A major shift is underway in India’s commercial real estate, with Indian companies accounting for 50% of office absorption in 2025, a significant increase from previous years where American firms dominated. This highlights growing domestic corporate expansion, reducing dependency on global corporations. In an interview, it was noted that South India, with cities like Bengaluru, Hyderabad, and Chennai, is leading this growth, representing about 60% of the market in the top eight cities. However, the sector faces challenges, including the high cost of doing business due to expensive capital and land, which constitutes up to 85% of project costs in tier-1 cities. Streamlining the approval process to under three months and unlocking land held by government bodies were cited as key steps to making housing more affordable and boosting the real estate sector’s contribution to the GDP. #realestate #indianbusiness #property #southindia #commercialrealestate #affordablehousing #tatarealty #sanjaydutt #indianeconomy #urbandevelopment #officespace #coimbatore #bengaluru #hyderabad #chennai #infrastructure #indiatoday #indiatodayconclavesouth
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