Interest is rising for the favourable demographics of Philippines, Thailand, Sri Lanka and Indonesia, where evolving consumer preferences influence expansion strategies for retailers.
In terms of commercial real estate investment potential, Mumbai, Bangalore and Delhi NCR will continue to be of highest interest to big ticket investors focused on real estate in 2013. We also expect investor-driven demand to remain upbeat in Chennai, Hyderabad and Pune. Mumbai
As has been the case in the past, the larger cities of Mumbai and NCR-Delhi recorded healthy absorption of residential units during 2012, with a 60% contribution to the overall absorption. Chennai and Pune were among the other two cities that increased their share of absorption during 2012 to 26% from the 23% recorded a year ago.
Learn what is shaping the growth of retail in India in Jones Lang LaSalle India’s recent release: Changing Landscape of Indian Retail – Seven Cities, Seven Horizons.
FDI will be a powerful catalyst to the required growth in the retail industry and, in long term, will prove beneficial to all the major stakeholders. The new policy can benefit both foreign retailers and their Indian partners.