Demand for office space improved in most cities with relaxations in lockdown while residential new launches gained momentum in few cities. Demand for mall spaces remained muted while highstreets gained momentum.
Market Highlights:
Office: Office market witnessed signs of recovery as cities recorded good demand.
Retail: Mall leasing remained sluggish.
Residential: Residential launches improved in most cities.
What’s more?
Ramesh Nair, CEO and Country Head, shares insights on ‘Indian Office and Residential market Q3 2020 update’ published by JLL.