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Commercial sale gets high with short rentals

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After the residential regime, now it is sure to get a good will share by the commercial realty in Indian market after a long sleep. According to the sources reported at www.propertykhazana.com metro locations can now expect a better rise in the sale of commercial realty products for 50 percent for the coming quarter of 3rd and fourth 2009-10. Earlier price correction was made up to 40 percent to enhance the commercial realty market at various locations of metro.
On a short note with www.propertykhazana.com Harinder Dhillon of Raheja Builders states that “the capital city trailed by its contiguous areas of Gurgaon and Noida have earmarked nearly 15 percent rise in sales of the commercial realty units as counted from the second quarter of the current financial year. Hence we are aiming to provide more discounts on the future products with 10 to 15 percent for all range of office and other rental space”. For a better benefit Roya Palms of Mumbai has recently introduced ‘ready to posses’ shops, offices and other rental realty products with a rate of Rs 3999 per square feet at the posh location of Goregaon East in Mumbai.
Coming to the Silicon Valley – Bangalore, here the companies are willing to expand the commercial realty tag at the centre of the city. LS Vaidyanathan from Nitesh Estates reveals that “we are aiming high for the commercial realty products in the city which are most probably to come up at the central business district along with its adjacent localities. For more updates follow www.propertykhazana.com.
Source: NBTVLIVE

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