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Most of the real estate giants are hoping to bind back in the year 2010. There has been a massive turn down in the space utilization compared to last year. According to the website www.propertykhazana.com, the total utilization of space was at 27 million sq feet in 2009, compared to 38 million sq feet in the year 2008. This was primary because of the rigid attitude of the IT and BPO’s which deals with majority of commercial spaces, which will be 70% in the country.
The coming year seems to be good. According to ED, of Cushman and Wakefield, “Economic boom has encouraged the growth and development of office space in the year 2010”. Most of the companies are cautious about the growth in the year 2009, because of the economic slowdowns. In India there will be about 5 million square feet of space utilized in the next two years. Bengaluru is holding about 3 million sq feet. This indicates the growth of IT and ITES segments. IT companies are getting new contracts which will encourage them to grow in the real estate sectors.
Most of the markets has seen approx 25% downward trend in the field of rentals in the year 2009. The last three months rentals have shot up, except in some locations in Mumbai. Delhi also saw a turn down from 4% to 27% during the year. As per the source of www.propertykhazana.com , Gurgaon is expected to see a great fall in the rentals. Most of the major cities actually recorded 53 million sq feet of new office area supply.
Most of the corporate houses are venturing to buy and leasing property on a regular basis. The promoters are also realizing this. Furthermore, in the coming years all this is going to change. Please visit the website www.propertykhazana.com for more updates.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Sep 21, 2016
2 BHK APARTMENT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar , Navi Mumbai. # Sector : 20 # Area : 1055 sq ft # Cost :..
Sep 14, 2016
For Sale – Spacious 1 BHK Flats in Prime Location of Borivali East Project : Triveni, a project by Atul Corporates. Structure comprises of..
Sep 08, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 # Parking..
Aug 28, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 #..
Aug 27, 2016
For Sale – Luxurious 3 & 4 BHK Flats in Prominent Location of Matunga East Mody Kunj in Matunga East, near Kings Circle is a..
Aug 17, 2016
# Location : Kharghar , Navi Mumbai. # Area : 1000 sq ft # Cost : 8500000 # Parking : 1 Covered # Bed : 2 Bedroom # Balcony : 2 balcony #..
Jul 25, 2016
Primo is one of the residential developments of Ceear Realty, located in Mumbai. The project is designed by Architect Hafeez Contractor. It offers..
Apr 06, 2016
This 1 bhk flat is a specious flat with all modern amenities like gym, Swimming pool, Children play area etc.This flat has a west facing and a..
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Apartments, Flats and Property for Rent in Mumbai

Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
Aug 11, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 835 sq ft # Rent : 13000 # Deposit : 50,000 # Parking : open # Balcony : balcony #..
Jun 23, 2016
1 BHK flat for rent at kharghar Location : sector - 12 Area - 559.00 Rent - 15000 Station, mall, colleges at reachable..
Jun 21, 2016
Amazing flat at kharghar for sale..
Jun 04, 2016
A spacious and unfurnished 1 bhk apartment for rental in mayuresh residency situated opp. Asian paints, Lbs marg, Bhandup west. This flat is..
Dec 09, 2015
Fully Furnished Condo in Royal Palms, Goregaon East. Area : 344 sq.ft., Rent : Rs.11000/-, Deposit : Rs.30000/-, Flat is on 3rd floor out of 7..
Oct 15, 2015
Unfurnished Property Description Elegantly unfurnished 1 bhk apartment in luxurious and excellent apartment makes a definitive statement in..
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