Global property consultants realigning focus in India
International property consultants are introducing new business streams and realigning their focus areas in India to tap segments which are predicted to attract increased demand.
CBRE Inc., a top commercial office space service provider headquartered in California, has strengthened its capital markets division in India. The capital markets team will largely arrange finance for developers and persuade wealthy individuals to invest in real estate.
It has also doubled its retail team in the country, with the government widening the scope of foreign direct investment (FDI) in India’s retail sector.
Paris-based BNP Paribas Real Estate and Infrastructure Advisory Services Pvt. Ltd has been concentrating on the office space business. However, it has decided to enter land transactions in India as well.
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