A substantial mindshare of F&B operators has been taken up with the aim to resolve the issue of the liquor ban, and cash flows have been significantly impacted for now.
Call it a post-colonial legacy or the universal human psychology of finding foreign-sounding names more attractive, but there is no denying that Indian customer‘s psyche equates such names to better value propositions.
"In terms of to-be-sold inventory, Bengaluru stands second after NCR," said a report compiled by the Confederation of Real Estate Developers Association of India (CREDAI), Bengaluru Chapter, in association with real estate research giant Jones Lang LaSalle (JLL) here.
Number of transaction and the average office lease size both has gone up when it comes to commercial real estate, whereas residential units sales remain sluggish
In terms of units though, the proportion of completed-yet-unsold inventory is only 3.5% of the total – across Mumbai, Thane and Navi Mumbai.
One of the major reasons behind the fall in rentals is the shift in demand from Mumbai‘s CBD to the secondary business districts (SBDs) in its suburbs.
Watch the interview of Ashutosh Limaye of JLL India and Aliff Fazelbhoy of ALMT Legal with Sumaira Abidi on CNBC-TV18, in which they shared their reading and outlook on proposed rental laws in Maharashtra and property in general.
The development plans had many errors in mapping the existing land use plan, heritage structures were missing or their use was erroneously captured. These errors should be removed and the DP should chalk out a plan for future.
Fadnavis superceded several state leaders, to become one of Maharashtra's youngest chief ministers, and now the 44-year-old has his task cut out.
The ASSOCHAM predicts that the Indian retail sector is poised for 15 percent year-over-year growth over the next five years through 2018.
Ashutosh Limaye of Jones Lang LaSalle India explains on how changing trends in office spaces have led to shedding of tags associated with cities in the country.
Does this yield variation in Asian cities clearly reflect the risk-return trade-off? The World Bank‘s Registering Property index (part of its Doing Business index) provides some insights.
The Real Estate Bill will definitely impact developers, but on a positive note, it will help customers against unscrupulous developers. On a negative note, it will make land aggregation for large projects even more difficult, said Rohit Poddar, MD, Poddar Developers.
Shares of real estate companies may have taken a pounding, but real estate itself remains a good investment bet, says Ashutosh Limaye, local director (India) at Jones Lang LaSalle, a property consultancy firm.