The retail sector in India has been growing at a tremendous pace over the past two decades and so is the Indian ‘retail realty’ segment. The number of organized retail industries in the country has witnessed an annual growth of 20 percent. After the government allowed 100% Foreign Direct Investment (FDI) for single-brand retail, more groups have started venturing into the same. The trend shows that the retail industry will expand in the coming time- first in the metropolitan cities, then in smaller areas.
Seeing the growth, a number of developers are coming up with their retail shops in NCR, Bangalore, Mumbai and other big cities. To concentrate on a wider investors segment, they have also come up with innovative payment plans and assured return schemes. The assured return schemes are those under which the builder promises to pay monthly return to the investors during the construction period on a predetermined rate. [Read more…]