News on News – Commercial office market expected to pick up in next 6 months

Outlook for the commercial office market has also been progressive in Q2 2021, for both, leasing, and rentals. The demand for office or dispersed commercial portfolios will expand on the back of consolidation trend and expansion of satellite offices following the hub and spoke model.”

The remote work near home trend will give fillip to new commercial development in suburban business districts as the city of Mumbai witnesses linear growth towards the rise of suburbia. Therefore, the next few quarters are likely to see some alignment to the new normal work trend shaping up in the work-sphere.

Source Link : https://newonnews.com/commercial-office-market-expected-to-pick-up-in-next-6-months-survey/