jll
With the new government promising stability at the centre, many companies in the IT, e-commerce, and consultancy sectors are making quick investments. They have begun to lease and buy office spaces expecting to cash in on a sudden economic boom. Property consultancy firms like Cushman & Wakefield, JLL, DTZ, CBRE, and Knight Frank have received [...] Continue Reading »
As per a report by Goldman Sachs, during the fourth quarter of 2013, the volume of residential units sold in Gurgaon and Mumbai has come down by 77 per cent and 45 per cent, respectively. However, by value sales in Bangalore went up six per cent year-on-year, while those in Gurgaon and Mumbai went down [...] Continue Reading »
Surat real estate market is on upward direction after an 18-month lull, as lots of demands for housing projects are being witnessed at Katargam and Varachh. A famous developer has earlier got very few buyers for flats in his scheme. But now the situation is going to change as the real estate market conditions are [...] Continue Reading »
Mr. Ramesh Saxena who is 29 year old IT professional has booked a flat in Noida Extension in 2009. He was promised he would get the possession in 3 years but his house is nowhere to be completed, therefore he is paying Rs 20,000 a month as rent in Vaishali. Mr. Saxena says that he [...] Continue Reading »
The auto components manufacturing conglomerate, Rane group, has appointed the international property consultants Jones Lang LaSalle (JLL) India as its advisor for the transactions. As per the press release the property on the 100 ft road is very well located for residential development. The built up residential space in the vicinity can fetch around Rs. [...] Continue Reading »
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
Despite the real estate market in small cities and towns witnessing a revival, developers are concerned as these areas had faced the maximum heat of economic slowdown. Astrum Homes was planning to develop mid-income housing projects in smaller cities in 2013. Now the company has extended its launches by 2015. The company was set up [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
