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News & Views on Indian Real Estate

Wednesday, August 06, 2008

Showing commitment, with brick and mortar

As foreign architecture firms set up more offices in India, they are also bringing back Indian architects who left the country many years back for better opportunities abroad. After designing for Indian real estate developers for the past few years, some marquee names in the world of architecture—such as Burt Hill, Bregman+Hamann Architects and Skidmore, Owings and Merrill Llp., or SOM—have now started expanding their front offices across India to be more accessible and do more work.The trend is accelerating in recent months as both commercial and residential construction slumps in countries such as the US, where a slowing economy is taking a heavy toll on new projects. This has left many firms, including some white-shoe ones, scrambling to find work for their roster of architects, with West Asia and Asia offering new hope.Fuelling demand has been the rush of construction in India, with big builders falling over each other to tout the design and architectural help they are getting from firms based outside the country. A perceived shortage of domestic talent has also helped foreign firms find projects within India in the past couple of years.

manish said...

A no. of NRI are coming back to india for investment in real estate and retail market due to its growing trend for last 3-4 of year.

Architectse said...

I really like your blog it’s excellent…


Plz share more about India real estate growth in this ression

http://www.architectsban.webs.com
http://www.seekangroup.com
http://www.interiordesignersbangalore.com
http://www.interiordesignersinbangalore.com
http://www.architectsbangalore.com
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