High net worth investors and corporates are increasingly eyeing Mumbai's office space for investment, despite global economic uncertainty and market challenges.
Urbanization is crucial for India's growth, but infrastructure development lags behind the rapid rise in urban population and real estate stock, necessitating urgent investment.
Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.
Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.
Terror attacks in India's financial capital unlikely to impact economy, rating agencies and foreign investors suggest, citing past temporary market reactions.