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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Posted in Property News
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Also tagged Business Districts, Business Hub, City Chicago, Commercial Business District, Commercial Real Estate, Corporates, Enclave, Global Economy, Global Property, Industry Experts, Last Quarter, Lease Agreements, Office Space, Parel, Real Estate Values, Transaction Services, Urban Land Institute
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January 2, 2009 – 7:37 am
With an aim of reversing the slowdown, Urban Development Minister Jaipal Reddy has sought an additional package for the real estate sector. In a letter to the Prime Minister, Reddy has stated that “more needs to be done to reverse the slowdown facing the sector”. Suggesting a slew of measures, Reddy has submitted a note […]
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Posted in Property News
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Also tagged Development Minister, Economic Growth, Employment Generation, Home Loan Interest, Home Loan Interest Rates, Jaipal Reddy, Liquidity, Loan Interest Rates, Rationalization, Real Estate Sector, Short Term Loans, Slowdown, Urban Development
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November 10, 2008 – 12:13 am
The global meltdown is likely to affect infrastructure projects in the city and in the region, sooner than expected. Several infrastructure projects in the state undertaken by the government, its corporations and civic bodies are likely to suffer due to the economic slowdown. The ones, which may be directly affected are the Built Operate and […]
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Posted in Property News
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Also tagged Bot Projects, City Infrastructure, Civic Bodies, Construction Firms, Economic Slowdown, Government Sector, Hcc, Infrastructure Projects, Last Date, Madan, Metro Rail, Ongoing Projects, Rail Corridors, Red Flag, Selling Plots, Transport Project, Water Transport, Western Suburbs, Worli
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November 1, 2008 – 12:17 am
Another blow of the global meltdown has been felt by the already bleeding realty estate industry. Non-Resident Indians (NRIs) are avoiding coming home this year and not investing in property, something that brokers look forward to every year. NRIs from across Punjab prefer investing in residential properties in and around Chandigarh, Jalandhar, Amritsar, Patiala and […]
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Posted in Property News
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Also tagged Blow, Indians, Investing In Property, Investment, Jalandhar, Nri Sabha, Patiala, Property Brokers, Real Estate, Residential Properties, Sectors
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