Indian Commercial Realty Market Achieving Stability

Pinecrest Real Estate Market Report 2009
Real Estate Intelligence Services (REIS) which is a division of Jones Lang LaSalle Meghraj released a report which said that stability in the commercial real estate market of India is observed with the economic recovery of India.

According to the report, although in 2010, the landscape will be beneficial for tenents, but in 2011, influence of landlords will be higher. It implies that since the office rents are beginning to hit the ground, in the coming term, they should be proactively looking to lock in attractive leases.

Abhishek Kiran Gupta, the Associate Director JLLM said in the report that the Indian commercial realty market is about to attain stability with the well going economic recovery of India.

Landscape expo in Hyderabad

Mr K Rosaiah, Andhra Pradesh Chief Minister, inaugurated the fourth International Landscape and Gardening Expo 2009. About hundred exhibitors from fifteen countries, including the US and Australia, are taking part in the event. A conference, `Plants, Places and People’, would be held at `Visvesvaraya Bhavan’ on 3rd October. It would focus on improving quality of life of the people by preserving the environment. Ms Savita Punde, President of Indian Society of Landscape Architects, would take part in the conference.