The scenario of commercial real estate in India is experiencing continuous change, always for the better. Markets that were just confined to local streets started growing into multi-storey office buildings and planned economic zones. And now this is what defines the skyline of Indian cities. The government is also taking ambitious steps to fuel commercial realty in India. A recent survey conducted by the CBRE, an American commercial real estate company, suggests that the corporate real estate occupiers are aggressively confident about expanding their offices across Indian cities.
As reported by the Economic Times, these corporate players bet big on their India expansion plan, especially for the next two years. They are positive about India’s business environment and are also looking forward to increase the employee headcount by 5-20 percent. The survey was conducted on the representatives of typical Indian occupiers across different industries to keep it uniform.
The corporate occupiers choose the office spaces based on three main objectives: [Read more…]