Office: Vacancy is likely to remain low, with developers likely to be strategic in project completions and taking up new construction after carefully assessing the demand levels in the market.
Residential: Developers expect a significant slowdown in new launches with even the under-construction projects getting delayed due to shortage of manpower and non-availability of construction materials in the current COVID-19 situation and the lockdown period.
Retail: With demand being healthy for a major part of the quarter, rents in key malls and high streets have shown a good increase over the past year and within the quarter as well.
India Investment: The COVID pandemic put a lot of countries on lockdown mode and some ongoing deals and those in advanced stages went on hold due to investment decisions being delayed or final contracts not yet signed.
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