While India’s residential real estate market is currently facing a slump, the commercial real estate market is looking bright. Strong economic growth and growth expectations, and high-growth sectors such as e-commerce and pharmaceuticals are driving demand for office space and warehousing.
While demand is on the rise, supply of good quality assets is limited resulting in falling vacancies and upward pressure on rentals. High vacancies mainly affect low quality buildings. International investors have begun to take note of the opportunity. Blackstone – India’s largest office landlord – is well positioned to profit.
Read more: Seekingalpha.com
