Commercial real estate sector in India has been going through a tremendous development in the last few years being fueled by the multiple factors like urbanization, globalization, favorable government policies and growing investors interest. The contemporary rapidly developing sector comprises a variety of premises including business offices, shops, industrial parks, and service centers in preparation for the different needs of businesses and consumers. One of the main factors that has shaped the commercial real estate expansion and growth in India is urbanization. With the migration of more people from rural areas to cities seeking for better opportunities, the demand for commercially viable spaces in cities has gone up. The development of these trends has, in turn, generated new commercial hubs and has also revitalized existing ones which translates to creation of opportunity for... >>More
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