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Reputed schools influence real estate market

Reputed schools influence real estate market
Presence of reputed schools and educational institutions in an area alters the area’s realty growth. On the other hand, most of the schools are giving preference to admit students who reside within a 5 km radius. Parents choose to move into new houses or buy properties in the localities close to their kid’s school. Some [...] Continue Reading »

Mumbai witnessed the grand growth in retail rent

Mumbai witnessed the grand growth in retail rent
According to the report by Cushman & Wakefield, property consultant, Mumbai witnessed the highest rental growth globally. Colaba Causeway has seen a jump of 75 percent in the rental values in past one year. In the list of top 10 Global Highest Retail Rental Growth Markets 2012, Kolkata’s Park Street is in the 5th position [...] Continue Reading »

Investing in houses in metros gone out of reach for some

Investing in houses in metros gone out of reach for some
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »

Rental value for office space in Chennai remains constant

Rental value for office space in Chennai remains constant
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 »

Affordable housing options on rent in Dwarka Sector 14

Affordable housing options on rent in Dwarka Sector 14
Owing to the fact that the Delhi metro has catered to a number of positive factors, Dwarka, which is  one of the largest areas in Asia has witnessed an increased realty boom. Easy movement through the Delhi metro has led to the increased demand in the area especially the Sector 14 which has low budget rental [...] Continue Reading »

Rental values rise in East Bangalore locality

Rental values rise in East Bangalore locality
East Bangalore locality Kaggadasapura have seen rise in rental values in the last one year. The rise in rental values in Kaggadasapura have eclipsed the increase in capital values. While capital values shot up by 10-15 per cent in the area, the rental values witnessed an escalation of 15-20 per cent during past year. The [...] Continue Reading »

Bangalore witnesses rise in mall vacancies

Bangalore witnesses rise in mall vacancies
In the third quarter of 2012, Bangalore has witnessed a fresh supply of malls of about  3,60,000 sq ft. However, retailing activities remained slow. Bangalore has been witnessing a reduced rate in the leasing activities. There has also been a scarcity fresh retail space in both malls and main streets which has led to a situation [...] Continue Reading »

Frazer town witnesses real estate growth

Frazer town witnesses real estate growth
Frazer Town in Bangalore has witnessed 14 per cent realty growth in the last quarter. The rental values are a healthy Rs 17-18 per sq ft, which is even higher than localities such as CMH Road and Domlur which have rental values of Rs 13-14 per sq ft.  Frazer Town witnesses a growing demand for [...] Continue Reading »

Chennai office market boosted by diverse sectors

Chennai office market boosted by diverse sectors
Chennai office market has changed in nature as it has shifted from being absolutely IT/ITES dominated to more diversified occupier base. According to a survey by Knight Frank India, emergence of newer sectors have boosted the city’s office market.  Although IT/ITES sector continues to be affected by economic constraints, leasing levels should remain firm and [...] Continue Reading »

Raj Bhavan Road in Hyderabad witnessing rental growth

Raj Bhavan Road in Hyderabad witnessing rental growth
Raj Bhavan Road, where the residence of the Governor of Andhra Pradesh is located, is a a prominent political and commercial locality in Hyderabad. The area is home to many high-end malls like City Centre mall, GVK mall and Life style mall. Central Business District of Hyderabad, the locality witnessed an increase of 9 per [...] Continue Reading »



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