News articles tagged DTZ India

Office Space Demand to Revive, A/C Firms Boosted

Weak office space demand has negatively impacted air conditioning manufacturers. A resurgence in demand, driven by IT and ITeS sectors, is expected to boost both the commercial sector and A/C sales.

No Property Buyers, Realty Developers Troubled

Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.

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.

Bangalore Sees Rentals of Top-End Villas Declining

Bangalore's top-end villa rentals have dropped by 25-30% due to a surge in new projects and the decline in expat relocations, affecting demand significantly.

Domestic Demand Drives the Growth of Tier-2 Cities

Tier-2 cities in India drive growth through stabilized domestic demand for residential and commercial properties.

Bangalore Sees Lower Office Space Absorption as IT Demand Falls

Office space absorption in Bangalore fell by 24% in 2012 compared to 2011 due to weaker demand from the IT and ITeS sectors, impacted by the global economic slowdown.

Realtors expect rise in property demand post RBI's rate cut

Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.

ICICI Bank and Sahara eye Parsvnath's prime land in Delhi.

Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.

Bahrain's TAIB Bank shells out Rs 216 cr for 26% in Anant Raj

TAIB Bank invests Rs 216 crore in Anant Raj Projects via Shari'ah-compliant deal, valuing the firm at Rs 831 crore, amidst Indian real estate market slowdown.