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Covid-19 impact: Office vacancy likely to increase in coming quarters

The demand-supply scenario has also remained similar over the past few quarters

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While office rents have remained stagnant in the recent quarters of the calendar year 2020, office vacancy rates have risen steadily due to Covid-related issues.

Vacancies are likely to increase in the coming quarters before they see a trend reversal.

The demand-supply scenario has also remained similar over the past few quarters, according to the data released by CRE MATRIX. 

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