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India: Commercial realty biz hits oversupply hurdle

Posted on 11 November 2010

From Indiatimes.com: Demand for commercial real estate has not shown improvement in line with the residential segment in the past one year and has continued to reel under the pressure of oversupply across India, but improved economic activity has now started narrowing the gap between supply and demand in this segment.
However, sustainability of the momentum is still a key concern, according to a report on the commercial real estate sector. “Demand for office space registered significant growth in 3Q 2010 (July–September) of 18% over the previous quarter, while supply recorded was lower by 11% in the same period……………………………………….Full Article: Source

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