Jones Lang LaSalle
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 »
Gurgaon and Noida realtors this navaratri are concentrating on clearing inventories, moving with their independent strategies. Noida realtors are doling out freebies and discounts to rap up inventories on the other hand Gurgaon developers to expedite sales, are doing every possible effort to meet their project completion deadlines. Some well-known Gurgaon-based players taking up the [...] Continue Reading »
A report by property consultant Jones Lang LaSalle throws light on the matter. According to the report, the elderly population is expected to grow to 173 million by 2025 and senior citizens are now being looked at as a potential real estate market. The report explains a lot of senior citizens are independent, financially stable, [...] 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 »
As per the sources the Xander group is to invest nearly Rs 375 crore in a township project of Mumbai-based realty company Keystone Realtors Pvt. Ltd. Kapstone Constructions Pvt. Ltd is a wing of Keystone Realtors is currently developing the Rustomjee Urbania project which is 127 acre in Thane near Mumbai. The project is under [...] Continue Reading »
The real estate companies are transferring funds from housing and other projects towards election campaign contributions. As compared to other sectors the developers are depending on connection with the government to acquire land or win contracts. If the developers support the campaign of the winning party the return is huge for the developers. Mr. Santhosh [...] 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 »
With the promise of paying rent, two Mumbai-based builders are promoting some of their under-construction residential properties named as Nirmal Lifestyle and Rustomjee.If the construction of its project is delayed beyond December 2017, Nirmal Lifestyle promises to pay the rent while Rustomjee will pay the rent during the construction period. Such promises were so far [...] Continue Reading »
Through a newly formed category named as alternative investment funds (AIF), HDFC Mutual Fund plans to raise up to Rs1,500 crore for real estate. The asset management company will raise the money through a new division that is expected to be called HDFC AIF, according to two persons who are familiar with the matter. An [...] Continue Reading »
