Commercial real estate
Research firm, Prabhudas Lilladher, has come out with its report on Mumbai real estate. According to the report, sales continue to witness slowdown in Mumbai and dip in commercial real estate has led to sharp decline in lease registrations. Sales registrations slipped below the 5000 mark for second consecutive month highlighting slackness prior to the [...] Continue Reading »
Real estate firm Kumar Urban Development announced that it will invest Rs 250 core to construct shopping complexes in Pune. The plan involves developing 6-7 shopping complexes in Pune which would consist of 450 shops. According to the management sources, the construction would start soon and be completed in the following 18 months. The Pune-based [...] Continue Reading »
While reports pointed out an increase in office rentals, a study by real estate consultancy Jones Lang LaSalle (JLL) shows that there has been a 35 per cent dip in office space absorption in seven major cities, as of June 30, 2012. The report states that the supply fell by 52 per cent during the [...] Continue Reading »
As real estate sector in India faces a dip, domestic lenders with major retail loan are keeping an intense look at the situation. While the hub of realty sector, Mumbai, is going through a slump, the lenders are concentrating on the new emerging markets – Pune, Bhopal, Indore, Surat, Nagpur and Ahmedabad. LIC Housing Finance, [...] Continue Reading »
Indian realty market witnessed nosedive in the April-June quarter of 2012. Sales volume and absorption rates were low in the residential sector. High inventory and slow execution of projects, were the major concerns. The commercial real estate market experienced low office space absorption and a slight drop in rentals in the metros. Experts feel that [...] Continue Reading »
Realtors of India are pretty sure that the housing prices will not fall in the near future even after the economy’s downfall. It is a fact that due to the delay by the state government there is pressure on the developers but such delays affect the cost for developers. According to a research made by [...] Continue Reading »
Real estate in Bangalore city is nothing but a roller-coaster ride! On one end the sale of apartments in Bangalore is decreasing and on the other end demand for luxury housing in increasing. In simple words, today’s Bangalore realty is un-predictable! It’s no more Koramangala, Jayanagar and Indiranagar areas which are witnessing real estate growth. Surprisingly, the Bangalore [...] Continue Reading »
The buying and leasing transactions in the commercial real estate market in India remained slow for the first quarter ended on March 31 of the calendar year 2012. This reduction is due to the weak domestic macroeconomic indicators and cautious sentiments among Indian corporates and financial institutions. The companies also hold their buying decision as [...] Continue Reading »
The Infrastructure Development Finance Company Ltd (IDFC) has planned to invest at commercial real estate. The financial service firm set up a separate investment team who will look for proper investing options. According to an official if IDFC, they are aiming to make 3-4 major investments in coming year. Last year IDFC invested into projects [...] Continue Reading »
The tech parks and the IT parks in the outer ring road (ORR) are generating a huge demand with the growth of real estate sector. It is so clear that the growing IT sector is demanding huge office spaces! This scenario has developed micro real estate market growth in places like; Kanakapura Road, Electronic City, [...] Continue Reading »
