JLL India
According to global realty consultancy Jones Lang Lasalle latest research report ‘Offices 2020,in Mumbai, About 15,000 acres of land will be available for redevelopment which in turn will increase the potential accessibility of quality new supply in the city, Mapping The Future Of The Mumbai Office Market. It added, in Mumbai grade an office supply [...] Continue Reading »
India’s realty sector is projecting that a strong Govt at the Centre will give it the much-required push, via some significant initiatives and regulations to help the sector gather momentum for potential growth. Noting that significant reforms by the Centre Govt can help attract investments to the realty sector, Anuj Puri – JLL India’s Chairman [...] Continue Reading »
Whilst the India’s first double-decker flyover— Santa Cruz-Chembur Link Road (SCLR) — has started providing much-needed east-west connectivity, experts suggest that around the stretch the real estate market is most likely to go up, which is being seen as a good sign. There has already been a jump of close to 25 per cent in [...] Continue Reading »
Discounts and offers from real estate developers are common but during this Navaratra the real estate developers are offering huge discounts and flexi payment scheme to attract buyers. The reasons behind this response are that the real estate market is noticing oversupply. As per Cushman and Wakefield there was 12 percent decrease in new launches [...] Continue Reading »
In north Bangalore, interest in real estate peaked with the setting up of the international airport in 2008. The as yet mainly unfamiliar region boasted sizeable tracts of land at considerably lower prices, which helped in the growth of commercial space in this region. Connectivity by the Outer Ring Road (ORR), the Hebbal flyover and [...] Continue Reading »
Mr. C. Shekhar Reddy, President Credai-National, says that the real estate sector has been witnessing high input costs, high cost of funds and a moderate demand over the last few months. The real estate sector has been neglected and requires immediate concern to develop confidence. Mr. Anuj Puri, Chairman and Country Head, JLL India, says [...] Continue Reading »
Jones Lang LaSalle, a Global real estate services firm, raised Rs 161 crore. The fund is focused on residential sector in India — Residential Opportunities Fund I – and is a six-year, close-ended private equity fund. It will invest Rs. 25-30 crore and target 25-30% returns, informed a senior executive. The fund will be will [...] Continue Reading »
