Office Property Trends in Delhi NCR – September 2007

| |

In their report titled “Office Snapshot New Delhi”, Cushman & Wakefield suggest that limited availability of office space in suburban New Delhi has led to peripheral locations (Greater Noida, Manesar and Faridabad) gearing up to exploit the need for office and IT space in the city.

Their outlook is that by quarter one of 2008, there will be substantial supply from the suburban locations resulting in lesser interest in peripheral locations, unless corporates are considering campus developments.

image

image

(Source: Cushman & Wakefield)

As you can see from the data above that all the regions are classified as “Rising Markets”.

Posted by India Property News Admin on Sunday, September 23rd, 2007. Filed under India Property News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

1 Comment for “Office Property Trends in Delhi NCR – September 2007”

  1. In every economy, markets go up and down . In a normal working of every market it goes through ups and downs, since the current real estate market of commercial area in Delhi-NCR region can anyone judge or predict when is this market going to turn the other way.When is the downturn going to come in?On what all basis one can do such sort of evaluations?
    What is the right time to buy property for investment purposes in Delhi-NCR region.

Leave a Reply