Archive for the ‘NRI Interest’ Category

Developers in India pitch back into the luxury market with new high end projects

After ditching luxury property construction during the global recession, developers in India are again returning to the high end of the market as demand rises. According to consultants Jones Lang LaSalle Meghraj and Knight Frank India there are about 7,000 luxury apartments to be delivered within a year in Mumbai alone. ‘Real estate developers are back building [...]

International Monetary Fund warns of property bubble in Asia Pacific region

The Asia Pacific region, including Australia, is not immune from a potential property bubble, according to a report by the International Monetary Fund. While the IMF found ‘no evidence of systematic bubbles’ in the near term, it was concerned that if current economic conditions persisted, asset bubbles in the region could form in the medium [...]

Nagpur has almost 40 educational institutes in the

Nagpur has almost 40 educational institutes in the vicinity, a technically apt workforce that is available at relatively lower cost, and the city also flaunts an international airport whose work is in progress. To implement this in a more professional fashion many developers and brokers hold exhibitions and fairs abroad to attract NRIs from UK, [...]

Property Rates in Ahmedabad

Healthy wealth of Gujarat discovers appearance in total its cities, busy as they are with movement on every facades. Being primus inter pares in the middle of all cities in Gujarat, Ahmedabad is be aware of as one of the top increasing Tier II cities in the nation nowadays. The extremely sturdy ties of NRI [...]

Can Technology Help Solve the Commercial Real Estate Crisis?

In February, the Congressional Oversight Panel tasked with monitoring the government’s efforts to stabilize the financial system issued an ominous report asserting that the commercial real estate industry stands front and center of a looming crisis over the next several years. The panel concluded banks could suffer upwards of $300 billion in losses on loans [...]

Most global prop. investors eye home mkt-Colliers

LONDON, April 14 (Reuters) – A majority of global property investors plan to expand their portfolios in the next 12 months or invest only in their home countries, a survey by property consultant Colliers said on Wednesday. Eighty percent of investors said they were mostly interested in their domestic markets only, and this was predominantly [...]

JPMorgan, UBS Property Funds May Get $100 Million Investments

April 14 (Bloomberg) — JPMorgan Chase & Co. and UBS AG property funds may receive investments of as much as $100 million each from the Tennessee Consolidated Retirement System as the pension plan seeks to boost real estate holdings. The Tennessee system, with $29 billion in assets, is considering putting money in the open-ended JPMorgan [...]

China’s March Property Prices Jump a Record 11.7% (Update3)

(Adds GDP forecast in the fifth paragraph, background on Hainan in 10th.) By Chia-Peck Wong April 14 (Bloomberg) — China’s property prices rose at a record pace in March, indicating government efforts to stem gains aren’t working and more drastic measures may be needed amid concern of a bubble in the nation’s housing market. Residential [...]

Priority to Small Towns by Foreigners

Small Indian towns have succeeded in gaining much attention and interest of foreign investors than the metros and big cities. These small towns are being preferred more by the investors as far as the establishment of manufacturing facilities are concerned. A study which was government sponsored noticed that this has established linkages with suburban and [...]

Eyes Of Realtors On Latin American Mkt

The realtors of Gujarat have eyes on the Latin American market. Around 100 developers and builders of the state plan to spend a 10 day span in Argentina and Brazil to explore the realty markets of these countries. The president of GIHED, a developer body in Ahmadabad, Suresh Patel believes that the economy of Argentina [...]