Indian commercial real estate downturn is expected to last for at least another two years.

The current slowdown in Indian commercial real estate is expected to last for at least another two years.

The chairman of real estate consultancy firm ANAROCK stated on Tuesday that it was unclear when the market will fully recover.

Across the nation, commercial real estate lags behind its residential equivalent.

While in the first quarter of 2023, residential sales reached a record high.

While in the first quarter of 2023, residential sales reached a record high.

It is still too early to predict when the lull will recede in fiscal 2022.