India’s commercial leasing is once again climbing. Major enterprises such as Google, Samsung India, ABB, Veritas, etc. have picked up big-ticket deals in recent months. Most of the IT and technology companies are expanding, driven by their long-term growth potential. Companies and bigger enterprises are also implementing back-to-office programs backed by plummeting COVID cases and a nationwide successful vaccine program. Until the fear of the 3rd wave comes in, we can now safely say that India’s commercial real estate is on a path of an upswing after facing muted demand during the pandemic months.
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