JLL Asia Pacific property digest: Pune – Q2, 2011
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
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Interstate Hotels & Resorts expands its India portfolio
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.
Grand Hyatt Goa opens one of India’s top resort destinations
Hyatt Hotels Corporation announced on Monday, August 1, the opening of Grand Hyatt Goa on India’s west coast.
Real estate finance different from other assets
Finance is a branch of economics that deals with the management of money and other assets.
DTZ predicts 2 lakh houses to be developed in NCR in 3 years
About two lakh houses are likely to be constructed in the National Capital Region in the next 2-3 years, notwithstanding the recent land acquisition crisis in Greater Noida.
Alok Industries divesting realty assets to ease debt
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
Defying slowdown apprehensions, Q1 recorded 65% growth in retail mall space
Defying any ears of a market slowdown, liquidity crunch and rising inventories, the April-June period saw a 65% growth in retail mall space supply across India over the previous quarter
Migrating youth is a catalyst to real estate development
I think from a business perspective we must focus on the issue of migration and traveling from city to city which the youth is doing.
JLL Asia Pacific property digest: Bangalore
Demand continued to be robust in Bangalore with corporates expanding and leasing large spaces.
Coming soon regulator for environmental clearances
Prime minister Manmohan Singh on Sunday, July 24, announced setting up of an independent environment regulator that would lead to a complete change in the process of granting environment clearances.