aggressive in funding mix use projects
of reputed developers.
• Besides structural policy reform, there
is an intent to digitize land records, land
pooling, change in arbitration norms,
setting up of committee for strategic
sale government assets. These are
considered to be game changers for the
• Price may be more affordable after
impact of recent policy implementation.
Ecommerce and digital economy: The
government push for digital economy
will boost online retailing. Innovations in
speed and mode of delivery are disrupting the retail and its supported logistic
markets. While retail owners can try
different store formats and enhance
end-customer experience, logistics
should potentially focus on smaller and
more flexible spaces within cities to enable faster delivery.
Offline well managed large format of
shopping malls will continue to offer
innovative sales promotions discounts
to pull customers to their stores. Many
of them may have mix of both offline and
online reach to customers.
2017 Outlook: Technology driven office and industrial markets such as
Bengaluru, Hyderabad, Pune, Chennai,
NCR, and New Mumbai properties may
continue to be in demand by MNCs/
Corporate where rentals are around $1-
1. 25 square feet per month or $12 to $15
per square feet/annum. Consolidation
and expansion of space is in demand.
Co-sharing office space may grow much
faster in Tier I & Tier II cities preferred
by the startup industry.
Combined Online/offline ( B to B & B to C)
retail shopping and ecommerce market
may grow rapidly as India remains a
domestic consumption story with over
1. 30 billion people.
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