Among the top ten emerging property investment destinations for the the Asia-Pacific region, the list includes six Indian cities: Mumbai, Delhi, Pune, Hyderabad, Bengaluru and Chennai. The report has been drafted by Cushman & Wakefield and is titled ‘Betting on Asia Pacific’s Next Core Cities.’ The aim of the list is to predict maximum global investments in 2017 which would be in the commercial office assets. Due to the restricted investment opportunities in core markets of Asia-Pacific, the investments have been directed towards the secondary and tertiary markets.
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With a rise in the GDP, India is being considered as one of the most favorable investment destinations. New policy reforms like RERA, GST and the Benami Transactions Act would help in promoting security to the investors by creating an environment of transparency and accountability. Furthermore, India occupies a major portion in the global office demand when it comes to its commercial offices.
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