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Mumbai’s Upscale Office Market Has Been Pandemic-Resilient
In Mumbai, upscale office space market remains resilient during the pandemic.
11 Dec 2020, 06:35 PM IST
As India imposed one of the harshest curbs to contain the pandemic in March, offices were shut and employees logged in from home. That threatened to permanently alter the demand for commercial real estate. But in Mumbai, India’s costliest real estate market, landlords of upscale office locations have seen demand sustain despite tenants quitting space and pressure on rentals.A compilation of data for eight key micro-markets in India’s...
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