Real Estate Forum on Jll India

Latest Answer: Hey guys, But discounts by builders/developers and 3rd time Repo Rate cut by the RBI have increased significantly in the secondary transactions market and distressed real estate liquidation by lenders who have not been repaid by developers, is becoming increasingly common.

Latest Answer: Good Evening Guys, In some areas, builders are offering discounts up to 10% on the base price of a property to buyers who are serious about making purchases. Other buyers can negotiate the floor rise charges, get them waived off by the authority concerned or those who are not in hurry can book a flat of his choice at the pre-launch stage of a project at competitive prices.

Latest Answer: I think it is a good Move by Credai as it can bring down the selling price of the property. We have also seen the rising costs of inputs like cement, steel and sand over the past few years. Now, it was essential for the real estate industry to find ways to control and manage costs as sales of residential properties are standstill.

Latest Answer: It is also notable that Mumbai and Delhi NCR are struggling with inventory more than the rest of the cities. In some of the other cities like Pune or Bangalore, the balance is very much there, we don't anticipate any price correction but NCR, MMR and the border areas of several cities where too much of activity has happened these areas have grown too fast for the appetite of that area, prices should come down.

Latest Answer: Last month, JLL Segregated Funds Group had partly way out from its 1st investment made through this first fund clocking a 30% Internal Rate of Return (IRR) in less than a year's time. The fund had invested Rs 24 crore in a premium residential project of Bengaluru-based Assetz Property Group in February 2014.

Latest Answer: The consultant felt that townships would become more widespread, while the supply of luxury homes would average to put in order with the slow demand.

Latest Answer: Absolutely right Javed, JLL is India's key and largest professional services company specializing in real estate. With a large scale geographic impression across 11 cities such as Ahmedabad, Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore. They have staff strength of over 7000, the firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services including research, analytics, consultancy, transactions, project and development services, integrated facility management, property and asset management, sustainability, industrial, capital markets, residential, hotels, health care, senior living, education and retail advisory. The firm was selected the Best Property Consultancy in India at the International Property Awards Asia Pacific 2014-15.