at the very Core of it all … is Content!
Faridabad began as a pure industrial town, with the majority of employment opportunities emerging from the industrial sector. There is now a gradual shift in trend, and the service sector is now picking up in the area. Faridabad’s improved connectivity with key cities in NCR, primarily Delhi and Noida, has been favourable for its realty …
Leadership Changes Designed To Further Boost Firm’s Market Dominance Gurgaon/Chennai: 12 March 2014: International property consultancy JLL (Jones Lang LaSalle) has announced a major realignment in the leadership team for its Delhi NCR and Chennai businesses. The move will further strengthen the company’s position with regards to its established businesses in Delhi NCR and South …
The current slowdown in the Indian economy has impacted several sectors, including real estate. Apartment sales volumes have plummeted and inventories have piled up, creating an ideal environment for buyers to negotiate with developers. However, successful negotiations need to have a firm foundation of information and strategy 1. Knowledge of the current market situation Currently, …
Over the last two quarters, the residential property market in South Delhi has shown only marginal appreciation in capital values and rentals. This could have more to do with the recent upward revision in circle rates in various zones than anything else. Supply and demand dynamics in South Delhi have been more or less constant, …
Delayed delivery of residential projects has become a significant issue on the real estate market, leading to high levels of ire among customers. In terms of the average delay in delivering residential projects across India, more than 25% of the committed supply has not been able to hit the market as per schedule. The National …
Strategic Appointment towards fortifying Firm’s Leadership in Bangalore & Other South Indian Cities Mumbai, India, Wednesday 28 August 2013: Leading International Property Consultancy Jones Lang LaSalle India today announced its appointment of Juggy Marwaha as Managing Director, South India operations. Continuing to be based out of Bangalore, he will be responsible for growing the business …
Of late, Surajkund has been hyped as an attractive alternate real estate destination on the Delhi NCR map. Property prices in this location have doubtlessly seen an uptrend, and this has evinced increasing interest from end-users and investors. Though there was very limited new residential supply in this area in the past, this market has …
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, …
In India’s largest cities – namely Mumbai, Delhi NCR and Bangalore – luxury and ultra-luxury residential projects have witnessed ten-fold appreciation over their launch prices over the last decade, implying more than 100% annual returns on investment. Most of these projects saw encouraging pre-sale activity and were sold out completely very quickly. In fact, demand …
Santhosh Kumar, CEO – Operations, Jones Lang LaSalle India Sonipat And Panipat Technically, there are certain favourable factors for the realty markets of Sonipat and Panipat – proximity to Delhi and connectivity through NH1 being the primary ones. Nevertheless, these areas have not been able to position themselves as real estate hubs of any significance, …