banking
India has been an attractive market for IT/ITES industry as it ensures handsome investment returns. The BFSI (Banking, Financial Services and Insurance) book of the dead game industry, manufacturing and other service sector also contribute to total office space absorption in India. As per Knight Frank Survey, the top six cities which will witness maximum office [...] Continue Reading »
The Delhi-NCR commercial realty market is currently driven by small office spaces measuring an area of 500-2000 sq ft. Reports show that there has been a gradual increase in the office spaces measuring about 10,000 sq ft in the last few years followed by a maximum demand for commercial properties measuring about 500-2000 sq ft. According to Rajat Gupta, Executive Director, [...] Continue Reading »
The service sector is expected to revive demand for office space with an estimated absorption of 28-30 million sq ft by the year-end. Jones Lang LaSalle India says that the service sector is likely to drive demand for commercial real estate. An 8.5 percent growth in the services sector in FY12 is an indicator that [...] Continue Reading »
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »
