Retail Real Estate
In 2012, enquiries for quality retail space are likely to remain robust as major Indian retailers are seeking to implement their expansion plans in the prime cities as well as select Tier II and Tier III cities. FDI in multi brand real estate, when finally permitted, is expected to catalyze a lot of demand from international retailers. That said, international luxury brands will restrict their growth plans to Mumbai, Delhi and Bangalore.
Both large-format and vanilla retailers are expected to chase deals in under-construction projects that provide good branding and business potential. Transactions will be oriented towards the revenue-sharing model rather than straightforward leasing deals. High streets will continue to give strong competition to malls, and there will be significant high street in 2012. Demand polarization towards selected malls will continue, and this will keep overall vacancy levels high - several poorly-designed and unfavorably located malls will become operational at low occupancy levels in 2012.
FOR MORE DETAILS CLICK;
http://www.worldpropertychannel.com/international-markets/commercial-real-estate/india-real-estate-report-commercial-office-space-for-lease-in-india-india-real-estate-investment-in-201
In 2012, enquiries for quality retail space are likely to remain robust as major Indian retailers are seeking to implement their expansion plans in the prime cities as well as select Tier II and Tier III cities. FDI in multi brand real estate, when finally permitted, is expected to catalyze a lot of demand from international retailers. That said, international luxury brands will restrict their growth plans to Mumbai, Delhi and Bangalore.
Both large-format and vanilla retailers are expected to chase deals in under-construction projects that provide good branding and business potential. Transactions will be oriented towards the revenue-sharing model rather than straightforward leasing deals. High streets will continue to give strong competition to malls, and there will be significant high street in 2012. Demand polarization towards selected malls will continue, and this will keep overall vacancy levels high - several poorly-designed and unfavorably located malls will become operational at low occupancy levels in 2012.
FOR MORE DETAILS CLICK;
http://www.worldpropertychannel.com/international-markets/commercial-real-estate/india-real-estate-report-commercial-office-space-for-lease-in-india-india-real-estate-investment-in-201
