Office space
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
Pimpri Chinchwad Municipal Corporation’s (PCMC) upcoming large townships have all the unique facilities at affordable price. The new integrated townships are coming up in and around Pune which comprises of office space, recreation facilities and retail shops reduce the commuting time and travelling charges. Areas such as Hadapsar is offering a growth in both commercial [...] Continue Reading »
Mumbai- Fire brigade officials have said that a fire broke out in Nariman Point area. They said that the incident happened in the office of the Mittal Towers on the fifth floor but they could find the reason for the fire. The fire was brought under control with the help of four fire engines and [...] Continue Reading »
Bangalore- Bangalore’s emerging real estate areas, Hebbal and K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank’s report. In the next five years, the two areas would witness an average price appreciation of 94% and 91% respectively, states an investment advisory and research report put out by [...] Continue Reading »
The real estate in Pune has shown signs of balance. According to a survey done by Jones Lang LeSalle (JLL), it was found that in last one month, leasing office space in Pune has been stable and there were no new supply of office spaces. Even the rents and capital value remained the same. Surprisingly, [...] Continue Reading »
Bangalore- Bangalore developers are offering Corporate Cluster Housing (CCH) options in the city. This housing project will have corporate homes and different other facilities of an office and residential atmosphere all combined in a secured group housing model. The CCHs basically means several houses with common networking areas all within same compound at a best [...] Continue Reading »
Chennai’s office market is stable and there is no increase to the last year’s activity levels. This commercial market is especially driven by the demand from ITES or IT comapanies. According to property consultant, vacancy level is decreasing and there is an inch rise in the rental values in selected areas. According to the range from 8-11 [...] Continue Reading »
Hyderabad-In a recent developmental report in the city of Hyderabad, project developer L&T has decided to develop in six million square feet in the next 5-6 years. The project will include shopping malls, multiplexes, office space and retail chains spread over 18.5 million square feet. The project planning has been done in order to make the [...] Continue Reading »
Office space demand has increased in Noida recently. The demand for small space in the category of 500-2000 sq ft has witnessed the highest demand. However, the supply of these units have been limited, leading to rise in rental values in the last six months. Supply of office units is limited in sectors 18, 124, [...] Continue Reading »
Mumbai’s real estate market has been going through a dim phase. According to property consultant CBRE’s latest report on office space, vacancy levels in Mumbai’s extended business district Lower Parel have risen to an estimated 46-48 per cent as demand supply gap continued to widen in April-June. Data shows that around 1.1 million sq ft [...] Continue Reading »
