Cadbury House, the current headquarters of Cadbury India, is expected to be sold for Rs.450 Cr. The confectionery firm has already appointed Cushman & Wakefield for this. Cadbury India has informed that it will sell its headquarters Cadbury House. The sale deed is to be fixed for Rs.450 Cr. Cadbury House is located on Pedder Road area […]
By skgupta
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Posted in Property News
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Also tagged Cadbury House, Cadbury India, Cushman & Wakefield, Gautam Singhania, Headquarters of Cadbury India, Jll, JLL India, Kumar Mangalam Birla, Mondelez International, Mukesh Ambani, Ramesh Nair
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Jones Lang LaSalle reported that the foreign retailers are likely to extend their decision to set up stores in India, for one or two years. Jones Lang LaSalle India, in its quarterly report Asia Pacific Property Digest, stated that the foreign retailers are likely to extend their decision to enter India by starting up various […]
By skgupta
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Posted in Property News
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Also tagged Ashutosh Limaye, Asia Pacific Property Digest, Cbre, Fdi, FDI policy, foreign retailers, Indian entry of foreign retailers, Jll, JLL India, Jones Lang LaSalle India, Research and Real Estate Intelligence Service
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Oracle India Pvt Ltd has signed to lease 50000 sq. ft. office space in the Bandra Kurla Complex. MUMBAI: Signing the lease agreement, Oracle India has made it certain that they will be having a new headquarters. The IT major will lease over 50000 sq. ft. of office space.
By skgupta
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Posted in Property News
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Also tagged Bandra Kurla Complex, BKC, Cb Richard Ellis, Cbre, FIFC, First International Financial Centre, Godrej One, Jll, Jones Lang LaSalle India, Mumbai Real Estate, office space absorption, Oracle, Oracle India, Ramesh Nair
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Realty glitters in the diamond city. Real estate sector has witnessed a 100 per cent growth in the past two years, aided by a number of factors like vertical development, business opportunities and influx of people from other places. Om Ahuja, CEO-residential services, Jones Lang LaSalle (JLL) India, said, “In cities like Surat, the growth is directly related to […]
By skgupta
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Posted in Property News
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Also tagged CEO-residential services, Credai, diamond city, director of planning, Harshil Daliwala, Jivan Patel, Jll, Om Ahuja, Real Estate, SNS Builders, Surat, Surat Municipal Corporation, Tarun Rawal
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Buy or not to buy? Despite a profusion of analyses and research reports on housing prices and their future direction, home buyers remain as confused as ever. So it is little wonder that 37 lakh of flats remain vacant in Maharashtra, of which 4.79 lakh are in Mumbai. The Census Directorate data says that even Thane district has more than 5 lakh […]
By skgupta
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Posted in Property News
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Also tagged Budget, Census Directorate, DCR, development control rules, Home Buyers, Maharashtra, MD, Mumbai, Pankaj Kapoor, RBI, Reserve Bank Of India, Stamp Duty
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Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its commercial land near Connaught Place in […]
January 8, 2009 – 12:33 am
Malls are loosing brands to high street. Retailers grappling with issues of viability, visibility and branding are now quitting malls. Recent months have seen a gradual, but noticeable exodus of brands from malls to single-format stores on high street. This trend has added to the stagnant spaces in new malls, which have already been finding […]
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Also tagged Ahmedabad, Chennai Hyderabad, Cushman & Wakefield, Global Real Estate, Initial Bookings, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Rajneesh, Real Estate Solutions, Retail Destination, Retail Services, Services Director, Urban India
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December 9, 2008 – 12:51 am
Global real estate consultants and experts feel that the only real catalyst that could pep up the NRI spirit during this lean period is a significant price cut as it is the homecoming season for them. The price cut is expected to happen in the next three to four months. The fact that prices are […]
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Also tagged Attractive Opportunities, Bhavin Mehta, Economic Times, Global Real Estate, Investing In Property, Jones Lang Lasalle Meghraj, Luxurious Villas, NRI, Nri Investors, Real Estate Consultants, Residential Market, Retail Projects, Sub Prime Crisis, Tier II
