Tag: Jones Lang LaSalle India

Foreign retailers to Extend India Entry, JLL

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 […]

Oracle India leases 50000 sq. ft. office space in BKC

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.

Mumbai Buyers’ Demand for Golf-centric Projects Rises

Golf courses are one of the main amenities which the buyers are looking for in Mumbai. There are many upcoming golf courses in Mumbai. Yet, compared to other cities, there are only lower numbers of golf courses in Mumbai.

Top-end housing segment turns hotter after Budget 2013

As an impact of budget 2013, the prices for top-end housing segment will shoot up. In the opinion of the experts the top-end housing segment will be hit harder by the budget. Though the budget was considered to be a real estate friendly one, it did not turn up in that way. As against the […]

For the NRI the Weak Rupee Makes Real Estate Investments Cheaper

Rupee has been depreciating and has positively influenced the demand from NRIs for residential properties in various cities across India, especially in Mumbai. The rupee has been touching new lows every day. Even today, the rupee touched 54.82 per dollar in early trades. Exporters and the NRIs are two categories which stand to gain from the weak […]

Private Equity Likes Real Estate Investing in Pune

According to Sameer Gholve, Manager of Capital Markets at Jones Lang LaSalle India, Pune has been favoured destination amongst Real Estate PE funds since 2005 – the year FDI opened for real estate. Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to […]

RBI Rate Cut: Boon for Affordable Housing Investors

The recent move by the Reserve Bank of India (RBI) in its annual Credit Policy has given some hope for investors in the affordable housing segment. This is being seen as a positive development for the overall property market. While investors remain cautious and wait for banks to announce the lowering of interest rates, realtors are optimistic […]

Bangalore: All about Office….Office.

While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]

JLL: Residential real estate market is set to appreciate in 6 months.

Jones Lang LaSalle India, a global research firm in the real estate sector, says that prices of residential units in India in the next six months should witness marginal appreciation. JLL says: “Over 60% of residential launches in the Top 7 cities (mostly in cities other than the NCR and Mumbai) are priced in the range of Rs […]

Realty PE Deal Volume Rises in Q1 and Big Deals are missing.

Private equity deals are alive and kicking in Indian real estate space even though headline numbers do not reflect the same due to the absence of big ticket investments. The total number of PE deals during the first quarter of CY 2012 has hit a three-year high, according to VCCEdge, the financial research platform of […]

Bangalore Real Estate Sector may see 25 per cent growth.

The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent, estimates the Karnataka Chapter of the Consortium of Real Estate Developers’ Associations of India. Sushil Mantri, president, CREDAI Karnataka said “We are expecting the […]

Chennai Realtors expect Better home loans and tax cuts from the Union Government.

Expectation of the Chennai Realtors is that the Union government should increase the income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year which is 1.5 lakh at present which will help to boost the real estate market. The Confederation of Real Estate Developers’ Associations of India […]

Real Estate is one of the Most Profitable Investments.

Market study says, prices of residential real estate have increased in the last one year and is going to be the same in coming future which means buying flats close to commercial areas will help the investors to get good return due to the high rental income. Executive director of KDP Infrastructure, Tanuj Goel said: […]