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India’s real estate developers predict new construction boom

Posted on 12 December 2012

The sight of a construction crane looming on the horizon has become ubiquitous in most large cities across India – and may become even more so in the near future. The introduction of large foreign retailers like Wal-Mart into the country is eagerly awaited by many industrialists, particularly in the real estate sector, where builders and developers hope to benefit from an increased demand for retail spaces.
Commercial real estate prices in India have already risen sharply in big cities in recent years, and there is a dearth of quality retail spaces available for rent, so analysts expect a boom in construction if foreign multibrand retailers enter the market………………………………………..Full Article: Source


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