Commercial Real Estate in India

Though the economic downturn has stunted the growth of the Indian realty market, we can always begin the year 2010 with a new ray of hope. In fact, the year has already brought cheers on the face of the demand starved real estate sector. The Indian economy is rapidly recovering, resulting the Indian property market to reach out new heights of achievements, especially with respect to commercial estates.

As the recession is fading, India is witnessing the gradual increase in business activities. Hence, the demand for commercial complexes is increasing causing the developers to take up challenging commercial projects.

According to world renowned realty consultant Cushman & Wakefield, important Indian cities like New Delhi, Mumbai and Bangalore are expected to witness the strong-end user demand for commercial projects in the year 2010.
The cities would also undergo change in sentiments that would eventually lead to the expansion of business and hence, benefiting the commercial land lords.
Since the end users are returning, the core developers would rather come back in the commercial real estate scenario more aggressively in order to invest their funds.
The increasing demand for the commercial real estate would receive a further boost due to the favorable monetary policies taken up by the Indian government in 2010.

Many realty developers offer property valuation and property management services for easy assessment of the property. Whether for sale, rent or lease, the methods of property valuation are strictly followed with respect to the guidelines laid down by the development authorities.

Apart from valuation guidelines, the development authorities also undertake the task of commercial property auctions along with regulating the commercial property tax and laws.

The Commercial Real Estate News is a good source for getting information on recent trends of the commercial property market. We would also get to know about the top listed developers and their updated developments.