Office: With several projects in the final stages, approximately 14.18 msf is estimated to be delivered by 2023 which includes 3.91 msf of new projects that are likely to become operational in H2 2021.
Retail: Supermarkets, home improvement suppliers, consumer durable electronics are few of the retail categories that are likely to thrive well in these micro markets backed by steady demand from residential pockets in these catchments.
Residential: The need for tangible assets and an ambition to have a designated space for work separate from conventional room; in keeping with WFH requirements will drive the sales of 1 BHK & 2BHK typologies.
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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