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Indian road sector lacks private participation

Posted On Wednesday, September 01, 2010

The sector witnessed a surge in private participation, leading to a marked rise in number of contracts awarded by NHAI to 38 in 2009-10 from 8 in 2008-09 Abysmal condition of roads in India has prompted the government to lay an increased emphasis on road development in recent times, leading to the launch of road development programmes such as the Pradhan Mantri Gram Sadak Yojna and the Special Acc....

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How to professionalise a real estate services firm

Posted On Tuesday, August 10, 2010

A truly professional firm concerns itself with building a reputable brand that wields authority, respect and trust on the market Todays property market scenario is not amenable to companies that do not present a professional image. Clients at present are far more aware than ever before, and have become savvy about the difference between specialists and amateurs. Keeping this in mind, it is impor....

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Office realty space witnessing demand uptake

Posted On Tuesday, July 20, 2010

Post-recession, demand for office space started improving across most major Indian cities on the back of steady economic recovery and low rental rates After months of depression, the commercial real estate market (especially office space segment) in India has begun to stabilise. Post-recession, demand for office space started improving across most major Indian cities on the back of steady econom....

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Modular kitchens, fast catching up in India

Posted On Thursday, July 15, 2010

Valued at around Rs 200 crore, the market for modular kitchens in India is growing by 25-40% annually Kitchens, in India, are considered to be much more than a place just meant to cook. Often, Indian homemakers are found referring kitchen as a sacred place, where everything should be neat and clean. With globalisation spreading its wings in the country, the style quotient for kitchens has gained c....

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India reflects steady improvement in global realty transparency ratings

Posted On Wednesday, June 30, 2010

Jones Lang LaSalles Global Transparency Index shows that India has surged perceptibly ahead in its real estate transparency ranking, with the countrys tier I cities currently ranked 41 among nations surveyed The 2010 Global Real Estate Transparency Index (GRETI) released recently by Jones Lang LaSalle (JLL) and LaSalle Investment Management revealed a worldwide slowdown in the progress of real est....

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Infrastructure projects: Hot picks for investors

Posted On Wednesday, June 16, 2010

Indian infrastructure projects attracted a record US$25-billion investment from private players in the first three quarters of 2009 The Indian infrastructure sector seems to be the current buzz among investors, especially private equity (PE) players. This heightened interest among PE firms helped sealing around 19 deals till May 2010, as against 14 during the corresponding period in 2009. In an ....

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Gurgaon realty on road to recovery

Posted On Tuesday, May 25, 2010

Residential as well as commercial property market in the city is witnessing signs of revival currently, following positive buyer sentiments and increasing investor interest Of late, real estate business in Gurgaon has gained momentum, following revival in demand. Investments in residential as well as commercial property is picking up in the city. In addition, the height restriction on high-rise b....

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‘Green’ hospitals: Effective solution to save power

Posted On Monday, May 17, 2010

The expenditure on electricity varies from 2-4% of the total expenditure of a hospital, thereby making power a significant expense head, points out a survey conducted by Hosmac India Pvt. Ltd healthcare is set to be the upcoming buzz in the construction industry. To ensure sterile and clean environment to patients, hospitals in India tend to consume large amount of electricity and end up spendin....

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Commercial realty finally on growth trajectory

Posted On Tuesday, April 13, 2010

According to Jones Lang LaSalle Meghraj, commercial office space absorption has witnessed a major upswing in Mumbai, Hyderabad, Bengaluru and the National Capital Region during the first quarter of 2010 The Indian commercial real estate market, which remained under the bad spell of the global economic recession for a prolonged period, is finally witnessing an upswing in demand, since the first qua....

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Soaring prices may impact property sales volume

Posted On Tuesday, April 06, 2010

According to a recent report published by Nomura Securities, rising property prices have belied the expectation that realty sales volume will continue to pick up across India over the coming months The real estate sector, which was severely hit by the global economic recession, started picking up momentum with improving demand, especially from the residential segment, during the first half of 200....

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Indian realty may be in murky waters

Posted On Wednesday, March 10, 2010

Industry experts opine that while some budgetary proposals may strengthen the financials of the sector, declarations such as levying service tax on under-construction housing projects is likely to have a negative impact on the sector Of late, rising demand is encouraging property developers to appreciate property prices, especially in prime locations across major cities in India. Many developers ....

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Retirement homes: An evolving concept in Indian realty

Posted On Tuesday, March 02, 2010

Places such as Pune, Bengaluru, National Capital Region, Kochi and Chennai are emerging as realtors favourite for senior housing projects, says JLLM The concept of retirement homes is not new, it is quite popular in the West. Industry experts opine that the desire among senior citizens to lead a relaxed life in a tranquil atmosphere post retirement has given birth to this exclusive concept. Of lat....

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Changing phases of Indian housing finance sector

Posted On Wednesday, February 10, 2010

Rising disposable income, increasing real estate prices and benign interest rates facilitated the Indian housing finance sector to witness a 56% rise in CAGR during 2003-07. Mortgage penetration levels in the country slowed down from 2008-09 onwards, following skyrocketing property prices, high interest rates, economic meltdown and withdrawal of investors from the market, says Kamal Bhansal, regi....

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