Tag Archives: Jones Lang Lasalle

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 [...]

Real Estate Firms Delay Plans

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 [...]

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 [...]

Real Estate Now Supports Facility Management Also

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 [...]

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 [...]

Realty Deals Get Buried In Pan-India Landslide

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 [...]

Property market to go global

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.