Tag: Jones Lang Lasalle

New Incentivised Schemes for Affordable Housing in Offing

January 14, 2009 – 3:46 pm

In its upcoming mid-term appraisal, the Planning Commission is likely to introduce couple of new schemes for real estate sector so that it acquires a priority status at times of meltdown and provide for “affordable housing”. Announcing this at the ASSOCHAM National Conclave on Threat Before Real Estate Sector – What are Solutions? held here [...]

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Realtors may cut prices by 30%

December 10, 2008 – 6:33 am

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 [...]

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Realtors look at ‘affordable’ flats for cash flows

December 5, 2008 – 1:57 am

After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by high borrowing rates. Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs [...]

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British Realty Aiming Indian Investors

August 7, 2008 – 11:57 pm

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 [...]

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Indians To Spend 15 Billion Pound To Buy Homes In UK

August 7, 2008 – 11:56 pm

Fuelled by the country’s rapid economic growth and increasing number of high net worth individuals, residential investment by Indians in UK is likely to touch a whopping 15 billion pound over the next decade, says a report. “Indians could potentially own 20,000-30,000 UK residential properties over a 10 year horizon and UK-India cross border Investment [...]

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Retail Boom In India

July 18, 2008 – 7:50 am

With rise in prosperity and disposable income of the middle class people in cities due to high economic growth, India is witnessing a retail boom. This has led to the growth of organized retailing, which is changing the way shopping is done, particularly in big cities like Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad among others. [...]

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Asia Property Investment Up 27 Percent In 2007

June 23, 2008 – 12:18 am

According to consultants Jones Lang LaSalle, Property investment in Asia reached a record $121 billion in 2007 up 27 % from the previous year. And while the credit crunch took its toll in Europe and North America in the second half of the year, pushing down global transaction value by 8 % from the second [...]

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Real Estate Need Talent And Skill

May 5, 2008 – 12:29 am

The demand for talented and skilled individuals to power the growing real estate industry has increased. “The Indian real estate sector is maturing from the short-sprint mindset and is gearing up for the long distance stakes of sustainable real estate development,” says Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, real estate money [...]

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