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  • IT companies drive office space demand

    Mint, Mumbai

    February 26, 2013

    Information technology (IT) companies continue to rent and even buy office space in relatively cheap properties that are being constructed away from traditional commercial hubs even as the sector’s profit growth has slowed because of weak demand in its main markets in the US and the UK.

  • Global PEs bullish on India realty market

    February 22, 2013

    Global private equity investors are still bullish on the Indian property market, but after many of them burnt their fingers in the rush of 2006-2008, they might be more discreet this time when it comes to taking the development and execution risk in India, says Alastair Hughes, chief executive officer, Asia-Pacific at property consultancy Jones Lang LaSalle.

  • Big corporates ride weak realty market by moving to bigger offices

    The Economic Times, Mumbai/Bangalore

    February 19, 2013

    Many companies, taking advantage of a sluggish real estate market, are consolidating or moving their headquarters to bigger and better offices. Multinationals like Volkswagen, Bayer CropScience, FedEx, Pepsi-Co and L'Oreal along with Indian majors such as Cipla, Britannia and HDFC have cleverly used the market trend to save on two fronts — cost and space.

  • New growth centres for residential realty

    The Indian Express, Mumbai

    February 09, 2013

    As per the 2011 census, there are 53 urban areas with a population of more than a million each. The manufacturing, trading and services activities in these cities are the major contributors to the Indian economy.

  • Mumbai, Delhi among cheapest cities on worldwide cost of living index: Economist Intelligence Unit

    The Financial Express, London

    February 05, 2013

    Financial capitals of India and Pakistan - Mumbai and Karachi - were the cheapest cities in the world to live followed by New Delhi, according to a new survey.