Housing Sales-to-Supply Ratio Rises to 1.36
Amidst controlled new housing launches, the residential sales-to-supply ratio has improved to 1.36 currently, as ag.. September 2020
“We ensure retrofitting is done at our existing commercial properties like Mindspace and Commerzone,” says Shabbir Kanchwala, Senior Vice President, K Raheja Corp. “These include upgrade of the complex and beautification of the landscape, greener campus and more environment-friendliness.” Once the MEP equipment’s shelf life comes towards its end, K Raheja Corp retrofits it with new efficient MEP equipment to enhance energy-efficiency and comfort for users.
“Structural retrofit has not yet been done as our buildings are intact,” he adds. “We have made our properties resistant to earthquakes with seismic retrofitting.”