Category «Features»

Indian Residential Sector

Residential real estate remains the focal point of Indian real estate, regardless of market conditions. Considering the massive demand for homes in the country, this is hardly surprising. However, demand does not equal absorption in a price-sensitive country like India, where the greatest requirement for residential properties stems from the EWS and middle-income group. The …

Economy Empowers Employees to Quit: Nellie Akalp, CEO, CorpNet

2014 Shows Surge in New Business Startups and Consumer Confidence The economy is steadily on the rise and so is the rate of people quitting their jobs.  According to CorpNet.com, that coincides with a steady increase in small business startups over the years and major upswing this month. Unemployment is at a five year low and the …

A call to nurture Global Harmony – Leela Rani.Dondapati

“Everything in this universe has a purpose and we have a higher purpose. Recognizing that and valuing life is what is harmony,” said Ms Bhanumathi Narasimhan, Chairperson of the International Women Conference, 2014 that concluded on Sunday at the Art of Living International Center, Bangalore, India.   Her Excellency Dr. Husn Banu Ghazanfar, Minister of …

Residential Real Estate – The Policy Effect: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India

Post the 1991 liberalization policy, India began to welcome various multinational corporates that were seeking permission to commence operations locally. Being the financial and commercial capital of India, Mumbai was the first city to witness a significant influx of large multinational firms. By 1994-95, real estate prices in the city increased to a point where …

A New Multilateralism for the 21st Century: the Richard Dimbleby Lecture: By Christine Lagarde, Managing Director, International Monetary Fund

London, February 3, 2014 As Prepared for Delivery Good evening. It is a great honor to be invited to deliver this year’s Dimbleby Lecture, and I would like to thank the BBC and the Dimbleby family for so kindly inviting me—and especially David Dimbleby for his warm words of introduction. This evening, I would like …

Property Purchase: Possession-Linked Vs. Construction-Linked Plans – Om Ahuja, CEO , Residential Services, Jones Lang LaSalle India

The current market scenario clearly reflects the market mood. Developers are extending many offers to attract demand, clearly indicating that buyers are in wait and watch mode. Various press articles have been suggesting price correction for over last three quarters, but we have not seen any serious correction in prices (with a few exceptions in …