A recent report by Global Property Consultants CBRE South Asia, India Residential Market View – 2011 states that while the residential markets across NCR and Mumbai witnessed steady escalation in prices during the revival period from 2009 to first half of 2011 (as high as 40-50% in certain micro-markets), the latter half of the year brought in […]
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million). Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield and appreciation portfolio (RYAP) fund will be […]
By skgupta
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Posted in Property News
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Also tagged AIF, Alternate Investment Fund, Anand Rathi Financial Services, Bangalore, Chennai, Knight Frank India, Mumbai, National Capital Region, Pune, RYAP, Second Realty Fund
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Sahara Group, ICICI Bank, Bhushan Steel, Bharti Realty, Red Fort Capital and Shri Lal Mahal are understood to be in the race among others to acquire Parsvnath Developers’ 1.18 acre of prime commercial land near Connaught Place in the National Capital. In January, Parsvnath had announced plans to monetise the KG Marg land, which it had bought […]
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. […]
By skgupta
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Posted in Property News
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Also tagged Bangalore, Chennai, Commercial Space, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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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 […]
The prices are not moving up in metros for more than a year now and the buyers including investors are staying away from making a purchase decision, so brokers are in a fix currently. An Industry watcher said that the Real Estate Developers are facing a cash crunch in the NCR and Mumbai Metropolitan Region […]
September 14, 2010 – 11:18 am
As the phase of recession is towards its end, an increase in demand of commercial real estate projects, including both office and retail space has been witnessed by firms and retailers. The executive director for development services at consultants Cushman and Wakefield India, Ravi Ahuja said that in many cities including Mumbai and Delhi-National Capital […]
September 5, 2010 – 10:07 am
A high-end flat was leased for a rental value of Rs 1.2 lakh per month. This apartment is built in the peripheral location of Gurgaon on an area of 4,200 sq ft. The apartment has been taken on lease by a big corporate for their senior executive. The average rental value for these flats has […]
HDFC, one of the leading home-loans lenders has observed that the prices of residential realty which were hitting the peak levels are now undergoing pre-slowdown. Deepak Parekh, the Chairman of HDFC said that there is an improvement in the economic condition and therefore, developers have started charging premiums. Due to the land prices touching sky, […]
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Also tagged active markets, bangalore suburb, Developers, Downfall, economic condition, Home Loans, India, Lenders, noida, peak levels, premiums, Price Hike, Real Estate prices, Residential Real Estate, Residential Realty, sky, Slowdown
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Godrej Properties are entering NCR with their first residential project in Gurgaon. The project will be developed in partnership with Frontier Home Developers on an area of 1.05 million sq. ft. on nine acres of land. Pirojsha Godrej, the Director of Godrej Properties Ltd. said on Wednesday that GPL is now operating in 11 cities […]
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Also tagged frontier home, Godrej Properties, growth corridor, Gurgaon, home developers, indira gandhi international airport, Landmarks, metro station, open areas, partnership, Residential Project
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After the locations called Raj Nagar Extension, Mayur Vihar Extension, now its Noida’s turn to stretch itself and the name given to this stretch is Noida Extension. There are large numbers of upcoming projects here located adjacent to Noida’s Sector 121. These face the Noida-Greater Noida Link Road. It is expected that within next three […]
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, Knight Frank, localities, Malls, Mumbai, occupancy rate, Pune, Real Estate Consultants, Residential Property, shop space, Slowdown, sushil
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April 12, 2010 – 11:32 am
March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1 cities of Mumbai, NCR, Bangalore and Chennai, a new group of companies is, for the first time, considering off shoring in these […]
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Also tagged Bangalore, Chennai, Commercial Leasing, Commercial property, Estate Consultant, Global Real Estate, Hyderabad, JLLM, Jones Lang Lasalle Meghraj, Kolkata, Outsourcing to India, Prestige Estates, Pune, Retail Space, Tier 1
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According to a recently conducted survey, it has been found that over 34% of the people who are interested in purchasing property across the country wish to own a home in NCR-Delhi. The survey revealed the fact that NCR/ Delhi has got the highest priority in 2010 for real estate investment, i.e. the most preferred […]
March 27, 2010 – 10:55 am
