The Commune: Affordable Residential Project in Bangalore by Golden Gate Group

Posted on September 17, 2008

Filed Under New Property Launches | 7 Comments

Golden Gate Properties have launched an affordable residential apartment project in Bangalore named Commune.

The Commune - Residential Project in Bangalore by Golden Gate Properties (Source: thecommune.in)

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Donald Trump to debut in India with a 47 storey residential project in Bangalore

Posted on September 17, 2008

Filed Under India Property Residential, Real Estate Bangalore, Residential Projects, Bangalore | 2 Comments

A 47-storey branded high rise luxury residential project in the heart of Bangalore will mark the grand entry of American real estate tycoon Donald Trump in India.

It will cost a whooping 500 crore rupees and will have 16 condos and 3 duplex-penthouses each priced between Rs. 25-40 crore. The condos will have 7 bedrooms and will occupy over 7000 sq. ft. The duplex penthouses will be around 9000 sq. ft. and a sky garden of 4000 sq. ft.

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Real Estate Price Fall by 15-20% in Q1 2008

Posted on May 13, 2008

Filed Under India Property Residential | 2 Comments

The residential real estate market all across the country has witnessed a revision in price in the first quarter of 2008. The prices have come down by 15-20%.

Here are some trends (city and area wise):

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Real Estate Prices Showing Downwards Trend

Posted on February 28, 2008

Filed Under India Property Trends | 6 Comments

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.

This could be a direct effect of the stock market turmoil.

Strong Real Estate Demand in India

Posted on December 18, 2007

Filed Under India Property Trends | 2 Comments

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

 

Top 10 most expensive cities in the world to setup office in

Posted on November 23, 2007

Filed Under World Property News | 7 Comments

Office prices are touching the sky and there are two Indian cities featuring in the list of top 10 most expensive places to setup office in. Here is the list with rental rates in USD/sq. ft.)

  1. London (West End) : 329
  2. Mumbai : 190
  3. London (City) : 181
  4. Moscow : 181
  5. Tokyo (Inner Central) : 179
  6. Tokyo (Outer Central) : 154
  7. Paris : 127
  8. New Delhi : 127
  9. Dublin : 114
  10. Hong Kong : 106

Source: (CBRE Half Yearly Survey on global rates)

Mumbai is the second most expensive place in the world to setup office

Posted on November 23, 2007

Filed Under India Property Commercial | 3 Comments

According to CB Richard Ellis’ half yearly survey on global rents, Mumbai is ranked second in the world (after London’s West End) in terms of cost of office.

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