BENGALURU: After a seven-year bull run, India’s commercial office sector has taken a hit and suggests a slow down due to the impact of the covid-19 outbreak and the consequent lockdown that has mandated people to work from home.

The boom in commercial office space, despite the prolonged slowdown in the residential sector, was led by huge demand, global investments, falling vacancy rates and rising rentals.

However, delays in project completion amid the lockdown and a lull in demand will create challenges in the next few months. Also, with US and Europe hit hard by the covid-19 outbreak, global companies, which contribute a bulk of the office space demand in India, may rework their plans leading to postponement of leasing decisions as well

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Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

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Job losses in India after Covid: Employees in southern states most concerned

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city New Delhi India covid-19 outbreak pandemic Coronavirus

Bonding with Ruskin over pickles and eggs

On the eve of his 86th birthday, and with a new book out, Ruskin Bond holds forth on food and the reason why he is a ‘pickle fiend’

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'I suspect there will be a huge wave of novels about the pandemic': Amitav Ghosh

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Keith Urban - Garth Brooks - Trisha Yearwood - Blake Shelton - Lee Brice - Keith Urban, Kelsea Ballerini & More Headline Grand Ole Opry Saturday Night Livestream - etcanada.com

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Kevin Hart Surprises Doctor With Role in Next Movie for All-In Challenge

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Coronavirus: Jasper mayor reminds people not to visit during long weekend

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Coronavirus: Calgary Zoo to reopen on May 23 — but you won’t get to say bye to the giant pandas

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As new coronavirus cases remain low, China reopens schools, domestic flights

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GLOW Director Lynn Shelton's Boyfriend Marc Maron Is ''Heartbroken'' Over Her Death

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Lynn Shelton, Director of ‘Little Fires Everywhere' and 'Humpday,' Dead at 54

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LA makes COVID-19 tests available to all residents, but many go unused amid nationwide shortage, report finds

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LeBron James Gives A Powerful Speech During His ‘Graduate Together’ Special: ‘It’s Up To You Guys’

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With more coronavirus cases than Spain or Italy, Brazil is world’s 4th biggest hotspot

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Jair Bolsonaro Usa Italy Spain Britain Russia Brazil covid-19 Coronavirus

COVID-19 no live media update today, 17 May

There is no live media briefing today.

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Air Canada to lay off at least half its workforce

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Greater Manchester - Andy Burnham - Government is in London-centric mode and gave region 'no real notice' of lockdown easing, says mayor Andy Burnham - manchestereveningnews.co.uk - city London - city Manchester

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Greater Manchester Andy Burnham city London city Manchester covid-19 pandemic Government crisis

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Covid-19 Impact: Commercial office sector growth hits pause

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