OCTOBERASIA BUSINESS OUTLOOK4 Vol 03 · Issue 02 - 4 · OCTOBER, 2024 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorIndranil ChakrabortyAssistant EditorHima P MEditorial TeamP Tejaswini Roshan Akthar Nalini BramhanapalliManager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Vandana S Shajilal Akshay Pratap Singh Shubham GroverTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $30 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Me-dia Pvt. Ltd. and Printed at COLOURS IMPRINT 475 - C, Adugodi Main Road, Next to Narayana E-Techno School Eighth Block Koraman-gala Bangalore - 560095 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Aruna kVarun b GM Sales & Marketing Nagendra Kumar KCirculation Manager P MagendranIndia's Commercial Real Estate Boom 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 investors and developers. Moreover, globalization has had a decisive part in the Indian commercial real estate growth. As the country is becoming one of the most desired locations for companies with multinational and startup backgrounds, the requirement for quality office spaces has remarkably increased. The mind set of developers is now changing since the trend of constructing cutting edge office spaces with high-end amenities has been on the rise. There is also a very critical component of government policies that has given a push to commercial real estate sector. Efforts like "Make in India" and "Smart Cities Mission" have brought about the favorable investment climate and sparked the interest in commercial projects. At the same time, real estate legislative reforms have increased transparency and improved investors' confidence. In this edition, we talk about the top companies that are redefining the future of this industry. After thorough examination of the field, Asia Business Outlook has uncovered the companies that have gained the edge through the exemplary approaches they have taken. Being one of the best examples of excellence in this field, these companies have proved to be of great value among all by having a strong and never-ending dedication to their customers. We look forward to receiving your feedback and suggestions.Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.comTokyoHumanHealthSciences UniversityVietnamTHUV
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