Realty capital value growth highest in Pune, Delhi-NCR
Hyderabad- Among the seven top metrocities, Delhi-NCR and Pune had the highest growth in the realty capital value during 2012.
According to Jones Lang Lasalle, the average growth in the capital value was between 1-3 percent.
The rate of capital value growth was slower in cites like Bangalore and Hyderabad and even the price correction has not been done. In the past, Chennai , Mumbai, Pune and Delhi-NCR have seen the highest absorption rate. When compared to the other cities, Delhi-NCR and Mumbai recorded a drop in year-on-year absorption.
As compared to 2011, the supply of retail mall slowed down in the top seven cities in India. The absorption of the total space has increased by 81 percent in Mumbai, Chennai, Bangalore and Delhi-NCR where as, it was 70 percent in 2011. The count of complete projects has also gone down during 2012.
‘Housing demand in Chennai remains stable’
Rental values rise in East Bangalore locality
Red Fort Capital to raise a fortune for Indian realty
absorption, completion project, Jones Lang LaSalle, Price correction, projects in India, real esatte, Real estate in India, realty capital value, retail mall
