Tag: Excess Supply

Demand Slow Down Strikes Office Space Market

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 […]

State for urban development minister hints at Model Act for real estate sector

Mumbai, Jan 30 Lower interest rates, land availability and creation of excess supply would be the solution to low-priced and reasonable housing, feel industry professionals. While discussing key challenges and prospects faced by the real estate sector at The FE Round Table Conference on the real estate sector titled Sustainable or Bubble? at The Hilton […]