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Commercial land

A brief Description

With the nimble expansion in the information technology industry and the simultaneous growth of its middle class has made India's property market to drive crazy. Day by day the prices of Commercial Land in India is rising towards sky, experiencing a boom in Marts, Market Plazas, Malls, and Shopping Complexes with the International brands making their presence felt in India in a big way along with new local Retailers 18 million square feet commercial land was raised in the year 2004. In the current year, 23 million square feet of new space will be bought up in the market, and by the time of 2009, according to the global real estate services providers, the numbers will go up to 50 million.

The building growth is very slow compared to the neighbour country like china where 25 million square feet of commercial and 200 million square feet of residential space will be built this year in Beijing alone. However, if the Indian government reduces the wall of restriction and regulations, in no time India can match its development along with China. The hotspot cities like Bangalore, Bombay, Hyderabad, Madras, and Gurgaon, a suburb of New Delhi have been constantly flooded by the technological giants and have turned out to be a technological growth centres. The real estate thunder has also hit the cities like Pune in the west, Jaipur and Chandigarh in the north, and Kolkata in the East.

As per the recent studies, the India's commercial and residential real estate market value is crossing $50 billion now, and a 25 % annual growth is expected. When compared to the rental income from various countries like 9% in China and 5% to 8% in developed markets of the world, it is a rocking 12% in India. No one doubts, though, that there is a real need for new construction to keep pace with India's muscular 7% economic growth

Latest Property listings in bangalore

Feb 04, 2018
Aakruthi ULTIMA is a plotted development off Thanisandra Road in North Bangalore, one of the fastest- growing urban agglomerates in South India...
Feb 05, 2018
PRINCETON luxurious contemporary apartments by Prospect Group featuring elegant living spaces and exceptional detailing, these cosmopolitan..
Feb 04, 2018
Aakruthi ULTIMA is a plotted development off Thanisandra Road in North Bangalore, one of the fastest- growing urban agglomerates in South India...
Feb 17, 2018
PRINCETON luxurious contemporary apartments by Prospect Group featuring elegant living spaces and exceptional detailing, these cosmopolitan..
Jan 28, 2018
Aakruthi ULTIMA is a plotted development off Thanisandra Road in North Bangalore, one of the fastest-growing urban agglomerates in South India...
Feb 24, 2018
Located in one of the largest IT Hub of Bangalore i.e., Electronic City –Hsk Projects designed by ICON Homz is plush residential project..
Jan 29, 2018
PRINCETON luxurious contemporary apartments by Prospect Group featuring elegant living spaces and exceptional detailing, these cosmopolitan..
Feb 23, 2018
Aakruthi ULTIMA is a plotted development off Thanisandra Road in North Bangalore, one of the fastest- growing urban agglomerates in South India...
Feb 22, 2018
Dear Sir, Greetings from Subha Builders & Developers!! Thanks for your interest in our latest project – “9 SKY VUE” @..
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