Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.
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.
Two Indian real estate deals, Leela Kempinski Kovalam and Noida's Wave Mega City Centre, ranked among Asia's top ten in August 2011, according to Real Capital.
Global economic turmoil impacts Asia Pacific property market with rising vacancy rates and declining office space leasing.
Pacific Star is raising $2 billion for its new Asia Fund Select Concept Fund, an open-ended fund for institutional global investors targeting real estate projects across Asia.