Track2Realty: In a continuation of the company’s global growth plan, Cushman & Wakefield has entered into an agreement to acquire Singapore-based project management specialist company Project Solution Group (PSG).
Track2Realty Exclusive: The real estate all over the world is facing a crucial situation and observing a radical shift in population trends. Most of the people believe funding of the developers’ projects or the land occupancy cost is the real concern of the sector. However, as per my research and knowledge the broader issue lies in the conceptualization of urbanization.
Track2Realty Exclusive: Some of the factors that vociferously call for apartment culture. New initiatives like the construction of a metro in cities like New Delhi, Bangalore, Kolkata, suburban railway in the areas like Mumbai, Hyderabad, Chennai, Delhi, Pune, Kolkata and Bus Rapid Transit System taken by the various state governments to improve the public transport systems in cities has raised the interest among people in the surrounding areas so as to save the commutation time.
Track2Realty Exclusive: In China, SEZs were developed along its southern coast in the areas of Shenzhen, Shantou, Zhuhai, Hainan and Xiamen which were backward small villages lacking in basic infrastructure and industrial resources. These zones were developed as manufacturing hubs and the open access to international trade sea lanes led to their success.
Track2Realty Exclusive: In Noida Extension buyers took to streets against the developers for allegedly using all available options to ensure that the original set of buyers were divested of their flats, which could then be resold at a higher rate. In a majority of the cases, the consumers were faced with a Hobson’s choice.
Track2Realty Exclusive: South India has emerged as the hub of IT sector and the main arm of outsourcing business for the US and the UK. With more and more foreign investors looking forward to establish their back offices through the prime locations of South India, the scope of corporate real estate has become immensely high.
Track2Realty Exclusive: Commerce Ministry data fails to give a comprehensive picture where many grandiose plans have failed to tap the potential that actually existed. Several SEZ projects and the expansion plans, like the SEZs at Navi Mumbai, Jhajjar in Haryana, Adani’s Mundra, DLF’s Cyber City in Gurgaon, Mahindra World City in Chennai, K Raheja Universal and Flagship Infrastructure in Maharashtra are facing difficulties. The SEZs cumulatively have been losing ground over the past couple of years.
Track2Realty: India has been ranked as the second most risk prone location for hosting Datacentre Operations according to the annual ‘Datacenter Risk Index 2013’ survey released by international consultants Cushman & Wakefield in association with hurleypalmerflatt and Source8. The ‘Data Centre Risk Index 2013’ identifies risks likely to affect the successful operation of data centre facilities in the 30 most important global markets.
Track2Realty-Agencies: Indian retailers feel that the clarification by DIPP on FDI in multi-brand segment, which among others require mandatory fresh investment in back-end infrastructure, will create hurdles and neither encourage foreign players nor domestic firms.
Track2Realty: CREDAI has raised apprehensions that the the Real Estate Regulatory Bill approved by the Union Cabinet CREDAI has expressed fear that it could encourage corruption instead of curtailing the social menace.