The property sale in India is witnessing growing increase over the past couple of years and also one of the top growing sectors in the state that in turn entice investors internationally to invest in India’s growing property markets like Chennai, Bangalore, Hyderabad, Mumbai etc. This supplement in growth is due to more than a few factors like rising income levels among growing middle class, nuclearization of families, easy home loans and changing demographics of home buyers.
A rising Indian market has created huge demand for commercial property spaces in the country to convene the office space needs for a leading corporate, MNCs sector and organized retail. The Indian organized retail itself is likely to acquire 220 million sq.ft. by 2010 across pan-India not limited to only top cities alone.
With a growing demand in the Indian real estate, there are a great number of international real estate players have entered the real estate segment in India. The demand for office space is growing at a CAGR of 13% on a pan-India basis.
