps q-o-q to 41.3%.

Retail: There was no major leasing activity on the main streets during the quarter as the lockdown prompted retailers to shut their stores amidst declining footfalls even as the lockdown allowed only essential items stores to operate.

Industrial: Demand for industrial land parcels in H1 2020 was largely muted in the Ahmedabad region, with the impact of an economic and manufacturing slowdown being felt to a greater extent in this growth market as compared to the larger cities.

Residential: Normalcy is likely to be restored once the government gives more leeway and opens up inter-district transport and developers make arrangements for migrant workers to travel to project sites.

Investment: The industrial and logistics sector will continue to present good investment opportunities as the sector has the potential to be recession-proof even as the shifts in consumption patterns and India’s push towards manufacturing creates stable asset performance with investors remaining upbeat on this asset class.

Learn more by clicking our most recent Ahmedabad MarketBeat reports below.

CURRENT MARKETBEAT

Office Buildings CBD
Ahmedabad Office Report

The Ahmedabad office market recorded a net absorption of just 0.054 msf in Q2 2020, which was at less than 10% levels of the previous quarter.

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Warehouse Internal Rack
Ahmedabad Industrial Report

Warehouse leasing volumes were negligible during the first half of the current year, with the pandemic and the lockdown shock impacting market activity very significantly.

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Shopping Retail
Ahmedabad Retail Report

Mall owners continue to operate under a cloud of uncertainty due to social distancing requirements and lack of footfalls.

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Warehouse Internal Rack
Ahmedabad Residential Report

In the wake of the COVID-19 pandemic and imposition of a lockdown in Ahmedabad, residential launches fell sharply in Q2.

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Warehouse Internal Rack
India Investment Report

Transaction volumes fell to less than a third on a q-o-q basis, to INR 2.3 bn (USD 0.03 bn). H1 2020 is still already higher than 2019 full-year volumes.

CLICK HERE TO DOWNLOAD THE REPORT

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