Growing Service Sector Enhances Commercial Real Estate

Commercial Sector Boom

Commercial Sector Booms with Service Sector Growth

Growing service sector of India drive the demand for commercial real estate. Real estate research firms reported that Service sector of India showed a greater pace of growth rate of 8.5%. This will result in the increased demand for more commercial real estate space.  In 2011 service sector occupied 70 % of office space and this is likely to be increased this year. Continue reading

Real Estate tops the PE chart in Feb.

The second month of 2012 saw $922.7 million of private equity (PE) investments in Indian companies across 51 deals, 58% higher than the investments of $583.8 million across 24 deals in the same month last year.

However, the average deal size declined to $23.1 million from $38.9 million last year, as February 2012 was marked by a high number of smaller value deals.

During the month, the real estate sector topped the investment chart, accounting for 36.6% of the total investments, while the banking, financial services and insurance (BFSI) sector occupied the second slot with 23.6% share.

Mint, in association with Four-S Services, presents a snapshot of the PE landscape in India for February.