Q3 housing sales dip 11% across top 7 cities; office demand soars 31%
Q3 housing sales tapered down amid high prices and monsoon. The ‘shraad’ period also suppressed some demand; Bengaluru and Hyderabad drove over half of Q3 space uptake
Q3 housing sales tapered down amid high prices and monsoon. The ‘shraad’ period also suppressed some demand; Bengaluru and Hyderabad drove over half of Q3 space uptake
The IT/ITeS, e-commerce, healthcare, and FMCG sectors have propped up the office real estate market, which is expected to record a net absorption of 32 to 35 million sq.ft. by the year end.