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 […]
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. […]
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 […]
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 […]
August 21, 2008 – 5:08 am
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 […]
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Also tagged Business Hotel, Construction Costs, Cushman And Wakefield, Estate Consultant, Hospitality Industry, Hotel Consultants, Indian hoteliers, Industry Executives, Mall Developers, Market Hotel, Mid Market, Ready Hotel, Sanitary Plumbing, Sarovar Hotels, South Asia
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