Explained: The Upswing In Commercial Real Estate | India Development Debate | ET Now

With a gradual decline in covid cases and organisations expediting employees' return to office, absorption of commercial spaces has been on the upswing. The top seven property markets, for instance, witnessed 2.85-fold growth in in net office space absorption, with sectors such as Information Technology, ITes, manufacturing and industrials, BFSI, etc. leading in terms of market activity. Moreover, an increasing number of organisations have now shifted focus towards employee health and overall wellness in a bid to boost employee productivity, with some companies even putting a renewed emphasis on the hybrid working model. Do these trends indicate the end of work-from-home or a broader shift towards hybrid work? How has the covid-19 pandemic changed the commercial realty market? We deep-dive on the India Development Debate with Abhinav Joshi, Head Of Research - India, Middle East & North Africa, CBRE and Aniket Dani, Director, CRISIL Research. Tune in!
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