Add India Group | Leading Real Estate Developer and Consultant

  During the pandemic, both the construction industry growth and the real estate sector in India experienced major setbacks. Of course, every other sector of the global economy did as well. The real estate and construction sector, have recovered more forcefully then most. A report on 99 Acres.com claims that since the pandemic started, India's construction industry growth has lost close to INR 1 billion. There was a shortage of liquidity for many real estate developers and construction sector. Residential sales in India's top seven cities fell from 4 lakh units in 2019–20 to 2.8 lakh units in 2020–21 due to reasons including credit scarcity. In the first half of FY21, the entire construction sector and residential demand decreased by more than 40%. The construction industry growth is slowly making a comeback. Not that COVID-19 gone or that the globe is totally free of its grip. On the other hand, the industry has learnt from the first and second waves and is no...

Most businesses have been affected by the health crisis brought on by the Covid 19 pandemic in 2020 and 2021. The commercial leasing in Noida, India, took the greatest burden as it suddenly stopped after reporting strong growth in previous years. Commercial leasing in Noida reached an all-time low as a result of the chaotic environment when spaces were vacated, leases were renegotiated, and payments were late. But with a successful vaccination campaign and no community health issues, 2022 brought with it fresh hope. First off, both Grade A tenants with excellent credit and Grade A commercial leasing in Noida have grown in value. The other, equally significant trend is landlords' desire to offer flexible lease arrangements with tenants, especially for Grade B properties. In addition to these generally noticed trends in commercial leasing in Noida, it has been seen in all major cities that flex spaces and co-working spaces are becoming ever more popular. Most likely, corpo...