Anshuman Magazine

Recent years have seen the development of a wide range of technological solutions enabling companies to enhance resilience, maintain stability and ensure business and real estate continuity.

Several technologies are now being utilised in the office, retail and logistics sectors and will have long-term and far reaching impact on the real estate industry. Recent years have seen the development of a wide range of technological solutions enabling companies to enhance resilience, maintain stability and ensure business and real estate continuity.

In recent years a wide range of technological solutions has enabled companies to enhance resilience, maintain stability, ensure business and real estate continuity.

India’s commercial real estate (CRE) market has grown in strength in the past decade or so. Robust occupier interest, the rise of organised real estate developers, and the entry of institutional capital have acted as catalysts for the growth in CRE.

Given the fluidity of the COVID-19 situation; the way we will live, work and play in the future is likely to undergo unprecedented transformation. However, this could be viewed as an opportunity to influence the future and undergo focused innovation.

The INR 20 lakh crore (USD 266 billion) economic package announced by the Prime Minister is heartening. Estimated to be around 10% of India’s GDP, the stimulus will not only provide relief but will also ensure a faster turnaround. The emphasis on a ‘self-reliant’ India is based on the potential and the inherent strength of the country’s domestic demand.

Whether leasing your own space, have a broad portfolio or a single asset, attention to how facilities are running right now is vital. Organization are making critical facilities management decisions every day, with more to follow in the near future.

As we practice social distancing and other measures; we have all come to realise that we are living in an unusual time. The rapid global spread of Covid-19 has far surpassed what we were coming to accept. The intent is not to scare but re-align and transform ourselves and our business.

We are all living in an unusual time and determining the right virtual platform as well as adopting an effective behaviour is crucial for companies to help their people perform at their best as work processes shift. For a number of people, working from home is something they’re already accustomed to; but for many, suddenly having your dining table pull double duty as your desk can be a disruption.

Workplace wellness has risen the corporate real estate agenda in recent years as landlords and occupiers become more aware of the role of the office environment in attracting tenants and talent. More recently, the COVID-19 outbreak has prompted occupiers to accelerate the implementation of wellness measures in their workplaces while introducing additional hygiene and health-related steps.