News articles tagged Jones Lang LaSalle India

Thomas Cook Sets To Monetize Its Realty Assets in India

Thomas Cook to monetize 32 Indian realty assets, worth up to ₹300 Cr, to reduce debt.

Foreign retailers likely to postpone India Entry, JLL

According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.

Property Rates Jump By 66% In Mumbai, Report

Mumbai property rates soar 66% in four years due to land scarcity and limited supply, defying expert predictions of price correction.

Blackstone Lay Luring Eye On Express Tower

Blackstone is reportedly interested in acquiring Express Tower in Mumbai, with potential investments totaling over ₹850 crore as it diversifies into the commercial sector.

New Launches in Mumbai, Offered At Low Rates

Developers in Mumbai are slashing prices for new launches by up to 15% to stimulate home sales amid sluggish market conditions, aiming to attract buyers.

Shopping Malls Face Dull Demand Now, Report

Vacancy rates in Indian shopping malls are on the rise, particularly in Delhi-NCR and Mumbai. Experts attribute this to an oversupply and mismatch with demand.

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.

Studio Apartments Witness Surging Demand

Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.

Golf Courses Woo Top-End Buyers in Mumbai

Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.

Luxury housing segment turns costlier after budget 2013

Budget 2013 to Adversely Impact Luxury Housing Segment with Reduced Deduction Rate

Budget 2013-14 Proposes Rs.1L Deduction to First-Home Buyers

Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class

Budget 2013 -2014: An Overall Review

Budget 2013-14, announced by Finance Minister P. Chidambaram, introduces mixed measures impacting both high earners and common taxpayers, with changes in tax structures, luxury items becoming costlier, and benefits for first-time home buyers.

Budget 2013: What it offers to Indian Realty?

Budget 2013 offered limited benefits to the real estate sector, primarily aiding first-time homebuyers with tax deductions on home loans up to ₹25 lakh.

ORR Bangalore Offers Better Odds To Comm. Real Estate

Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.

Land Acquisition Bill Invites Hike in Residential Prices

India's new Land Acquisition Bill mandates landowner consent, impacting residential prices. Real estate experts predict rising housing costs due to increased compensation and project complexities.

Residential Real Estate Loses Value Appreciation: JLL

India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.

Growing Service Sector Enhances Commercial Real Estate

India's booming service sector fuels demand for commercial real estate, particularly in major cities. Despite economic slowdowns, IT, BFSI, and other service industries show strong growth, driving office space absorption to new heights.

Real Estate Investments Become Cheaper For the NRI with Weak Rupee

The depreciating rupee has increased demand for residential properties from NRIs, particularly in Mumbai. Developers are also offering discounts due to liquidity concerns, making properties more attractive.

Real Estate Investing in Pune, India's Other Growth City

Pune's real estate market has attracted significant private equity investment, primarily in the residential sector, driven by the city's IT industry growth and proximity to Mumbai.

Delhi: Homes Sells Faster Than Mumbai

Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.

Real Estate Industry Courses Lures Youths

A report by Jones Lang Lasalle highlights how Indian youth are pursuing real estate courses to enhance professionalism in the booming sector, underlining the industry's evolving demand for skilled talent.

Affordable Housing Investors finds RBI Rate Cut a Boon

RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.

Sahara, ICICI, Bhushan Steel in race to buy Parsvnath's Connaught Place land.

Parsvnath Developers is selling its prime 1.18-acre land near Connaught Place, with potential buyers including Sahara Group and ICICI Bank aiming for a deal worth Rs 700 crore.

Bangalore is just about office... office

In 2011, demand for office and retail space in Bangalore showed robust growth, with a significant contribution from the IT and ITES sectors. Experts predict an even higher demand for office space in 2012.

JLL: Residential Realty Market is set to appreciate in 6 months.

JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.