NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today it is expanding its coverage into Mumbai, India with the signing of Sure Shot Suggestions ( India ) Pvt. Ltd. The firm will now operate as NAI Sure Shot Suggestions.
New NAI Global Reports Compare Commercial Property Prices, Trends & Business Practices in International Markets
NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide, today announced the release of two new reports for corporate decision makers and investors that highlight global commercial real estate trends and provide insight into transaction and occupancy practices around the world.
NAI Global’s 2011 Global Property Prices & Trends report provides key demographic highlights along with current rental rates and investment yields for 140 global markets. The report provides prime net rental rates, investment yields and rental rate comparisons by property type for Office, Retail and Industrial properties.
The 2011 NAI Global International Property Guide provides insight into key local business customs and practices for 60 countries More >
The Central Government of India has relaxed the stringent Coastal Regulation Zone (CRZ) rules for Mumbai and Navi Mumbai. This relaxation has given new hope to the new airport proposed near Panvel in Navi Mumbai.
The ministry has issued a draft CRZ notification that, in the city’s coastal area housing will get exemption if supported by public finance. The rules for the country’s 7500 kilometers-long coastline divides the shoreline into four zones and in the CRZ II areas in the city, slum rehabilitation schemes and redevelopment of dilapidated building will be allowed. Such redevelopment can be undertaken directly or through joint ventures. However all open spaces in Mumbai which fall in CRZ II areas will be No-Development zones.
Based in Mumbai, Prashant Salvi is NAI Global’s Regional Director for India.
Market-Leading Firm to be the operating partner in NAI Japan
NAI Global announced today that Kirkwood Capital Advisors K.K. (“KCA”) along with the Principals of LGI Polaris Securities have acquired a significant stake in NAI Japan from Taiwan and that KCA will become the operating partner in the revamped platform. More >
Well we are officially launched now! NAI Harcourts’ operations are up and running across New Zealand and in Adelaide in Australia. We have three new websites up and we have gained a significant amount of press across the markets heralding our arrival. More >