With the aim to widen its presence in India, London based Winkworth has entered into master franchising agreement with Narayanan Soundararajan. The firm will first set up offices in Bangalore. Winkworth, the London based largest real estate agents’ chain, will extend its presence to India. For this, the firm has entered into master franchising agreement […]
February 1, 2013 – 7:24 pm
Providing easier access to the prime commercial hubs of Bangalore, Koramangala has become a better destination for all end-users and investors. Koramangala is an outskirt in Bangalore. It lies on the South-East part of Bangalore. However the Bangalore’s outskirt has been considered as one of the best destinations for both home buyers and investors. The […]
January 28, 2013 – 7:27 pm
Being an important IT- Hub, Bangalore always depends on the IT and ITeS sectors for its growth and development. Facing weak demand from these sectors, Bangalore now witnesses lower office space absorption. There has never been a doubt for anyone about the close relation of Bangalore with the IT and ITeS sectors. This is comparatively […]
Once upon a time localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of […]
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million). Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield and appreciation portfolio (RYAP) fund will be […]
By skgupta
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Posted in Property News
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Also tagged AIF, Alternate Investment Fund, Anand Rathi Financial Services, Chennai, Knight Frank India, Mumbai, National Capital Region, Ncr, Pune, RYAP, Second Realty Fund
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While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Chennai, Commercial Space, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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Glitzy tech capital Bangalore just earned a new sobriquet, the costliest Indian city. An analysis of the Reserve Bank of India’s Consumer Price Index (CPI) shows that Bangalore is a couple of notches higher than the all-India cost-of-living average, with financial capital Mumbai just a shade behind. The CPI is a measure of a standard basket of items, including food, clothing and […]
The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent, estimates the Karnataka Chapter of the Consortium of Real Estate Developers’ Associations of India. Sushil Mantri, president, CREDAI Karnataka said “We are expecting the […]
Market study says, prices of residential real estate have increased in the last one year and is going to be the same in coming future which means buying flats close to commercial areas will help the investors to get good return due to the high rental income. Executive director of KDP Infrastructure, Tanuj Goel said: […]
By skgupta
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Posted in Property News
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Also tagged 1BHK and 2BHK flats, Anuj Puri, buying flats, Chennai, commercial areas, delhi, Executive Director, global consultancy, good return, government agencies, head, high rental income, infuse liquidity, Investors, Jones Lang LaSalle India, KDP Infrastructure, last one year, Lotus Infra Projects Pvt Ltd, market study, most profitable investments, Mumbai, O P Agarwal, Property prices, Pune, Real Estate, reduction in CRR, Residential Real Estate, Tanuj Goel, Tier I cities, Tier II cities
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After a year, the realty market seems to be overwhelmed with the comeback of the demand of luxury homes. Apart from the prime locations like Bangalore and Mumbai, the tier-II or tier-III cities, such as Nagpur and Ahmadabad are also witnessing remarkable growth as far as luxury homes are concerned. Within just six months, these […]
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Also tagged DB Realty, delhi, Hiranandanis, Hyderabad, Indiabulls, JLLM, Lodhas, Luxury Homes, Mumbai, Prestige, Sobha
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Analysis of the growth in real estate sector in last few years was performed. It revealed some very interesting statistics of the growth. The facts go like this: In 2007, the office sector experienced highest demand. Grade A office space of about 32 million sq ft leased out in that year. But after that, it […]
The real estate consultants Knight Frank India said that apart from some localities of Delhi and Mumbai, the retail rentals in other locations will be sluggish for next two years. Although the number of malls and shop space has tremendously increased, the retail still lags behind commercial and residential property. “Although the outlook looks interesting, […]
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Also tagged caution, chief executive, growth strategies, India, Knight Frank, localities, Malls, Mumbai, Ncr, occupancy rate, Pune, Real Estate Consultants, Residential Property, shop space, Slowdown, sushil
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May 1, 2010 ‘Your Gateway to India 2010‘ is the title of the realty expo organized for the first time by Times of India in USA. This expo is organized to give exposure to NRI Indians about the booming India’s economy of $1.2 trillion. This Expo is scheduled on 1st and 2nd of May, 2010 […]
