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1		-XWiki.AsifF
	1	+XWiki.AjitSingh

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18	18	* DLF The Sky Court Sector 86
19	19	* DLF Regal Gardens Sector 90
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23	23	[[image:dlf0.jpg]]
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43	43	According to reports, the gross absorption in office space, across the top seven cities in the country, for calendar year 2019 was approximately 5.44 million square meter (msm) [58.6 million square feet (msf)]. Absorption is expected to go down in the short-term. . The primary reasons attributed are
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45		-* .Delays in delivery of office spaces due to the lockdown
	43	+* Delays in delivery of office spaces due to the lockdown
46	46	* Most businesses would review their respective business continuity plans and most of the technology related firms expect that a substantial portion of the workforce will continue to work from home, at least for the short-term.
47	47	* Businesses across the globe would probably defer decision making in leasing out additional space, given the fact that the operation and revenues will be impacted.
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49	49	The office segment will see new concepts emerging. Work from Home, as a concept is expected to become a positive supplement rather than a substitute. New trends like de-densification, health and wellness may gain prominence as a consequence to the pandemic.
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51		-
52	52	== Retail Segment ==
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54	54	The retail sector is most impacted due to this pandemic. All the retail malls across the nation were forced to shut during the period of the lock-down to ensure health and safety of the people. This shutting has impacted the retailers in terms of revenue loss as well as inventory overhang. The near-term outlook also remains cautious as the malls and the retailers would have to maintain strict measures to ensure health and safety of the people
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85	85	The Company believes that its completed inventory, a fortified balance sheet, strong brand image along with new product initiatives enable it to withstand these challenging times, however it remains vigilant and agile to tackle any other unforeseen challenges.
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	85	+[[image:dlf1.jpg]]
	86	+
88	88	= Business Overview =
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90	90	== Development Business ==
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110	110	The COVID-19 pandemic has impacted this part of the business also, primarily in the retail segment. All its retail properties were completely shut during the lockdown period. The company continued to maintain extensive connect with its partners and will jointly decide the way forward.
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112		-our partners and will jointly decide the way forward. During the year, its retail mall in Saket was re-branded and re-launched as DLF Avenue. The soft launch had been done in Q4 FY’20, however due to the lock-down, the property had to remain closed.
	111	+DLF partners and DLF jointly decide the way forward. During the year, its retail mall in Saket was re-branded and re-launched as DLF Avenue. The soft launch had been done in Q4 FY’20, however due to the lock-down, the property had to remain closed.
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114	114	DCCDL has also initiated 2 new developments for further growth. Gurugram: Total project size of 1.02 msm (11 msf) and n, Chennai: Total project size of approximately 0.63 msm (6.8 msf).
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196	196	While 53 players own/operate these 126 third-party data centres, the capacity is highly concentrated among the top 12 players who operate around 95 per cent of the total IT power capacity in the country, the report highlighted.
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199		-= References        =
	198	+= References  =
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	200	+(% class="wikigeneratedid" %)
	201	+= [[DLF One Midtown>>http://www.capitalgreensdelhi.com/one-midtown.html]] =
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201	201	{{putFootnotes/}}