PE Inflows in 2020 to be 45-50 percent lower YoY; net office space leasing could drop 45-55 percent to 21-24 million sq ft during 2020 across major cities as companies may defer expansion plans
The numbers were published as part of a JLL report released at Credai Natcon 2018, the industry body's 18th annual international real estate convention, held in Berlin, Germany, this year.
PE investments in realty sector declined during Q1, 2015 over the previous quarter due to 65 per cent fall in commercial office investments.
India's USD 135 billion tourism and hospitality industry is in the throes of a change. While rosy projections for a USD 418.9 billion market by 2022 led hoteliers to increase room capacity, an economic downturn over the past 5 years has dampened reality.
Sanjay Dutt of Cushman & Wakefield discusses the impact of the Land Acquisition Bill on the overall real estate scenario in the country. He stresses on rising costs of projects and houses as a result of the passage of the Bill.
CNBC-TV18's weekly real estate show showcases Cushman & Wakefield‘s report on commercial property trends in Pune, Bangalore, Chennai, National Capital Region (NCR).
The mood in the commercial real estate sector is downright doleful. Companies are going slow on expansion and industry reports suggest office absorption rates have declined by 37 percent this year from 2012 levels. CNBC-TV18‘s Priyanka Ghosh reports.
Home buyers are returning to make purchases despite developers announcing a fresh round of price hikes, reports CNBC-TV18's Priyanka Ghosh.
Mumbai, India's business capital, is witnessing a fall in demand for office and commercial space with transactions down by more than half since last year. CNBC-TV18's Priyanka Ghosh finds out why.