New Delhi, Feb. 6 -- While the residential segment is struggling due to funding crisis& low sales, alternate commercial investment models like co-working spaces, office spaces, leased retail shops are gaining traction. Co-working spaces are in demand as tenant preferences are changing due to changing workforce demands, such as flexible location & workspaces.
As per Kinight Frank, The office market recorded its historic best year in terms of transaction volumes in 2019, recording 60.6 million square feet (msf), backed by a surge in leasing activity by the Information Technology segment. New completions surged by 56% in 2019 and was recorded at 61.3 msf, marginally surpassing demand. There is a large Commercial Supply lined up in 2020 with l...