JLL India
Indians investment is 5.8 bn dollars in U.S. real estate which gradually increased to 6 per cent when compared to last year. Why Indians showing interest to buy properties in U.S.? For the past one year ended up to March 2014 it is estimating that 5.8 million dollars had invested in residential properties in United [...] Continue Reading »
From the views of property consultants apartment rents in cities such as South Delhi, South Mumbai and Gurgaon undergoes a great fall from 20% to 30% when compared to last year survey. What would be reason for this drop down? From property broker’s view, for the past two year’s commercial office and job market space [...] Continue Reading »
A 500 crore housing project is likely to come up in Pune. Puravankara Projects has entered into a joint venture in Pune to make this project a reality. The project will be developed in an area of 30 acres and Rs 500 crore is likely to be spent, as per the initial estimates. Joint Venture The [...] Continue Reading »
The latest update from Cushman and Wakefield (C&W) reveals shocking data that maximum of leading property firms are holding up on launching new projects for sale. The news coming in is notwithstanding the fact that in September quarter the market is considered propitious for both seller and the buyer. It seems like that both developers [...] Continue Reading »
The MD, Corporate Finance of JLL India, Ambar Maheshwari has been roped in for a real estate fund raising project of Indiabulls AMC Ltd. with the aim of raising an estimated amount of Rs.1000 crore. JLL India which is the newest entrant in the Mutual Fund Industry has been roped in by the India Bulls [...] Continue Reading »
Southern developer Nitesh Estates, which built India’s first Ritz Carlton hotel, has bought Israeli billionaire Mordechai Zisser’s 1-million-sq-ft Plaza Centre Mall in Pune for Rs 300 crore, according to at least three sources aware of the matter. Zisser’s diversified conglomerate Elbit Imaging Group, through its subsidiary Plaza Centers, operates a global portfolio of 37 retail [...] Continue Reading »
For the last 2 years, the festive season did not see a surge in demand in the residential real estate sector. However this year there is some cheer in this field and the property consultants are speculating that the property discounts will get real this festival season, after a gap of about two years. Mobile phones [...] Continue Reading »
A global consumer confidence index study by Nielsen has placed India on top globally, after a jump of seven points during the second quarter of 2014. India’s win in the Lord’s test match also established India’s supremacy over England. Nielsen, a global information and insights provider, mentioned in the study that India was ranked second in [...] Continue Reading »
RBI (Reserve Bank of India) has decided to cut the statutory liquidity ratio (SLR). This move was welcomed by the real estate developers and property consultants as this would enable the banks to lend more to the industry, including the cash-starved realty sector. However in order to boost the housing sales, the developers demanded easing [...] Continue Reading »
The Confederation of Indian Industry (CII) and JLL India have recently released a five-year price analysis of residential real estate market across 11 cities. The CII and JLL India report, released on Friday, showed that the residential markets which have witnessed the highest percentage of home price increase in India – during the years from [...] Continue Reading »
