OTCQB:DGWR - Post by User
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morganagordonaon Jun 20, 2011 10:40am
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RE: RE: RE: Commercial real estate witnesses rise
RE: RE: RE: Commercial real estate witnesses riseLeasing and sale of office space in Mumbai and Delhi-NCR rose 69% and 18%, respectively, according to another consultancy, DTZ International Property Advisors. The report says 70% of transactions in Delhi-NCR have been recorded in Gurgaon, Noida and Delhi’s south business district. In Mumbai, most commercial realty projects are coming up in peripheral areas. Noida has attracted large multinational corporations from IT and the banking, financial services and insurance (BFSI) sectors who want to set up back offices, says an office market report from BNP Paribas Real Estate.