Bhiwandi has emerged as one of the most preferred warehousing markets, given its strategic location, stable rentals, and proximity to major city hubs in Thane and Mumbai. | Mumbai news
Leading contributors to this surge include Mindspace, Divyashree, Phoenix, GAR Infobahn , and CapitaLand. Separately, other developers like Phoenix, Salarpuria Sattva, and RMZ will play a pivotal role in the supply boost in HITECH City.
Limited availability of quality office assets for investments is leading institutional funds to create platforms with developers for building office spaces from early stages. However, they remain cautious due to global recession and lower demand for large office spaces. Global investors are still scouting for good quality office assets and creating more platforms for developing high-quality Grade A office assets.