September 2, 2008 – 6:35 am
MUMBAI: India’s hottest property market, Mumbai, could see some shakeup in the commercial realty space. In a significant development, the Mahrashtra government has decided to allow all upcoming IT parks and IT specific buildings in the city to utilise 80% of the total constructed area for financial services, besides IT and IT enabled services. At [...]
By manish
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Posted in Real Estate News
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Also tagged Banking And Financial Services, Commercial Realty, Commercial Space, Corporate Finance, Financial Hub, Financial Services Sector, Fsi, Fund Management, IT and ITes, Management Consultancy, Mumbai, Mumbai India, Risk Management, Sectors, State Government, Transactions Services, Treasury Operations, Treasury Risk
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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 [...]
By manish
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Posted in Real Estate News
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Also tagged British Realty, Cross Border, Financial Assets, Global Property, House Prices, Income Generation, Indian Investors, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, London Olympics, London Properties, Residential Properties
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In the midst of a general slow down in the Indian real estate market, TAIB Bank, a leading private bank based in Bahrain, has picked up a 26% stake in Anant Raj Projects for Rs 216 crore. The deal, one of the first Shari’ah-compliant transactions in the Indian real estate industry, puts the valuation of [...]
In April end, the London headquartered Barclays bank concluded negotiations to take on lease 15000 square feet of office space in CeeJay House, Worli, at a record-breaking rent of Rs 725 a square feet per month. This is so far the highest ever lease rental for any commercial property in the country.
By Rajani
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Posted in Real Estate News
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Also tagged Abn Amro Bank, Barclays Bank, C B Richard Ellis, Cee Jay, Commercial Premises, Consultant Firm, Credit Suisse, Financial Services Provider, Global Financial Services, Global Property, Hypo Bank, Investment Management Services, Knight Frank, Lease Transactions, Lehman Brothers, Poonam Chambers, Praful Patel, Property Experts, Worli
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