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India’s office real estate sector was decidedly vibrant in 2019, with demand for Grade A office space spiralling upward while vacancy levels in prime locales reduced.
Indian real estate sector witnessed strong growth in affordable housing segment in 2019 with 40% of the new housing launched in this segment, followed by 33% new supply in middle housing segment.
Indian Real Estate market witnessed consolidation in many regions but overall, 2019 was a mixed year for Indian real estate sector. Many developers were careful about launching new projects.
Commercial Real Estate sector depends heavily on trends in the retail market and with consumption declining in India, retail space leasing activity in seven major Indian cities has dropped by 35 pe
