Startup firms are giving a boost to the commercial real estate business, which is saddled with huge inventories in major cities. India is the third largest startup destination in the world. Though their demand for space is much less than that of large companies and their ability to pay much less, “these emerging startup business enterprises have immense potential and are enabling property developers to sell their inventories that have been lying vacant,” said Ravi Gurav, vice-president, Dheeraj Realty and member MCHI-Credai.
Read more: Deccan Chronicle