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November 21, 2008 – 1:14 am
The Asia Pacific property market is witnessing major impact from global economic turmoil, with vacancy rates rising and office space leasing declining, according to global realty consultant Jones Lang LaSalle. “In Asia Pacific, the financial market turmoil is starting to significantly affect the occupancy market for major financial office centres. Net leasing activity has been […]
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Posted in Property News
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Also tagged Asia Pacific, Asian Markets, Cities In China, Contraction, Declines, Global Economic Turmoil, Jll, Landlord Tenant, Leasing Activity, Market Turmoil, Medium Term, North Africa, Office Occupancy, Pacific Realty, Power Play, Real Estate Fundamentals, Realty Market, Rental Increases, Rents, Tenant Power, Vacancy Rates
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October 30, 2008 – 7:25 am
With a slump in the Indian real estate sector due to excessive credit crunch and demand slowdown, home buyers can expect a further correction in real estate prices in the range of 15% to 20% in next six months. There are several factors working against the Indian real estate sector that can bring about such […]
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Posted in Property News
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Also tagged Bank Of India, Debt Market, DLF, Global Credit Crunch, Purse Strings, Real Estate Developers, Real Estate Investments, Real Estate Sector, Real Estate Slump, Reserve Bank Of India, Ticket Size
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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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Also tagged American Investors, Anuj Puri, Bad Debts, Bank Of America, Banking And Financial Services, Collapse, Commercial Real Estate, Commercial Space, Global Real Estate, Investment Banker, Jones Lang Lasalle Meghraj, Large Portion, Lehman Brothers, Market Crash, Merrill Lynch, New Avenues, Private Equity, Western Europe
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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 […]
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Posted in Property News
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Also tagged Chennai Hyderabad, City Bangalore, Delhi Ncr, Electronic City, Global Economic Slowdown, Gurgaon, IT and ITeS, Jones Lang Lasalle Meghraj, Kolkata, Office Space, Whitefield
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August 18, 2008 – 2:40 am
Most Indian developers have hit the brakes on fresh land acquisitions as a slide in the stock market, rise in interest rates and aggressive demands of the private equity investors have limited funding options. After five years of boom, real estate firms in India are grappling with tepid sales and cash crunches as inflated property […]
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Also tagged Advance Bookings, Aggression, Cash Crunches, Current Projects, Distant Locations, Distress Sales, Land Acquisitions, Land Parcels, Land Reserves, Metros, Private Equity Investors, Property Consultant, Reuters, Target Price
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Property prices in mumbai suburbs have started cooling down and by March 2009 the fall would be anything between 10% to 20% from now, real estate consultancy firm Jones Lang LaSalle Meghraj said. “There is no sign of propoerty prices coming down in the heart of Mumbai because of almost zero supply. But, beyond Borivali […]
The role of facility management is ensuring that everything is available and operating properly for property occupants to do their work. The facility manager generally has the influence upon the quality of life within a facility. In India, facility management saw its inception as a serious business in the early 1990s. Mr. Anuj Puri, chairman […]
Home sales in India might have turned slow but sales to NRIs is on boom continuously. According to Jones Lang LaSalle Meghraj (JLLM), residential sales to NRIs have tripled over the last half year, from 3% to 10% of the total business. Lodha Group senior Vice President R. Kartik said, “What would happen when one […]
Over the last two years, land prices have shown a northward trend. Now, it’s time now for a realty check. Record land auction at Mumbai’s Bandra-Kurla Complex– like the Rs 46,000 per square feet buy by Wadhwa Builders in November 2007 are passe. The last auction at BKC, by Jet Airways, has seen rates tumbling […]
The number of major global investors in the GCC property market is expected to more than double this year, according to research by Jones Lang LaSalle, a property consultancy. Until this year, few of the “global 100” property investors had ventured into the Gulf, despite a decade of strong growth in several countries.
