In Bangalore, the best performing areas in 2012 were Hebbal, Sahakar Nagar and R T Nagar in north Bangalore. These locations saw the highest demand and appreciation during the year.
Jones Lang LaSalle India says growth was skewed towards suburban and emerging locations as opposed to city sub-markets in 2013.
Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, tells Business Standard that high prices and hardening of mortgage rates may act as a dampener.
High returns are a lure for investment in office space, but both loan-to-value and tenures are lower.
Though Dubai has great infrastructure, the decision to purchase should be delayed by another four-five weeks.
Demand for Grade A office space is rising across the country.
A good number of seniors today are independent, financially stable.
In the NCR region, a significant number of residential projects in areas such as Noida have been delayed because of disputes with regards to land acquisition.
JLL study reveals 30,501 out of 44,032 units fall in this ticket size.
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Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians, expatriates and now, even domestic investors.
The earlier ambiguity over bifurcation of the state had affected the real estate business.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
High interest rates and prices mean low affordability. Also, developers have huge inventories.
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Across the country, residential projects offering deals have risen 45-50 per cent in the run-up to the festive season and may double further by Diwali and the year-end as realtors attempt to clear piled-up inventory.
Mumbai developers are battling high inventory.
Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
The revival in Mumbai's property market could help the group.
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As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones
The deal for 800,000-square foot plot in Gurgaon's Infospace Tikri SEZ is likely to improve real estate absorption rate, which has seen some upside recently.
The Bill will facilitate setting up real estate regulators.
There is also scope for buyers to negotiate for discounts.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
Indian property markets are not in the pink of health.
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
With a stable government at the Centre and the a renewed sense of confidence among the industry, there is expectation that there will be more demand for office space.
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, suggest analysts reports.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
South Mumbai's Bhendi Bazaar is all set for a much-needed transformation.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
These projects are targeted at financially well-off and upwardly mobile Indians.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
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