India office property market shows resilience, Q3 absorption up 64% on-quarter, Real Estate News, ET RealEstate

MUMBAI: Indian office property market has shown resilience as indicated by the rising net office take up despite the impact of Covid-19 on the business environment and the emerging challenge of the Work-from-Home model. Office property markets across the country have witnessed a net absorption of 5.4 million sq ft in the quarter ending September, […]

Can WFH concerns over comfort revive commercial real estate?, Real Estate News, ET RealEstate

Real estate developers and select equity analysts believe that the initial euphoria about improved productivity from work from home (WFH) has ebbed and has now triggered concerns over employee burnout, organizational culture and team bonding. A survey conducted by Knight Frank also showed that 90 per cent of employees in the country miss their office […]

Empty houses galore in Bengaluru, Real Estate News, ET RealEstate

BENGALURU: If you move about the city now, it will be quite common to see the boards ‘house for rent’ in most localities. Ever since Bengaluru has been in the grip of a pandemic, there has been a surge in vacant houses. Many house owners claim that they are trying to reduce the rent to […]

Hotdesking getting hotter in coronavirus era, Real Estate News, ET RealEstate

HYDERABAD: If there is one office trend that’s set to get hotter in the post-Covid-19 era, its hotdesking or flexi workspaces as companies rethink the office of the future. With companies now configuring a higher work from home (WFH) component in their future business plans, hotdesking is now emerging as a serious workplace trend. “Companies […]

What work-from-home means for commercial real estate, Real Estate News, ET RealEstate

Commercial real estate is considered a more lucrative and reliable investment than residential property. But the work-from-home culture sweeping across the corporate sector could change that. “With so many people working from home, large companies are discovering that they don’t need so much office space,” says Anil Primlani, CEO of real estate consultancy Prime Associates. […]

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