News articles tagged CB Richard Ellis

Office space demand trends, Property consultants differ

Global property consultants are presenting conflicting reports on India’s office space demand, creating confusion among industry experts regarding market trends.

Oracle India to lease office space in BKC

Oracle India signs lease for 50,000 sq. ft. office space in Bandra Kurla Complex, Mumbai, at Rs. 340/sq. ft. for 9 years, valued at Rs. 183.6 Cr.

Office rentals stabilize

Office rentals in India stabilized in the September quarter, with varied trends across cities. Economic improvement and corporate confidence drive demand.

Residential realty prices moving up

Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.

Realtors renegotiate deals, put projects on hold

IT-BPO sector's recession woes force real estate developers to shelve projects, slash rentals, and renegotiate leases in India

Home loan interest cut won't help flat buyers of mumbai

Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.

Rate cut may not prop up metro realty

Public sector banks' interest rate cut for home loans up to Rs 20 lakh may induce some buying in the property market, but developers and experts believe it's not enough for a major boost.

Slowdown hits demand for prime office space in cities: CBRE

India's office space absorption dropped 41% in the first three quarters of 2008 due to the global economic slowdown, impacting office rentals.