Real estate demand in various segments in the country would cross the 1,000-million sq ft mark by 2012, a real estate investment report said.
Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cross 1,000 million sq ft by 2012, said Cushman and Wakefield (C&W) and GRI in The Metamorphosis, a report on India Real Estate Investment for 2008.
The residential segment continues to drive real estate demand with 687 million sq. ft, contributing 63% throughout the term under consideration, the report said.
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