Commercial real estate in the city has been witnessing a boom in recent years. This trend is expected to continue in future as well. Indore is opening new gates for investments in information technology, financial services and pharma firms.
Increased investments in several sectors
Indore is witnessing significant development in numerous fields. With growth comes investment and expansion, which needs commercial space to bring it to life.
Co-working and managed working spaces
Indore is currently home to more than 250 startups, and with more of them coming up the culture for fully maintained co-working spaces has seen a rise. A place with all facilities of an office provided at a common ground, it’s an apt option for budding startups with limited capital.
Big names bring significant opportunities
Many opportunities are on the way with esteemed brands like Accenture and Phoenix Mall, expected to commence operations by September. Reverse migration has also led to increased demand in the commercial sector. The reopening of offices to offline mode is in full swing. Indore is developing fast and similarly can expect the same from the future. With development, there is a need for space, so the growth in commercial and residential real estate will rise. The space requirement is between 1000 and 40,000 square feet.
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May 30, 2022 5:27:46 PM | Commercial Real Estate
Indore is opening new gates for investments in information technology, financial services and pharma firms.
