The retail industry, which has experienced its share of highs and lows during the past years, is related to retail real estate. Given that India’s economy has fared better than those of other countries in the slowdown compared to other markets, investor attitude toward retail real estate is still positive. Even yet, the retail industry’s growth rate is probably going to be less than anticipated.
Compared to commercial or residential real estate, retail property is more complex. An investor in retail must consider a variety of issues, unlike someone looking to buy a home or a business searching for an office. You must evaluate factors like customer spending, return on investment, retailer performance, market trends, and legislation affecting retail leases.
Following the pandemic, India’s commercial real estate market has experienced exponential growth. However, the industry suffered setbacks as a result of the closure of multiplexes, restaurants, apparel stores, supermarkets, and workplaces due to the epidemic.
The expansion of the commercial real estate market in India has been accelerated by the steadily rising demand from tenants from a variety of industries. A promising future for the sector is also being paved by the consistent demand for commercial real estate.
The future of India’s commercial real estate sector is promising with industrial real estate thriving. Additionally, the government has relaxed social distance norms as a result of the intensive immunisation campaign conducted throughout the nation. As a result, more and more employed individuals are going back to work, which is driving up demand for office space.
The India Retail Real Estate Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
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