real estate budget
The government is coming up with new Bill with the forthcoming budget session in the parliament so that the real estate sector can be regulated with proper rules and regulations as commented by the Housing minister Ajay Maken. The Bill is introduced so that the real estate developers and investors can carry out a fair [...] Continue Reading »
The office space market in Bangalore seems to have taken a hit as office space absorption has been dropping by about 12 percent quarter-on-quarter. According to Jones Lang LaSalle (JLL) India, the first quarter witnessed growth due to companies like Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark [...] Continue Reading »
Realty sector in Bangalore is facing a tough time as IT industry demand goes down. The absorption rate of office spaces are dropping across India’s seven largest cities. Uncertain economic conditions coupled with the euro zone crisis leads to this situation in the Indian real estate sector. Demand from IT/ITES sector has dropped from the [...] Continue Reading »
