[부동산] 주거지 개발자, 상업지로 눈 돌리나 Residential developers turn to commercial realty, in search of greener pastures
[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho staff of Kamagroup Pvt. Ltd. Here I have an important INDIA REAL ESTATE news to share with you which is as undermentioned.
With commercial real estate offering decent returns, several residential developers are foraying into this segment. We look at the reasons behind such moves and whether such ventures are likely to succeed
The real estate market has, on numerous occasions, witnessed the launch of projects in the SEZ, retail, luxury housing or even affordable housing segments, without any market rationale. This has often led to oversupply in that given segment, or the particular micro-markets, where such projects have been launched. It is in this background, now, that some of the residential property developers are foraying into commercial projects.
There is a general perception that developers are launching such projects, as they are on the lookout for greener pastures. While developers may be lured by the profit margins in such segments, their execution capabilities and business model remain doubtful.
Read more at: https://housing.com/news/residential-developers-turn-to-commercial-realty-in-search-of-greener-pastures/
Have a nice day.