A remarkable divide is emerging in Bangalore’s real estate scene. The market for both office and residential space has been stagnant in 2008 in most areas and down 10-20% in certain areas. The demand for retail (shopping) space is continuing to boom as it has been doing for five years now. This is impacting the demand for retail space on Central Business District like Commercial Street, Brigade Road and MG Road.
Tags: bangalore, office, real estate, residential, retail space, shop
