 "Real Estate")
In the past three years, commercial real estate in India saw a robust streak as net absorption in the top eight cities consistently crossed 30 million square feet (msf). Looking ahead in 2017, leasing growth could be impacted as occupiers adopt a cautious expansion strategy. This is because of uncertainty in global markets due to the changes in US trading and immigration policies, a slowdown in the Chinese economy and Brexit.
Cushman & Wakefield Research forecasts that the average commercial real estate supply in the top Indian cities will be 40 to 45 msf per year until 2020, while the
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