Mumbai residential property investor update
Despite the strong probability of correction of residential property prices…
Despite the strong probability of correction of residential property prices…
The Mumbai commercial property market has displayed resilience in the recent past.
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.
Real estate is a business where stakes are high and your life time savings are involved. Whenever there is involvement of larger
Demand continued to be robust in Bangalore with corporates expanding and leasing large spaces.
The government plans to enact the Benami Transactions (Prohibition) Bill, 2011, to replace the existing Benami Transactions (Prohibition) Act, 1988.
Leasing activity continued to remain strong in suburban micro-markets of Delhi – NCR, while the CBD and SBD saw moderate activity.
A real estate consultant has the complex and responsibility-driven role of dealing with high-value property assets.
The National Housing Bank (NHB) and Indian Banks’ Association (IBA) are jointly preparing the norms, standards and procedures for real estate valuation.
For the third consecutive year, Jones Lang LaSalle was awarded the ‘International Property Consultant Of The Year’ Award at the Asia Retail Congress for Excellence in Retail, held on 8–9 February 2011 at Hotel Taj Land’s End in Mumbai. Jones Lang LaSalle India won the award by a landslide, beating all other competing international property consultants.