Non-Metros to Be the Next Growth Drivers for Commercial Real Estate – Prestige Group

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…

Read More