Real estate in India currently constitutes around ~7% of the overall GDP. The housing market alone is worth around $180 billion. In the next 20 years, the sector is expected to expand its foothold to 13% of the total Indian GDP. After agriculture, it is the second-largest source of employment in the country. In a post-covid world, when real estate sales have started to pick up and the market is quickly moving towards normalcy, real estate, as a sector, will play a pivotal role in the economy.
Real estate and construction activities have taken a blow. The migrant labour crisis and disruption in the supply chain has further aggravated the challenge. However, as the macroeconomic conditions are improving, sales are also increasing at a remarkable pace.
New opportunities unravelling in the commercial space
In contrast to the residential segment, commercial realty has been hit hard. As economic and business activities have slowed down, commercial leasing has taken a beating. It will take at least two more quarters for the market to recover.
Diese Geschichte stammt aus der December 2020-Ausgabe von Commercial Design.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 2020-Ausgabe von Commercial Design.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
PATH FINDERS MINDS BEHIND THE BEST WORKSPACES IN INDIA
In celebration of Commercial Design magazine's 11th anniversary, we are proud to present the \"Minds Behind the Best Workplaces in India\".
REDEFINING WORKPLACE DESIGN AND SUSTAINABILITY FOR THE FUTURE
The 19th Smart Office Summit, held in New Delhi, explored the future of workplace design, bringing together industry leaders to discuss trends, sustainability, and innovative solutions for next-gen workspaces
SYNQ.WORK PLANS TO INVEST 60 CR. TO ADD 6 LAKH SQ. FT. OF MANAGED OFFICE SPACES TO ITS PORTFOLIO WITH NEW CENTRES IN BANGALORE, PUNE, AND HYDERABAD
Synq.work, one of the leading managed office space providers in India has recently made an announcement to expand the current seating capacity from 3200 to 12,000 by adding an additional 8800 seats by December 2025.
TANGIBLE ROI
How to connect your CAFM to obtain tangible ROI
UNLEASHING THE POTENTIAL OF THE OFFICE CAMPUS
Exciting concept can re-ignite employees' desire to work onsite and drive creativity
REINVENTING RETAIL
Inside Culdesac's future-forward design of Bershka Valencia
A VISION BEYOND THE CONVENTIONAL
Kangana Ranaut's Manikarnika Films Studio office, designed by The Orange Lane, transforms a creative workspace into an inspirational sanctuary, masterfully blending tranquillity and innovation.
WHEN INDUSTRIAL CHIC MEETS URBAN OASIS
Studio Lotus breathes new life into Chennai's largest IT park with the design of The Hub at DLF Cybercity, Chennai - a dynamic mixeduse community hub that's a vibrant fusion of industrial design and community-centric spaces.
SHAPING THE FUTURE OF WORKSPACES
Understanding the evolving dynamics of workplace design and operations.
CHANGING SHAPE
Five of the biggest breakthrough innovations redefining the fit-out industry
