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Investors in Mumbai flats want money back
timesofindia.indiatimes.com
[Times of India] - "Investors are not happy,'' said Pankaj Kapoor of Liases Foras, a real estate research firm. "Builders were calculating super built-up area at 100%. Now, the overall saleable area has reduced. Their entire economics has gone for a toss,'' said Kapoor.
PE realty players bet again on luxury
www.hindustantimes.com
[Hindustan Times] - Add % profit margin of the developer and you can only have luxury housing," said Pankaj Kapoor, MD, Liases Foras, a real estate consultancy. "So now you have only luxury housing coming everywhere whether it is slum rehabilitation in Mumbai or in
Google News: Mumbai realty: Relief or a warning bell?
[Moneylife Personal Finance site and magazine] - Pankaj Kapoor, MD, Liases Foras, said, “The decline in registration means that even the secondary market is not working. The primary supply already had a problem with high price, but now, even the secondary market has failed to perform.
Mumbai office shift: Is it about rentals or floor space?
www.firstpost.com
[Firstpost] - Pankaj Kapoor, Managing Director at real estate consulting firm Liases Foras, also says that Mumbai is indeed facing a demand crunch. Since BKC and Nariman Point office rentals are at par— Rs a sq feet— corporates are shifting base to the
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