Tag: Cb Richard Ellis

Oracle India leases 50000 sq. ft. office space in BKC

Oracle India Pvt Ltd has signed to lease 50000 sq. ft. office space in the Bandra Kurla Complex. MUMBAI: Signing the lease agreement, Oracle India has made it certain that they will be having a new headquarters. The IT major will lease over 50000 sq. ft. of office space.

India is in Favorites’ list of Retailers

Photo by HelveticaFanaticAlthough countries like China and Britain are ahead in the race but India has still managed to acquire 39th position in the favorites list of retailers in the world. In 2008, the CB Richard Ellis (CBRE), a real estate consultancy conducted a survey in which India was ranked as the 44th preference of […]

Home loan interest cut won’t help flat buyers of mumbai

Home buyers looking for flats on the outer fringes of Mumbai and other cities like Nashik and Pune will benefit the most from the reduction in the interest rates by public sector banks on Monday. Public sector banks announced that home loans up to Rs 5 lakh would be given at a maximum interest rate […]

Rising demand for affordable homes

Property prices within the metropolitan areas of Delhi, Bombay, Hyderabad and Bangalore have seen massive growth in recent years and prices in some areas are considered to be excessive. But, outside this golden circle, in cities such as Mohali in the foothills of the Himalayas and in the boom town of Rudrapur, in neighbouring Uttar […]

Tight credit and small bonuses hit real estate

The giant cranes that once worked long into the Mumbai night are still, the roar of concrete mixers has dulled, and hundreds of migrant Realty hit workers have gone home. A slowing economy, high interest rates, tighter credit and a falling stock market have left developers in India’s financial hub scrambling for cash and delaying […]

Slowdown hits demand for prime office space in cities: CBRE

NEW DELHI: Office space absorption in the country has gone down by 41.11% cumulatively in the three quarters ended September this year, as a fallout of the global economic slowdown. The total office space take up between January and September this year stood at 5.3 million square feet as against 9 million square feet in […]

Switching To Tier II & Tier III Cities A Good Option For Real Estate

Union Finance Minister P Chidambaram has said the double digit inflation will continue for some more weeks. The Central Government as well as the Reserve Bank of India is not going to hesitate in taking more steps to control towering prices, if the need arises with the markets also reacting adversely to the two major […]