Savills

For the entire 2023, the industrial and logistics sector is likely to see absorption of over 40 million sq ft, the report said, citing the PLI-backed transformation of manufacturing sector as one of the key reasons behind the surge in demand.

Coronavirus lockdown | Marginal delay likely in deployment of last-mile funding to stuck projects, says Savills India CEO

There may be a sharp dip in housing sales for at least a quarter but demand for affordable housing at realistic prices is expected to remain intact, Savills India CEO Anurag Mathur said.

Warehousing sector to add 40 mn sq ft space across top 8 cities this year: Report

According to the study by global property consultant Savills, warehousing space absorption across eight cities like Mumbai, Pune, Chennai, Bengaluru, Hyderabad, Ahmedabad, Delhi and Kolkata, is expected rise to 35 million sq ft in 2020.

Ultra-rich the driving force in mega property deals

"Global real estate is mostly residential and held by occupiers, but private owners are becoming more important in the world of traded investable property," said Yolande Barnes, director, World Research at Savills.