Fractional ownership is democratizing access to high-value commercial real estate for retail investors in India, with market growth projected to reach USD 8.9 billion by 2025.
A global real estate consultant warns that the US economic slowdown could reduce demand for IT/ITeS office space in Gurgaon and Noida in 2H08, impacting growth in Delhi NCR suburbs.
Office rentals in Gurgaon declined by 8% in Q2 2008 due to increased supply and reduced demand. The report highlights preferred locations like MG Road, Golf Course Road, and DLF Cyber City. Noida remains an attractive option for IT/ITeS companies.