Bengaluru is projected to remain dominant in the commercial real estate market by 2030, driven by sectors like technology, engineering, manufacturing, and BFSI.
India's booming service sector fuels demand for commercial real estate, particularly in major cities. Despite economic slowdowns, IT, BFSI, and other service industries show strong growth, driving office space absorption to new heights.
Indian companies saw a 58% surge in PE investments in February 2012, reaching $922.7 million across 51 deals, with real estate leading the way.
Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.