Indian real estate is coming out of the shadows and gaining distinction on the world stage. Foreign investments in Indian realty have significantly shot up from $3.2 billion during 2011-13 to a whopping $7.6 billion in 2015-2017, recording a staggering surge of 137 percent. Policy reforms, political stability, liberalization of the FDI policy and improvement in investment sentiment have set the stage for Indian real estate’s new chapter of growth.
Continue reading “Foreign Investors Pump $7 Billion into Indian Real Estate”
Most well-known office spaces for lease in city centers are like the millennials that work in them. Born in the 1980s. While millennials are now in their most productive age, the same cannot be said about the commercial spaces that are more than two decades old. The office buildings of this era are increasingly becoming outdated and are in desperate need of facelifts. Just as many products that were once much in demand in this era like cassettes and polaroid cameras, these thirty-year-old office spaces, too will become obsolete if not restored. Continue reading “3 Ways you can Add a New Lease of Life to your Aging Office Space”
As per commercial real estate services market reports in India, the number of Grade A warehouses being leased has evolved from covering about 7 million square feet in 2014, to now over 10 million square feet in 2017. This is a testament to the rapid momentum at which the demand for warehouse facilities is increasing in the country. Traditionally, industries dealing with automobiles, engineering, chemicals, metals, textiles, etc. have been known to employ the use of warehouses as they need large storage spaces to support production. Continue reading “E-Commerce Drives Demand for Warehouse Facilities across India”
It is becoming increasingly common to find healthcare providers occupying commercial property to make their services more accessible. Whether it is in our cities, or in the suburbs, medical clinics and hospitals are emerging in the midst of retail and office spaces to expand their client base and provide medical facilities at more convenient locations. Renting or leasing a property to medical institutions might not appear to be different. However, it is accompanied by varied factors that must be considered, beyond the usual, when leasing out commercial real estate.