Asia Pacific office markets resilient but not immune to euro crisis: DTZ
Asia Pacific office markets may be resilient but definitely not immune to the euro crisis, says the latest report of DTZ.
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DTZ Research: global debt funding gap down 27% to US$142 bn in last six months
The global debt funding gap is estimated to total US$142bn over the next three years (2012-2014) according to latest research from DTZ.
DTZ research finds global real estate investment drop
DTZ Research estimates that US$316bn of capital will be available to invest in global real estate in 2012, a 4 per cent decrease on its previous estimate at the end of 2010.
DTZ predicts 2 lakh houses to be developed in NCR in 3 years
About two lakh houses are likely to be constructed in the National Capital Region in the next 2-3 years, notwithstanding the recent land acquisition crisis in Greater Noida.
India Property invests Rs. 120 crore in Ramprastha’s Gurgaon project
Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs.120 crore.
First time home buyers: Prone to be sorry than safe
In the real estate market consumer activism in India may have been high in recent times, but consumer awareness is pretty low. Most of the first time home buyers even fail to differentiate between what they want and what they need in an apartment, forget about their knowledge with regard to legalities and necessary checklist. The mismatch between developers’ offerings and buyers’ perception is a critical missing link leading to an impression gaining ground that the developer has not fulfilled his promise.
Realty hopes new governance to end policy logjam & funding crunch
Track2Realty Exclusive: To say that the Indian business community in general and the real estate developers in particular desperately wanted a change in the business outlook and hence change in the government would be stating the obvious. For the last couple of years they were cribbing about policy paralysis, inflation, and negative sentiments, and hence the developers are visibly elated with the change of guard at the Centre.
Salaried real estate investors in mess as loan cost pinches
Track2Realty-Agencies: The deepening economic slowdown, rising cost of living and low wage revisions, coupled with higher interest rares, are forcing salaried professionals who had earlier invested in properties to put them up for sale, say industry experts.
Prescription for realty pain-Deregulation-III
Track2Realty Exclusive: A single window clearance cell, akin to the Security and Exchange Board of India (SEBI) for the securities market in India, should be established. A unified point of clearance such as this will minimize project delays by reducing the builder’s run around time in obtaining clearances.
Rebirth of integrated townships in 2013-III
Track2Realty Exclusive: Not all large developments can however, be called townships. A development comprising only budget apartments is an incomplete township. So is one that has only luxury housing. It is essential for a township to have an inclusive character.