Cushman & Wakefield News

he maximum inventories are in 1 and 2 BHK configurations totaling 5,87,500 units.

The global property investment market saw volumes rise 4 percent year-on-year to USD 1.5 trillion in a one year period ending June 2017.

India received a total real estate investment of USD 2.87 billion in the six cities of Mumbai, Bengaluru, Pune, Delhi?NCR, Chennai and Hyderabad, which was an increase of 100 per cent.

Housing sector witnessed 8 percent decline in new launches to 1,08,200 units in eight top cities during the last fiscal, mainly due to new real estate law and poor sales post demonetisation, according to a report.

Private equity investment in real estate fell 4.6 percent to nearly Rs 9,600 crore during the January-March period of this year even as office segment saw the highest inflow since 2009, according to property consultant Cushman & Wakefield.

The global realty investments into India rose by 3 percent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by a leading property consultancy.

With India emerging as a preferred investment destination, the country is expected to witness nearly $ 4.2 billion new capital in the realty sector in 2017, says Cushman & Wakefield.

In the top eight cities across the country, housing demand is set for a fillip. As per a report released by Cushman & Wakefield and GRI 'Revitalising Indian Real Estate: A new era of growth and investment' urban housing demand is estimated at 41.56 lakh units till 2020, as against the expected supply of 10.23 lakh units.

National capital's upscale Khan Market has slipped two position to world's 28th most expensive retail location, even as it continues to be the costliest place to hire a shop in the country, says Cushman & Wakefield.

Private equity (PE) investments in the real estate sector increased by 22 percent to Rs 28,300 crore in the first nine months of this year with investors' rising interest in the office and retail assets, says property consultant Cushman & Wakefield.

Private equity (PE) investment in retail real estate jumped over 13-fold to Rs 3,350 crore in the first six months of this year on the back of some big- ticket deals, according to a global property consultant.

Eleven small cities are likely to witness an incremental housing demand of 9.44 lakh units in next five years, property consultant Cushman & Wakefield (C&W) said on Thursday.

Hyderabad saw a maximum increase of 55 percent in net office space absorption in January-June period among eight top cities on improving business climate in the city, according to realty consultant Cushman & Wakefield.

 Launches of new homes increased by 62 percent to 4,600 units in Delhi-NCR during January-March period despite sluggish demand and huge unsold stocks, according to property consultant Cushman & Wakefield.

New Delhi: Private equity (PE) investment in real estate sector rose by 40 percent to Rs 3,840 crore in the first quarter this year as developers raised funds to meet construction cost and refinance loans, says a report.

 Net absorption of office space fell by 11 percent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report by Cushman & Wakefield.

 Demand for office space rose 19 percent to 11.7 million sq ft in eight major cities during the first quarter this year, according to property consultant Cushman & Wakefield.

The property consultant said Bengaluru recorded the highest absorption at 3.77 million sq ft during the first quarter of 2015, out of 8.56 million sq ft leased in these cities.

It was, however, up by 84 per cent over the January-March period of last year.

Nearly 24,700 units were launched during the period as against 55,500, registering a 50 per cent decline compared to January-March quarter of 2014 mainly due to lower returns on sales.