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 it [...]
By rajani
|
Posted in Property News
|
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
|
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 [...]
By rajani
|
Posted in Property News
|
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
|
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 [...]
By rajani
|
Posted in Property News
|
Also tagged Bangalore, Chennai, Corridors, Home Loan, Homebuyers, Hyderabad, Interest Rate, Loan Package, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
|
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 [...]
By rajani
|
Posted in Property News
|
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
|
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 the [...]
By rajani
|
Posted in Property News
|
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
|
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 [...]
By rajani
|
Posted in Property News
|
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
|
With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008.
The June quarter saw office space demand lagging far behind the supply levels of 18.07 million sq. ft. across major cities, as companies [...]
By admin
|
Posted in Property News
|
Also tagged Central Business District, Chennai, Commercial Real Estate, Cushman, Cushman & Wakefield, Excess Supply, noida, Office Space, Rajiv Gandhi, Rental Values, Slowdown, Space Market, Wakefield
|
Real estate brokers have descended on the Commonwealth Games Village, to guide buyers through what is likely to become the toniest neighbourhood in the NCR, where flats command an average of Rs 14,000 per square foot.
The Village, which will host 8,000-odd athletes for the Games in 2010, has a residential corner being developed by the [...]
By rajani
|
Posted in Property News
|
Also tagged Akshardham Temple, Asian Games, Chanakyapuri, Commonwealth Games, Delhi Development Authority, Dwarka, Emaar MGF, Housing Developments, Multi Purpose Hall, Real Estate Brokers, Residential Apartments, South Delhi, Vasant Vihar
|
Landmark Group declared that it would invest approx four thousand crore rupees in developing twelve properties across the north India in the coming three to four years.
Mr. Amit Kumar, Director, Landmark Group, said,“Currently, our twelve projects are undergoing in the North, which will be completed in the next three to four years. We will be [...]
By rajani
|
Posted in Property News
|
Also tagged Accruals, Amit Kumar, Bawal, Budget Hotel, Dharuhera, Gurgaon, Hotel, Hotels, Landmark Group, North India, Own Resources, Participation, Private Equities, Private Equity
|
The transaction level has gone down drastically in various markets. It has resulted in price fall in realty market. This is also because residential capital values in some micro markets in the metros have shown a negative growth in the last 3 months. After tracking capital values in metros such as Mumbai, Chennai, Bangalore as [...]
By rajani
|
Posted in Property News
|
Also tagged Amp, Bangalore, Capital, Friends Colony, Gk, Gurgaon, Hauz Khas, Metro, noida, Prime Areas, Prithviraj, Pune, Realty Market
|
