Real Estate COVID-19 impact? In Bengaluru, companies vacated nearly 3.5 million sq.ft of office space this year Updated : July 17, 2020 08:13 PM IST The real estate sector in the country has taken a massive blow from the COVID crisis and the national lockdowns. Demand fell the most in Pune and NCR markets at 47% and 45%, respectively, according to a Knight Frank report.