Property Consultants
International property consultants are introducing new business streams and realigning their focus areas in India to tap segments which are predicted to attract increased demand. CBRE Inc., a top commercial office space service provider headquartered in California, has strengthened its capital markets division in India. The capital markets team will largely arrange finance for developers [...] Continue Reading »
Jones Lang LaSalle, world’s second-largest property consultant, predicts growth in India’s property market is expected to fall to less than 5 per cent over the next 12 months. In an interview with Reuters, president and global chief executive officer of JLL stated that the market looks grim compared with an annual growth rate of 17 [...] Continue Reading »
As Salt Lake City in Kolkata witnesses growth in real estate sector, the property consultants and brokers seem to be smiling. They have cashed in on the rise in demand for property – both residential and commercial in and around Salt Lake. Most of the consultants recorded a year-on-year growth between 15-25 percent while few [...] Continue Reading »
In a report by Global Property Consultants CBRE South Asia, it is stated that the cost of the residential properties in India has witnessed a steady rise. But there is no increase in the demand curve for those properties across India. The cost of the properties has increased because of several hikes in interest rate [...] Continue Reading »
The industry status is what the property consultants are demanding in the upcoming realty budget! Tax exemption on home loans and incentives to promote affordable housing segment is all what the real estate players are demanding for! Also, the realty players want to create a demand for retail space in shopping malls for the Foreign [...] Continue Reading »
Knowing that there are rare chances of land prices going down, people are busing finding land in the outskirts of the cities. Similar is the scenario in Chitradurga! Wherein the farmers are being consulted for the sale of their lands. Also, one of the farmer from Challakere taluk say that his land is being visited [...] Continue Reading »
The Bandra-Kurla Complex (BKC) in Mumbai is being over populated with increasing residential constructions. The real estate experts, the property consultants Knight Frank India and the developers are questioning the need for expansion of residential structures in BKC. No wonder, very soon four luxury residential towers will be completing its construction phase, Piramal Sunteck will [...] Continue Reading »
Property buyers beware of the residential projects which avail discounts while buying a property. According to the recent survey of Jones Lang LaSalle India (JLL), the developers who have started luxury residential projects will soon be facing problems in delivering the projects. Due to hike in interest rates and high property prices there is a [...] Continue Reading »
In Mumbai residential property rates have been increasing midst leaving the properties in the city vacant. With the increasing rates the property buyers have now turned ignorant face in concern with purchasing the property and this has lead the builders and developers in great worries. Also the fact is that the developers do not want [...] Continue Reading »
The builder of Mumbai city had promised to provide best amenities to the flat owners in a Wadala Highrise and has never seem to be aiming up to fulfill the promises henceforth the builder is now asked to pay Rs 6.07 lakh. The Central Mumbai District Consumer Dispute Redressal Forum has ordered Green Developers and [...] Continue Reading »
