Amazon, e-commerce rivals fuel commercial property boom in India

January 23, 2015 creative aditi-shah, amazon, buy-everything, family, logo, property, session-during, snowball-effect, storage, worst-countries

By Aditi Shah NEW DELHI (Reuters) – Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India as their storage needs rise, with shoppers in the country going online to buy everything from televisions to groceries. Other estimates indicate office rents in India's tech hub Bengaluru could rise by as much as a fifth in the next six to nine months as e-commerce companies add to demand.

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Amazon, e-commerce rivals fuel commercial property boom in India