• 25th to 26th September 2019

    HITEX, Hyderabad

  • ORGANIZED BY

  • SUPPORTED BY

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India Commercial Real Estate Expo (ICREX) is a unique platform for commercial real estate developers across India to showcase and promote their projects and solutions to high-potential customers in a well-organized B2B setting.
The key categories of properties will include commercial spaces, office spaces for IT/non-IT companies, retail spaces, co-working spaces, warehouses, shopping malls, special economic zones, industrial parks and factory spaces, and related ancillary infrastructure and services. The expo will also display allied services including office décor, technology and financing under one place.

Highlights

  • Top Indian and Global Commercial Real Estate brands under one roof
  • One-to-one Buyer-Seller interaction
  • Meeting Lounge
  • Hosted buyers / visitors from across the country
  • Extensive media coverage

Segments on Showcase

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Office Space

  • Commercial office stock in India is expected to cross 600 mn sq. ft. by 2020
  • More demand in Tier 2 cities with business activity shifting from Tier 1 cities
  • Co-working spaces across top seven cities grew sharply to 3.44 mn sq. ft. in 2018 from 1.11 mn sq. ft. in 2017



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Retail Space

  • FDI is now permitted in multi brand retail to boost demand
  • In 2017, 6.4 mn sq. ft. of new retail space was finished and is expected to grow to 20 mn sq. ft. in 2019
  • Between 2015 and March 2018 the retail segment in Indian realty attracted private equity investments of around Rs.5, 500 crore
  • Around 32 new malls with area of 13.5 mn sq. ft. to start operations in 2019
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Special Economic Zone

  • As of July 2018, India had formally approved 420 SEZs of which 223 were in operation
  • Majority of the SEZs are in the IT/ ITES sector
  • Government is encouraging SEZs by enabling 100 per cent FDI in real estate projects within SEZs
  • Minimum land requirement has been brought down from 1000 hectares to 500 hectares for multi-product SEZ and to 50 hectares for sector- specific SEZs
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Warehousing Space

  • Warehousing space is expected to reach 247 mn sq. ft. in 2020 from 140 mn sq. ft. in 2017
  • Investments of Rs 50,000 crore (USD 7.76 bn) is estimated in India’s warehousing segment between 2018-20
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Industrial Parks

  • Make in India campaign is creating more demand for industrial parks across India
  • Five industrial corridors are being developed across the country to boost the manufacturing sector
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IT Parks

  • Over twenty new software and hardware focused Centres of Excellence (CoE) across India are planned to start operations in next 2 years
  • Outsourcing of information technology based jobs to India is boosting demand for IT Parks and hi-tech office spaces across India
  • Growing number of data centres are increasing the demand for technically-equipped large spaces


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