demand for commercial property
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 »
The demand to buy or take on lease commercial establishments was running low in the beginning of the calendar year. However looks like that the good days for the commercial real estate sector are not far away. The inside story makes it clear that Global financial services firm Xander Group Inc. is buying Infinity Technology [...] Continue Reading »
Value home markets are now being pushed outside because of the recent civic infrastructure which allows pleasant travelling facilities and access to different locations at land rates that are low and affordable. Because of this, there has been a sudden increment of value homes in peripheral spots and locations. These houses are all below 30 [...] Continue Reading »
Rising property demand and improving economic environment are set to hike the rents across commercial real estate including office and retail segments over the next few quarters. Managing Director of RICS, South Asia, Sachin Sandhir said the market is showing positive signs. It’s the first time since 2011 that occupier demand has overtaken the availability. [...] Continue Reading »
Rapid urbanisation into Ahmedabad has pushed the demand for housing and commercial spaces in the city in the last few years. As traditional localities like SG Road, Bopal, Satellite etc have been saturated, new localities have emerged as realty destinations – Vatva and Narol-Aslali Road. Narol – Aslali vicinity is emerging as the fastest developing [...] Continue Reading »
The recent RICS Global Commercial Property Survey shows that the demand for office space in India has fallen in the April-June quarter of 2012. The report reflects the general growing concerns about the domestic economy, which has seen downward spiraling in growth predictions, as well as weakening global climate. The report states that demand from [...] Continue Reading »
According to a study of real estate research firm Jones Lang LaSalle India, the city is likely to absorb about 7.1 million sq ft of office space by 2011 against a supply of 7 million sq ft in this period. “A majority of the expected absorption is likely to take place in the secondary and [...] Continue Reading »
As the city spread and grew out of the central business district (CBD), many homeowners are renting out their residences to retailers as there is a huge demand for commercial property around residential areas. According to a survey, a mere 4-5 million sqft of ready retail space is currently available for retailers in the country. [...] Continue Reading »
