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Friday, October 06, 2006

Knight Frank - India Office Market Overview


Indian real estate market on a high growth curve and growing at the rate of 30%
per annum

Services sector continues to be the major real estate driver

Approximately 30 mn.sq.ft. of office space supply to enter the market per annum for the next three years

Proactive policy changes for the sector have led to increased foreign interest

Close to US$ 5 billion waiting to enter the Indian real estate market through the realestate venture capital investment route

Recently permitted Real Estate Mutual Funds (REMFs) foreseen to increase liquidityfor the sector

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Thanks Priyank - keep them coming!