Report: Louisville's industrial real estate vacancy is at 4 percent Louisville Business First Louisville's industrial real estate market had a positive second quarter, according to a report from commercial real estate firm CBRE/Louisville.
It is very appropriate to characterize New York City as "strong." The city is resilient, its people are tough, and its spirit is indomitable.
A strong city like New York needs a strong communications network to unite its people and institutions and then connect them to the world. More than nearly any other metropolitan area, New York City has an unlimited appetite for fast, reliable, and secure networks.
The tw telecom Manhattan team is proud to serve enterprises throughout the area by collaborating with them to develop customized telecom solutions that meet their needs and solve their challenges.
In addition to tw telecom's strong business ethernet network and services portfolio, the local team's ongoing dedication to cultivating and maintaining key relationships with some of the city's top real estate firms and property managers is instrumental in their success. Key partners of tw telecom Manhattan include ABS Partners Real Estate, The Paramount Group, Newmark Grubb Knight Frank (NGKF), and several more.
tw telecom Manhattan has embarked on a number of initiatives to focus on showing how highly reliable telecommunications providers contribute to the success of the commercial real estate landscape.
tw telecom is a strong participant in instrumental city-wide programs, such as ConnectNYC and WiredNYC. ConnectNYC seeks to expand high-speed broadband connectivity throughout the city and the outer boroughs, and does so by awarding small and medium-sized businesses and organizations with fiber connectivity directly to their place of business.
Great business stories today on real estate, Cuba, nightlife Orlando Sentinel (blog) REAL ESTATE: Veteran real estate reporter Mary Shanklin has a thorough analysis of how Florida lags most other states for implementing the federal Hardest Hit...
Over the years, land acquisition has topped the list of ‘issues to be dealt with on a priority basis by a government’ to give the realty sector a major boost. The new government in 2014 will be no exception, and will keep the land acquisition issue at its focal point. For the new government, the roadmap is clear that basically land is the main bottleneck to roll out with real estate programs in the country. Boost to real estate As per the industry experts, land acquisition is the primary constraint when it comes to project implementation, which requires special attention by the new government. A number of housing and development projects have been put off in the country, owing to land acquisition woes. According to the industry ministry, the need to amend the land acquisition bill and giving a green signal to the single-window clearances will rank high in the ‘to-do’ list of the new government to inject new life in the construction sector. In a bid to kick-start the realty sector, the government may make some primary changes in the recently-enacted new Land Acquisition Act, to make acquisition of land in the industry a hassle-free and less expensive approach. In addition to it, the new government will also divert its attention on the creation of infrastructure assets, which serves as the major backbone for realty projects. The speed of implementation of the infra-projects will be, however, bank on the state governments. Housing prices might escalate Major developers and realtors in the country are of the view that land prices have hit high, leading to a rise in property prices, on account of the new Land Acquisition Bill. One of the key duties of the new government will be to change certain provisions in the new bill in a move to cut down the rising land cost and housing rates. To make matters worse, if the new bill is not amended, demand for housing units in the future will take a toll. Industry experts quote that the new government will have to prevent the burden of addition cost from falling on the shoulders of the consumers. Demand for housing projects will be adversely affected if price crosses the conventional standards. This will also erase the option of affordable housing for the lower-income groups. As for now, the wait and watch approach is the perfect step to take to see how the situation unfolds for the realty sector in the days to come.
Buyers in several tier-I cities such as Mumbai, Delhi and Pune are looking desperately for affordable housing, as property values have sky-rocketed over the past few years. Though the demand is high for affordable housing, cities such as Mumbai and Delhi are unable to cater to this segment. However, with the new government at the Centre, the hopes for affordable housing across the country seems to be renewed. Renewed hopes for affordable housing The population of buyers looking for affordable housing in the country makes up more than two third of the population of home buyers. But most of the tier-I cities have started going beyond the reach of the Indian middle class, making it increasingly difficult for the middle class to buy a house in these cities. However, with a government promising growth and development at the Centre, the hopes of being able to purchase a property in the big cities have been renewed. There are several factors that are leading to these increased hopes for affordable housing. 1) Mr Narendra Modi, the present prime minister, is known to be a development oriented statesman. As such, there are expectations of a strong and futuristic planning for urban renewal and densification. This planning would include improvement of power and water supply, infrastructure, transport networks and availability of green areas. 2) One of the key points in the manifesto of the present ruling party includes creation of 100 new cities across the country, focusing on development of infrastructure, employment and affordable housing. The present government will be expected to deliver on this promise. 3) Low-cost housing is also expected to get an infrastructure status under the present government. This makes it easier for the developers to obtain loans from banks and for a longer term. Moreover, the government is expected to grant the status only to low-cost housing. The manifesto also talks about rolling out a massive program for low cost housing. 4) There are expectations from the real estate sector for amendments in the present Land Acquisition Act makes the real estate nonviable for development of infrastructure such as roads, ports and other infrastructure. With amendments in the present Act, one may look at growing infrastructure in several cities. With these developments high on agenda for the present government, hopes are definitely high for the middle class segment that wants to own a property in the country.
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