September 14, 2010 – 11:18 am
As the phase of recession is towards its end, an increase in demand of commercial real estate projects, including both office and retail space has been witnessed by firms and retailers. The executive director for development services at consultants Cushman and Wakefield India, Ravi Ahuja said that in many cities including Mumbai and Delhi-National Capital […]
Real Estate Intelligence Services (REIS) which is a division of Jones Lang LaSalle Meghraj released a report which said that stability in the commercial real estate market of India is observed with the economic recovery of India. According to the report, although in 2010, the landscape will be beneficial for tenants, but in 2011, influence […]
Since the demand of commercial real estate is increasing due to the increase in retail activity, Sheth Developers, a property firm tied up approximately half the space at its upcoming 1 million sq ft mall in India’s financial capital. Sheth developers are Mumbai based developers. They have lined up retailers Hypercity and Shopper’s Stop. Also […]
October 7, 2009 – 6:21 pm
The RBI is planning to hike interest rates marginally in the fourth quarter of this fiscal to give a signal to the market. “To give a signal that the government is concerned about inflationary pressures, there is a chance of a marginal hike in interest rates in the January-March 2010 quarter,” HDFC Chairman Deepak Parekh […]
September 28, 2009 – 2:02 pm
The Reserve Bank of India may step up its efforts to pre-empt another bubble in the local property market by increasing the cost of funds for the commercial real estate sector by up to 200 basis points. According to an RBI official, “We are looking at a hike in the risk weight to the commercial […]
January 9, 2009 – 1:46 am
Loans extended by banks to hotels and hospitals may no longer be treated as commercial real estate category. The Reserve Bank of India revised norms on real estate exposure where it included loans extended against security of future rent receivables from commercial real estate exposure. The revised norms will not immediately impact banks’ balance sheet. […]
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Also tagged Bank Loans, Bank Of India, Cash Flows, Commercial Loans, Economic Cycle, Fluctuations, Hospitals, Norms, Real Estate Sector, Reserve Bank Of India, Room Rents, Stimulus Package
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January 8, 2009 – 5:21 am
The slow down in the global economy has led to huge vacant office spaces. According to reports, empty offices in New York City, Chicago and Los Angeles have already exceeded 10%. And Mumbai, too, is following a similar path. “It’s the same story here, and it has to do with the global meltdown,’’ said a […]
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Also tagged Business Districts, Business Hub, City Chicago, Commercial Business District, Corporates, Enclave, Global Economy, Global Meltdown, Global Property, Industry Experts, Last Quarter, Lease Agreements, Office Space, Parel, Real Estate Values, Transaction Services, Urban Land Institute
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January 7, 2009 – 2:17 am
Jharkhand’s capital Ranchi emerges as the single city in eastern India that has an incredible mixture of metropolitan culture along with traditional touch. The city is on the way to meet all the criteria of a metropolitan city. Ranchi is a marvelous place with great strength to put itself on the way of growth. It […]
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Also tagged Capital Investors, Confederation, Credai, Eastern India, Five Star Hotels, Hotels And Motels, Industry Giants, Industry Leaders, Investors Capital, Jharkhand, Marvelous Place, Metropolitan City, Metropolitan Culture, Ranchi, Real Estate Developers, Real Estate Developers Association, Real Estate Sector
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October 20, 2008 – 6:00 am
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 […]
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Also tagged Anshuman, Cb Richard Ellis, Fallout, Global Economic Slowdown, New Delhi Office, Office, Office Leasing, Office Space Leasing, Prime Office Space, Real Estate Services, South Asia
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September 21, 2008 – 11:42 pm
Indian property prices, which had taken off jet appears to be losing altitude after bad debts because of their origin to the real estate reduced the U.S. financial market to its knees. Market-men see prices cooling and projects are blocked because of lack of funds cheap, but do not expect the market crash. The collection […]
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Also tagged American Investors, Anuj Puri, Bad Debts, Bank Of America, Banking And Financial Services, Collapse, Commercial Space, Global Real Estate, Investment Banker, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Large Portion, Lehman Brothers, Market Crash, Merrill Lynch, New Avenues, Private Equity, Western Europe
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September 10, 2008 – 3:20 am
With growing foreign investments in the country’s real estate market, long-term prospects of the sector look brighter, HDFC Chairman Deepak Parekh said. “Long-term prospects of commercial real estate market continue to be positive owing to growing opportunities in sectors like healthcare, hospitality, logistics and education,” Parekh told reporters in Mumbai. There is sufficient interest from […]
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Also tagged Deepak Parekh, Enormous Demand, Fence, Financial Instruments, Foreign Direct Investment, Foreign Investments, Foreign Investors, Housing Shortage, Interest Rates, Ipo Market, Logistics, Mumbai, Private Equity, Real Estate Sector, Real Estate Sectors, S Real Estate, Saturation, Segment, Term Prospects
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August 12, 2008 – 4:20 am
Falcon Realty Services Private Ltd., which has spent twenty years in the land buying and dealing sector in India, is making its first step into development, the company has reported. The firm is currently in the planning plans of eco-friendly developments, with the development of infrastructure and support focusing around industrial hubs, it said in […]
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Posted in Property News
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Also tagged Business Parks, Commercial Space, Epicenter, Falcon, Falcon Realty, Infrastructure, Master Planned Communities, Project Management Services, Retail Projects, Smart City, Special Economic Zone
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With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008. The June quarter saw office space demand lagging far behind the supply levels of 18.07 million sq. ft. across major cities, as […]
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Also tagged Central Business District, Chennai, Cushman, Cushman & Wakefield, Excess Supply, Ncr, noida, Office Space, Rajiv Gandhi, Rental Values, Slowdown, Space Market, Wakefield
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Indiabulls Real Estate said the Justice of High Court of the Isle of Man in England has sanctioned the proposal to acquire 100% shares of Dev Development Property (DPD). Finalization of the acquisition shall be competed by issue of fresh 13.8 crore shares of DPD and by canceling the old shares, it informed the stock […]
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Also tagged Court Permission, Dpd, England, Estate Developments, High Court Of Justice, India, Indiabulls, Investment Market, London stock exchange, Residential Complexes, Stock Exchanges, Tier 1
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February 14, 2008 – 2:02 am
In a recent development, a famous Non Resident Indian association has demanded to the Indian Government to bring in fast-track courts to facilitate quick disposal of their real estate disputes back home.Worldwide Group of People of Indian Origin (GOPIO), US based NRI organization further clarified that NRIs have substantial properties and investments in residential and […]
