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.
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Denne historien er fra December 2020-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A PIVOTAL SHIFT TOWARDS A NEW ERA IN GOVERNMENT BUILDING AESTHETICS
GPM & Associates transforms a traditional government office into modern, eco-friendly workplace that prioritises employee well-being and sustainable design
A SQUARE PEG IN A ROUND HOLE
This office project by Studio Deshi is a masterpiece that seamlessly blends ancient wisdom with contemporary design principles. The innovative approach creates a holistic environment that fosters well-being, productivity, and creativity, setting a new benchmark for the future of office design.
FOSTERING FUTURE-READY OFFICE
The Smart Office Summit 2024 served as a vital platform for industry leaders to share insights and strategies for navigating the challenges of workplace design and infrastructure maintenance.
TRANSFORMING WORK ENVIRONMENTS
In this conversation, Reema Bhandari, Director at M Moser Associates, explores the intersection of design, sustainability, and employee well-being in creating modern workplaces.
THE FUTURE OF DIGITAL TWINS IN THE AEC INDUSTRY: NOIN REGIND FROM DESIGN TO OPERATIONS
Harnessing real-time data and innovative technologies to revolutionise design, enhance operational efficiency, and promote sustainability in the architecture, engineering, and construction sectors
CRAFTING WORKSPACES THAT INSPIRE AND ADAPT
Andrea Andreotti, Chief Design Officer at Ultraconfidentiel, discusses how the firm’s bespoke design approach balances functionality and aesthetics, crafting spaces that are both adaptable and inspiring for the modern workplace.
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
