Real estate knowledge analytic firm PropEquity knowledge showed that unsold housing stock has come down to 4,eighty one,566 units at the finish of March this yr from 5,18,868 models at the finish of December 2023 across 9 major cities. Embassy Office Parks goals to boost $400 million to satisfy office area demand from clients like Google, Cisco, and IBM. The plan includes hiring Morgan Stanley and Kotak, focusing on Chennai presence amid India’s commercial real estate boom. The commencement of metro line 2A and seven between Dahisar and Andheri has favourably impacted the demand for rental properties, particularly in the micro market of Western Suburbs Others.

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