Tag Archives: Jones Lang Lasalle Meghraj

Malls losing brands to high street

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 it [...]

Only significant price cut will work as a catalyst

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 falling [...]

Indian Realty Prices May Return

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 of funds [...]

Slowdown In IT And ITeS Office Space n Gurgaon and Noida

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 [...]

Realty Prices In Mumbai Suburbs Intends To Fall

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 (a [...]

NRIs Thinking Of Coming Back To India

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 loses [...]