[INDIA REAL ESTATE NEWS] Good morning, everyone.|
I’m Shashi kant shukla staff of Kamagroup Pvt. Ltd. Here I have important INDIA
REAL ESTATE news to share with you which is as mentioned under.
MUMBAI: Commercial real estate has continued to witness robust demand during
the first nine months of 2019 pushing the pan-India net absorption by 40% to over
33 million sq ft, surpassing the performance of entire year of 2017 and 2018.
Last two years had witnessed net absorption of 28.7 million sq ft and 33.2 million sq ft,
The third quarter of July-September has seen the net absorption rising 105% from a year
ago to nearly 11 million sq ft. With the current pace, the net absorption is likely to surpass
the historical benchmarks well beyond 40 million sq ft by the end of the year,
showed a JLL India report.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/noida-authority-to-issue-flat-wise-ocs-to-speed-up-registries/articleshow/71346359.cms
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