Realty Rentals Seeing Discounts: Samantak Das
  • Ekta Tibrewal
  • Sep 03 2013

September 3: Samantak Das, Director of Research at Knight Frank India, admits that there have been more requests for discounts and lower rentals, with many corporate shifting offices to lower-priced locations this year. “2012 rentals fell to 2007 lows and are dropping lower in 2013,” he says, adding that, “Corporates trying to sell land to service debt are stuck as prices are beyond the developer’s reach.”