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Growth in the real estate sector of all countries shows the overall growth of a nation. Similarly, growth of any country depends majorly on the rising demand and the needs for commercial and even residential property. Increasing commercial property growth shows prosperity and expansion while the residential property growth on the other hand indicates that people want a better standard of living. The first economy growth can always be felt everywhere. The need for commercial property has been rapidly increasing everywhere today. Malls, showrooms, distribution facilities, shops, office space, business centers, warehouses, and other new establishments can easily be seen in all the main Indian towns and cities. In India, real estate is really growing. Market for the commercial property for rent in India is equally on the rise. A dynamic way to optimally use the Indian commercial property is moving the real estate sector in the country to a whole new level. Several people now prefer renting commercial property. The extreme demand for commercial property for rent in India is motivating the middle class people in India to just come out and embrace entrepreneurship. The elevation of the overall number of small industries, small business houses, and even self-owned establishments is amazing when compared to what was there in the last decade. As a result, the Indian commercial property market is being pushed rapidly. This is due to the fact Commercial property is mainly used for business purposes. Therefore, the cropping up of commercial property for rent in India is mainly attributed to the web development forms, BPOs, software firms, IT boom, Hospitality Industry, among others. This generally results in better living standards in India. Consequently, the residential property market is also pushed leading to an even growth in the real estate industry in the country. The other reason why the commercial property market is heated can be attributed to the massive inflow of foreign institutional investments and foreign direct investments, thanks to the government. The government has permitted open trade and even set up regulations, rules and taxation system which are quite lenient. The regulations have only made it possible for international nations to invest in the country and promote the economy and commerce of India in general. Although the commercial property market is on the rise in India, it comes with some obvious disadvantages. Due to increasing demand for commercial property in India, their buying rates have virtually hit the roof. The cost has increased so significantly that it has become almost impossible for the middle class to own a commercial property. As a result, people have resorted to renting commercial property, sharing revenue with the commercial property owners or even time sharing. At times, the commercial property rates appear to grow so fast that the nation's state of commerce and economy may be affected in the end. This is because a significant portion of the revenue of all businesses is moving towards maintaining and owning a commercial property. However, it may prove quite tricky for the government to regulate this sector. Resource From: commercial property for rent and office room to rent
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