India Sees Sustainable Growth In Real Estate

Growth in Real Estate
The Indian real estate sector is one of the fastest growing markets in the world. Comprising of housing, retail, hospitality and commercial sub-sectors, the realty market is expected to touch USD 180 Billion by 2020.

The real estate market in the country is in many ways driving the economic growth and allowing many foreign and domestic investors to expand and lay stakes. The NCR (National Capital Region) itself has recorded a threefold increase in net absorption between January-March 2013. It is expected that in Indian cities, primarily Delhi-NCR, Bangalore, Mumbai, Chennai, Hyderabad, Pune and Kolkata, there is going to be a major demand in office spaces in 2014. It is projected that the demand is going to increase by seven per cent this year.

Real Estate Developers Who Are Going To Make A Difference
Let's take the case of NCR-Delhi, one of the fastest growing industrial and corporate destinations of India. Here the real estate sector has seen an exponential growth. There are many veteran real estate players who have made remarkable contribution to the growth of the industry. However, it would be wrong to not write about the new entrants in the market - the newly established real estate development companies. One such company is AN Buildwell which was established in 2005 and in a short span of time has seen remarkable growth. WTCManesar is one of the business hubs of NCR located in Manesar, a few kilometres away from Gurgaon that is ready to host international and national brands across sectors.

WTC Spire edge Manesar is North India's first World Trade Centre. There are about 330 WTCs in the world. World Trade Centres are global networks of office complexes which have been set-up with the primary objective of promoting international trade and boosting the growth of local business communities. Each WTC helps foster partnership among businesses and gives opportunities to companies to share and exchange trade-related information.

World-class Infrastructure at World Trade Centre Manesar
The WTC built in Manesar is spread over 1.6 million sq.ft. It is India's first mainstream green office complex that is built on a radical, unconventional and sustainable architecture. The integrated office complex has five towers, namely, the Signature Tower, Multi-tenant tower, Anchor Block, Retail, Business Suites and Clubs and Expo and Conference Center. The new beacon of Manesar, the Signature Tower, is an iconic 300 feet high LEED PLATINUM pre-certified deep green building that covers a total area of 3.5 lac sq.ft. The Multi-Tenant Twin Tower has a floor space of 6.5 lac sq.ft. and is suited for IT/ITeS organisations.

The Anchor Block is an independent tower covering a floor space of 1.8 sq.ft. The Business Suites and Club have 100 key furnished residential apartments with independent kitchenettes. The Shopping Mall is the recreational and social hub of the complex. With so much to offer, the WTC Manesar will surely be a reference point for future infrastructural projects and the hub for business growth in the country, especially in the Delhi-NCR region.


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1 comments

ritesh November 16, 2015 at 4:35 AM

WOW!! Good Information and a fantastic article. Lucky me I found your site by accident (stumble upon), actually was searching to real estate developers in Mumbai but found even a greater thing then that. I have book marked it for later!

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