<p>"... Despite the expectation that interest rate hikes will continue in the first half of 2011, the growth profile of commercial property remains quite robust on account of a strong manufacturing sector," an RICS India Commercial Property Survey released today said.<br /><br />The Royal Institution of Chartered Surveyors (RICS) acts as a self-regulatory body for qualifications and standards and has more than 1,50,000 property professionals as members.<br /><br />According to the report, the sentiment in the investment market is seen to be stabilising after strong price gains in previous quarters and substantial increments are not expected.<br />Demand for commercial property continues to remain strong at the macroeconomic level.<br /><br />However, the report noted that "growth in investment activity seems to be losing momentum for the first time since the market recovered from the crisis in 2007". There is a trend of oversupply rising across the three segments of office, industrial and retail property.<br />The findings are based on a recent survey of more than 400 people, who are into different areas of the commercial property sector.</p>
<p>"... Despite the expectation that interest rate hikes will continue in the first half of 2011, the growth profile of commercial property remains quite robust on account of a strong manufacturing sector," an RICS India Commercial Property Survey released today said.<br /><br />The Royal Institution of Chartered Surveyors (RICS) acts as a self-regulatory body for qualifications and standards and has more than 1,50,000 property professionals as members.<br /><br />According to the report, the sentiment in the investment market is seen to be stabilising after strong price gains in previous quarters and substantial increments are not expected.<br />Demand for commercial property continues to remain strong at the macroeconomic level.<br /><br />However, the report noted that "growth in investment activity seems to be losing momentum for the first time since the market recovered from the crisis in 2007". There is a trend of oversupply rising across the three segments of office, industrial and retail property.<br />The findings are based on a recent survey of more than 400 people, who are into different areas of the commercial property sector.</p>