Budget 2013 will improve the housing demand in the tier-2 cities, says Anuj Puri. With a deduction on loans up to Rs.25 lakh for the first-time-home buyers, the demand in the metros would not be affected, he added. As against the sky reaching expectations of the real estate players and the developers, many of the […]
Tag: Jones Lang LaSalle-India
In Pune, India’s Other Growth City Private Equity Likes Real Estate Investing
May 15, 2012 – 4:19 pm
According to Sameer Gholve, Manager of Capital Markets at Jones Lang LaSalle India, Pune has been favoured destination amongst Real Estate PE funds since 2005 – the year FDI opened for real estate. Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to […]
Delhi is Faster in Selling Homes Than Mumbai
May 3, 2012 – 12:53 pm
Mumbai may be second to Delhi in unsold homes, but it will take longer to sell them. Real estate developers in the financial capital must wait over three years to clear 1.13 lakh units or 120 million sq ft as high prices deter potential buyers, shows a study released by Liases Foras, a real estate […]
RBI Rate Cut Proves to be a Boon for Affordable Housing Investors
April 20, 2012 – 6:11 pm
The recent move by the Reserve Bank of India (RBI) in its annual Credit Policy has given some hope for investors in the affordable housing segment. This is being seen as a positive development for the overall property market. While investors remain cautious and wait for banks to announce the lowering of interest rates, realtors are optimistic […]
Bangalore: More about Office….Office.
April 14, 2012 – 6:42 pm
While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
JLL says Residential Realty Sector is set to appreciate in 6 months.
April 7, 2012 – 4:27 pm
Jones Lang LaSalle India, a global research firm in the real estate sector, says that prices of residential units in India in the next six months should witness marginal appreciation. JLL says: “Over 60% of residential launches in the Top 7 cities (mostly in cities other than the NCR and Mumbai) are priced in the range of Rs […]
Realty PE Deal Volume grows in Q1 and Big Deals are missing.
April 6, 2012 – 4:44 pm
Private equity deals are alive and kicking in Indian real estate space even though headline numbers do not reflect the same due to the absence of big ticket investments. The total number of PE deals during the first quarter of CY 2012 has hit a three-year high, according to VCCEdge, the financial research platform of […]
Realty Plus Excellence Awards to Real Estate Sector.
March 21, 2012 – 5:13 pm
Realty plus Excellence Awards 2012 series for the northern region of India will be on March 21. The awards for South India and West India were given away on March 2 and March 9, respectively. Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India, is the Jury Chairman for this year’s awards. The Realty […]
Real Estate Sector is disappointed.
March 19, 2012 – 6:13 pm
Real estate players were disappointed with the Budget saying it failed to highlight the role of the housing sector in the economy. The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh Mukherjee, also proposed setting […]
Building Trust
December 14, 2010 – 6:54 pm
Bellevue — the Phase 1 condominium towers of Central Park II in Gurgaon has been creating stir in the buyers in Gurgaon, for the infrastructure it provides. “Bellevue is a rare example in India to have obtained quality certificates from Grant Thornton, Jones Lang LaSalle-India, KCB Associates, Dema Consulting and Manu Jain leading auditors and […]
