10.2 million houses in urban India lying vacant: CBRE

Last Updated: Wednesday, April 29, 2015, 12:19

Even as the country faces a shortage of 19 million houses, around 10.2 million completed units are lying vacant, which can be absorbed under rental housing programme for weaker sections, says property consultant CBRE.

CBRE to buy Johnson Control's real estate biz for $1.47 bn

Last Updated: Wednesday, April 1, 2015, 17:55

Real estate consultancy firm CBRE has entered into an agreement to acquire Johnson Controls' work space solution business GWS for USD 1.475 billion in an all cash deal.

Office leasing down 15% in February

Last Updated: Sunday, March 22, 2015, 12:24

Pune and Delhi-NCR also saw strong transaction activity during February, it added.

Office space absorption rose 10% in 2014: Report

Last Updated: Monday, January 5, 2015, 19:13

The demand for commercial office space was sustained throughout the year, registering an year-on-year growth of 10 percent over 2013, the report said.

'Connaught Place 6th most expensive office location in world'

Last Updated: Tuesday, December 30, 2014, 17:22

Connaught Place in the Capital city has become the world's sixth most costliest office destination, moving up two positions from eighth rank earlier, property consultant CBRE said Tuesday.

Indian realty market sees $4.5 bn investment during Jan-Sep:CBRE

Last Updated: Thursday, December 4, 2014, 20:42

Country's real estate market attracted investments worth nearly USD 4.5 billion during the January-September period this year, with Mumbai receiving a significant part of it, says a report.

Asia to invest over $150 billion in real estate globally

Last Updated: Friday, October 4, 2013, 13:36

Asian institutional investors are looking to invest over USD 150 billion in global real estate in the next five years, with a focus on cities like Dubai, London, New York and Sydney, according to a new research.

Realty sector can double its share in GDP to 13% by 2025: CBRE

Last Updated: Friday, August 9, 2013, 19:20

The realty sector can more than double its contribution to GDP to 13 percent by 2025 on rising housing demand, if the government removes bottlenecks in infrastructure, lowers borrowing cost and makes process of approvals shorter, global property consultant CBRE said.

Office space absorption up by 17% in Jan-Mar quarter

Last Updated: Friday, April 12, 2013, 21:08

Office space apsorption rose by 17 percent to 6.6 million sq ft in the seven major cities of the country during January-March quarter, according to global property consultant CBRE.