With commercial real estate growing at a rapid pace in India, the future for this industry looks promising. According to a recent report by Colliers, gross absorption of commercial spaces is expected to touch 54.3 million square feet in India’s top seven cities. This growth can be further accelerated by a single window clearance. Tax benefits and a momentum on infrastructure development will go on long way in the growth of this sector.
(Author is Managing Director, South Asia, The Executive Centre)
Published 28 January 2020, 09:55 IST