AC Firms are receiving a boost from the commercial realty, which includes shopping malls and other various projects. AC Firms have a close relation with the commercial realty. If you hear this for the first time you may think that this is something wrong or not correct. But this is true.
Tag: Commercial Real Estate
Weak Office Space Absorption Hits Commercial Realty
March 26, 2013 – 6:49 pm
According to some top real estate consultants’ reports office space absorption is weak in many top cities of India. This has adversely affected commercial realty. Commercial realty is affected badly by the weak office space absorption. In the opinion of Cushman & Wakefield and DTZ weak office space absorption is due to the sluggish IT […]
Private Developers gets more Banks lending.
March 24, 2012 – 3:09 pm
According to the latest data available from the Reserve Bank of India, the outstanding for commercial real estate is Rs 1187.1 billion as of January 2012, a growth of 12.2 per cent over the year-ago period. Although this rate is lower than the growth figure of 19.9 per cent in the same period the previous […]
RBI Increases Loans On Realty
April 16, 2010 – 8:01 am
The Reserve Bank of India has asked banks to set aside more pelf for loans to realty projects which may eventually make borrowing more costly for builders. An increase in capital requirement will force banks to hike the rate of interest on such loans. SA Bhat, chairman and managing director of Indian Overseas Bank gave […]
Entertainment World to set up 20 malls
September 9, 2009 – 11:36 am
Entertainment World Developers Pvt Ltd said that it would invest two thousand crore for setting up 20 malls across India under its rent-free revenue sharing concept for emerging brands. Mr. Manish Kalani, EWDPL Chairman and Managing Director said, “We will invest Rs 2,000 crore for setting up twenty malls spread across 1-million square feet in […]
Unitech plans sale of assets to raise funds
November 27, 2008 – 12:40 am
In a bid to tide over the current financial crisis, Unitech, the second largest real estate developer in the country, is planning to raise money by selling some of its assets, such as hotels and commercial real estate. The company, which currently has a debt of Rs 8,200 crore, is also planning to rope in […]
Slowdown In The Real Estate Due To Slowdown Of The Economy
August 6, 2008 – 4:23 am
The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year. During the period, commercial real estate demand was only at 9.74 million square feet as against the supply of 18.07 million sq.ft, commercial real estate services firm Cushman & Wakefield […]
RBI Limits Private And Public Sector Banks For NRI Matters
June 28, 2008 – 1:26 am
NRI loan interest rate depends a lot on the reason of borrowing. When the reason is to invest in share or commercial immovable property market, the interest rate to be paid is higher than any loan borrowed by the NRI to be invested at an employment generating project.
