News articles tagged DTZ

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.

Office Space Demand to Increase in 2013: DTZ

Office space demand in India is projected to reach 30.5 million sq. ft. in 2013, a 12% year-over-year increase, driven by improving global economy, increased FDI, and revised repo rates.

Commercial realty hit by weak office space absorption

Commercial real estate faces challenges due to a decline in office space absorption by IT firms across India's top eight cities. This slowdown impacts both demand and supply.

MTNL Plans To Raise Rs.5000 Cr Via Divesting Realty Assets

Mahanagar Telephone Nigam Limited (MTNL) plans to raise Rs.5000 Cr by divesting real estate assets in Delhi and Mumbai, enlisting global consultancy DTZ for support.

Commercial Real Estate Office Space Demand Regains Pace

Commercial real estate demand rebounded in India during Q3 2012. Bangalore led office space absorption, followed by Hyderabad and Mumbai. Rental markets remained stable.

Hyderabad: 3rd most affordable office location in 2011

Hyderabad, Chennai, and Pune rank among the world's most affordable office locations, according to DTZ's 2011 report. Hong Kong, London, and Geneva top the list of most expensive markets.

Study says that MNCs surpass Indian firms in office space uptake.

Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.

Union Budget 2012-13: Buying or building of a house will cost more.

Real estate experts anticipate rising costs for home purchases and construction due to increased material prices and a 2% service tax hike, impacting buyers and developers alike.

Realty: Difficult To Buy And Rent

Residential rents in India are rising by 10% due to high demand, low rental yields (3-6%), and high home loan interest rates (11-13%). Many potential buyers are delaying purchases, increasing rental demand.