Real estate rentals come down

Commercial real estate
The trend of Delhi/ NCR shows a huge fall in commercial real estate rentals. It is well known that companies are moving their offices from gurgaon to other areas of NCR because of the high rental costs there. Most of the commercial areas in delhi are offering fully furnished office spaces at much lower cost. This trend has made a tremendous change in gurgaon commercial rental market. However, a clear scenario will be visible in near future but the change is on its way.

I think companies are doing dual cost cutting by moving their offices to other areas. First cost cutting is clear to everyone that is by reduction in rental cost. Second one is bit indirect. As it is known that gurgaon is well known commercial area. Every company provides conveyance facility to their employees because most of the employees come from other areas. If company shifts, the transportation cost will definitely reduce.

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