Prime Mumbai properties maintain value despite falling rentals, with landmark buildings like Cadbury House and Citi Centre changing hands. Investors favor leased properties with strong track records, impacting even suburban markets.
Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.
Bandra Kurla Complex (BKC) is experiencing growth in office space with an expected 2.5 million sq ft addition. Leasing and buying activity has increased and the rent correction appears stabilized.
Terrorist attacks tragically impact human life and the economy, including real estate. This article examines the potential effects on India's real estate market, referencing global trends after 9/11.