December 30, 2008 – 12:19 am
Is this the right time to invest in real estate sector? Besides ones personal situation, the external factors that influence this decision are real estate prices and interest rates.
On the interest rate front, market signals are positive. Most public sector banks have cut their benchmark prime lending rates by 0.75% to 12.5% effective January 1, [...]
By rajani
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Posted in Property News
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Also tagged Anuj Puri, Buying A House, Current Market, External Factors, Finance Company, Genuine Need, Hdfc, Market Signals, Mortgage Finance, Personal Situation, Prime Lending Rates, Public Sector Banks, Real Estate Sector
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December 27, 2008 – 2:18 am
The year 2009 will lift the gloom in the real estate market as the property market turns buyer friendly with the cuts in property rates and home loan rates. Developers for their part would benefit as they will focus on creating volumes at affordable price points.
The government move to boost home loans will definitely rejuvenate [...]
By rajani
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Posted in Property News
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Also tagged Borrowers, Business India, Central Government, Ceo, Economy, Gloom, Government Move, Hfcs, Home Buyers, Home Loan Rates, Home Loans, Momentum, New Year, Private Banks, Property Developers, Public Sector Banks, Sanjay Dutt, Segment, Thrust
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December 9, 2008 – 5:41 am
Transparency in real estate sector seems to be improving. According to the Jones Lang LaSalle – 2008 Real Estate Transparency Index, India now holds the 50th position out of 82 markets globally.
Countries are grouped into bands such as Highly Transparent (Tier 1) and Opaque (Tier 5). India has moved up from Tier 4 (Low Transparent) [...]
October 21, 2008 – 2:10 am
Potential home buyers, who have been deferring their purchase decisions, may have to wait till April-May to get a good deal.
The ripples of the ongoing financial crunch, coupled with mounting pressure from various other circles, will peak between January and March. That’s when many developers will be forced to sell the unsold stock at a [...]
By rajani
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Posted in Property News
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Also tagged Current Market, Economic Prospects, Festive Season, Financial Crisis, Financial Crunch, Global Financial Turmoil, High Interest Rates, Home Buyers, Jones Lang Lasalle Meghraj, Market Scenario, Parel, Puri, Real Estate Developers, Ripples
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August 19, 2008 – 4:55 am
Most luxury and premium brands are looking for quality retail-centric real estate spaces not only for expanding their branded retail shops but also for having their new offices, according to industry experts.
Hugo Boss luxury watches, which is being retailed by Titan Industries Ltd through about 15 to 20 of 250 World of Titan showrooms, will [...]
By rajani
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Posted in Property News
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Also tagged Bottega Veneta, Brand Marketing, Brand Visibility, Departmental Stores, Estate Space, Jones Lang Lasalle Meghraj, La Perla, Luxury Brands, Luxury Retailers, Metro Theatre, Murjani Group, Quality Real Estate, Quality Space, Retail Malls, Titan Industries
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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 [...]
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 [...]
By rajani
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Posted in Property News
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Also tagged Akruti, Bangalore, Bank Loans, Land Acquisition, Land Deals, Monsoon Season, Mumbai, Property Consultants, Real Estate, Real Estate Developer, Real Estate Developers
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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 large [...]
By rajani
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Posted in Property News
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Also tagged Big Bazaar, Future Group, Kolkata, Malls, organized Sector, Real Estate Management Company, Reliance, Retail Business, Retail Industry, Retail Sector, Retail Trade, Value Proposition
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