Real Estate will bounce back: Housing Minister

By Accommodation Times bureau Hardeep Singh Puri the Union Minister of Delhi (MoS) for Housing and Urban Affairs said here on October 5 that as the government has brought real estate under regulatory framework, it is likely to bounce back soon from its present state of slack. "The real estate sector has run into some problems

Over 1 Lakh Crore FDI inflow in Real Estate since year 2000

By Accommodation Times Bureau Latest statistics from Government shows that Real Estate, Construction, Township projects have received Rs1,14,638 crore (US$24,293 million) as Foreign Direct Investment (FDI) cumulative since year 2000 till 2017. Service Sector being the first and Computer and IT being the second in the list. Foreign Direct Investment (FDI) is

Pune Leads in Pre-commitment among Key Office Markets

Ramesh Nair – CEO & Country Head, JLL India By Accommodation Times Bureau For more than a year now, Pune has seen the highest pre-commitment levels among Indian office markets. In fact, in 2Q 2017, Pune’s pre-commitment activity stood at 48% that is almost half of the total supply expected during 2017. Bengaluru at39%, Mumbai at 33% and Delhi-NCR at 22% of their respective total

Investment in realty sector at $5 billion: KPMG

By Accommodation Times Bureau Institutional investors have placed up USD 5 billion so far this year into the real estate sector, mostly in commercial assets, according to KPMG. "USD 5 billion invested by institutional investors since the beginning of 2017 - a record year in the making," the consultant said in a statement. The investments are made mostly