India has proved itself as a perfect business spot in this highly competitive global market. Infrastructure and real estate play very crucial role in the development of any nation. Stirred by a number of positive factors, commercial real estate sector has seen massive growth in recent times and proposed to grow further in coming years.
As we all have seen that, as residential market grows with the commercial market. The strong growth in commercial office market and expected buoyancy has spurred substantial demand for residential apartments. Brands like WTC among others are providing world class facilities to its investors and guaranteed return.
Over the last few years, cities like Pune, Bangalore Gurgaon and Noida have become the commercial hub for people and investors who are looking to make fast bucks. These cities are attracting IT/ITES, big corporate houses and MNCs. One more reason for the growth of commercial space is favourable government reforms. Reforms like- GST and RERA are creating a positive sentiments among buyers and investors about the market. These reforms are pushing developers for timely execution of the project and this is one major factor which is converting number of prospect buyers into actual investors.
India being accounted for half of Asia’s total office leasing itself substantiates the enormous growth of the commercial sector in the country. Commercial realestate is growing significantly, providing the much-needed infrastructure for India’s growing needs. Good infrastructure along with plethora of other factors will definitely enlarge commercialisation in the country in the coming years.
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