rental appreciation
Bangalore – Bangalore has recorded the highest mall supply in India in 2012, according to reports by commercial property consultants & real estate services, Cushman & Wakefield. Vittal Mallya Road which witnessed 58 percent appreciation in rental values and touched Rs 325 per sq ft is in the lead followed by Colaba Causeway in south [...] Continue Reading »
According to property consultancy firm Jones Lang LaSalle India (JLL), consolidated absorption of office space in the past six quarters has caused appreciation of rental growth across the country. Majority of gross rental appreciation during the period from Q4, 2010 to Q1, 2012 was witnessed in tier-I cities including Bangalore, Mumbai, Delhi and Gurgaon. Chennai, [...] Continue Reading »
