India`s GDP
was revised downward consistently in the last three quarters of 2012. In 2013,
this trend will prevail - though the quantum of revision will be lower. The
country`s economic environment will certainly improve in 2013, with a
corresponding gain in momentum for real estate. The most tangible benefits of
economic improvements on the Indian real estate space will be seen in 2H2013. Accessibility
and proximity to infrastructure remains a key factor driving the demand for
homes and office spaces in trend this year. Low vacancy levels, healthy
absorption rate and rental appreciation across the major cities of the country ensures
heavy demand of office spaces especially.
 |
| Cosmic Group |
New
organized retail project are expected to grow. India`s major cities like Mumbai, NCR-Delhi, Bangalore, Chennai, Pune, Hyderabad and Kolkata will see an
addition of mall space in 2013.
The delay in
the implementation of DTC has resulted in a good portion of the office space
demand for IT SEZs to spill over from 2013 to 2014. With the demand for IT SEZ
space to remain healthy in the next 12-18 months, developers of IT SEZs are
expected to focus on execution and completion of projects for the duration, to
ensure ready supply to match the immediately upcoming demand. In terms of
commercial real estate investment potential, Mumbai, Bangalore and Delhi NCR
are the highest interest to big ticket investors focused on real estate in
2013.
Cosmic
Structures have consciously reinvented themselves, by launching new projects
which would appeal to customers in the current economic environment and
sentiment. They thrive to be in constant outlook for innovative ideas and
themes for all their projects. Keeping in mind the current and future scenario
of property and real estate need, Cosmic is proud to be a part of the industry
and contribute the best to fulfil the need. Cosmic Structures is working on major
projects like Cosmic Corporate Park and Cosmic Business Centre and on some
upcoming projects like Cosmic City of Romance in Rishikesh. With best of
innovative ideas and luxurious comfortable environment, they always look
forward to keep their customers happy and satisfied.
Do visit http://www.cosmicindia.in/ to know more about
Cosmic Structures Ltd and their services.
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Basudha Trade Centre
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