While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Bangalore, Chennai, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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September 23, 2009 – 4:15 pm
In yet another big ticket realty deal in Chennai, India Cements has acquired the ICICI Bank owned large commercial space in the upmarket Santhome High Road in the city reflecting the uptick in the property market. Sources close to the transaction said that ICL has struck the deal for Rs 63 crore. ICICI Bank had […]
December 19, 2008 – 1:27 am
There are many ways to invest. But the investor should be prudent enough to select a proper area, which is safe and secure with assured reasonable returns. Few years ago, bank deposits, stocks, mutual funds, insurance policies and bullion, were the most opted field. With increased business, globalization of economy has unfolded many more areas. […]
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Posted in Property News
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Also tagged Annual Maintenance, Bank Deposits, Business Globalization, Insurance Policies, Investment Advisers, Investment Avenues, Investment Investment, Investment Opportunity, Long Term Investment, Political Environment, Property Investment, Property Tax, Realty Investment, Realty Market, Short Term Investments, Stocks And Shares
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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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Posted in Property News
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Also tagged Barclays Bank, Business Districts, C Buildings, Cbd, Ceejay, Central Mumbai, Commercial Lease, Estate Sources, Global Economic Meltdown, Market Sources, Parel, Praful Patel, Prime Commercial Properties, Property Consultancy Firm, Transaction Services, Worli
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India’s emergence as a leading IT and ITES destination has witnessed a huge demand for high quality office space. Again, the dependence on one sector could also have a serious impact. Knight Frank’s Vakil said that there is already a slowdown as far as commercial property is concerned. The scenario presents a few interesting constituents. […]
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Posted in Property News
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Also tagged Bangalore, Commercial Plots, Future Group, Hyderabad, India, Kishore Biyani, Knight Frank, lease, Office Space, Outright Purchase, Residential Plots, Slowdown, Vakil
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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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Also tagged Brand Experience, Capital Markets, Cushman, Debt Equity, Foray, Gurgaon, Hotels In Goa, JMD, Ludhiana, Property Consultancy Firm, Regent Square, Wakefield
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DUBAI — An Indian hedge fund manager has described his country as being in a charming spot” of economic progress, telling investors in the hospitality and real estate industry that India will be able to carry on an yearly growth of ten percent for many years. Investment level rose forty percent of the gross domestic […]
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Also tagged Ahic, Charming Spot, Economic Progress, Gdp Growth, Gross Domestic Product, Hedge Fund Manager, Hospitality Consultancy, Hospitality Market, Hotel Investment, Indian Equity Market, Investment Conference, Investment Level, Labour Force, Mahajan, Major Cities, New Delhi, Pvt Ltd, Seventy Three, Surjit S Bhalla, Urban Women
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February 26, 2008 – 6:38 am
Delhi-based tier II realty player Eldeco Group is in discussions with AIG and Merrill Lynch for raising $200-250 million from a clutch of private equity (PE) investors. As part of the plan, Eldeco has already raised some funds from Xander PE. Sources said group company Eldeco Infrastructure & Properties (EIPL) was in the market for […]
January 28, 2008 – 7:02 am
19 January 2008. Emaar-MGF today introduced its new concept of style guide. This concept is named as “Street of Dreams”. It offers the buyers a preview of their concept villas, penthouse and apartments. Main aim of street of dreams is to provide different varieties to its customers. For this purpose, it has designed a style […]
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Also tagged Amritsar, Architects, Concept villa, Corporate Communications, Emaar-MFG, Flagship Project, Gurgaon, Housing Units, Hyderabad, Initial Public Offer, Jalandhar, Mediterranean, Mohali hills, Penthouse, Punjab, Southern Spain, Street of dreams
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