Jones Lang LaSalle India
Lonavala, located between Mumbai and Pune and accessible through the expressway, has always been a popular weekend retreat among Mumbaikars. Now, real estate experts like Jones Lang LaSalle India and Cushman & Wakefield have predicted a huge real estate potential in future for Lonavala. Besides being a hill station, it enjoys excellent road and rail [...] Continue Reading »
Property consultancy firm Jones Lang LaSalle has reported that in order to attract home-buyers in Chennai, developers are planning several township projects with a host of amenities in the coming months. The existing scenario in Chennai real estate is going to change. The study states that the new ‘game-changers’ include generous landscaping, serene environment, schools [...] Continue Reading »
A recent report by Jones Lang LaSalle predicts that the residential market in Chennai is to undergo a transformation in coming months. So far there has been no scope for the growth of large-sized township projects within Chennai. Developers had been more content with building 12-30 units with limited amenities. The scene is changing with [...] Continue Reading »
Jones Lang LaSalle has released its half yearly review of Indian office real estate. The findings of the first half of 2012(1H12) data reveals quiet activity during the period compared to 1H11. In 1H12, the top seven cities of India together recorded a 35 per cent dip in office absorption compared to 1H11. The shrinkage [...] Continue Reading »
In a recent report, Jones Lang LaSalle India (JLL) suggested that as compared to some major cities like Mumbai, NCR, Bangalore, Pune and Chennai, cities like Ahmedabad and Kolkata have an advantage due to high proximity of affordable housing projects to city center. At 15-20 km Ahmedabad and Kolkata offer the closest proximity to central [...] Continue Reading »
According to a white paper issued by Jones Lang LaSalle India, a global real estate services firm, the Indian real estate has witnessed around Rs 14,720 crore of private equity (PE) investor walk outs in the last four years. 74% of the total exits were attributed to foreign funds, says the report. The average ticket [...] Continue Reading »
India has witnessed a rise in number of NRIs investing on properties. The dollar appreciation has given a further push to demand from NRI’s for investment in residential properties. With the real estate becoming cheaper for NRIs, many seek to invest in residential properties in two-tier cities such as Pune, notes Om Ahuja, CEO – [...] Continue Reading »
Confederation of Indian Industries (CII) is going to organize a conclave in Mumbai to discuss the issues which are affecting the real estate industry. Maharashtra Minister for Housing will inaugurate the Real Estate Conclave 2012 and Jones Lang LaSalle India chief and Country Head Anuj Puri will be the Chairman of the conference. The main [...] Continue Reading »
According to a recent amendment, now in case of a divorce, a woman gets to keep a share of immovable residential property rather than all immovable properties owned by the husband. Due to which, a woman can acquire only the residential immovable properties of her spouse. The main motto is that in case of a [...] Continue Reading »
The fluctuating realty market in Mumbai had pulled down the residential and commercial sales. However, now its time for generating the sales! By the second half of the year 2012, the residential property market will commence with its recovery. Real estate experts have predicted price fall of interest rates by th second half of the [...] Continue Reading »
