Tag: DTZ India

Office Space Absorption In Bangalore Plunges As IT-Demand Falls

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 […]

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RBI’s Rate Cut: Real Estate Sector Expect Rise in Property Demand

April 17, 2012 – 4:36 pm

Realty firms on Tuesday hailed the RBI’s decision to cut short-term lending rate saying the move would reduce the cost of funds to home buyers as well as developers and boost property demand. “Reserve Bank’s decision to cut the repo rate by 50 basis points and abolish pre-payment penalties is a good move for home […]

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