Search Results: asia pacific (131)

Case Studies india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Delhi NCR real estate

Delhi’s Connaught Place ranks 6th among costliest global office markets in Q3 2014

Track2Realty: At nearly US$160 per sq. ft. per annum, Delhi’s Central Business District (CBD) of Connaught Place was ranked as the sixth most expensive prime office market in the world, according to CBRE’s semi-annual Global Prime Office Occupancy Costs survey. Mumbai’s alternative business district of Bandra–Kurla Complex (BKC) remained at the sixteenth, and its CBD of Nariman Point at the thirty-second positions on the Top 50 rankings for global prime office properties.

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Reality of NRIs interest in Indian realty-II

Track2Realty Exclusive: The NRI enquiries are unlikely to materialise as sales because Indian real estate has lost its credibility. Moreover, given that general elections are around the corner, real estate is in doldrums as all the black money that has been pumped into realty, is slowly being drained out to fund elections.

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How global is the business of retail?

Track2Realty: According to recent CBRE report—How Global is the Business of Retail?—new trends identified in the global retail market saw retailers focusing on larger markets in 2013, with 83% of the survey cities witnessing at least one new entrant in the year (compared to 81% in 2012), while the top target markets saw a 28% rise in new entrants.

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PE investment trends in Indian realty

Track2Realty: Transactions in India’s real estate space might have slowed down over the last two quarters, but the sector has not been overwhelmed by the state of the wider economy. Despite the subdued pre-election economic scenario, in fact, the period observed an increase in private equity activity.

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New Delhi’s Connaught Place is 7th most expensive office market in the world: CBRE

Track2Realty: India continued to feature on the list of the world’s most expensive office markets, with New Delhi (Connaught Place – CBD) ranking at the 7th position, according to CBRE Global Research and Consulting’s semi-annual Prime Office Occupancy Costs survey. Mumbai’s Bandra Kurla Complex (BKC) bagged the 15th position, while Nariman Point stood at the 32nd position. The latest CBRE survey provides data on office rents and occupancy costs as of September 2013.

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REITs have the potential to revive the sector, say industry experts

Track2Realty: The announcement by the markets regulator Securities Exchange Board of India (SEBI) to introduce a separate regulatory framework under the proposed draft SEBI (Real Estate Investment Trusts) Regulations, 2013 has brought cheers to the real estate sector. And if implemented, REITs can bring back the growth to the sector, said industry experts, who gathered at the RICS Real Estate Conference 2013 – Regaining Business Confidence. The conference was organized on 25thOctober 2013 in Mumbai.

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