Delhi NCR: Demonstrating Resilience

Key Takeaways:

• The resilience demonstrated by the Delhi NCR market amidst unforeseen market turbulence affirms its potential to overcome any such disruption in future, showing cohesive signs of a bright future.
• Evolved occupier sentiments showcase the growing popularity of flex workspaces among small businesses and large corporates alike. As more and more businesses embrace a distributed or hybrid work model to avail its numerous benefits, the demand for flex workspaces is expected to shoot up.
• The industries that will lead the demand for flex workspaces in the Delhi NCR market will be Manufacturing, IT and Other Services.
• With Delhi NCR gradually ascending to the top spot of India’s start-up incubators, flex workspaces will register a spike in occupancy by start-up businesses. Simultaneously, large corporates will play a pivotal role in driving demands as they set their base in national capital and adopt a hybrid work model in the long-run.
• Occupier’s safety and hygiene practices will continue to play a crucial role in day-to-day conduct of flex workspaces.