CBRE
A recent report by CBRE indicates that residential real estate market in Bangalore has emerged as an attractive investment proposition for investors. High net worth individuals (HNIs) are attracted by the city’s stable demand outlook and attractive pricing. This has been reflected in growing demand for homes upward of Rs 1.5 crore. The city has [...] Continue Reading »
Notwithstanding the prevailing negative sentiment, commercial real estate services firm CBRE says retail real estate market in India seems to be promising. In its survey titled ‘India Retail Market view’, CBRE states that leading brands and retailers are pursuing expansion plans aggressively across India. The survey mentions that leading brands are increasing their presence across [...] Continue Reading »
Real estate firms and property consultants today expressed disappointment over RBI’s decision to keep rates unchanged. There were no change in the rates in previous policy announcement and the real estate sector was expecting a rate cut this time around. Experts maintain that the sector urgently needs cut in interest rates to boost housing demand. [...] Continue Reading »
Although the real estate market remained sluggish, nearly seven million sq ft of office space were leased out during the April-June period, says a survey. Major cities like Delhi NCR, Mumbai and Bangalore have totalled over 75 per cent of the entire space absorbed during the three month period, according to a report by global [...] Continue Reading »
Global realty consultant CBRE on Thursday said absorption level of office spaces in India may come down by about 15 per cent to around 30 million square feet this year due to the current economic slowdown. In the case of large spaces, market is slower and this will lead to fall in office space absorption [...] Continue Reading »
