Office: The year started on a bright note in terms of healthy supply addition to the city’s office inventory despite slippages in project completion timelines during H2 2020. The first quarter of the year recorded a healthy supply of 3.58 msf with a remarkable q-o-q growth of 67%, but a decline by 21% y-o-y.
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An early revival of the city’s office sector may even support a marginal appreciation of rents in the medium term given the tight vacancies and steady demand.
India Office Market Report Q1 2020
India Office Market Report Q2 2020
Reviewing the Union Budget 2021-2022
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