He has experience working across diverse asset classes and markets, advising leading domestic and multinational owners, investors, and occupiers. Based in Mumbai, Ramesh will partner with Sankey Prasad, Chairman & Managing Director of Colliers in India, to lead the business.
The amenities at Whizdom Club include Whiz Café, which offers comfort food, caffeine and a protein fix to members and non-members alike. This vibrant cafe is the perfect place to work as well as unwind. Whiz Kid is a play zone, with a recreation lounge and monkey bars. The Club also has Whiz Around, which offers state-of-the-art technology and facilities such as a digital flipboard and portable furniture. Whiz Den is the Guru Zone where incubation partners and experts from the startup ecosystem can ideate and exchange experiences.
Decline in occupancies was more visible in key cities including Goa, Pune and Ahmedabad, according to the Hotel Momentum India (HMI) – H1 2019, the half-yearly hospitality monitor (for January to June 2019 period), released today by JLL Hotels and Hospitality Group.
ANAROCK research indicates that out of the total new supply in H1 2019 – approx. 1,39,480 units in the top 7 cities – over 53% (73,930 units) were launched by branded developers, and 47% by non-branded entities. In H1 2018, branded developers’ share was 52% and during H1 2016 – before DeMo and RERA – non-branded developers had a 60% share (approx. 95,600 units) of the total of 1,59,090 newly-launched units in the top 7 cities. Branded developers accounted for 63,490 units (40%) of the total supply in the period.
The first movers in any property location across the country move into the market due to affordable price point, be it Greater Noida West in Delhi NCR or beyond Thane in Mumbai Metropolitan Region. More often than not they are rewarded with sizeable capital appreciation.
Does it any way suggest that Kolkata has come up to luxury landscape and ultra luxury property pyramid due to lower ticket size. Conservative industry estimate, on the contrary, suggests that the city has been witness to 20% rise in sale of luxury properties amidst the overall slowdown.
An industry leader, Kaustuv brings over two decades of real estate industry experience. Kaustuv’s appointment as Managing Director for New Business growth in India marks his return to Cushman & Wakefield.
News Point: The RBI Governor’s concern with rising crude prices,…
JLL report finds Chennai market rising to new high. Chennai’s…
IFC, a member of the World Bank Group, is convening a voluntary, collaborative effort with leading Indian housing sector companies to form an industry-led Sustainable Housing Leadership Consortium to drive sustainability in India’s housing market with a particular focus on the affordable housing sector.