Arab Today, arab today 70 indian builders to participate in times realty india 2012
Last Updated : GMT 17:51:52
Arab Today, arab today
Arab Today, arab today

70 Indian builders to participate in Times Realty India 2012

Arab Today, arab today

Arab Today, arab today 70 Indian builders to participate in Times Realty India 2012

Dubai - Arabstoday

More than 70 builders across India will showcase their properties at Times Realty India-2012 event to be held on Septmber 28-29 at J W Marriott Hotel, Deira. Events organised by The Times of India Group-The leading media conglomerate, The Times of India Group’s business spam across the print , Television, out of Home , Radio and online space and Mindscape Exhibitions Pvt Ltd -India’s leading Event & Exhibitions Management Group in association with Confederation of Real Estate Developers’ Association of India (CREDAI) Kochi. M I Sait, managing director, Mindscape Exhibitions, said: “India’s Real Estate sector is expected to grow to a $180 billion industry by the year 2020 as per the Confederation of Indian Industries (CII). With rising urban population and a growing economy driven by a growing services sector, the fundamentals for the growth of the Indian Real estate industry are strong. With the Real Estate sector opening up for Foreign Direct Investment (FDI) in 2005, several foreign and domestic funds have invested in Indian Real Estate sector. Until 2010 nearly 27 per cent of all the PE investments made in India were in the real estate and infrastructure sector.” Office Commercial office space market in India is driven by the services sector. IT/ ITeS, BFSI, manufacturing, media and telecom industries are some of the industries that have contributed significantly to office space absorption in the past decade. The office market has evolved significantly in the last decades. The total office stock in the seven major cities1 is pegged at 270 million sqft. Close to 55 million sqft of office space is under construction in the seven major cities in India and is expected to enter the market by 2013. Tier I cities namely Bangalore, Delhi NCR and Mumbai will contribute to majority of the absorption. Retail Mumbai and Delhi NCR have been the forerunners in the development of the organized retail real estate in India. These two cities account for more than 70 per cent of the retail stock in the country.  Cities like Bangalore, Hyderabad, Chennai and Pune are now witnessing high activity in organized retail segment. Post the financial crisis the retail sector has laid emphasis on good mall management and various revenue sharing models have been introduced. Retailers are now focusing on leasing space in superior grade malls. The first half of 2012 saw limited supply (1.65 million sqft) of mall space in the major cities with majority of the supply in Bangalore. The year 2011 saw the completion of nearly 14 million square feet of mall space in the seven major cities.  As a result of such large supply, several developers have deferred completion of under construction malls this year in order to maintain demand-supply equilibrium. Also with the uncertainties in the macro-economic conditions and business sentiment retailers are watchful about their expansion plans. Therefore both supply as well as absorption has been restrained thereby keeping the rents stable in most cities. Tier I cities are witnessing absorption in superior grade malls. This has led to retailers willing to pay a premium for space in good quality malls due to a shortage of such spaces. No consensus has been reached on the proposal allowing 51 per cent FDI in multi-brand retail, but a positive response is expected in the short-term. Residential:Residential sector contributes to more than 80 per cent of the Real Estate sector. This sector also contributes to 5-6 per cent of the India’s GDP. While the real estate recovery in India post the global economic recession was driven by the residential sector. The residential sector currently has varied formats catering to different buyers falling under various income levels. Capital values are increasing steadily in most cities with some cities like Mumbai witnessing a strong price increase. From : Khalij

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 70 indian builders to participate in times realty india 2012 Arab Today, arab today 70 indian builders to participate in times realty india 2012

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 70 indian builders to participate in times realty india 2012 Arab Today, arab today 70 indian builders to participate in times realty india 2012

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday