As per JLLÂ’s recent Global Real Estate Outlook, MumbaiÂ’s office space occupiers will have to face upward revisions in rents in the coming years. Compared to Q2 2015 when MumbaiÂ’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016.
FlashNews:
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IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
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Smart Buildings Summit 2015 takes off…
Buildings today are complex concatenations of structures, systems and technology. Over time, each of the components inside a building has been developed and improved, allowing modern-day building owners to select its features independently. Smart buildings go well beyond just using smart materials and protocols.
PEs prefer completed commercial properties
Industry analysts feel that private equity funds prefer to invest in completed commercial real estate projects instead of taking risk by investing in new projects. Some experts opine that funds are smartly mitigating their risks by investing in completed properties like IT parks rather than investing in projects starting from scratch