India
New Delhi's office leasing volume down 26.5% to 8.3m sq ft in 2020
New Delhi's office leasing volume down 26.5% to 8.3m sq ft in 2020
That is compared to the 5-year average of 11.3m sq ft.
New Delhi office space absorption down 68% in Q2
Gurgaon and Noida contributed 90% of the net absorption in 2Q20.
New Delhi to post the highest office vacancy rate in APAC by end-2020
Delhi, Shanghai, Shenzhen and Chengdu will have vacancy rates in excess of 20%.
Indian residential market to rebound within six months; Bengaluru and Chennai to lead the recovery
Demand for homes in the affordable and mid segments is expected to drive the market.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
