Tag: Cushman And Wakefield

Infrastructure Status Demanded For Housing Segment

The National Real Estate Development Council demanded that housing segment should be given Infrastructure Status. The national council NAREDCO was demanding it as it will enable the developers to meet the surging housing needs. It is true that the demand for housing unit is increasing day by day. Yet, is this, the giving Infrastructure Status […]

Real estate developers frustrated over credit policy

Real estate developers and consultants expressed disappointment over the RBI’s credit policy announced today and has asked the apex bank to infuse more liquidity into the system and to the property sector. “It’s disappointing but understandable,” global real estate consultant Cushman and Wakefield Managing Director (South Asia) Sanjay Verma said. He noted that though inflation […]

Real estate has grown during the last five years

The real estate sector in India has grown 30% to 35% during the last five years, reflecting the rapidly-increasing demand for office, commercial and industrial space, as well as bigger homes now considered within the range of India’s prospering working classes. But the economic juggernaut has been slowing since earlier this year due to double-digit […]

Realtors Importing Built-up Rooms And Utility Goods From China

The growing pressure on hotel and mall developers, faced with soaring construction costs that have risen by some 40%, is seeing Indian hoteliers and realtors importing built-up rooms, fittings, furniture and utility goods from China to save costs and time. The trend of imports is catching on as costs have risen up to 50%, say […]

Ispat Industry Sells Flats in Mumbai

18 January 2008, New Delhi. Ispat Industries is informally entering in to real estate industry. Ispat industry is known as a major steel producer industry and now they are planning to sell its property at Mumbai‚Äôs Peddar Road at a rate of about Rs 50,000 per sq. ft. Mr. Vinod garg, Executive director (marketing), has […]