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The development of corporate real estate practices in India : a survey of CRE professionals

Naidu, Kiran Kumar, Heywood, Chris and Reed, Richard 2006, The development of corporate real estate practices in India : a survey of CRE professionals, International real estate review, vol. 9, no. 1, pp. 153-166.

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Title The development of corporate real estate practices in India : a survey of CRE professionals
Author(s) Naidu, Kiran Kumar
Heywood, Chris
Reed, Richard
Journal name International real estate review
Volume number 9
Issue number 1
Start page 153
End page 166
Publisher The Asian Real Estate Society (AsRES)
Place of publication New York, N.Y.
Publication date 2006
ISSN 1029-6131
Keyword(s) India
real estate
business process outsourcing
practices
transformation
Summary Business process outsourcing (BPO) is transforming Western companies? corporate real estate (CRE) requirements. When business processes move to a developing country there are consequences for that country?s CRE practice. This paper considers the effects of western BPO on Indian CRE. Qualitative and quantitative analysis was used to analyze data from a survey of professionals operating in Indian CRE. Location issues, quality of workspace, and the availability of human resources were identified as important in establishing BPO activities in India. Suburban, and campus or built-to-suit facilities, were increasingly preferred locations and styles of workplace that were transforming Indian CRE practice. Also, the effect of western BPO was impacting on the types of CRE services being offered. With the continuing growth in BPO to ?secondary cities? the transformational effects on local CRE practice are likely to spread and further transform CRE practice in India.
Notes
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Language eng
Field of Research 150403 Real Estate and Valuation Services
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2006, International Real Estate Review
Persistent URL http://hdl.handle.net/10536/DRO/DU:30022026

Document type: Journal Article
Collections: School of Architecture and Built Environment
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