kalyani real estate consultant

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

The Noida Authority has approved the conversion of all properties from leasehold to freehold. A final decision was taken by the authority board on November 1, after examining a report prepared by consultancy firm Ernst and Young to check the viability of such a move. The decision would now need the Uttar Pradesh government's approval. Once approved, the move could help the cash-strapped authority to earn a significant amount of funds that would be used to improve the city infrastructure.

When compared to residential renting, the profits earned through commercial renting are much higher. However, there are many factors that have to be taken into account before you decide to go for the latter.

Global alternative asset manager Apollo Global Management has bought global financial services giant JP Morgan’s real estate fund management platform in India. The deal valuation has been pegged at $300-million, and includes 15 investments across five cities.

The Greater Chennai Corporation plans to purchase a global positioning system equipment and establish a base station for measuring new properties in the city. The civic body has sought a loan of worth Rs 20 crore for this purpose from the World Bank.