E-Commerce companies buying premium office spaces

There is a boom in E-Commerce business in India and companies like Amazon, Flipkart, Snapdeal, Jabong etc. are looking to expand their operations further and acquiring premium office spaces for their operations.

Market experts say that the demand for commercial office has picked up due to the rise in demand for office space from large E Commerce companies and companies that are just starting now, although most of these expansions are happening in big cities, however tier II and tier III cities are witnessing this demand as well. Companies like Amazon, Flipkart etc. have already acquired large office spaces as they further expand their operations. In Mohali now lots of option for your shops and showroom so that you can book .

The overall market sentiment has undergone a significant improvement with the office segment seeing positive activity, with economy staying stable companies are implementing their plans with more confidence which is leading to increased demand of office spaces, this increase in demand is due to E-Commerce companies jostling for bigger office spaces to accommodate their expanding workforce and increase in their backend operations.

A market survey points out that this demand for bigger office spaces in prime locations across cities in India will increase in the next three- four months as these companies are planning to expand their business deep into various cities in India.

There was a large quantum of commitments made by these companies during the latter half of 2014, as soon as the government announced various schemes for the industry both commercial and residential which resulted in a lot of space take-up in the first quarter of 2015, this trend is likely to gain momentum through the year, as businesses will grow so will the demand of office spaces.

Commercial Industry experts feel that Private Equity will also grow and some of the Private Equity Firms have shown interest in some high end commercial office properties to invest as this positive sentiment keeps on growing further, with further funds coming in the market will expand further and with these big E-Commerce companies going for big office space these sure are good times for the commercial sector.

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