CBRE
As India embraces urbanisation and confidently walks the talk of development, the new government’s next step should be to introduce stringent measures in favour of the use of green technology in the construction and realty space, say experts. CBRE South Asia Chairman and Managing Director, Anshuman Magazine says the construction and property markets are set [...] Continue Reading »
The hoteliers say that the luxury and upscale hotels are finding it difficult to earn money from the global chains like the Marriott, Hilton, InterContinental, Starwood and Accor. Therefore, the luxury hotels are focusing to shift towards the mid market brands. More than 80 percent hotels are coming up in the mid-market category involve less [...] Continue Reading »
Some reasons that are working in favour of Bangalore north are , development plans such as the IT and aerospace parks by the government, Better connectivity to the city as well as to the airport, availability of land, signal-free roads, well-developed social infrastructure, proximity to IT/ITeS parks, industrial belts etc. Om Ahuja, CEO of Residential [...] Continue Reading »
The interim budget disappointed realty developers and did not provide any relief to the sector. The developers, however, are hoping for an indirect would boost to the housing demand through the steps being taken to push growth in other industries such as automobile. Confederation of Real Estate Developers’ Association of India (CREDAI) Chairman, Mr. Lalit [...] Continue Reading »
Bangalore has always been an attractive destination for occupiers, but now, with its landlocked area, competitive rentals and infrastructure initiatives, the Peripheral Business Districts (PBDs) of Outer Ring Road (ORR) and Whitefield have been performing well and garnering some serious interests. More recently, north-east and north Bangalore have also come into prominence. Good connectivity and [...] Continue Reading »
Delhi-NCR: New Delhi stands in the second place among the most expensive office markets in Asia and fifth in the world, revealed a research report by real estate services firm Cushman & Wakefield. According to the list, New Delhi is in the second position in Asia Pacific following Hong Kong, after beating Tokyo as the [...] Continue Reading »
Bangalore- Many real estate-focused fund managers are coming up with their own ventures and are developing clear fundraising strategies to convince the investors. Bani Banerjee, former executive director and chief investment officer of TCG Real Estate, who has recently set up an advisory and asset management company, India Global Inc. Pvt. Ltd., said that not [...] 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 »
Investors are gradually taking more interest in property developments in Navi Mumbai and Thane. Property consultant CBRE states that the investor’s interest is high in these areas as proposed projects of international airport and other infrastructural developments are coming up. The ever escalating prices in Mumbai and its suburbs is another reason behind the growing [...] Continue Reading »
Mumbai’s real estate market has been going through a dim phase. According to property consultant CBRE’s latest report on office space, vacancy levels in Mumbai’s extended business district Lower Parel have risen to an estimated 46-48 per cent as demand supply gap continued to widen in April-June. Data shows that around 1.1 million sq ft [...] Continue Reading »
