Back after recession of 2009, the IT sector has started improving and business opportunities are also expanding. Considering this, the demand for commercial properties especially in major cities is rising day-by-day. The demand for commercial property in India mainly revolves around the offices, shopping malls, multiplexes, IT spaces and retail spaces. According to a real estate research, demand for office space is expected to increase significantly which would require a projected office space of more than 367 million sq ft till 2012-13. With advent of national and global players investing in the infrastructure development of the retailing business, the contemporary retail real estate sector involving shopping malls and multiplexes is also contributing for the large scale real estate investments.
Seeing the demand of the hour many real estate developers in India have taken up the construction of commercial properties for sale as mass developments. Investments in commercial real estate in India in the current scenario can surely bring high returns for the investors as the demand is expected to increase at least for a few years from now. |
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