Realty sector sees demand revival: CII-JLL
The Hindu
Despite COVID-19 related challenges, the Indian real estate sector is seeing demand revival, a report by Confederation of Indian Industry (CII) and JLL said.“The pandemic did halt much of the industry
Despite COVID-19 related challenges, the Indian real estate sector is seeing demand revival, a report by Confederation of Indian Industry (CII) and JLL said.
“The pandemic did halt much of the industry’s growth, however there are lots of green shoots emerging and transforming the future of all asset classes with multi-fold opportunities,” Radha Dhir, chairperson, CII Realty & Infrastructure Conclave, and CEO & Country Head, India, JLL, said in the report.
“Commercial real estate has shown resiliency in 2021 and is likely to gain momentum in 2022. The office segment will remain the centre of the work ecosystem,” she said.
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