Rents for premium properties will remain robust: Amit Diwan of Hines India

In a Q&A, the country head and MD of Hines India says housing projects by good developers are doing well despite the pandemic and lockdown

Hines, a property investor-cum-developer with $133.3 billion in real estate assets under management in 24 countries, has signed many development and development management deals in the country. Amit Diwan, country head and managing director of Hines India, tells Raghavendra Kamath affordable housing projects by good developers are doing well despite the pandemic and lockdown. Edited exerpts:

How do you look at the post-covid Indian real estate market in terms of demand for residential and commercial properties?

In India, Hines sees several factors at work here. For office properties, demand will reduce due to remote working; but increase due to “de-densification”