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Also tagged Chennai, Confident Group, DB Realty, delhi, Edison, Godrej Properties, Hiranandani Group, Jaypee Group, Mantri Developers, Mumbai, New Jersey, Paranjpe Constructions, Pune, Reddy Constructions, Santa Clara, Times of India, USA, Vijay Shanti, Your Gateway to India 2010
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April 27, 2010 – 11:30 am
April 27, 2010 As per some senior executive of JLLM, Jones Lang LaSalle Meghraj, integrated commercial space developments is following the steps of integrated residential complexes and is thus expanding in India. Mr. Anuj Puri, th Country Head of JLLM said that this is an upcoming trend as well as a saleable one. Such projects […]
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Also tagged BPTP ltd, Brigade Group, Commercial Complexes, Commercial Space, JLLM, Jones Lang Lasalle Meghraj, Mulund, noida, Office Space, Residential Complexes, Retail Area, Space Developments
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April 12, 2010 – 11:32 am
March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1 cities of Mumbai, NCR, Bangalore and Chennai, a new group of companies is, for the first time, considering off shoring in these […]
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Also tagged Chennai, Commercial Leasing, Commercial property, Estate Consultant, Global Real Estate, Hyderabad, JLLM, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Outsourcing to India, Prestige Estates, Pune, Retail Space, Tier 1
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October 3, 2009 – 5:30 pm
The Indian hotel industry will almost double the number of rooms from the current levels in 3-4 years by adding an estimated fifty-five thousand rooms, as per a study by consulting firm HVS India. The development of new rooms is going to be led by regional real estate players and hospitality firms as most large […]
September 26, 2009 – 1:54 pm
Mumbai is expected to see the highest demand for residential space of approximately 16.40 lakh units due to the large scale urbanization. The mid-scale and affordable housing in suburban and peripheral areas will be the focus of this demand. However, the demand for office space would be approximately 23.7 million square feet, which is lower […]
September 23, 2009 – 11:15 am
As the global slowdown pushed consumers to stay at home, retailers halted expansion plans and checked out of expensive high-street locations. Rental rates at high street locations across the world crashed, with the biggest crashes in Mumbai. Among the exceptions were Bangalore’s two iconic retail hubs, Brigade Road and Commercial Street, and Kolkata’s Camac Street. […]
September 21, 2009 – 4:47 pm
Dax Properties is setting up a 18-hole golf course-centric luxury retreat and township at Shadnagar near here which will entail investment of five hundred crore rupees. The golf course will be spread over 130 acres on a 300-acre site earmarked for the Golf Retreat project, according to Mr Masood, MD of the Bangalore-based Dax Properties, […]
August 13, 2009 – 1:56 pm
Affordable housing is the only solution for the middle income indians. Most of the people are in search of affordable homes in metros particularly in delhi/ ncr, bangalore, chennai and pune. According to the report by Knight Frank Research Households with an annual income between Rs 3 lakh and Rs 10 lakh in Mumbai, NCR, […]
PropertywalaSome years ago, real estate was not supposed to be an industry. During property dealing, a fear always came in mind of getting deceived. It was supposed to be the cup of tea for clever brokers and mediators. These days, Real estate has changed into a fair and transparent industry. Lots of choices and information […]
India Real Estate LinkThe national capital has become the most expensive city in the country for expatriates. Comparing with other metro cities, New Delhi is ahead of Mumbai, Bangalore and Chennai. However, all Indian cities have witnessed a decline in their rankings in terms of cost of living this year with New Delhi falling to […]
Real estate developers have got a new way of perking up the market. Unitech, DLF, HDIL, BPTP and other big realty giants are offering a 30-40% discount on ongoing projects. According to analysts such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with unsold stock […]
January 6, 2009 – 6:17 am
Delhi and its neighboring regions witnessed 24% vacancy in its mall space in 2008, the annual retail report issued by international real estate consultant Cushman & Wakefield has indicated. The mall rentals in Delhi also showed a proportionate decline in the range of 12-22%, the report said. Vacancy levels in Pune malls were also high […]
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Also tagged Consolation, Construction Delays, Cushman, Estate Consultant, Initial Projections, Kolkata, Mall Space, Ncr, Occupancy Levels, Retail Report, Retail Services, Retail Space, Shortfall, Slow Absorption, Vacancy Rates, Wakefield
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December 26, 2008 – 2:12 am
Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up […]
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Also tagged Chennai, Corridors, Home Loan, Homebuyers, Hyderabad, Interest Rate, Loan Package, Ncr, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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