The state-of-the-art integrated terminal, called T3, of Indira Gandhi International Airport (IGIA) in New Delhi is poised to be the world’s second-largest, after Beijing in China, in terms of size. (more…)
Archive for December, 2009
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Thursday, December 24th, 2009Indian commercial real estate to bounce back in 2010
Commercial real estate is hoping for a bounce back in 2010. For 2009 though, the year is ending with a 29% decline in space absorption compared with last year, according to the annual year-end report by real estate consultancy Cushman & Wakefield. (more…)
Saturday, December 19th, 2009PWC: Indian real estate best pick in 2010
India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute. (more…)
Sunday, December 13th, 2009Vegas giant MGM to enter India
MGM Mirage, the Las Vegas Strip’s largest casino owner, is entering India with non-gaming luxury hotels as the struggling gaming and hospitality giant turns to emerging markets like India and China to get over the recession blues. (more…)
Saturday, December 12th, 2009Indian rental market difficult, but improving
The Indian rental market in India has been affected with the downturn, the market fell around 10 per cent in the last one year and only now is it slowly reviving. (more…)
Thursday, December 10th, 2009PWC: Mumbai and Delhi best for realty investment
India is among the top real estate investment markets in Asia in 2010 with Mumbai ranked second only to Shanghai as the most promising development market and Delhi at fourth, a report said here today. (more…)
Thursday, December 10th, 2009Indian office recovery by 2010 reports DTZ
Major office markets in India will revive by Q2 2010 with increased interest from tenants and a downward correction in rentals taking place, according to DTZ’s latest research, ‘The Second Coming’ issued on 10 December. (more…)
Monday, December 7th, 2009Indian govt. wants to resolve NRI property disputes
The ministry of overseas Indian affairs is bringing together real estate developers, government officials, both from the Centre and the states, and Indians living abroad in a first-of-its-kind seminar aimed at resolving property disputes in Delhi on Monday. (more…)
Saturday, December 5th, 2009Prices Increasing In Delhi Metros
Real estate values have reached new heights along Metro routes in Delhi, a study has found, revealing that a Metro station in the locality pushes up prices by at least 22 per cent. (more…)
Saturday, December 5th, 2009India to return to 8-9% GDP in two years
India could return to a higher growth trajectory of 8-9 % in two years, but it needs to invest
more in infrastructure for sustaining such growth, World Bank president Robert Zoellick said on Friday. (more…)