Bengaluru witnesses surge in new real estate investments. Details here
real estate investment trusts (REITs) offer an indirect yet accessible way to invest in real estate, allowing individuals to benefit from property income and appreciation without direct ownership responsibilities. REITs provide liquidity and portfolio diversification in the real estate market, added Navin.
Meanwhile, according to Colliers India Report, the 2023 India office market has culminated on a spectacular note with 58.2 mn sq ft of gross absorption across the top 6 cities. The last quarter of the year witnessed the highest-ever demand for office spaces in India, with all three southern cities of Bengaluru, Chennai, and Hyderabad registering the best performance since the COVID-19 pandemic.
While Bengaluru and Delhi NCR drove leasing activity during 2023, accounting for about half of the total demand for office space in India, Chennai made it to the top three list for the first time. Disclaimer: The views and recommendations made above are those of individual analysts, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.Milestone Alert!
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