Over the last six months, the housing market in Mumbai had started showing signs of revival after an 18-month period of sluggishness beginning in the 4th quarter of 2010. The hiked Ready Reckoner rates could dampen that revival.
Our latest release Finding Real Value in a Course Correction highlights how private equity players have made a sustained change to their investment strategy & developers have modified their development mechanics to ensure value creation for their investors and partners during times of uncertainty.
With overall vacancy increasing and business and investor sentiment low, why are office rents in many micro markets in Mumbai still increasing?
Both the economy and the residential property sector are currently in a state of uncertainty. This has resulted in a rather prolonged period of vacillation and hesitancy among home buyers in India.
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division. JLL Corporate Finance will address the requirements of corporates which are not in the business of real estate to make informed decisions about acquiring, disposing of or optimally utilizing their existing real estate assets while enhancing shareholder value.