Cushman & Wakefield
The IT Capital Bangalore outperformed the national capital Delhi as well as the commercial capital Mumbai and gave property buyers the best capital value appreciation. Bangalore is the corporate head quarter of many IT and ITeS majors and since the earnings of these companies are in dollars, they outperform many players who are confined to [...] Continue Reading »
The data published by property consultancy firm Cushman & Wakefield brought some cheer to the real estate market in Bangalore. The real estate market in Bangalore attracted the maximum private equity (PE) investment in the country in the first half of 2014. The IT Capital Bangalore outperformed the national capital Delhi as well as the [...] Continue Reading »
Bangalore witnessed no new mall supply during first half (H1) of 2014. This has been attributed primarily to the delay in approvals, which led to the deferment of upcoming supply as stated by Cushman & Wakefield in its latest retail reports. Meanwhile, the city’s mall vacancy level registered a dip of 0.4 percentage point and [...] Continue Reading »
The real estate market in Bangalore attracted the maximum private equity (PE) investment in the country in the first half of 2014, beating the national capital Delhi as well as the commercial capital Mumbai, according to property consultancy firm Cushman & Wakefield. Led by high demand for office spaces as well as steady demand for [...] Continue Reading »
A city that was once hailed as the country’s prime shopping destination which introduced the concepts of modern retailing like heterogeneous product mix, air-conditioned ambiance and attractive price points is now struggling to fill up the empty space in its malls all over the city. Of the top eight retail hot spots in the country, [...] Continue Reading »
The popular theory of the economics states that if the demand for any item goes up, then the prices are corrected and normalised. Going by that theory, one would imagine that the office rents would go down with a strong bounce back in demand for space from the corporates. However Sanjay Dutt the executive managing director [...] Continue Reading »
There is a positive activity in the commercial real estate and plush office spaces are selling like hot cakes among the corporates who are planning expansion in their workforce and businesses in India. However the story in the retail and consumer durables sector does not seem to be the same. Overall mall vacancy levels across [...] Continue Reading »
India is laying the groundwork in order to make the real estate investment trusts tax-exempt and allow them to trade on the public exchanges, a move that may help unlock as much as $20 billion of listings. Regulations on taxation will be also be amended, finance minister Arun Jaitley said on 10 July, and the [...] Continue Reading »
RBI (Reserve Bank of India) has decided to cut the statutory liquidity ratio (SLR). This move was welcomed by the real estate developers and property consultants as this would enable the banks to lend more to the industry, including the cash-starved realty sector. However in order to boost the housing sales, the developers demanded easing [...] Continue Reading »
Post elections there is a Modinomics wave and there is a sudden pickup in demand for offices and commercial projects. Builders are rushing to complete the delayed commercial projects to cater to a sudden surge in demands. Since there is a stable government at the Centre, several funds are planning to invest in India. It [...] Continue Reading »
