New Delhi: Royal Institution of Chartered Surveyors (RICS) Global Commercial Property Survey released in India reveals that despite some improvement in the economic data and a moderation in the pace of decline in capital values in all world regions, rental expectations have deteriorated further. In the second quarter of the year RICS reported the sharpest declines in global commercial property rents in the survey’s five year history, with Singapore, Ukraine, Spain and Ireland leading the way. The decline in capital values eased during the second quarter driven by more modest falls in some emerging markets with China and India out in front. Eight percent more surveyors reported a fall than a rise in capital values in China, up from 49 percent in the first quarter. Omaxe launches limited expandable villas at Omaxe City, Bathinda Bathinda: Omaxe today launched luxurious expandable villas in Omaxe City, Bathinda. Developed over an area of approximately 72 acres, the PUDA approved township is being developed with an investment of approximately Rs 200 crore and is slated to reinvent the lifestyle of residents. The villas start at a price of Rs17.47 lakh and are strategically located amidst amenities to make living comfortable. Situated just two kilometres away from Delhi Public School and set in lush green ambience, these villas are packed with all the modern amenities. On offer are limited villas on plot sizes of 200 sq yds to 350 sq yds with an option of constructing 2-4 bedrooms. Omaxe City, Bathinda is an integrated township strategically located on NH-15 and offering locational advantages due to ongoing multifarious infrastructure developments around the city.
Courtesy : 2nd Aug 2009
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