Search Results: Retail Real Estate (984)

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Indian commercial property market sees improvement in Q1 2012; rental outlook positive

RICS India Commercial Property Survey suggests an easing in global strains has led respondents to upgrade their expectation in both the occupier and investment markets in the country. With real estate clearly feeling the effects of the softer macro environment in the previous two quarters, the market is now witnessing improving results across several indicators, which could signal the beginning of a turnaround.

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Plaza Centers Group appoints Pioneer Property Zone to manage first Indian investment

In its first ever Indian investment, the Plaza Centers Group has appointed Pioneer Property Zone (PPZ),- leading experts in developing and managing shopping malls –for their upcoming mall in India – Property Zone will be managing the mall for the group which will include financial management & implementing strategies for growing the asset performance. The upcoming property is at Koregaon Park Plaza Mall in Pune.

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Hike in Maharashtra stamp duty rates to increase cost

The proposed revision of the stamp duty in Maharashtra for leave-license would definitely impact the rental market in the residential, commercial and retail asset classes. The corporate commercial property market would be less affected, since this asset class typically operates on leases locked in for longer tenures which can extend up to 3-5 years. However, retail property leases would feel the pinch, since this sector typically works on annual leases in the form of leave and license.

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DLF Brands on expansion mode

DLF Brands, a subsidiary of DLF Ltd, has aggressive plans to expand its retail business by introducing more international brands into India, besides opening at least 50 new outlets every year in the country.

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Godrej Properties share sale oversubscribed

Godrej Properties’ stock offering to raise up to $90 million received bids for 18 percent more than the shares on offer, boosting the outlook for a newly approved process that companies can tap to cut founder stakes.

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Mumbai costliest property market with least property transactions

Mumbai continues to be the costliest property market in India but the sales graph show this value has started taking its toll on the volume. Property registration in India’s biggest real estate market continued its slide and in September recorded a 29-month low at 4,137, down 22 per cent year-on-year.

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