E - PAPER

CURRENT MONTHS

LAST MONTHS

VIEW ALL
  • About
  • TEAM REALTY+
  • CONTACT US
  • SUBSCRIBE
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
    • EVENT CALENDAR
    • UPCOMING EVENT
    • PAST EVENT
search
  1. Home
  2. Interviews

STRENGTHENING COMMERCIAL REAL ESTATE SECTOR IN 2023

Bijay Agarwal, MD, Sattva Group

BY Realty+
Published - Saturday, 14 Jan, 2023
STRENGTHENING COMMERCIAL REAL ESTATE SECTOR IN 2023

Commercial Real Estate has remained steadfast with many large corporations- domestic and international brands making a great return to the workplace. The momentum to bring back the workforce had begun at the start of 2022, which continued to gather pace as the year progressed. 

On one hand, the post pandemic phase took off to a promising start with office spaces filling up fast paving way for the new normal. On the other hand, leading global asset management firms joined hands with established Indian realty players that kept the investment market busy. Heading into 2023, the overall picture for the Indian economy is looking extremely positive. In the year 2023, with overall expected growth, pick-up in job creation and ready-to-move-in housing will continue to drive demand. 

We are also expecting some rapid change in the workplaces, which means that it will also favour greater flexibility. All these factors are expected to drive demand for A-Grade office space. As captured by a leading industry consultant in its report, the market for A-Grade space is expected to touch 1.2 billion sq. ft. by 2030 buoyed by consistent demand. 

Another significant observation made by such a report opines that in the metro and non-metro cities, adoption of office space will breach the 60 million sq. ft. mark by 2023.  With companies taking significant steps toward sustainability, they are increasingly on the lookout for commercial spaces that align with their sensibilities. 

Taking this into consideration, certain established players are addressing this growing need of sustainable structures. At SATTVA, we are in the forefront of building commercial spaces that meet the highest standards of sustainability, where all our buildings come with LEED certification. 

  • TAGS :
  • commercial
  • real estate
  • corporations
  • demand
  • international
  • brands
  • Bijay Agarwal
  • MD
  • Sattva Group

RELATED STORY VIEW MORE

ONLINE MARKETPLACE FOR CONSTRUCTION & INTERIOR INDUSTRY
HOW CAN CONSTRUCTION SECTOR REDUCE WATER CONSUMPTION?
WATER CONSERVATION IN REAL ESTATE A NECESSITY

TOP STORY VIEW MORE

Japan Real Estate Witnessing Slowing of Inflow of Global Funds

Japan Real Estate Witnessing Slowing of Inflow of Global Funds

25 March, 2023

Shortage of Homes Creating Barrier for Foreign Investments in Australia

25 March, 2023

Kenya Overtakes South Africa as Best Place for Expats to Settle

25 March, 2023

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTHS

  • LAST MONTHS

Subscribe To Realty+ online



REALTY+ SPECIAL ISSUES


  • THE TECH TITANS 2022

  • COFFEE TABLE BOOK 2022

  • Anniversary Issue 2022

  • Anniversary Issue 2020

VIDEO GALLERY VIEW MORE

LUBRIZOL Presents Women of Vision Summit & Awards 2023
Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

SITE MAP

GDPR-COMPLIANCE

COOKIE-POLICY

PRIVACY-POLICY

TERMS AND CONDITIONS

Contact

ADSERT WEB SOLUTIONS PVT. LTD. 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © Realty Plus Magazine.