According to CBRE, one of the world’s largest real estate firms, the second half of 2015 witnessed a massive addition of about 3.6 million square feet of the brand new spaces for shopping centres across the seven major cities in India.
The year 2014 had been a quite good year for the real estate sector in terms of business sentiments. Though some policies have been announced in 2014, they’ll come to action only in 2015.
With corporates back in act with hiring, growth and consolidation, deals for leasing office space are on the surge. Requirement for office space in selected metros is raised by about 30 percent.