Commercial real estate
This year, the gross domestic product (GDP) growth rate of India has seen a down fall. It is expected that the reforms implemented by the government recently will help improve the real estate market next year. Over the past two years, the city has witnessed ample launches, which resulted in significant unsold inventory spread across [...] Continue Reading »
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
Delhi NCR is not only rising in residential projects but it has emerged as a hot property place for IT and IT-enabled services industry with many large companies setting up their businesses here. Noida and Gurgaon are becoming the hot and preferred destination for companies like IT’s, BPO, BTO and KPO services in various domains [...] Continue Reading »
The Bangalore based real estate developer, Prestige Group is planning to spread out their real estate business in 2013. A higher official of Prestige group believes that there are many areas in Bangalore which are fast approaching saturation because of infrastructural constraints. One can expect improvement and increased development in selected areas in Bangalore including townships in [...] Continue Reading »
New Delhi- With major fluctuations in the Indian realty market over the past few years, experts expect that the year 2013 will create a developing uproar in the sector. The key reason would be government’s positive approach towards the revolutions and moderation pertaining the interest rates. The year 2013 will see the Land Acquisition and the Real [...] Continue Reading »
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »
Kohinoor Group has launched a high rise mixed use development project, Kohinoor Square which is spread across 4.8 acres and strategically located at Dadar. The project will be operational by December 2013. The project is well connected to Dadar railway station and is also very close to western and eastern expressways. The project is also [...] Continue Reading »
Airoli, which is located far from the hustle and bustle of city, is now developing as one of the business districts of Navi Mumbai. Even lands are available at an affordable rate at this area which results in high demand for the commercial space which has boost up the real estate market in the area. [...] Continue Reading »
