Occupancy costs per workstation are one of the lowest in Indian cities as they remain to be the most affordable and attractive in the world for office occupiers. An evaluation of 215 global prime office markets by Cushman & Wakefield reported the cities based on the occupancy costs including base rents, maintenance charges and workplace densities for newly developed or occupied office space … More Indian cities continue to be the most affordable for office spaces, globally.
The well-planned city, Navi Mumbai has a growing footprint of high- end and superior corporate offices. In addition, it is interestingly emerging as a hub for Outsourcing/off-shore business too.Outsourcing services represents a segment of Business Process Outsourcing (BPO) in which companies utilize wholly-owned subsidiaries in place of 3rd party vendors. Navi Mumbai continues to have … More Navi Mumbai, The next big Business Destination
The 5 key regions of Navi Mumbai that are likely to gain due to the coming up of the NMIA are Ulwe, Kamothe, Kharghar, Taloja and Panvel. With the coming up of the airport several nodes are going to benefit, some of the nodes do not have necessary infrastructure. Success of the real estate development in these … More Impact of Navi Mumbai International Airport on property prices
Navi Mumbai in Maharashtra is among top two livable emerging cities in the country, says a study by property consultant JLL India. In it’s report ‘Livability Quotient A Paradigm Shift in India’s Emerging Cities’, the report has evaluated 10 emerging cities, including townships by private developers, for their city administration practices, sustainability, and overall livability. … More Navi Mumbai among the top 2 emerging cities in the country
Real Estate Regulatory Act (RERA) is foreseen as a game changer in the Indian commercial real estate sector with all stakeholders profiting from a win-win situation. The different stakeholders of commercial real estate are generally the developer, retail investor and office occupier. For the developer, it would mean more compliance and bringing in company and … More RERA: A win-win situation for all the stakeholders
For those looking to invest in real estate, commercial property is a better option than residential at this point of time, from the investment perspective. Since prices are under budget, you will get capital appreciation on the property value. These also offer higher rental yields than residential property. Many whole sale markets from south Mumbai have … More Best time to buy commercial property In Navi Mumbai
“Private equity Investment in India’s office assets will surge fourfold in ’17″ – Cushman & Wakefield ( C&W). Stability in the commercial office sector as well as the potential to list under REITs, are the major reasons for investors to park their funds in leased office assets. The commercial office sector has been witnessing sustained high … More Private equity Investment in India -Plan[S]
#Location There are a number of factors to consider when looking for suitable commercial real estate to purchase. Location is of Prime importance for any real estate purchase and is still the No. 1 factor.Make decisions based on the property’s previous returns, it’s location and rental yield. Find out what kinds of developments are planned … More Property Purchasing Tips – By Plan[S]