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Realty consultants' data on occupancy differs from companies' nos : Ind-Ra

While the data from the listed REITs and companies rated by India Ratings clearly is raising concerns, that provided by real estate consultancies projects a sanguine picture

Topics
India Ratings | Real Estate  | REITs

Raghavendra Kamath  |  Mumbai 



real estate, realty, construction, sales, people, flats, buildings, concrete, vendors, developers, builders
Embassy REIT which has a lease portfolio of 32.3 million square feet, the occupancy levels at the end of March was 88.9 per cent down 390 basis points over the year ago period.

There is an apparent discrepancy in the private data shared by consultancies at one end, and the that available from listed REITs/ and private firms at the other, on occupancy and vacancy levels in office properties, rating firm said today.

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First Published: Fri, June 04 2021. 17:08 IST

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