Ramesh Nair

Chief Executive Officer, India and Managing Director – Market Development, Asia, Colliers

Latest Articles By Ramesh Nair

Businesses, real estate start feeling impact of automation, artificial intelligence

In a future with an increasingly mobile and flexible workforce, the way in which companies utilize their leased office space will change drastically

Read More

A 2017 Review of Indian Real Estate and Peering into 2018

As a landmark year for the real estate industry draws to a close, it’s time to review the major events of 2017 for Indian real estate and look at some upcoming trends in 2018

Read More

A Consumer's Guide to Using MahaRERA Data

MahaRERA still does not provide information on the pricing of apartments. Also, the bulk of the data available is given project wise, making it challenging to collate and interpret it for a micro-market analysis

Read More

Liveability Quotient – A Paradigm Shift in India’s Satellite Cities

In JLL India’s proprietary research report ‘Liveability Quotient – A Paradigm Shift in India’s Satellite Cities’, 10 prominent satellite cities have been closely evaluated for their city administration practices, sustainability, and overall liveability. Several factors were identified under the broad parameters of planning, connectivity, utilities, leisure, smart governance, safety, jobs, environment, real estate performance and future scope of expansion.

Read More

Maharashtra RERA Rules to Protect Homebuyers from May 1

Among small group of states & Union Territories to notify RERA; others could miss April 30 deadline

Read More

2016 Sees Lowest Office Vacancy In 8 Years

Vacancy in Bengaluru has reduced from 14.5 per cent in 2010 to 3.8 per cent in 2016. Chennai’s vacancy has come down from 32 per cent in 2010 to 11 per cent today. Hyderabad has also seen its vacancy reduce from 15.5 per cent in 2009 to 9 per cent in 2016. Similarly, in Pune, vacancy has reduced from 17 per cent in 2009 to 5.5 per cent today. The pan-India vacancy is forecasted to increase marginally this year and remain range bound until the year 2019.

Read More

Is GST Bad News For Homebuyers And Renters?

Once GST comes into effect from July, the leasing of land and buildings - as well as home loan EMIs paid by those who purchase under-construction apartments - will attract the applicable tax rate. Depending upon the tax rate that gets announced for real estate, the effect could be higher or lower than today.

Read More