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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

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Sell residential flat :- 2 Bhk sell in new Panvel Area/965 Sqft Built up G+7 Bldg , 4floor, fully furnished room Parking, open space available..
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Jun 02, 2017
Location :- Mauli Desire II opp. Utkarsha vidya mandir daftary road malad east * Bedroom :- 1BHK Apartments * Carpet area : - ,354 sq ft. *..
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Jun 02, 2017
Property Detail of MAULI OMKAR - II............................." Location :- Triveni Nagar, Near Mauli Sapphire Bldg, Mallika Hotel,..
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Location :- Ambewadi, Pushpa Park, Beside Western Express Highway, Malad East. * Bedroom :- 1BHK & 2BHK Apartments * Carpet area : - 359..
May 27, 2017
Project Details About the Project Live a plush city life in our sustainable, integrated township at the heart of Mumbai. Spread across 5 acres,..
May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
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Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
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FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
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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 #..
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