LiquidBounce Forum

New Delhi, January 21: 2022 has been a landmark year for commercial real estate with a record office absorption, standing at 50.8 million sq. ft. as per industry reports, surpassing the five-year (2015-2019) pre-pandemic average by 3.1 per cent as well, and it is second only to the 2019 net absorption figures for the past 10 years. Return to work has gained momentum across industries pushing office occupancies higher and supporting the net absorption numbers, projects market stability, and a promising future.