Tag: Property Consultancy Firm

Housing sector is back on track

Real estate industry has started showing the signs of recovery. Effect of recovery will be shown in coming quarter. These are not baseless talks. Launching of new projects at low interest rates is the main reason behind the increase of sales inquiries. Specially, the term ‘affordable housing’ is attracting middle class families to fulfill their […]

Mumbai rental market hit hard

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 […]

JMD Hopeful To Raise Rs 200-300 crore Through Private Equity

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 […]