Commercial Real Estate Demand By IT Companies

Cosmic Corporate Park

In 2012, several IT companies are looking to pre-lease office space to take advantage of the favourable commercial terms currently being proposed by commercial office space developers. Demand is expected to remain stable. However, the office space supply is expected to outweigh demand in most prime cities of India. Corporate expansions are likely to decrease due to the uncertainties in the global economic situation, which will have an impact on business budgets for next year.

Demand will derive from consolidation in and relocation to Special Economic Zones by large IT occupiers, who will seek to reduce costs and avail of the related tax incentives. Commercial office space rents and capital values are expected to increase across all cities, albeit marginally.

Commercial office space investor sentiments will remain cautious in the year ahead. The suburban submarkets will continue to be preferred by tenants, especially in the case of the IT sector, due to the cost advantage and availability of substantial supply.

If you or your company is looking for commercial office space at rent or willing to buy, you can contact us. We Global Creations-A Chadha Group Enterprise offers our clients office space  along with other buying and selling properties as well. We along with Cosmic Group offer commercial space at Tech Zone, Greater Noida. Cosmic Group has delivered many projects in Delhi NCR as a contractor. After delivering many successful projects Cosmic Group itself is coming up in the real estate industry with its very first commercial project “Cosmic Corporate Park”. It’s strategically located in Tech Zone of Greater Noida, hub of IT Industries.

Book now your commercial space at “Cosmic Corporate Park” with  Global Creations-A Chadha Group Enterprise to get 12% assured return on all kinds of offerings. Simultaneously we are also offering bank guarantee on all deals made with us. You can select any kind of office space from our wide range of varieties i.e. fully furnished, semi furnished, unfurnished, virtual spaces.