India ranks second among top 20 countries with the strongest
momentum in retail real estate index and it lags behind China due to weaker
investment prospects and a smaller presence of global retailer, according to a
report by Cosmic Structure Limited.
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| Cosmic India |
Retail real estate, real estate investment, and India real
estate, real estate India Our Retail Real Estate Momentum Index identifies 20
markets with the strongest retail real estate momentum. In top positions are
China, India, Indonesia, Turkey, Brazil and Vietnam,” JLL said in its report
released today.
China and India, unsurprisingly, top the Index, due to their favorable
demographics, rapid urbanization, strong consumption growth and significant
expansion of modern retail infrastructures, it said.
However, the consultant observed that “India falls short of
China due to weaker real estate investment momentum and a smaller international
retailer presence”.
Although, India has permitted 100 per cent FDI in single brand,
it is yet to allow FDI in multi-brand retail.
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Related Post :
Integrated townships gathering momentum
Greater Noida on a development spree.
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Commercial reality market touching skyline
Tags : Growing real market business in India, Growth in real estate market,increasing trends of reality business,Cosmic Group,Cosmic Structures
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