Retail space rentals getting rationalized

Published: September 30, 2008

With realty prices sliding, retailers are looking to renegotiate rentals signed in better times. In some cases, they are even shutting and relocating stores to offset the drag on profitability.
Kishore Biyani, managing director of Pantaloon Retail (India) Ltd, India’s biggest publicly traded retailer, said store rentals are down by 25-50%. “We are renegotiating the rentals [...]

Posted under News

Deepak Parekh on Indian real estate sector

Published: September 27, 2008

Deepak Parekh has been ‘Bhishma Pitamah’ of Indian real estate sector for many many years now.
He recently articulated about the Indian realty sector slowdown in a speech at FICCI real estate summit.
Here are the key aspects of his speech, where he gives a very nice 20,000 miles picture of this whole slowdown thing -

About the [...]

Posted under Indian Real Estate, Indian economy

Will US financial crisis impact Indian real estate?

Published: September 27, 2008

The recent crisis in the banking system of US is bound to impact markets and economies all over the world. But the extent and nuances would be different for every sector and every country.
How would this impact the Indian real estate market? The stock prices of Indian realty giants like DLF and Unitech have already [...]

Posted under Indian Real Estate, Indian economy

Checklist for buying a property in India

Published: September 16, 2008

Here are some useful questions to ask yourself before buying a property in India.
The issues such as price of the property are pretty obvious, and you would surely consider them. But there are a lot of intricacies that are not so obvious in first look.
If it’s a resale property -

What is the cash component? - [...]

Posted under Buying Property, Indian Real Estate