January 15, 2013 – 6:26 pm
New home launches in major cities of India have dropped by 16%. Tracking the top eight cities of India, global property consultant Cushman & Wakefield reports. In 2012 nearly 1,62,000 housing units were launched in top 8 cities of India including Mumbai, Hyderabad, Bangalore, Delhi, Chennai, Kolkata, Pune, and Ahmedabad. 2012’s new home launches are […]
Property consultants offer contrasting reports regarding the office space demand and absorption trends. Normally the property consultants offer reports on everything and anything that happens in the real estate sector. In most cases their studies seldom differ. However their reports about office space demand trends in January 2013 are not supportive each other. On the […]
By skgupta
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Posted in Property News
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Tagged Anshul Jain, Ashutosh Limaye, Cb Richard Ellis, Cbre, Cushman Wakefield, DTZ, DTZ India, Jones Lang Lasalle, office realty, office space absorption, office space demand trends
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February 26, 2013 – 7:15 pm
Connaught Place in New Delhi and Bandra-Kurla Complex(BKC)in Mumbai are the two office locations in India which have found place among the most expensive office locations. Two Indian locations have got a place into the list of most expensive office locations in the Asia-Pacific region. At least India will have something to be proud of […]
January 25, 2013 – 7:19 pm
Bangalore, most important IT- Hub in India, sees lower office space absorption due to the decreased demand from the IT and ITeS sectors. Office space absorption in Bangalore is directly related to the performance of IT and ITeS sectors. When these sectors’ demand is better the office space absorption in the city is also better. […]
January 23, 2013 – 6:50 pm
Compared to the previous year, in 2012, office space absorption fell sharply in Bangalore. The decreased demand from the IT and ITeS sector is pointed as the main reason for this lowered office space absorption. Office space absorption in Bangalore is always dependent on the IT and ITeS sectors. Whenever there is a higher demand […]
January 15, 2013 – 7:09 pm
Real estate market is set to regain smooth sales as there is an improved sale in the luxury housing segment. India real estate market currently goes through a sluggish momentum. The real estate builders expect that they can overcome this in the year 2013. Sluggishness has troubled the entire real estate developers of the country. […]
Decades ago, localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of the hottest real […]
The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India’s (RBI) decision to cut key lending rates by 50 basis points, and felt the move will boost builders’ and home loan customers’ sentiments alike. “For the real estate in particular, this is indeed a welcome step by RBI. While the sector was […]
India’s business capital, Mumbai, is witnessing a decline in demand for office and commercial space with dealings down by more than half since last year. Classy office space in the center of Mumbai, but it looks there are few buyers. According to a report, need for commercial real estate is lingering. Dealings of 0.88 million […]
Bangaluru has over the years gained immense popularity as the hub for IT industries in India. With great opportunities like world class education, working environment, living standards it is not wrong to mention it as the “The Silicon Valley of India”. Many non-Bangaloreans now call the city their home. It is interesting to note that […]
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Tagged Bangaluru, Commercial Real Estate, Cushman, Fdis, Hot Spot, Immense Popularity, Investment Destination, Key Areas, Living in The City, Mantri, Market Segment, Millionaires, New Projects, Power Water, Preferred Places, Residential Market, Silicon Valley, Whitefield, Working Environment, World Class Education
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September 15, 2009 – 4:54 pm
Photo by truedudiMafatlal Industries has put an eighty five thousand sq ft property in central Mumbai on the block hoping to generate between Rs 100 cr and Rs 150 cr. The proceeds will be used to revive the operations of the loss-making company. A senior company official confirmed the decision to sell the property and […]
January 9, 2009 – 12:38 am
With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier. “Renegotiations have definitely started happening now with a drop in land prices,” says Cushman & Wakefield director (land & industrial) Manish Aggarwal. […]
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Posted in Property News
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Tagged Bangalore, Cushman, Development Agreements, India, Internal Rate Of Return, Landowners, Parameters, Private Equity Partners, Rate Of Return, Real Estate Developers, Realty Cos, Wakefield
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December 12, 2008 – 5:58 am
The global economic meltdown has hit the once-booming commercial lease rental market in Mumbai. Rents have dropped by 20% to 25% on an average in the last quarter of 2008. In some prime commercial properties in the erstwhile mill land enclave of Central Mumbai, the drop is 50%. It was barely six months ago that […]
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Tagged Barclays Bank, Business Districts, C Buildings, Cbd, Ceejay, Central Mumbai, Commercial Lease, Commercial Space, Estate Sources, Global Economic Meltdown, Market Sources, Parel, Praful Patel, Prime Commercial Properties, Property Consultancy Firm, Transaction Services, Worli
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Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more […]
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Tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Land, Mumbai, Ncr, Pune, Real Estate, Real Estate Investment, Residential Property, small developers
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The real estate market is increasingly behaving like the stock market these days. Just like buyers on the Street are putting off their purchases in anticipation of the market falling further, a sluggish real estate market is prompting retailers to postpone expansion plans on hopes of lower rentals. Some are even renegotiating rates for retail […]
Real estate company JMD said on 19th June it has roped in property consultancy firm Cushman & Wakefield for an enterprise valuation, in line with its plans for a Rs 200-300 crore public issue in coming 4-6 months. JMD also hopes to raise a similar amount through private equity, for which it has already initiated […]
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Tagged Brand Experience, Capital Markets, Commercial Space, Cushman, Debt Equity, Foray, Gurgaon, Hotels In Goa, JMD, Ludhiana, Property Consultancy Firm, Regent Square, Wakefield
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The latest battle in the real estate sector has started taking a toll. Almost all large developers are now facing a severe cash crunch and finding it difficult to complete their ongoing projects. In fact, the situation is so bad that most of them have reported a 50-70% cash shortfall. Industry sources said that the […]
The Mumbai airport’s upgradation will open up a humungous 5.7 crore square feet or about 132 acres of real estate, exclusively for non-aeronautical purposes like retail, commercial and hospitality. The area is mainly around Sahar village, Kurla and Kalina. According to a Cushman & Wakefield report on Airport Realty, the modernisation and upgradation of 47 […]
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Tagged Airport Projects, Airport Sector, Commercial Purpose, Cushman, Four Star Hotels, Global Growth Rate, Kalina, Kurla, Mumbai Airport, Office Space, Retail Development, Retail Space, Slums, Wakefield
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Ahmedabad-based realty player JP Infrastructure Pvt Ltd (JPIPL) is in initial phase of talks with a foremost PE fund to raise around two hundred crore. The company is also planning to come out with an initial public offer and had selected Cushman & Wakefield in December preceding year for valuation of its assets. According to […]
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Tagged Ahmedabad, Cushman, Infrastructure, Initial Public Offer, IPO, Jp, JP Infrastructure, Realtor, Retail Malls, Vadodara, Wakefield
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