March 26, 2010 Towards the end of 2009, remarkable appreciation in values has been observed by the residential markets across big cities of India. Report by Wakefield and Cushman informed that in the two key residential markets in India, Mumbai and NCR, this trend is most prominent. In these areas, as compared to the same […]
September 26, 2009 – 1:54 pm
Mumbai is expected to see the highest demand for residential space of approximately 16.40 lakh units due to the large scale urbanization. The mid-scale and affordable housing in suburban and peripheral areas will be the focus of this demand. However, the demand for office space would be approximately 23.7 million square feet, which is lower […]
August 22, 2009 – 1:57 pm
TDI is planning to invest one thousand crore rupees to build low-priced homes in NCR in the next three years. TDI managing director Kamal Taneja said, “The demand for homes is coming back slowly”. TDI recently launched 350 residential units in Kundli and asserts to have sold all these in just a month. The company […]
August 14, 2009 – 5:43 pm
The trend of Delhi/ NCR shows a huge fall in commercial real estate rentals. It is well known that companies are moving their offices from gurgaon to other areas of NCR because of the high rental costs there. Most of the commercial areas in delhi are offering fully furnished office spaces at much lower cost. […]
August 13, 2009 – 1:56 pm
Affordable housing is the only solution for the middle income indians. Most of the people are in search of affordable homes in metros particularly in delhi/ ncr, bangalore, chennai and pune. According to the report by Knight Frank Research Households with an annual income between Rs 3 lakh and Rs 10 lakh in Mumbai, NCR, […]
January 8, 2009 – 12:33 am
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 […]
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Also tagged Ahmedabad, Chennai Hyderabad, Cushman & Wakefield, Global Real Estate, Initial Bookings, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Kolkata, Rajneesh, Real Estate Solutions, Retail Destination, Retail Services, Services Director, Urban India
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January 6, 2009 – 6:17 am
Delhi and its neighboring regions witnessed 24% vacancy in its mall space in 2008, the annual retail report issued by international real estate consultant Cushman & Wakefield has indicated. The mall rentals in Delhi also showed a proportionate decline in the range of 12-22%, the report said. Vacancy levels in Pune malls were also high […]
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Also tagged Bangalore, Consolation, Construction Delays, Cushman, Estate Consultant, Initial Projections, Kolkata, Mall Space, Occupancy Levels, Retail Report, Retail Services, Retail Space, Shortfall, Slow Absorption, Vacancy Rates, Wakefield
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December 26, 2008 – 2:12 am
Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up […]
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Also tagged Bangalore, Chennai, Corridors, Home Loan, Homebuyers, Hyderabad, Interest Rate, Loan Package, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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November 19, 2008 – 7:09 am
TDI Infrastructure Limited (TDIL), one of India’s leading real estate developers, today launched a special scheme for the customers who wish to invest in its lifestyle apartments – ‘Kingsbury Terraces’. This one of its kind scheme will enable the prospective buyers to own the lavish apartment settings for just Rs. 9 lacs whereas the rest […]
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Also tagged Balconies, Billiards Room, Elevations, Emi, Greenery, Gymnasium, High Rise Apartments, Kamal, King Size, Lacs, Leading Real Estate, Living Space, Managing Director, Pool Billiards, Prospective Buyers, Real Estate Developers, Spacious Bed Rooms, Swimming Pool, Taneja, Terraces
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October 2, 2008 – 11:40 pm
New housing project launches in the national capital region (NCR) slumped by 20% during January-June 2008. This is explained by the slowdown in demand due to appreciation in real estate prices and rising interest rates for borrowers. The first half of this year also saw a marked shift in developers’ strategy towards mid-income houses, as […]
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Also tagged Absorption, Borrowers, Cagr, Developers, Estate Projects, Housing Project, Housing Units, Income Housing, National Capital Region, Property Consultancy Firm, Real Estate prices, Residential Supply, Resistance, Rising Interest Rates, Segment, Slowdown, Slower Pace
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September 18, 2008 – 12:10 am
The crisis in the US financial market will hit the Indian real estate sector hard. The sector was already reeling under tremendous pressure as RBI increased the interest rates to contain inflation, besides restricting the fund flow in it. Consultants said that in the present circumstances the real estate prices will go for a sharp […]
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Also tagged Banking Sector, Estate Space, Expansion Plan, Financial Crisis, Global Economy, Global Majors, Global Market, Google, High Interest Rates, High Net Worth Individuals, Indian Banks, Investment Banks, Medium Term, Mother Countries, Private Equity Funds, Real Estate Sector, Senior Consultant
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