Search Results for: Jones Lang LaSalle

Small Developers Selling Their Land Due To Cash Crunch

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 […]

Split Between Raheja Brothers

Brothers Vijay and Deepak Raheja who used to run B Raheja Builders, a real estate firm that operates in Mumbai, Bangalore and Pune, have split the business between themselves and set up separate companies, according to an executive at a company that does business with B Raheja Builders and who did not want either himself […]

Calculate Before Buying

HDFC chairman, Mr. Deepak Parekh criticized developers for not differentiating between super built-up area and carpet area of the houses that they deal. He pointed that developers mis-guide buyers by selling on the basis of super built-up area, without clearly mentioning how much is the carpet area. In Delhi, the authorities are following the recommendations […]

Monsoon Likely To Affect Real Estate

There is going to be a major price correction in the real estate market in the subsequent three months. Land owners and builders are holding on to the selling price of their properties due to the ongoing monsoon but post-monsoon, prices would nose-dive 15-20%. Builders and property consultants preach that monsoon season is considered to […]

Sub-prime crisis to lower investment in Asia’s property sector

The global sub-prime crisis will this year have the greatest impact on “mature” property markets in the Asia-Pacific region, leading to an overall decline in investments, international property consultant Jones Lang LaSalle predicted Tuesday. Direct commercial real estate investment in Asia Pacific reached a new high of 121 billion dollars in 2007, up 27 per […]

Retail sector to consolidate in medium term

KOLKATA: Rising retail industry in India would see a phase of consolidation in the medium term while ill-planned malls were likely to go out of business, an official of real estate management company Jones Lang LaSalle Meghraj (JLLM) said. “There is a enormous potential for the retail sector in the country since India is a […]

RBI’s judgment has spooked real estate cos

MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a […]

Property Consultants Differ On Office Space Demand

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 […]

Raised Luxury Housing Demand Mends Sluggish RE Market

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. […]

Happy days are back into realty

Realty industry is all set to be lift up this Diwali. At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due to the global slowdown last year. ‘After weathering the worst funds crisis for one and half year, the realty sector has […]

Real Estate Transparency Of India And China

India and China have significantly improved their levels of real estate transparency, an indicator of real supply and demand in the sector, over the last two years. According to real estate transparency index complied by professional services firm specializing in real estate, Jones Lang LaSalle, the biggest improvers in Asia Pacific are India, China and […]