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Latest Trends In Commercial Real Estate Market
June 29 2018

Latest Trends In Commercial Real Estate Market

The year 2017 was a landmark one for the real estate sector in India. With the introduction of major economic and regulatory reforms like RERA and GST, the industry witnessed a significant transformation in terms of efficiency, quality and transparency. Over the last year, the commercial real estate market has also evolved in keeping with the many reforms. One of the most significant positive changes has been the decline in the vacancy rate of commercial property.

Here are some of the latest trends in the commercial real estate market in India:

1. The growth of FDI in commercial real estate:

Commercial real estate offers a higher yield when compared with residential property, making it a very lucrative investment option. With the launch of REITs (Real Estate Investment Trusts) in 2017 and the enhanced transparency in real estate transactions brought in by GST and RERA, the commercial real estate sector has attracted a large number of global investors this year.

2. The emergence of co-working spaces:

The last few years have witnessed a major evolution in the work culture in India. Hybrid co-working spaces are becoming increasingly popular and serve as an excellent alternative to traditional office spaces for many startups and freelancers. The convenience and cost-effectiveness of co-working spaces has led to their increased demand, and co-working operators expect to lease about 8-9 million square feet of commercial space by 2020.

3. Expansion of commercial spaces in Tier II & III cities:

As Tier I cities become increasingly expensive, many major technology and e-commerce companies are looking to expand their base to Tier II & III cities. This has made the commercial real estate market in these cities highly lucrative at this point in time.

4. Increasing popularity of Built To Suit (BTS) office spaces:

Built To Suit office spaces have remained popular with IT and ITeS companies in metro cities like Bengaluru, Pune, Chennai and Hyderabad. This has served as a hedge against an upsurge in rentals in the aforementioned cities, keeping the commercial property in high demand.

Looking for a premium commercial office space in Pimpri Pune? Gera’s Imperium Oasis presents top commercial projects in Pimpri Pune for sale


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It was indeed a pleasure being a part of the Christmas celebrations at Astoria. Kudos to the Gera team for bringing in such a wonderful event with great carol singing participation from our own kids. It brought in the spirit of Christmas and the games, Santa, the gifts only added to it. Thanks for organising such a wonderful event which helped in community building...looking forward to many more such celebrations!


The Christmas event organised at Astoria was a big success and a big step in bridging the gap between us and Gera. It was a memorable event as we are still in the beginning of our journey of life in our little home at Astoria. The kids have been the happiest of all and what more can we ask for when we see smiles on the faces of our little ones. Kudos to you and your team for making this event a huge success! Looking forward to many more in the years to come.


The Christmas party organised by Gera at Astoria this year was a great success with good participation from kids and parents. Our children Sia and Saish enjoyed the party to the fullest. Sia, in particular, had a gala time and reiterated her stand that Anita aunty's parties are THE BEST.... We as your customers take much pride in informing our friends that such goodwill gestures are one of the many differentiators Gera brings to us, which no other builder in Goa can boast of. Many thanks to you and your team for doing an excellent job in putting up this event. We look forward to the next one! A big thanks to the Gera Management for its efforts in community building.