NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Real estate to witness development at commercial areas soon

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Because of the emergence of metros at most of the places including the Bangalore city the most of the space is being covered with the developmental undertakings of the metro project .As reported by the sources to the www.propertykhazana.com by the real estate experts like Cushman and Wakefield it is expected to be covered with 33.75% at Bangalore at an acres of 13.5 million square feet, the areas at Chennai is going to be covered by about 6.5 million of commercial space which is considered as the second covered or space that is filled.
The NCR forecasted a increase in the growth which will be doubled as the statistical figures reveal that 6.4%of million square feet was occupied in the year 2006 as compared to the occupying of 3.2 million square feet in the year 2005.In the succeeding year the growth would be at a rate of 9.9 million considering the square feet of about 3.5 million at commercial areas. Leading to the increase in growth of occupation of space, the rise in the rates of rent gets revised, contributing to the increase of 60% of space that is been occupied. As a result of which the IT cities or Tier II cities like Delhi, Gurgaon and Noida are gaining their economic importance.
The other places like Hyderabad, Kolkata, Mumbai and Pune the increase in commercial space have accounted to occupying of 3 million square feet, 1.5 million square feet, 5 million square feet and 2.6 million square feet respectively.
As the development of metro undertakings are observed at Bangalore commercial space has been created for promoters (builders),apart from that commercial space have been used for insurance, banking and other corporate or for the development of IT sectors.
With the increase market at retail sectors, growth of IT sectors the commercial areas have paved the way for the improvement in the occupancy of more number of commercial spaces. According to the sources reported to the www.propertykhazana.com by the ‘Malls of India’ the occupancy of retail markets is going to be occupied at a 90 million square feet in the succeeding year 2007.
As per the report given by the MNC (Multi National Company) naming Ernst and Young (E&Y) the retail occupancy will be more because of the establishments of hypermarkets, franchises at the Tier II cities will be experiencing a massive growth in the retail sector making the way for the increase in the occupancy of commercial spaces, because the establishment of retail sector going to take place at the commercial spaces only.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Bangalore

May 22, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 19, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 19, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 17, 2017
The property offers amenities like Fire Safety, Solar power, Garbage chute, Jacuzzi, Kids pool, Lobby area, Plantation Avenue, Water treatment,..
spacer

Apartments, Flats and Property for Rent in Bangalore

May 16, 2017
Spread over 6.9 acres of land and comprising of 3 Blocks, SOBHA CLASSIC is strategically located off Sarjapur Road, Bangalore and offers close..
May 15, 2017
Flat for rent in Haralur Road near Kudlu(AECS Layout). East facing 2BHK (1235sq.ft) flat for rent. It is situated on the main road(Haralur Road)..
Apr 23, 2017
As my office is far from Flat, planning to..
Apr 21, 2017
New Era Luxury Hostels for Girls , accommodation for every budget • Brand New building • Spacious and well ventilated..
Apr 19, 2017
2BHK apt for rent, ground floor, car parking, power backup, arkere BPL bus stop, next to Mitra Academy school, Bannerghatta main road, available..
Mar 31, 2017
LEASE OR RENT Near Manyath tech park brand new 2b/r multistory apartment with swimming pool, gym party hall, power backup, car..
Dec 23, 2016
MY 2 BHK SEMI FURNISHED FLAT AT AJMERA INFINITY ( 11 FLOOR, FRONT FACING,GOOD VIEW ) WILL BE AVAILABLE FOR RENT FROM 01 FEB 2017 ONWARDS. IF..
Dec 04, 2016
A safe secure society of defence officers, with clean air and environment. With facilities like, gym, pool, ATM, parking, etc near the..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
spacer
spacer
spacer
spacer
spacer