DLF, Unitech and other real estate developers may lower prices by 30% by mid-2009 to nudge buyers out of their “wait and watch” stance, according to experts. The price cut, if implemented by the country’s builders will also push sales higher, especially of the affordable category, property consultants said. ”Many developers will come down on […]
Tag: Jones Lang Lasalle Meghraj
British Realty Aiming Indian Investors
British realty developer The Berkley Group is aiming Indian investors with its two exclusive London properties in the price range of Rs 2-8 crore per flat. It has coupled with global property consultant Jones Lang LaSalle Meghraj (JLLM), which sees investment by wealthy Indians in British residential properties growing up to 15 billion pounds by […]
Gaziz Globe And Big Shopping Group From Israel To Invest In India
The Indian real estate market is set to witness the entry of investors like Gaziz Globe and Big Shopping Group from Israel, Mirax from Russia and a few others from Eastern and Western Europe. Together, these investors are likely to invest around Rs 10,000 crore in Indian property that is FDI compliant, in the coming […]
Developers Gamble On Eco-Friendly Buildings To Flatter Buyers
Top developers are now betting on green buildings. Green building ,so to say use less energy, water and natural resources, creates less waste and is healthier for the people living inside compared to a standard building – to flatter large number of leaseholder. Even though green buildings involve an incremental cost of 7-10% over traditional buildings, developers […]