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Commercial real estate in India: trends and advancements

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Commercial real estate in India: trends and advancements

Last updated: December 18 2018
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  • Commercial real estate in India: trends and advancements

    How has the transformation in real estate affected commercial real estate in India? Are commercial properties adapting well to changing times and demands?
  • #2

    #2

    Re : Commercial real estate in India: trends and advancements

    The transformation in Indian real estate has been overwhelming for some and it has not affected residential real estate space alone but also commercial spaces, or Office spaces, like we call them. Commercial spaces have been transforming from just simple work spaces to dynamic arenas enabling the workforce to explore and grow in all directions. They are not the dull working dens of companies simply wanting to spend the day doing what they have been doing every day for the decades. Today they are growth centres that allow equal opportunities to employees and companies alike.

    The demands are changing in the segment and so are the dynamics and hence everything has been reorganized.
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    • #3

      #3

      Re : Commercial real estate in India: trends and advancements

      Thanks Malvish! What has amounted to such change in the segment?

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      • #4

        #4

        Re : Commercial real estate in India: trends and advancements

        Well, the question and the answer are both obvious. The market has transformed owing to change in policies, investments from institutions, foreign partnerships, growth in the service sectors and the corporate takeover of the world.
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        • #5

          #5

          Re : Commercial real estate in India: trends and advancements

          Nice topic! So what is the demand for commercial space in recent times?

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          • #6

            #6

            Re : Commercial real estate in India: trends and advancements

            You will be surprised to learn that the demand is expected to increase to 46 million sq ft from 2018-2021. It is much higher to the 2014-2017 number of 41 million. A new surge of demand has also led to an increase of around 48 per cent.
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            • #7

              #7

              Re : Commercial real estate in India: trends and advancements

              That sounds very promising. Where did you get these numbers from?

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              • #8

                #8

                Re : Commercial real estate in India: trends and advancements

                Well, I got this online. It is ready information for anyone who needs for reference.
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                • #9

                  #9

                  Re : Commercial real estate in India: trends and advancements

                  Malvish I wonder sometimes if at all these numbers hold any credibility at all. I mean we can still see unoccupied properties everywhere on a large scale. I guess commercial real estate must be in the same boat.

                  Last edited December 13 2018, 03:10 PM.

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                  • #10

                    #10

                    Re : Commercial real estate in India: trends and advancements

                    movedin you can say that but it is all about numbers. The market plays on numbers and what's told, doesn't it? There will always be some amount of meddling of facts but it all pays well in the end for all concerned.
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