In the coming years, the housing shortage will be more in India, reported Knight Frank. Realty consultant firm added that the supply of houses will be shorter than the number of homes demanded. In the years to come, India will be facing acute and severe housing shortage, warns Knight Frank. In the opinion of the […]
January 28, 2013 – 7:27 pm
Being an important IT- Hub, Bangalore always depends on the IT and ITeS sectors for its growth and development. Facing weak demand from these sectors, Bangalore now witnesses lower office space absorption. There has never been a doubt for anyone about the close relation of Bangalore with the IT and ITeS sectors. This is comparatively […]
The real estate consultants Knight Frank India said that apart from some localities of Delhi and Mumbai, the retail rentals in other locations will be sluggish for next two years. Although the number of malls and shop space has tremendously increased, the retail still lags behind commercial and residential property. “Although the outlook looks interesting, […]
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Also tagged Bangalore, caution, chief executive, growth strategies, India, localities, Malls, Mumbai, Ncr, occupancy rate, Pune, Real Estate Consultants, Residential Property, shop space, Slowdown, sushil
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October 17, 2008 – 1:55 am
Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich. His company, V Raheja Design Construction launched […]
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Also tagged Bangalore, Buena Vista, Commercial Projects, Design Construction, Estate Entrepreneur, Family Business, Information Technology Park, Jw Marriott Hotel, Mumbai, Property Consultancy, Raheja Builders, Regional Director, Residential Project, Whitefield
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September 17, 2008 – 6:48 am
Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. The collapse of financial powerhouses like Lehman Brothers and the consequent liquidity problems will stop the inflow of fresh investments into India’s real estate sector. According to analysts, the crisis, which comes at […]
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Also tagged Collapse, Diwali, Global Financial Turmoil, Hefty Discounts, India, Inflow, Investments, Lehman Brothers, Liquidity Problems, Powerhouses, Pranay, Real Estate, Real Estate prices, Real Estate Sector, Slump, Vakil
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A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small realty firms have been forced to put at least half a dozen hotel projects on the block. A developer has put on the block a 200-room hotel project […]
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Also tagged Akshay, Cushman And Wakefield, Foreign Hotel, Glamorous Hotel, Hospitality Business, Hospitality Sector, Hotel Business, Hotel Chains, Hotel Project, Hotel Projects, Hotel Room Rates, Management Contract, Payback Period, Rajeev Menon, Realty Cos, Realty Firms
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Four hotel chains have submitted bids for a plot to build a five-star hotel in Navi Mumbai, at a time when land prices have dipped in Mumbai and surrounding areas. Indian Hotels Co. Ltd, which owns the Taj group of hotels, Sun-n-Sand Group of Hotels, Leela Palaces, Hotels and Resorts and Metropolis Hotel have submitted […]
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Also tagged Cidco, Developer, Five Star Hotel, Hotel, Hotel Chains, Land Auctions, Landowner, Maharashtra, Palm Beach, Property Auction, Taj Group Of Hotel
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February 22, 2008 – 1:08 am
Person owning flats in Mumbai are taken as privileged one. The owner-tenant divide is almost as pronounced as the rich-poor divide. Mr. Shishir Baijal, managing director of Kshitij, the realty fund of Future Group, earns a big amount, but still he is a tenant. He has no home of his own. He stays in 3500 […]
