Cushman & Wakefield
International property consultant, Cushman & Wakefield said that owing to the acceptance of Foreign Direct Investment (FDI) bill in multi-brand retail, India will witness increase in shopping and commercial centers. Executive Managing Director, South Asia, C&W, Sanjay Dutt said that said this move will benefit the real estate, retail sector and end consumers for a [...] Continue Reading »
Real estate consultancy firm Cushman & Wakefield reports that the top eight cities in India are expected to see a demand for about 180 million sq ft of commercial office space in the next five years. Based on announced projects and the current pace of construction, total expected supply in these five years is 219.6 [...] Continue Reading »
Real estate consultancy firm Cushman & Wakefield have reported that the total new demand for residential dwellings during 2012–16 will be 11.8 million units across India. Of the total demand, top 8 cities will account for 18 per cent or 2.1 million units across categories. NCR is projected to witness the highest demand of 381,000 [...] Continue Reading »
Property advisory firm Cushman & Wakefield says that private equity investments in the Indian real estate sector have seen a drop of 15 per cent in the first three quarters of calendar year 2012, compared to a year ago. FY2012 has so far witnessed investments of around Rs 3,500 crore across residential and commercial property [...] Continue Reading »
Mumbai has topped the office space absorption across cities in Q3 of calendar 2012. Real estate consultancy Cushman & Wakefield reported that the total office space off-take was 2.23 million sqft (msf) in Q3, which has increased by more than 50 per cent over the previous quarter. Chennai was second with 1.32 msf in office [...] Continue Reading »
Real estate consultants Cushman & Wakefield, in its report entitled ‘Indian Hospitality Story 2012 & Beyond’ has mentioned that the top six cities of the country will witness around 50,000 hotel rooms added over the next five years. The report evaluates the hospitality sector situation in the metros of Mumbai, Delhi, Kolkata, Bangalore, Chennai, and [...] Continue Reading »
According to Cushman & Wakefield, Hyderabad is expected to witness a 48 per cent increase in demand for office space compared to last year. The demand for commercial office space in the city is expected to increase moderately from the next year onwards as the economic conditions improve 2.38 million sq ft of office space [...] Continue Reading »
After the Cushman & Wakefield report on national retail real estate market observing a deferment of more than 30 percent of retail mall space against the projected supply for the first half (H1) of 2012, there are speculations about the backdrop of the situation. The National Capital Region (NCR) has seen the highest mall supply [...] Continue Reading »
Even though the realty sector of India is witnessing a slowdown, Ahmedabad real estate seems to bag 50,000 new residential units in the mid-segment category in next two years. Commercial space absorption rate has outdone the pre-recession levels in the city. This market overview of Ahmedabad was released by one of the leading real estate [...] Continue Reading »
A real estate consultancy report highlights that while commercial rentals in one-time high streets like SG Highway and CG Road in Ahmedabad saw a marginal increase of 4 to 6 per cent, for Prahaladnagar and Law Garden it jumped to over 20 per cent on year-to-year basis. The focus seems to be moving away from [...] Continue Reading »
