In a recent survey by Deloitte for the changing consumer behavior in the Indian real estate report, 48 percent respondents believed that there will be a short-term reduction in demand for commercial office spaces post COVID-19 due to hybrid working model (source).

Here are a few excerpts from the report.

  • Residential: People understand that most of the activities such as for their work, learning, school, fitness and health can be performed from their home. It means that the residential real-estate sub-sector is re-emerging as a popular investment choice amongst the home buyers.
  • Commercial: Hybrid work models bring a win-win solution for the tenants and for the landlords. While reduced need for office space means that the facility design and operating costs are decreasing, the expected success of the hybrid model will boost the growth of commercial real estate.
  • Retail: Retail is changing fast and the tenants are looking for more flexible exits options, in a more flexible lease model. See green buildings and green lease for more information on retail and the changing landlord-tenant relationship.
  • Warehousing: The Deloitte survey shows that 98 percent of the participants believe that the demand for micro-warehouses will benefit residential areas. Of these, 61 percent believe that new developments have already played a role in the possibility of creating micro-warehouses. See retail and the store of the future.
A Deloitte report on Indian real estate, as posted by Tick Property Mohali.
Source: A Deloitte report on Indian real estate

Real Estate in Mohali

Mohali and Zirakpur are fast becoming the new commercial and business activity hub in North India. The commercial property is being designed for the new consumer demands. If you are looking for any real estate investment in retail, warehousing, office space, or a home, check out Tick Property’s services on the Mohali Airport Road.

Comments to: Indian real estate in the post-COVID world—A Deloitte report

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

Every year brings new ways of how we plan our work and investments ahead—what we planned in 2021 and what different we might do in 2022. In real estate, home buying or buying a commercial property pose the same interesting challenge. We form opinions from the news in the market, from our friends and neighbors, […]
The growth in the Indian residential real estate in the year 2021 are well discussed and documented by now. Anuj Puri, the Chairman and Founder of ANAROCK, shares an insightful post on the highlights of Indian’ residential real estate in the year 2021. The following details are directly taken from Anuj’s post. Between Jan–Sep 2021, […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]