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Is there a high demand of quality office/Retail space, commercial real estate market in India?

Due to high demand of quality office/Retail space, commercial real estate market in India continues to grow at a steady rate especially in IT/ITEs driven markets like Hyderabad, Bangalore, Pune and Chennai. Positive changes in policy and regulations have given a further boost to commercial segment. These developments have encouraged many MNCs to shift their base to Noida. One such shift happened last year when Vivo Mobile, a mobile handset manufacturer shifted their operations to WTC Noida. The commercial real estate market seems promising as of now. With the decks being cleared for the construction of a second airport for the capital at Jewar in Uttar Pradesh, the residential segment in Greater Noida and along the Yamuna Expressway, in a slump over the last two to three years, will become vibrant once again, say industry experts and stakeholders.

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