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 of funds [...]
By Rajani
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Posted in Property News
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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 to [...]
By manish
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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 prices [...]
By Rajani
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Posted in Property News
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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 (a [...]
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 and [...]
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 [...]
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 to [...]
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.
