Indian Commercial Real Estate Market Expected to Reach US$60 Billion by 2010

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c59270) has announced the addition of “Industry Insight- Indian Commercial Real Estate 2007” to their offering.

Indian real estate market during 2006 is estimated about US$16 billion and has been growing at a CAGR of 30% for the last few years and is expected to reach US$60 billion by 2010 and commercial real estate market would reach US$12 billion by the same time. Share of foreign investments in real estate will increase from current US$3.12 billion to about US$25-28 billion by 2010. The market is driven by buoyant economy, flourishing IT/ITES sector, banking and financial, retail sector etc.

The real estate industry is a cluster consisting of industrial and service sectors like real estate (Housing Construction, Construction of Commercial offices, Retail and industrial buildings and Infra structure projects), brokerage services, real estate finance services (mortgage banking, real estate investment), real estate operations, property management, architecture and design.

Scope of the report

• The report covers current status of commercial real estate in India such as, various SEZs, industry parks, hyper markets and other retail formats and projection of future requirements for office space.
• It also discuss, the various regulatory policies regarding Govt Land Ceiling Act, Stamp Duty and Registration Laws, Building Code etc.
• This report discusses in detail the nature of the Indian commercial real estate market, future outlook, and also growth and change in the industry
• The report also analyses zone-wise commercial real estate industry, price trends – both capital value and lease rentals as of March 2007 - and its future potential.
• The report also profiles nine major players in the sector. SEZ’s, hyper markets and office space availability are pictorially presented by way of a map.
• The Indian commercial real estate market analysis provides a comprehensive report of all aspects of the real estate sector which may interest investors

The report will be highly useful to

• Industry analysts,
• Consultants,
• Real estate companies,
• Infrastructure companies,
• Corporate like construction, retail, IT/ITES/BPO,
• Investors,
• Banks &financial institutions.

1. Executive Summary

2. Highlights

3. Overview of Global Real Estate Industry

4. An Overview of Indian Real Estate Sector

4.1 Introduction4.1.1 FDI in India and Real Estate

4.1.2 SEZs/Industrial Parks

4.1.3 Retail Space

4.1.3.1 Hypermarkets

4.1.3.2 Supermarkets

4.1.3.3 Food Retail

4.1.3.4 Other Retailing

4.1.4 Office Space

4.1.4.1 IT & ITES

4.1.4.2 Other Sectors

4.1.4.3 Current Trends in Office Space Availability across Cities

4.1.5 Others

4.1.5.1 Convention Centre

4.1.5.2 Service Apartments

4.2 Legal and Regulatory Aspects

414.2.1 Urban Land Ceiling

4.2.2 Stamp Duty and Registration Laws

4.2.3 Building Code

4.2.3.1 Floor Space Index

4.2.3.2 Structural Safety

4.2.3.3 Fire Safety

4.2.3.4 Noise Mitigation

4.2.3.5 Energy Conservation

4.2.3.6 Indoor Air Quality

4.2.3.7 Seismic Protection

4.3.4 Approvals

4.3.4.1 Central

4.3.4.2 State

4.3.4.3 Local

5. Regional Markets

5.1 North Zone

5.1.1 Delhi & NCR

5.1.2 Indore

5.2 South Zone

5.2.1 Chennai

5.2.2 Bengaluru

5.2.3 Hyderabad

5.2.4 Visakhapatnam

5.2.5 Coimbatore

5.3 East Zone

5.3.1 Kolkata

5.3.2 Bhubaneswar

5.4 West Zone

5.4.1 Mumbai

5.4.2 Pune

5.5 Other Major Cities

6. Growth Drivers

6.1 Economic Growth

6.2 Changing patterns of income, demography and urbanisation, retail boom

6.3 Growth of IT/ITES and Other Service Sectors

6.4 SEZ Growth

6.5 Improved Financial /Investment Pattern

7. Issues & Challenges

7.1 Issues

7.1.1 Improper documents could cause legal problems

7.1.2 Poor transparency in prices

7.1.3 Encroachment & land grabbing leading to litigation

7.1.4 Speculation in Real Estate Causes Pseudo Price Wars

7.1.5 Many small players without adequate technical skills

7.2 Challenges

7.2.1 Completing the project

7.2.2 Availability of Land

7.2.3 Arranging the funds

7.2.4 Selling the developed property

7.2.5 Making profits under increased interest rates

8. Major Players

8.1 Ansal Properties & Infrastructure Limited

8.2 Unitech Limited

8.3 Parsvnath Developers Limited

8.4 Sobha Developers Limited

8.5 Prajay Engineers Syndicate Limited

8.6 Narendra Properties Limited

8.7 DS Kulkarni Developers Limited

8.8 Akruti Nirman Limited

8.9 Phoenix Mills Limited

9. Critical Success Factors

9.1 Locational Significance

9.2 Knowledge of Retail Property Business

9.3 Good Building and Landscape Design

9.4 Marketing and Promotional Tools

9.5 Right Property at Competitive Prices

10. SWOT Analysis

11. Future Outlook

Annexure I: List of Abbreviations

Annexure II: References

Companies Mentioned:

• Ansal Properties & Infrastructure Limited
• Unitech Limited
• Parsvnath Developers Limited
• Sobha Developers Limited
• Prajay Engineers Syndicate Limited
• Narendra Properties Limited
• DS Kulkarni Developers Limited
• Akruti Nirman Limited
• Phoenix Mills Limited

For more information visit http://www.researchandmarkets.com/reports/c59270