A structural change is occurring in the Indian real estate sector due to changing consumer and corporate preferences brought on by the COVID-19 pandemic. In the residential segment, customers now prefer bigger and better quality homes with home offices, gyms, and entertainment spaces. The commercial office segment is differentiating between Indian Grade A and international Class A quality standards, with a greater focus on asset management and amenitization. The Indian retail real estate sector is growing rapidly, with destination shopping malls and high streets becoming more popular. The industrial sector is also experiencing accelerated growth and a shift towards international quality.
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