Commercial property market
The demand to buy or take on lease commercial establishments was running low in the beginning of the calendar year. However looks like that the good days for the commercial real estate sector are not far away. The inside story makes it clear that Global financial services firm Xander Group Inc. is buying Infinity Technology [...] Continue Reading »
Rising property demand and improving economic environment are set to hike the rents across commercial real estate including office and retail segments over the next few quarters. Managing Director of RICS, South Asia, Sachin Sandhir said the market is showing positive signs. It’s the first time since 2011 that occupier demand has overtaken the availability. [...] Continue Reading »
After Modi’s sweeping election victory, real estate experts predict a revival of the property market. A stable government at the center will improve investor sentiment and increase the demand for both housing and office spaces, as the aspect of pleasing the coalition partners disappears. Expectations are high after Modi’s win, mostly owing to his past [...] Continue Reading »
The commercial property markets in India is showing indications of a slight turnaround with investments and rentals moving up in first quarter of this financial year. Developers for their part are gearing to tap the commercial property market with faster completion ratio and refurbishing existing properties in India. According to the RICS India Commercial Property [...] Continue Reading »
It is found that there are no takers for nearly 1.1 million sq ft, or 11 lakh sq ft of ready office space in Mumbai’s commercial property market. The high vacancy in turn, has put pressure on commercial rental rates. In uncertain economic conditions companies are staying away from leasing space, which leads to the [...] Continue Reading »
The pressure of inflation, higher rate of interest and economic slowdown has led to the downward trend in demands of real estate properties in Ahmedabad. As a outcome of the sluggish demand, the builders across the city are struggling to manage the liquidity crunch. It is observed in the realty market in Ahmedabad, that the [...] Continue Reading »
Now with the fall in realty sales the builders have lost faith in commercial property market. The major reason is the drop down in residential realty sales. However, according to the latest RICS India Commercial Property Survey now the investment demands of the realty sector has cooled down when compared to previous few quarters. Due [...] Continue Reading »
