Office: After witnessing slippages in project completion timelines in Q2 on the back of labour shortage and delay in obtaining requisite permissions from the authorities, Q3 has seen a revival with new supply totalling 4.3 msf getting added to the city’s Grade A office inventory.
Retail: As a gradual relaxation in lockdown norms was initiated since June, main streets in the city, which have always seen a fairly high proportion of retailer activity, opened up and started seeing retailer traction, though much lower than the pre-COVID levels.
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