Prestige Group – Commercial Real Estate Prestige Group – Commercial Real Estate – The Commercial land sector in India is undergoing a metamorphosis of sorts. The office market, notably, which reached its peak in 2019, was significantly impacted by Covid-19 and therefore the ensuing lockdown. In 2020, internet absorption of office spaces witnessed around a forty five drop to 25.5 million sq. ft., while new completions stood at 36.4 million sq. ft., a fall of 27%. Prestige City Ups and downs With the gradual opening of the economy post the…
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Sales Share of Listed Realty Players on the Rise
Prelaunch Projects in bangalore Prelaunch Projects in bangalore- The increased share of the top listed players over the years provides a roadmap of homebuyers’ evolving preferences The overall housing sales share of the top eight listed realty players is increasing inexorably y-o-y. As per the latest ANAROCK data, of the total sales made in the first nine months of 20-2021 (approx. 93,140 units) across the top seven cities, the top eight listed players’ share stood at 22 per cent while non-listed leading players’ share was 18 per cent. Non-branded developers…
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