Property Retail India flourishes strong

Indian retail market the most exciting world in the first half of 2017

according to CBRE's report, India is currently the retail market the most exciting in the world, with 7 injured new global retail brands into the country in the first half of this year.

Included global brands and domestic, the key cities of India like Mumbai, Delhi NCR, and Bangalore recorded a total of 70 new retail facilities and facility expansion. Total investment of the private equity company and investment funds in the retail sector of India has hit $ 200 million milestones.

Mr. Anshuman Magazine, director of the Indian market and Southeast Asia, CBRE said: "Ranking Index of global retailers is our proof that the favor of the international brands for to establish or expand operations in India. "

In the first half of this year, the supply of retail space in India is also more than 139.000m2 additional real estate projects from the new retail.

Mr. Vivek Kaul, head of research department retail services CBRE said: "In fact, demand for retail space in high quality continues to exceed supply. This shows that the segment of real estate sold retail in key cities in India is growing exponentially. under the impact of globalization,

Mr. Kaul also revealed that except for the food and drinks are in a state of "war plan estate" waiting for developments and the impact of the ban on alcohol in India, market sentiment overall is maintained positive.

Though markets have generally prospered, retail rents on the famous shopping boulevard India's most significant differences. While rents in the largest city in the Delhi area, prices rose slightly in Mumbai tends to go down.

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