Commercial real estate, and commercial retail properties in particular, are expected to garner support through real estate investment trusts or REITs. Pankaj Renjhen, Managing Director – Retail Services, JLL India, explores the scope of investments in retail asset through REITs in small towns and cities, beyond commercial projects in the…
Real estate market in India is evolving fast. Among the many different factors influencing the way real estate in developed, transacted and used in India, there are five big major emerging trends that have both real-time and long-term significance. Co-working Finding Favour With the growing start-up ecosystem across India, demand…
Across India, a sustained growth momentum in office space demand and occupancy is being witnessed on the back of a renewed business confidence, supporting future corporate expansion and growth. In this improving market, the Delhi-NCR office real estate market (Noida, Gurgaon, Faridabad and other localities) seems to be missing on…
Ever wondered why do real estate projects have unique sounding, often exotic, names? Developers use names such as Urban Casa, Cape Town, Le Garden, Ambrosia, Mirabilis and Megalieo for their residential and commercial projects. It is natural to wonder why certain realty projects, such as ‘Worli 1973’, ‘W54’ or ‘Three…
Over 10 million square feet office space occupied in 2015; 2 million square feet office space in under-construction projects across the seven major Indian cities for offices. Among the seven major office space markets in India, Bengaluru has the lowest vacancy levels. At slightly more than 3%, the office vacancy…