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Old 11-06-07   #1
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Default Indian Commercial Real Estate Market Expected to Reach US$60 Billion by 2010

Research and Markets (researchandmarkets.com) has announced the addition of “Industry Insight- Indian Commercial Real Estate 2007” to their offering.

Indian real estate market during 2006 is estimated about US$16 billion and has been growing at a CAGR of 30% for the last few years and is expected to reach US$60 billion by 2010 and commercial real estate market would reach US$12 billion by the same time. Share of foreign investments in real estate will increase from current US$3.12 billion to about US$25-28 billion by 2010. The market is driven by buoyant economy, flourishing IT/ITES sector, banking and financial, retail sector etc.

The real estate industry is a cluster consisting of industrial and service sectors like real estate (Housing Construction, Construction of Commercial offices, Retail and industrial buildings and Infra structure projects), brokerage services, real estate finance services (mortgage banking, real estate investment), real estate operations, property management, architecture and design.

Scope of the report

* The report covers current status of commercial real estate in India such as, various SEZs, industry parks, hyper markets and other retail formats and projection of future requirements for office space.
* It also discuss, the various regulatory policies regarding Govt Land Ceiling Act, Stamp Duty and Registration Laws, Building Code etc.
* This report discusses in detail the nature of the Indian commercial real estate market, future outlook, and also growth and change in the industry
* The report also analyses zone-wise commercial real estate industry, price trends – both capital value and lease rentals as of March 2007 - and its future potential.
* The report also profiles nine major players in the sector. SEZ’s, hyper markets and office space availability are pictorially presented by way of a map.
* The Indian commercial real estate market analysis provides a comprehensive report of all aspects of the real estate sector which may interest investors

The report will be highly useful to

* Industry analysts,
* Consultants,
* Real estate companies,
* Infrastructure companies,
* Corporate like construction, retail, IT/ITES/BPO,
* Investors,
* Banks &financial institutions.

source: researchandmarkets.com/reports/c59270
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