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Bangalore witnesses 46% fall in office space absorption

Bangalore witnesses 46% fall in office space absorption
The first two quarters of the ongoing year 2012 have seen  21%  decrease in office space absorption across key metro cities in India. The office space absorption in this year being 13.4 million square fee while it was 16.9 million square feet at the same period in 2011. According to the latest Cushman & Wakefield [...] Continue Reading »

Investors buy key commercial spaces to rent them out

Investors buy key commercial spaces to rent them out
Wealthy investors are buying key commercial lands and renting it out to earn a fixed rate of interest. There is constant demand for such prime business spaces and builders get high income by renting them out. Wealth managers are of the opinion that rich investors are booking important business spaces or buying out pre-leased commercial [...] Continue Reading »

Punjab realty to be down till Assembly elections

Punjab realty to be down till Assembly elections
Punjab realty is going to witness a downward demand for time being till the Assembly elections next month. The elections are going to start on January 30. The residential complexes will be the one to get more impacted by the upcoming elections. The houses are already getting delayed because of late approvals. There has already [...] Continue Reading »

Metros sparkle in the list of unsold flats!

Metros sparkle in the list of unsold flats!
Metro cities has seen a slow down in demand in the residential realty sector in the recent times. This is due to the fact that there has been a lot of hike in property prices and rise in interest rates. According to a report, Delhi-NCR has topped the list of unsold flats at 102,758 units, [...] Continue Reading »

Pune in top spot of realty market

Pune in top spot of realty market
Many buyers and investors favour Pune compared to other major cities in case of real estate sector. The main reason is due to hike in property prices, rigid government procedure and less demand in other cities. According to a report presented by Liases and Foras, a real estate research firm, there has been a negative [...] Continue Reading »



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