Jones Lang LaSalle
India’s economic slowdown is reflected in the realty sector in the last few months. Asia’s third-largest economy is growing at its slowest pace in nine years and slow consumer expenditure has hit the retail market and the mushrooming malls. Real estate prices and construction costs are rising but the retail business is not growing enough [...] Continue Reading »
Foreign investors are funding Indian real estate market after the release of Press note 2 in 2005 which opened up construction and development for Foreign direct investment (FDI). Many investors who had invested at that time, largely in residential sector, are now heading towards maturity and are withdrawing their prime investments. According to a report [...] Continue Reading »
The dipping rupee value in the past few months has brought a lot of cheer to Non Resident Indians. The Indian real estate market has now turned sluggish and the depreciating rupee adds more power to NRIs dollars and leads them to acquire properties at cheaper rate. Anuj Puri, chairman & country head, Jones Lang [...] 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 »
The Bangalore real estate market has shown ample transactions in May, while vacancy rates plummeted due to stable demand amid limited fresh supply, according to a recent report by Jones Lang LaSalle (JLL) India. Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark 1 and Ericsson leasing in Umiya [...] Continue Reading »
Real estate index has been on a rise in three main cities of Southern India- Hyderabad, Bangalore and Chennai. Around 45% of commercial office spaces and 56% of mall spaces will be contributed by these main cities of South India between 2012-16. Also, in the residential sector, the cities accounted for one-third of the country’s [...] Continue Reading »
Real Estate in India needs better and capable human resources. Today, many students are choosing real estate as course of interest and to see if the industry is challenging. The recent industry report filed by leading real estate intelligence firm, Jones Lang Lasalle has debated whether career in real estate at present is apt or [...] Continue Reading »
Marathahalli and the surrounding areas has seen a quiet rise in realty market in recent times. The place can not be termed as a “village” (halli) anymore as it is filled with opportunities as per real estate point of view! There has been a boom in residential as well as commercial spaces in the area [...] Continue Reading »
A new round of worries are about to hover on Indian real estate sector! According to a report by Jones Lang LaSalle, private equity (PE) funds who had invested in Indian realty are going to make an exit by 2012. The total loss of investment would be around $3 billion to $5 billion. The main [...] Continue Reading »
The Indian Real Estate Transparency Index 2011 reveals Tamil Nadu as a second transparent state in maintaining real estate transactions. According to Jones Lang LaSalle report ranking was based on the factors of progressive business environment, market information, reforms in urban local bodies and also protection of property rights. This has proved a good work [...] Continue Reading »
