Saket
Over the last two years, in Mumbai, values of land, which are used for development of residential projects, have appreciated by almost 35.2 percent mainly due to change in norms and increase in property prices, a recent survey said. Knight Frank conducted a survey of 13 top Asian cities on the parameters of values of [...] Continue Reading »
Knight Frank Asia Pacific has introduced the market’s first-ever Prime Asia Development Land Index which obtains the cost of prime residential and commercial development land in 13 major cities across Asia that consists of cities like NCR, Bengaluru and Mumbai in India. Key Takeaways Mumbai Modification in development rules coupled with increase in prime residential [...] Continue Reading »
Investment in the real estate sector has decreased due to the political uncertainties, elections and due to changes in the regulatory framework. As Mumbai continues to suffer the most, the 2014 situation of National Capital Region (NCR) of Delhi and Bengaluru is still better, comparatively. In 2013, investments in land witnessed 61 per cent decrease [...] Continue Reading »
DLF is coming up with Prime Towers in south Delhi in Okhla, with a target to bring in a new classification to the commercial-cum-retail space in the capital. The completely air-conditioned and vast eight storey commercial space of area approximately 1.95 hectares, is suitable for investors, retail brands, MNCs and bank. The main tower is [...] Continue Reading »
New Delhi- Now commuters from South Delhi to Gurgaon and Faridabad need not fret about the traffic as the Delhi Government has decided to come up with a construction of a four-lane road stretching from Mehrauli-Gurgaon Road to Gurgaon-Faridabad road. This project is funded by the urban development ministry with Rs. 597- crore. The road will measure [...] Continue Reading »
Commercial rent trends in the first quarter of 2012 have been idle with rates almost constant, except in some places in major cities of India where there has been a growth. Commercial rents in Lajpat Nagar and Greater Kailash in Delhi have been hopeful as they are preferred choices for commercial renting due to connectivity [...] Continue Reading »
Ashok Bagga, President of Greater Kailash RWA at a large gathering at south Delhi RWAs on Wednesday said that: “The RWA is participating in the movement on part of the posh colonies like Defense Colony, Chittaranjan Park, Saket, Alaknanada and nearly hundreds of RWAs had filed objections for the proposal by the discom to raise [...] Continue Reading »
