August 23, 2008 – 2:14 am
Office rental prices are unlikely to see any major fall across the country’s three major business hubs National Capital Region, Mumbai and Bangalore even as the commercial realty markets in these areas are expected to witness a significant surge in supply, a leading real estate consultancy firm said.
While Bangalore is expected to witness further rise [...]
By rajani
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Posted in Property News
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Also tagged Asia Pacific Region, Bangalore, Cbre, Commercial Realty, Commonwealth Games, Delhi Ncr, Gurgaon, Hubs, Leading Real Estate, Mumbai, Rental Values, South Delhi
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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. Vakil [...]
By rajani
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Posted in Property News
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Also tagged Bangalore, Commercial Plots, Commercial Space, Future Group, Hyderabad, India, Kishore Biyani, Knight Frank, lease, Outright Purchase, Residential Plots, Slowdown, Vakil
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According to latest report by global realty consultant CBRE office rentals in Gurgaon have declined by up to 8 % in the second quarter of 2008 owing to increase in supply and softening of demand for office space.
“Gurgaon market has undergone a 5-8 % correction in the office and IT rentals from their peak rates [...]
By rajani
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Posted in Property News
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Also tagged Cb Richard Ellis, Commercial Plot, Cyber City, Delhi Metro, Golf, Golf Course Road, Gurgaon, Market Trend, Mg Road, Noida Authority, South Delhi
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The Mumbai airport’s upgradation will open up a humungous 5.7 crore square feet or about 132 acres of real estate, exclusively for non-aeronautical purposes like retail, commercial and hospitality. The area is mainly around Sahar village, Kurla and Kalina.
According to a Cushman & Wakefield report on Airport Realty, the modernisation and upgradation of 47 airport [...]
By rajani
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Posted in Property News
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Also tagged Airport Projects, Airport Sector, Commercial Purpose, Cushman, Four Star Hotels, Global Growth Rate, Kalina, Kurla, Mumbai Airport, Retail Development, Retail Space, Slums, Wakefield
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February 21, 2008 – 2:02 am
Saluja Construction, the foremost name in premium residential development in Delhi and NCR for over 2 decades, now brings its golden touch to retail and business spaces.
Saluja Construction introduces SALCON, a realty brand that is a hallmark of innovation, quality, reliability and timely delivery. SALCON Projects will represent the zenith of lifestyle architecture and engineering, [...]
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