Investing in Indian Commercial Property
Thursday, June 22, 2006In a recent report by Citigroup, they estimate that office and commercial property price may not melt down as their is still huge demand for the same. However, the returns are also not likely to be exuberant from current levels. Yields are liekly to be around 15% on development projects.
Trammell Crow Meghraj adds that, In the current scenario, it makes sense to go for long-term investing. Short-term investing is not advisable given the economy's inflationary pressures.
In the contest of Indian Comemrical Real Estate, short-term means an investment horizon of 2 years. Medium-term means a period between 2 to 7 years. Long-term is more than 7 years.
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