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Leasing Activity will Increase

CBRE South Asia, a real estate consulting firm, said investments in the real estate sector is expected to grow by 5 to 10 percent this year, almost equivalent to Corona’s pre-2019. The real sector in India has remained stable despite the ups and downs of the period. CBRE reveals that the real sector in the country is regaining its former glory. Office, Industrial, Logistics, Residential .. All of these are currently in good condition, so investment in this sector is likely to increase this year.

Leasing activity in all sectors has grown significantly over the past six months, and the CBRE Chairman Anshuman Magazine said they expect the same to continue through out 2022. By 2022, gross office space will increase by 13 to 14 percent to 45 to 47 million square feet. Technology companies are expected to dominate leasing this year as well. He said engineering, manufacturing and life sciences would also gradually come to the fore in terms of office space. He opined that leasing activity in Hyderabad as well as Bangalore and Delhi would continue on a large scale similar to 2021.

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