Thursday, 25 September 2014

Commercial real estate flourishing for the ventures like Supertech Astralis Noida

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Supertech Astralis Sector 94 Noida


Supertech Astralis is the stupendous commercial creation in the real estate sector. Real estate market is one essential chunks required for the economic growth of the country. Analyzing the market scenario, it has been found that the both residential and commercial real estate sector are contributing huge in the in the country’s development. The year 2014 is remarked by the great demand of commercial developments and the metropolitan cities are being flooded with the new commercial launches. "As India is about to form a stable at the Centre, markets around the country are showing signs of economic recovery. And the recovery is witnessed across all segments of commercial real estate," according to RICS India Commercial Survey for first quarter of 2014. The buyers that hold their investments for long are coming forward and enquire about various commercial investment options. Office and retail spaces and the rental segment have witnessed the hike in demand in the commercial real estate market. India is on road of reviving the market for the commercial sector and gaining its previous position in the top five global cities for office markets. There was time when the builders were converting their commercial projects into housing entities but the situation has been handled and the commercial sector is holding the major key for the economic development of the country.

With the huge demand, the real estate market welcomes the commercial ventures like Supertech Supernova Astralis whole heartedly. “India’s top six cities have consistently witnessed the largest net absorption of office space in the Asia-Pacific region, and perhaps globally, this, combined with limited new developments for office projects in India, creates a unique demand-supply gap for good quality office space.” said Sachin Doshi who is the head of non-listed real estate for Asia-Pacific at APG in Hong Kong. The builders are also focusing on the overseas clients who are showing their great interest in the retail market of India. Blackstone, which is world’s largest real estate investor, has invested $1 billion in commercial real estate across India to become the largest landlord in the country among private-equity investors. The commercial ventures like Supertech Astralis Noida are designed with the unique features and impact of modernity to attract the investors. 

One Response so far

  1. I hope this multinational proves to be best real estate development for all buyers.

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