Latest Realty News

Air India to sell residential property abroad
May 04, 2014
DELHI: Air India has asked real estate consultancy firm DTZ to find buyers for its surplus residential real estate assets abroad to mobilise funds. “We have got residential properties at Hong Kong, Mauritius and Nairobi which we plan to monetize this year.
Large office spaces see few takers as slowdown bites
Nov 01, 2013
MUMBAI: The quantum of large commercial space leased out dipped sharply last quarter. While Delhi saw a drop of 91% sequentially and 66% over the March quarter, the trend in Mumbai was only slightly better — the fall was 50% sequentially and 62% over the January-March period. Indeed, there seem to be few takers for office space of more than 1 lakh square feet — just 1.2 lakh sq ft was rented in Delhi in the September quarter while in Mumbai the area was 2.5 lakh sq ft.
Office space leasing drops 20% q-o-q in July-September 2013
Oct 03, 2013
DELHI: The impact of the slowdown is being felt on the office market with leasing of space dropping by 20% in the July to September quarter of 2013 compared to the previous quarter, says a DTZ report. Corporates leased 6.8 million sq ft of space in the quarter.
Salaried real estate investors in mess as loan cost pinches
Sep 22, 2013
MUMBAI: 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.
‘Curbs on property investment abroad may boost premium segment in India’
Aug 17, 2013
HYDERABAD: RBI curbs on overseas property investments to protect the rupee seems to be good news for Indian real estate as capital which otherwise would have been diverted abroad will now stay in the country.
Property consultant DTZ rejigs India operations
Jul 05, 2013
DELHI: Global property consultant DTZ today said it has restructured its real estate operations in India for better client service and business growth.

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