The positioning and potential of villas in Indian real estate
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.
With the US and European debt crisis affecting sentiments across the world, the Indian real estate sector is likely to see a gloomy phase in the next 12 months.
Over 60% of Indian software exports are to the US, and nearly 20% are to Europe. Since both these geographies are affected, there will eventually be an impact on Indian IT companies.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.
Pune is fast emerging as one of the best investment destination for the real estate.
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
Any residential property, even with all legal safeguards are apparently in place, is ultimately built on land. One cannot automatically assume that this land did not have previous owners.
The CII Real Estate Conclave 2011, themed ‘Indian Real Estate Charting a Global Course’, organized in association with Jones Lang LaSalle on June 24, 2011 was a huge success.
I cannot help but feel puzzlement at Air India’s sudden decision not to rent out space in what is one of the most valuable real estate assets in the financial capital of Mumbai.
In a path breaking transaction set to the backdrop of Mumbai’s curtailed land scenario, Mafatlal Industries has sold a land parcel consisting of 30,910sq m.