JLL re-enters in Residential Brokerage Biz, estimates overall revenue Rs 4,000 Cr in FY18-19

By Rohit Sharma MUMBAI: JLL, today announced to re-enter into its Residential Brokerage Business with technology-enabled advisory and transaction services to home buyers & developers and aims estimated revenue for FY 2018-19 around Rs 4,000 crore. According to an official, previous year the firm generated revenue of around Rs 3,600 crore. To scale up JLL’s

Infrastructure Status for Logistics Sector – Ripple Effect on the Affordable Housing?

By Accommodation Times Bureau Anuj Puri, Chairman - ANAROCK Property Consultants ‘Infrastructure status’ typically helps to raise long-term funds at low rates and attract significant foreign investments. The Government’s recent move to grant infrastructure status to the logistics sector is extremely progressive and will to make funding easy and cheap for companies

Pune Leads in Pre-commitment among Key Office Markets

Ramesh Nair – CEO & Country Head, JLL India 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 supply

Price Dynamics in Real Estate

By Aditya Patil &  Abhishek Sahni Accommodation Times Bureau Factors affecting the price Long term factors: A useful distinction in the demand and supply factors that drive real housing prices is between those that have a longer-term influence and those that affect shorter-term dynamics. Factors that influence the demand for housing over longer horizons

Why to Investment in II and III Tier cities in India?

By Student Submission for Accommodation Times Institute of Real Estate Management  Introduction: After incentives allocated by Finance Minister in the current Union Budget 2017-18 for affordable housing, only II and III tier cities will get benefited. All projects in these small cities will be qualify for exemptions. The end user will benefit

Residential Rent falling to 2001 level

By Accommodation Times Research Residential Rentals have been falling since last year and now have reached 2001 level. Rents in cities like Pune, Thane, Aurangabad, Rajkot, Ahmadabad, Ranchi, Lucknow, Bhubneshwar, Hyderabad, Kochi, Panjim, Ludhiana, Bhatinda, Mathura, Ajmer and Jaipur have fallen flat. Since there are huge supply and till recently, builders

Pune requires 2 million homes by 2041

By Accommodation Times Research Pune requires atleast 25 Lakhs more homes to house its growing population as identified by Regional Plan Pune 2041. The population projected for Pune city by 2041 is 8.59 million which will be more than double the existing population. Population density has increased from 10405.28 persons/ Sq.Km in 2001

Authentic Urban Statistics Now Available

By Accommodation Times News Services By Fazalahmed B. Khan Ex- Deputy Secretary, Urban Development Department, Government of Maharashtra According to the Ministry of Urban Development, Government of India, India is in the midst of transition from a predominantly rural to a quasi urban society. Urbanization in India has become an important and irreversible process, and