WTC the Best Business Address For Your Startup 2016 has been a growing year of the business sector as many e-commerce and multinational companies and startups invested in purchasing commercial spaces across the major cities of India such as Delhi, Bangalore, Mumbai, Chennai and etc. There was amalgamation of total eight folds last year and these companies leased 4.3 million square feet in 2015. Many big name of international business trade took space actively which added a big amount to the total sale of business property in India.
Out of the total workplace market demand, around 10% is driven by the international companies currently which was not there two years ago. Cities like Delhi and Noida lead in the demand of commercial property in the country. It is being observed that the e-commerce companies are searching expansion in both process as well as the workforce. Commercial developers’ entities say that they have been an active interest from the international companies which are now an important segment for them. India is the third biggest start-up country and the greatest growing ecosystem globally. Investors endowed a big amount into the start-ups last year which is essentially 50% of the last 5 years. There is a probability of increase in the start-ups which will repeatedly increase the employment in the nation. Watching at all the development in the profitable property in India, the start-ups and online companies are optimistic to expand their existence in the nation. There has been an enhancement in the space requirement by international companies and startups especially from last few years. There are potential of more requests for suggestion coming in from the organization in this particular sector. 2016 absolutely saw a huge demand by profitable sector in India property which was the second highest after 2011. Absolutely, 2017 will also see an increase in the demand by international companies or all the start-up companies. Also, it cannot be said that the merely reason for sale of less property is the prices of the property in India as there are great unsold inventory in various international projects or markets in the best budget segments all across the India.
While the prices of commercial property have not gone down openly, the stagnation in inflation and assets values working together have reason understood price correction. There is a hope of positive impact on the market with the abridged interest rates and the festive season. Therefore, the overall situation will be positive and the Indian real estate market will remain optimistic in the short to medium terms. Good news for commercial property investors, Viridian Red also launched commercial project as you all known the group has great experience of WTC construction. So, you need to do investment Viridian Red WTC Noida for maximum ROI and stay connected with business world.