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)

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.

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):

Gurgaon: 15% decrease in prices of plots
Noida: 20% dip in plot prices
Delhi: Friend’s Colony, GK I and II and Hauz Khas have seen 5-10% drop in rates
Mumbai: prices have stayed the same for the last 3 months
Bangalore, Chennai and Hyderabad: prices have remained stable

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.

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 and Kolkata: no change

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

Technorati tags: Real Estate Price Trends, Mumbai Property Price Trends

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

Technorati tags: Real Estate India, Residential Property Demand, commercial office space, hospitality India, retail India, Cushman & Wakefield

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.)

London (West End) : 329
Mumbai : 190
London (City) : 181
Moscow : 181
Tokyo (Inner Central) : 179
Tokyo (Outer Central) : 154
Paris : 127
New Delhi : 127
Dublin : 114
Hong Kong : 106

Source: (CBRE Half Yearly Survey on global rates)

Technorati tags: most expensive cities for office

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.

Technorati tags: Mumbai Office

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