Commercial real estate more lucrative than residential

06 Sep 2022 CW Team

Commercial real estate demand in India has risen, and is at its highest since the Covid pandemic. The return on investment (ROI) in commercial real estate is “comparatively higher than the residential market” and established players are actively seeking collaborations with local developers to launch new projects as joint ventures, said Ravindra Pai, Managing Director, Century Real Estate.

“In office space leasing, tech occupiers were key drivers of the aggregate market leasing activity in July 2022 with a 53 per cent share. Banking, financial services and insurance (BFSI) had a share of 18 per cent,” Pai said in an interview. The company is planning to foray into commercial real estate in FY23, along with eight new launches in the residential segment in the pipeline.

“In the years preceding the pandemic, the ticket size Rs 60-80 lakh was the sweet spot in Bengaluru. Following the pandemic, the industry is witnessing strong demand from Grade A players in the plotted segment in this price range, as well as luxury homes,” Pai said.

The other real estate asset classes that are attracting investors today are warehousing and data centres, which are seeing a steady increase in demand. “We foresee that more investments will be made here in the next 3-5 years,” he said.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..