Real Estate Prices Showing Downwards Trend

In th February 24, 2008 issue of Business Today, there was an article on how real estate prices seem to be correcting and showing a downwards trend.

Mumbai: prices seem to be steady but the property registrations dropped by 8%
Delhi: prices down by 5-10 % in NCR
Hyderabad: prices down 5-10 %
Bangalore: prices down 5-10 %
Chennai […]

Strong Real Estate Demand in India

According to Cushman & Wakefield, the total real estate demand over the next five years from 2007 is expected to grow to approximately 1900 million sq. ft. across the commercial, retail, residential and hospitality segments. The bulk of the requirement being in residential segment.
Here is a detail breakup:

Type
Requirements (million sq. ft.)

Residential
1400

Commercial Office Space
265

Hospitality
110

Retail
110

 
Technorati tags: Real […]

Collection of architectural designs by top Indian Architects

Proposed 36 Storey Business Park, (VUDA) Visakapattinam by OCI Architects.

Star Temple, BHIWANI by Semac India Pvt. Ltd.

Continental Hospital, Dhaka Bangladesh by C.P. Kukreja and Associates

Securites & Exchange Board Of India-BKC,Mumbai by Hafeez Contractor

U.B.Group-Bangalore
by Hafeez Contractor

Proposed Corporate office by
OCI Architects.

[…]

Indian cities featuring in the top 100 world’s fastest growing cities

As per International Institute for Environment and Development (IIED) paper which draws on the latest urban data from the UN’s Population Division, following are the 11 Indian cities which feature in the list of 100 world’s fastest growing cities:

Faridabad
Durg-Bhilainagar in Chhattisgarh (7th ranked)
Ghaziabad
Chandigarh
Guwahati
Dhanbad
Bhopal
Aurangabad
Vizag
Surat
Asansol

Europe which used to have majority of cities in the list now has […]

Top 10 Integrated Townships destination cities in India

Business Today has published an article on the future cities of India in which they mention that integrated townships could be the answer to India’s urban problems.

 
 
 
 
 
 
 
 
(Fig: Magarpatta in Pune, source: magarpattacity.com)
The top 10 integrated township destination cities of India are:

Bangalore
Delhi-NCR
Mumbai
Lucknow
Kolkata
Jaipur
Chandigarh
Chennai
Pune
Panipat

Besides the usual metro cities there are small cities which also show up […]

Tier II and Tier III Cities to Invest in India

Following are the tier II and III upcoming cities to invest in India property:
View Larger Map
Technorati tags: Tier II Cities, Tier III Cities, India Property, Google Maps

India New Office Market Trends

According to Knight Frank, the Indian office market continues to be driven fro the thriving IT/ITeS sector. Here are their strength rankings for major cities in Asia-Pacific:
Strength rankings1. Mumbai2. New Delhi3. Shanghai4. Singapore5. Hong Kong6. Bangkok7. Sydney8. Melbourne9. Guangzhou10. Jakarta11. Beijing(Strength rankings are based on 22 separate economic, demographic and property variables.)

keep looking »