Cushman & Wakefield
Mumbai-based Neptune Group and Lodha Developers are looking to Gammon India’s 185 acre land in Dombivli. They have also submitted their offers for the same. The plot is about 185 acre in size and was put on the block in mid 2013. It has been learnt from the sources that the offer of the Neptune [...] Continue Reading »
Alternative methods of providing a home to them need to be implemented in urban areas to provide housing to EWS (economically weaker section) and LIG (low income group) categories. Cushman & Wakefield and Credai conducted a study, Housing: The Game Changer, according to which, 62.45 million units need to be built to fill the demand [...] Continue Reading »
The commercial real estate in India was adversely affected due to economic slowdown and corporate downsizing their operations in 2013. High rentals, inappropriate design layout and an immense oversupply have added insult to injury. International property consultancy firm Regus saw this as an opportunity to innovate and introduced plug-and-play model. The clients get to use [...] Continue Reading »
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »
In the Jan-Mar 2013 quarter, Mumbai has witnessed a slow down in the property launches. If sources are to be believed, then it was less than the Oct-Dec 2012 quarter launches which may be due to festivals like Diwali. As per research firm Liases Foras, in the Oct-Dec 2012 quarter, all over India including Mumbai [...] Continue Reading »
Delhi-NCR: New Delhi stands in the second place among the most expensive office markets in Asia and fifth in the world, revealed a research report by real estate services firm Cushman & Wakefield. According to the list, New Delhi is in the second position in Asia Pacific following Hong Kong, after beating Tokyo as the [...] Continue Reading »
Hyderabad – The Union Budget 2013-14 has disappointed entire real estate industry by highly affecting the premium homes business in Hyderabad as it has increased service tax to 3.6 percent from erstwhile 3.09% for house worth Rs 1 crore or more (carpet area of 2,000 sq ft or more). According to the real estate developers [...] Continue Reading »
Delhi-NCR- In terms of commercial real estate, Delhi-NCR is expected to beat other places with mounting real estate rates compared to other prime commercial destinations. Connaught Place in New Delhi stands in the world’s fourth most expensive office location, revealed a recent report by Cushman & Wakefield, which ranks locations across 63 countries to compare [...] Continue Reading »
A good news for prospective buyers in Pune! With the piling up properties in Pune, there is a good number of options for buyers to choose from. These inventories which have been piling up for a while also give the buyers an opportunity to bargain and get lucky with their dream homes. Real estate in [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has announced reduction in short-term lending rate by 0.25 percent to 7.75 per cent. This move is expected to lead to reduction in interest rates for buyers and builders. RBI has also cut Cash Reserve Ratio (CRR) to 4 percent, releasing Rs 18,000 crore primary liquidity into the [...] Continue Reading »
