Office realty in Bangalore to reach 100 million sqft
Bangalore’s office real estate is set to reach 100 million square feet by 2016-17. Bangalore’s commercial real estate capacity is going to double in just a span of seven years.
Approximately 30 million square feet to the existing stock will translates into an addition of around 300,000 jobs over the next 4 -5 years.
Since investments in residential realty is the most preferred, a rise in income will let people to invest in second homes.
Realty market in Bangalore has been witnessing a steady growth.
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