Tag Archives: Global Economic Slowdown

Realtors shift focus to budget housing

November 14, 2008 – 3:43 am

Declining sales, high interest rates, paucity of funds and global economic slowdown have badly impacted the real estate sector which is witnessing not only sudden slump in demand but also is at the receiving end in the stock market.
Freebies in the shape of luxury sedans, offers of foreign trips, 15%-20% discount or deferred payments have [...]

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Slowdown hits demand for prime office space in cities: CBRE

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 the [...]

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Slowdown In IT And ITeS Office Space n Gurgaon and Noida

August 21, 2008 – 5:14 am

Economic slowdown in the US is expected to temper demand for IT and ITeS office space in Gurgaon and Noida during the second half of 2008, a global realty consultant has said in its report.
In its latest report for second quarter 2008, Jones Lang LaSalle Meghraj said that though Indian office markets have continued to [...]

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