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 Bangalore, Chennai, 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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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 […]
Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms. As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that […]
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Posted in Property News
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Also tagged Commercial Banks, Commercial Projects, Commercial realty, commercial sector, Exposure Limit, Ledgers, Multiplexes, Office Spaces, Oversupply, PNB, Punjab National Bank, Real Estate Firms, Residential Sector
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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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Posted in Property News
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Also tagged Bangalore, BPTP ltd, Brigade Group, Commercial Complexes, JLLM, Jones Lang Lasalle Meghraj, Mulund, noida, Office Space, Residential Complexes, Retail Area, Space Developments
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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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Posted in Property News
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Also tagged American Investors, Anuj Puri, Bad Debts, Bank Of America, Banking And Financial Services, Collapse, Commercial Real Estate, 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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August 27, 2008 – 2:58 am
Housing Development and Infrastructure Ltd (HDIL), India’s third largest developer by market value, plans to raise Rs1,000 crore within a year to buy land and relocate 80,000 slum families for the Mumbai airport modernization project. The project will entail the country’s single largest rehabilitation exercise, even bigger than the Dharavi project, which will relocate 55,000 […]
By admin
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Posted in Property News
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Also tagged Business Structure, Commercial Projects, Finance Firm, Gvk, Hdil, Housing Development, Infrastructure Ltd, Kochi, Kurla, Modernization Project, Mumbai Airport, Premier Automobiles, Rehabilitation Exercise, Slum
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August 26, 2008 – 4:56 am
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode. The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore. […]
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Also tagged Ambitious Project, Bangalore, Cinema Multiplex, Commercial Complexes, Commercial Establishments, Expansion Mode, Expansion Plans, Hospitality Business, Hospitality Sector, Nagpur, Real Estate Sector, Residential Flats, Residential Projects, Screen Cinema, Tree Hotel
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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 […]
By admin
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Posted in Property News
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Also tagged Business Parks, Commercial Real Estate, Epicenter, Falcon, Falcon Realty, Infrastructure, Master Planned Communities, Project Management Services, Retail Projects, Smart City, Special Economic Zone
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Essar Realty Holdings—the real estate arm of the Essar Group—has won the bid for building a Rs 500-crore five-star hotel, utility centre and a multiplex at the upcoming Multimodal International Hub Airport in Nagpur. The realty firm has also formed a joint venture with the US-based hospitality group Accor Hospitality to develop and manage the […]
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Also tagged Air Cargo Hub, Cargo India, Cargo Traffic, Conventional Hall, Essar Group, Hospitality Group, Hotel Project, Hub Airport, International Hub, Lakh Tonnes, Nagpur Airport, Nodal Agency, Raheja Group, Realties, Realty business, Realty Firm, Service Apartment, Subsidiary Company
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Asia’s leading business space solutions provider Ascendas has emerged a front-runner for acquiring a 6.18 acre plot in Chennai for developing commercial space. The land at Nandambakkam, near Chennai Trade Centre, belongs to Sravanna Properties, a subsidiary of a TVS group, managed by brothers Venu Srinivasan (CMD of TVS Motors) and Gopal Srinivasan (CMD of […]
Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in […]
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Also tagged Capital Partner, Global Property, Indore, Investment, Investment Officer, Lifestyle, Market, Mumbai, Panvel, Price, Private Equity, Property Consultant, Real Estate Developer, Sport
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