(From India Business Insight)
The Indian retail industry is witnessing growth as a result of disposable incomes, decline in real estate prices and increase in number of customers.
Investment in retail real estate continues to yield the highest returns when compared to residential and office segments, according to Knight Frank's latest report in its annual India Retail Review.
The office and residential segments yield returns of 13-16 percent, according to the study. India ranks fifth among 30 emerging retail markets in developing countries. Consumer spending on an average in the country has grown by 11.5 …