Office: The quoted rental values across all major submarkets largely remained stable in Q2. Some of the new projects that entered the market this quarter have marginally higher rents as compared to submarket averages.
Retail: Rental values across malls and main streets are also expected to stabilise towards the remaining part of the year, with some marginal growth in prominent malls and main streets towards the end of 2022.
Residential: The affordable segment witnessed the maximum q-o-q growth in absolute terms in Q2, on the back of larger scale affordable project launched in Extended Western Suburbs.
Investment: Foreign Direct Investment (FDI) inflows in the construction development sector were recorded at INR 10.9 bn during January – March 2021, a slight drop of 4.2% q-o-q. FDI inflows for the financial year 2020-21 declined by 28.3% owing to the pandemic.
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