at the very Core of it all … is Content!
Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India: Since the budget on Monday is an interim and not a full-fledged one, it is unlikely that there will be any new policy announcements. Nevertheless, the questions that the Indian real estate sector asks the government at this time are: What is the status of …
Strategic Location & World-Class Retailer Mix A Matchless Success Formula Pune, November 12, 2013: Pimpri-Chinchwad Municipal Corporation, Pune’s thriving sister city, is all set to throw the doors of its first full-fledged mall open to the public. City One Mall, an joint undertaking by PCMC’s leading development companies Rama Group and Pharande Spaces, is being …
Mayank Saksena, Managing Director – Land Services, Jones Lang LaSalle India: The newly revised Land Acquisition Bill is beneficial to land owners. The scope of minimum required approval has been increased to 80% of the affected families. This consent is mandatory only for private enterprises. Secondly, the Government’s role in land acquisition has been curtailed …
Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India: The new restrictions by RBI with regards to Indians investing in international real estate under the Liberalized Remittance Scheme (LRS) have been introduced in an effort to stabilize the rupee. This move will have medium to long term implications. Individuals who were planning to buy …
Santhosh Kumar, CEO – Operations, Jones Lang LaSalle India The decision by the Government to impose value added tax (VAT) on developers operating in the state of Haryana is likely to push the overall pricing of developed units higher. Given that this additional financial burden will in all probability be passed on to the consumers, …
Sandip Patnaik, Managing Director – Hyderabad, Jones Lang LaSalle India: The decision that has been arrived as is good for the Hyderabad real estate market, as it has been hanging fire for the last 3-4 years. This state of affairs had given rise to a lot of doubt in the minds of residential end users, …
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 …
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 …
Corporations Looking to Real Estate Purely for Cost Cutting Face Major Financial and Operational Risks SINGAPORE, LONDON and CHICAGO, April 29, 2013 — Long a go-to for corporate cost cutting, corporate real estate has turned a corner and is becoming a solid productivity driver, with CEOs starting to reap the rewards of enhanced revenue, shareholder …
Karan Khetan, Senior Analyst – Research & REIS, Jones Lang LaSalle India India is rapidly urbanizing and the skylines of the country’s metropolises are changing quickly with the building of skyscrapers and modern architecture. The smaller towns too are metamorphosing in unprecedented ways through the expansion of transportation networks, the creation of central districts and …