capital values
In Jaipur, Jagatpura is an upcoming real estate activity hub. Its proximity to the airport and its accessibility is the primary attractive asset. Its connectivity with the commercial and residential hubs of the main city also works in its favour. With a host of hotel projects and residential projects under development, Jagatpura has been witnessing [...] Continue Reading »
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector. Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance [...] Continue Reading »
Property consultants Jones Lang LaSalle reported that the demand for residential units in and around Chennai has remained stable in the third quarter of current year. Around 5,600 units have been absorbed in the quarter when compared to some 5,550 units in April-June 2012 quarter. The growth corridors like OMR and GST have continued to remain [...] Continue Reading »
With the Kingfisher Tower setting capital values benchmark of Rs. 30,000 per sq ft in the super luxury segment, Bangalore’s luxury residential market has witnessed a drastic change, said Jones Lang LaSalle India. According to JLL report, the residential property capital values have increased by 25% from mid-2009. At present, the absorption of residential spaces [...] Continue Reading »
Jones Lang LaSalle India states that Bangalore’s luxury residential market has seen a major transformation in the recent past. With the Kingfisher Tower setting new capital values benchmark of Rs 30,000 per sq.ft in the super luxury category, residential property capital values in Bangalore have increased by around 25% since the dip in mid-2009. There [...] Continue Reading »
East Coast Road (ECR) is fast becoming a top residential locality of Chennai. The property values have crossed the mark of Rs 11,000 per sq ft at prime locations near beach and are still on the rise. The expansion of IT/ITeS sector is the main fuel in the real estate growth. Revival of demand for [...] Continue Reading »
The data shared by Cushman & Wakefield (C&W) shows that the capital values of residential property in Ahmedabad has been slower than anticipated. Even the posh areas in the city — Satellite, Vastrapur, SG Highway, and Prahlad Nagar — have grown at an mediocre seven per cent in the last 12 months ending June 2012. [...] Continue Reading »
West Hyderabad has become one of the fastest growing areas in the city in terms of IT development, increase in capital values and infrastructure growth. The areas like Madhapur, Kukatpally, Miyapur, Banchupally have generated robust demand due to the presence of IT professionals, good connectivity and IT parks nearby. Apart from these areas, Banjara Hills, [...] Continue Reading »
