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C&W: Multi-nationals buying office space in India rather than leasing it

C&W: Multi-nationals buying office space in India rather than leasing it
In a recent report, property consultant Cushman & Wakefield (C&W) has revealed that, in the last three years or so, a total investment of approximately Rs. 2,500 crore has been made by multi-national firms to purchase office space in India rather than lease it. According to C&W, the apparent reason behind the decision of an [...] Continue Reading »

Leasing of office space to start from 2015

Leasing of office space to start from 2015
Property consultant, CBRE stated that the leasing activity for official purposes is being expected to see any rise until next year however the sentiments of people involved in the real estate sector is seeing improvement. However the market representatives hope that by the start of next year the prospect in this market will improve in [...] Continue Reading »

Pvt equity inflow in realty sector up 13% to Rs 7K cr

Pvt equity inflow in realty sector up 13% to Rs 7K cr
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »

Interim budget makes realtors unhappy

Interim budget makes realtors unhappy
The interim budget disappointed realty developers and did not provide any relief to the sector. The developers, however, are hoping for an indirect would boost to the housing demand through the steps being taken to push growth in other industries such as automobile. Confederation of Real Estate Developers’ Association of India (CREDAI) Chairman, Mr. Lalit [...] Continue Reading »

Improvement in residential sales but dropdown in Q2 revenues

Improvement in residential sales but dropdown in Q2 revenues
 According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »

Residential realty sees more launches this year: JLL

Residential realty sees more launches this year: JLL
Bangalore- Real estate in India has witnessed more residential project launches in 2012 than in the last year despite slow sales and reduced growth in prices, reveals a new study. Real estate companies launched more residential units between January and September 2012, than in the same period last year, while still struggling with sales and [...] Continue Reading »

Higher education increases real estate demand

Higher education increases real estate demand
According to a report submitted by DTZ, a property consultant, by 2020 the higher education sector will create real estate demand of around 900 million sq ft. This is to maintain the current gross pupil enrollment ratio of 12 per cent. However, with the current pace, it is not possible to achieve the target before 2036. Gross [...] Continue Reading »



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