• News by Month

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006

• News by City

  • Bangalore
  • Chennai
  • Delhi
  • Faridabad
  • Gurgaon
  • Hyderabad
  • Kolkata
  • Mumbai
  • Noida
  • Pune

• News by Category

  • NRI
  • FDI
  • Home Loans
  • Real Estate India
  • Banking and Finance
  • Real Estate Developers

« Advantage SMEs- Hire Employees Sacked from Real Estate, IT and Hospitality Sector | Home | Next 5-6 Years May Witness 60% Decline in Real Estate Prices- Edelweiss »

Real Estate India Still Promising- Jones Lang LaSalle

The Indian real estate sector may be down but it is definitely not out. Global real estate major Jones Lang LaSalle believes that the Indian market is still promising. Now the question that arises is the realty boom really over? Colin Dyer, Global CEO, Jones Lange LaSalle, said, “We find that very attractive if the Indian economy could introduce Real Estate Investment Trust (REITs) particularly if the level of leverage were to be allowed to be over 20%, which has been mooted, and particularly if foreign investors were allowed to invest in Indian REIT paper, it would be a very attractive way to provide very liquid access to real estate for Indian and international investors.”

He is very positive about India for the medium and long-term. For the medium and long-term, the Indian economy is growing even currently at 5% whilst in Germany and the US it is declining 5%. So, this is comparatively a very good economy. It is a place that we feel confident will pick-up very quickly and will grow very strongly for the medium and long-term, he stated.

News Published Under:   Real Estate India | No Comments »

Comments

Name (required)   

Mail (required)      

URL