Cushman and Wakefield
The latest update from Cushman and Wakefield (C&W) reveals shocking data that maximum of leading property firms are holding up on launching new projects for sale. The news coming in is notwithstanding the fact that in September quarter the market is considered propitious for both seller and the buyer. It seems like that both developers [...] Continue Reading »
The slowdown in the real estate sector has hit the sector badly and the developers are now reducing the size of the units to keep the prices low. They are working on the architecture and cutting down on the number of balconies, using the optimum space for living rooms and reducing the wastage of space [...] Continue Reading »
With the new government promising stability at the centre, many companies in the IT, e-commerce, and consultancy sectors are making quick investments. They have begun to lease and buy office spaces expecting to cash in on a sudden economic boom. Property consultancy firms like Cushman & Wakefield, JLL, DTZ, CBRE, and Knight Frank have received [...] Continue Reading »
The sentiment in the real estate market for Telangana which was officially formed on June 2 is at an all-time high. The land prices have gone up and even though the number of transactions have come down, the prices have not. According to Veera Babu, office head of Cushman and Wakefield (a privately held prime [...] Continue Reading »
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »
In Q1 2013, a net absorption of 189,600 sq ft was recorded in Ahmedabad, whereas in Q1 2014, the city posted 607,500 sq ft absorption. The figures are quoted from a study by Cushman & Wakefield. The absorption was concentrated in of Gandhinagar (66 per cent), Prahladnagar (25 per cent) and Sarkhej-Gandhinagar Highway (10 per [...] Continue Reading »
Discounts and offers from real estate developers are common but during this Navaratra the real estate developers are offering huge discounts and flexi payment scheme to attract buyers. The reasons behind this response are that the real estate market is noticing oversupply. As per Cushman and Wakefield there was 12 percent decrease in new launches [...] Continue Reading »
The planned changes in foreign direct investment rules for the realty sector will be discussed by the cabinet this week. The new rules will help realtors to infuse more money into the sagging housing sector by lowering the minimum built-up requirements and minimum capitalisation. The minimum area requirement would be halved from 10 hectares to [...] Continue Reading »
With the expectation of a stable government at the Centre and the industry betting big on growth in jobs and, thus, increased investments, the realty sector in Chennai is set for growth. During a discussion on imminent market changes in Chennai, a hopeful lot of people from the industry were optimistic about the realty situation [...] Continue Reading »
The prices of residential properties in prime cities of India in the Jan-March 2013 quarter have witnessed an upward trend, shows National Housing Bank (NHB) residential index (Residex). NHB Residex records the movement in prices of residential properties on a quarterly basis. NHB Residex presently covers property price data of 20 cities on a quarterly [...] Continue Reading »
