The real estate's focus is back on tier II and III cities as a report by India Ratings observes that launching projects in these cities makes them more affordable.
Pre-slowdown IT companies were the biggest consumers of office space. But with the tech sector now shaken by global jitters - the impact is also weighing down on the commercial real estate sector. Office transactions have plummeted more than 21% in 2012 so far, reports CNBC-TV18's Priyanka Ghosh.