at the very Core of it all … is Content!
Om Ahuja, CEO – Residential Services, JLL India Bangalore has one of the fastest growing real estate markets in India, in which luxury housing is now one of the most vibrant and dynamic segments. The growing demand for luxury housing can be attributed to the rise in the number of HNWIs, the rapid pace of …
Om Ahuja, CEO – Residential Services, JLL India In a slow real estate market, selling a house can be a daunting task. Nevertheless, selling a property is sometimes necessary or desirable despite market circumstances – for instance, when the home’s mortgage value is higher than its market worth, if one has purchased another …
Om Ahuja, CEO – Residential Services, JLL India We are currently witnessing a market scenario wherein inflation and interest rates will taper down even as the GDP growth rate picks up, and selective asset classes are becoming increasingly attractive for investment. International market dynamics suggests that gold and crude oil will continue to weaken, …
Om Ahuja, CEO – Residential Services, JLL India Luxury homes in India are often offered with a very confusing set of qualifying parameters. Developers heavily promote specifications and amenities in their marketing collaterals, but fail to mention a far more critical parameter. On analyzing the unfolding luxury homes story in India, it becomes …
Luxury homes in India are often offered with a very confusing set of qualifying parameters. Developers heavily promote specifications and amenities in their marketing collaterals, but fail to mention a far more critical parameter. On analyzing the unfolding luxury homes story in India, it becomes evident that addresses and pin codes have …
A few years back, Hyderabad was offering the likes of Bangalore stiff competition for attracting office space investments. Today, the formation of a new state, a new government and a stabilized political environment are yet to instill the confidence that is needed to revive Hyderabad’s real estate fortunes. With the Telengana movement picking up pace, …
A report in 2013 labelled Mumbai as the 16th most expensive city globally in terms of owning a residential space. The southern region of the island city is seen as the most prime, with locations such as Colaba, Cuffe Parade and Malabar hills topping the price charts. Owning a home in these and similar location …
In marked contrast to other cities, the dynamics of luxury housing in Mumbai have changed dramatically over the last decade. Delhi, Kolkata and Chennai continue to have location-specific premiums, which have risen consistently. Boat Club Road in Chennai, Jor Baug in Delhi and Ballygunge in Kolkata continue as the most premium areas of these cities, …
The current market scenario clearly reflects the market mood. Developers are extending many offers to attract demand, clearly indicating that buyers are in wait and watch mode. Various press articles have been suggesting price correction for over last three quarters, but we have not seen any serious correction in prices (with a few exceptions in …
In the closed circles of large investors, we hear that that the rally of real estate as an asset started in 2003 when country’s GDP growth was hovering at 8% and inflation was at 5%. We also hear that in 2013, the trend reversed as India’s GDP growth hovered at around 5% and inflation reached …