Commercial Real Estate Occupiers Put Their Leasing Plans On Back Burner In Wake Of The Second Wave Of COVID-19 Pandemic

Ever since the first wave of COVID-19 struck last year compelling corporates to put their employees in work-from- home mode, several corporates across the country have renegotiated rentals with their landlords. As companies reel under the second wave of the pandemic, they continue with reduced rentals carried forward from the […]

RERA Registered Around 63583 Real Estate Projects & Disposed Of 65,539 Complaints In The Last 4 Years

Four years after its implementation, as many as 63,583 real estate projects have been registered and 65,539 cases have been disposed of by the respective state RERA authorities, according to data released by the Ministry of Housing and Urban Affairs. Out of this, nearly 40 percent cases (approximately 26,510 complaints) […]

As Per JLL Net Absorption For Commercial Real Estate In Delhi/NCR Enhanced By 5% To 1.07 million sq. ft In Q12021

The office market in Delhi NCR witnessed a net absorption increase of 5 percent in Q1 2021 quarter-on-quarter (Q-o-Q), with 1.07 million sq. ft, according to JLL Office Market Update – Q1 2021. Noida contributed 55 percent of the net absorption, backed by strong pre-commitment in the new completions followed […]