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 […]
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 […]
By
|
Posted in Property News
|
Also tagged Bangalore, Chennai, Commercial Leasing, Commercial property, Estate Consultant, Global Real Estate, Hyderabad, JLLM, Jones Lang Lasalle Meghraj, Kolkata, Ncr, Outsourcing to India, Prestige Estates, Pune, Tier 1
|
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
|
Posted in Property News
|
Also tagged Bangalore, Consolation, Construction Delays, Cushman, Estate Consultant, Initial Projections, Kolkata, Mall Space, Ncr, Occupancy Levels, Retail Report, Retail Services, Shortfall, Slow Absorption, Vacancy Rates, Wakefield
|
November 6, 2008 – 6:58 am
Parsvnath Developers Ltd, the New Delhi-based real estate developer, has postponed its retail forays due to the current economic slowdown. The company, according to a senior official, would further re-evaluate the market situation to continue the initial plan. Meanwhile, the company is close to finalize the SEZ stake sale to private equity investors. Pradeep Jain, […]
By
|
Posted in Property News
|
Also tagged 4 Months, Balance Sheet, Current Economic Slowdown, Dilution, Diversification, Expansion Plans, Food Joints, Foray, Forays, Hypermarkets, Initial Plan, International Partner, Market Situation, Parsvnath Developers Ltd, Private Equity Investors, Real Estate Developer, Retail Partner, Retail Plans, Retail Stores, Square Feet
|
August 22, 2008 – 6:15 am
IN the great malling of India, few developers are as well equipped to talk about retail success as Irfan Razack, the man behind Bangalore’s The Forum mall. Razack heads the Prestige Group, built The Forum in 2004 and while there may be bigger and glitzier malls across India, it continues to set the retail standard, […]
By
|
Posted in Property News
|
Also tagged Best Shopping, Consumer Boom, Consumer Confidence, Consumer Spending, Designer Brands, Food Courts, Irfan, Malling, Prestige Group, Property Developers, Ready Availability, Retail Market, Retail Success, Seven Cities, Shopping Centre, Shopping Malls, Star Treatment
|
City-based real estate developer PS Group is setting up an IT park in Sri Lanka with an investment of $80.4 million. The company has entered into a joint venture with Sri Lanka Institute of Technology and Infinity Parks Ltd, another city-based real estate company, to develop this project. Mr. Pradip Chopra, chairman and managing director […]
By
|
Posted in Property News
|
Also tagged Agricultural Land, Bank Ltd, Bengal, coimbatore, Hedge Fund, Indirect Employment, Institute Of Technology, Joint Venture, Joint Ventures, Ps Group, Pune, Real Estate Developer, Residential Project, Sampath Bank, Service Sector, Special Economic Zone, Sq Ft, Sri Lankan, Technology Park
|
Hyper City Retail, part of Mumbai-based K Raheja Corp, which also owns the Shoppers Stop chain of department stores, has called off plans to launch convenience formats, ExpressCity, announced last year. The retailer is instead shifting its growth plans to focus on the big box format and multi-channel retailing. Officials said it made better business […]
By
|
Posted in Property News
|
Also tagged Argos, Better Business, Business, Business Sense, Ceo, Department Stores, Internet Retailing, Jaipur, Malad, profit Margin, Property Developer, Property Development, Raheja, Reliance, Retail Business, Shoppers stop, Supply Chain Costs
|
