at the very Core of it all … is Content!
The Government has relaxed norms for construction of additional floors in residential flats having multiple ownerships, aiming to weed out corruption and help people get their building plans sanctioned without hassles. As per a new directive, people having right over third floor will no longer require to obtain a no-objection certificate (NOC) from the other …
Vivek Sahasrabudhe, Analyst – Research and Real Estate Intelligence Services, Jones Lang LaSalle India The economic slowdown has affected industries throughout the country. Indicators in 2012-13 such as GDP and the Index of Industrial Production signify weak performance for the Indian economy, but a recent reduction in the inflation rate and monetary easing offer some …
In India’s largest cities – namely Mumbai, Delhi NCR and Bangalore – luxury and ultra-luxury residential projects have witnessed ten-fold appreciation over their launch prices over the last decade, implying more than 100% annual returns on investment. Most of these projects saw encouraging pre-sale activity and were sold out completely very quickly. In fact, demand …
The Central Government Cabinet approved the Real Estate (Regulation & Development) Bill on 5 June 2013. The aim of the bill is to create a Real Estate Regulatory Authority and an Appellate Tribunal that will act as a watchdog for the housing sector, primarily towards protecting consumer interests while creating an alternative redress mechanism for …
Report Documents Investable Real Estate Options Offering Optimal ROI Mumbai, June 21 2013: International property consultancy Jones Lang LaSalle India released its report ‘Emerging Investment Hotspots – Mining Opportunities From the Complex Real Estate Terrain of India’ at the CII Real Estate Conclave 2013 today. Jones Lang LaSalle India, as Knowledge Partner for the Conclave, …
For retail players, stagnation and obsolescence are two sides of the same coin. Though expansion is often a challenge in a curtailed economic environment, it is nevertheless a necessary function for success. Retailers who wait too long to expand into new territories, or are content to stay where they are, are missing the growth wave …
Chennai’s commercial real estate sector has seen consistent growth over the last 10 years. The city’s grade A office stock grew phenomenally from just 3.6 million sq ft in 2003 to 51.2 million sq ft in 2013. The city’s office stock development is primarily driven by IT/ITeS sector – a sector whose phenomenal growth has …
The proposed Mumbai-Bangalore Industrial Corridor is expected to connect Bangalore City in the north-western side of the city along Tumkur Road. Since the last 7-8 years (since 2005/2006), Tumkur Road and its surroundings are witnessing significant augmentation and improvement in terms of infrastructure in general and connectivity in particular. Some of the key infrastructure projects …
Hyderabad, June 12, 2013: Hyderabad is one of the key IT destinations of India and the capital city of Andhra Pradesh. Jones Lang LaSalle India has moved in Hyderabad when the city was taking its initial steps into IT industry in 2004. The decision to enter the city was based on its promise to develop …
The Central Government cabinet yesterday approved the long pending RE Bill paving the way for providing the much needed transparency by seeking to regulate the hitherto largely unregulated housing sector in India. By applying this bill on all projects over 4000 sq mtrs in size, the ambit if quite large and seeks to cover all …