By 2018, a total of .5 mn sq m of the lease was taken from NCR. Although this should be a 36% reduction per annum by 2018, the National Capital Region housing market has seen the spread of positive public sentiment. The outbreak has led to a sharp decline in rental operations at NCR, its largest weight being carried in while closing Lockdown. The number of leases renewed reached 31% on a quarterly basis for 2018, and finally increased to 59%. A gradual return to normal opened the way for recovery in this category of assets amidst resident decision-making.

The recurrence of demand for housing space is evident in numbers. TARC NH-8 is a new housing project on NH-8. The total lease of 0.4 mn sq m is 14% higher than the levels seen in 2019 when the epidemic has disrupted demand and the waste of residents' decisions. In line with past trends, Gurugram and Delhi have continued to regulate total rental in 2019 with a share of 33% respectively. The Delhi Secondary Business District and the Central Business District of Delhi make up the remaining 8% and 20% allocation.

Delhi recorded a total lease of 0.22 mn sq m registering a 36% decrease above the H2 levels of 2018. While residents are renting housing space in NH-8 continuously, many relocated internally from Delhi to go to places that offer cheap rentals to keep working. The relocation from the main housing centers in Delhi to Golf Course Extension Road, Udyog Vihar, and Sohna Road was full during this part of the year. Apart from Leading, many of the Secondary housing areas that have been waiting for employers are finding great interest in residents in this new standard of work. TARC NH-8 is one of them.

New supply of front housing equipment and cheaper rent compared to the main business districts of Delhi and Gurugram have increased the need for residents of Noida housing spaces. At 0.20 mn sq m, Noida recorded a much lower decline of 22% in 2019 rental compared to Gurugram. In the aftermath of this epidemic, the practice of division among many small housings also emerged in the NCR. Delhi’s sales have seen a sharp jump in rental with an increase of 76% above 2018. Areas such as Okhla, Mohan Cooperative, Jasola, and Aerocity have attracted a lot of interest from people from BFSI and co-operative sectors.

During the last few years, the IT / ITeS sector made up 24% of the leased housing space. The 17% annual increase in the 2018 period was confirmed due to certain major contracts. Most IT / ITeS residents have replaced Noida with Gurugram sites such as NH-8, Udyog Vihar, and Gwal Pahari. The Other Services sector made up 10% of the total rental by 2019 and mainly includes replacement by companies in the fintech, consulting, and media sectors. More than 30% of such rented facilities were concentrated throughout Delhi. The Banking, Financial Services, and Insurance sectors made up 10% of the lease amount. Apart from the Delhi CBD and SBD, areas such as Jasola, Nehru Place, and Aerocity residents also prefer NH-8 in Delhi.