A survey of 10 mega-cities across the world has revealed that Mumbai registered the highest percentage rise in property prices since 2005. The recent World Class Cities Index by London based, listed real estate adviser Savills shows that average property rates in Mumbai surged 154 per cent since December 2005
While the world continues to get rattled by man-made disasters (read ‘scams’ in India) and natural catastrophes (earthquake in Japan), good news trickled in from CONEXPO in Las Vegas where the American economy seemed to be showing a positive upswing, with a strong buyer presence making a beeline for equipment.
The conference brought together Indian and American captains of the industry to talk on the infrastructure opportunities in India.In its international avatar, ASAPP MEDIA, as ASPIRE, held a one-day conference on September 17, 2011, in New York, showcasing the infrastructure opportunities in India.
With the emergence of high-rises in Bangalore, the city's skyline is changing drastically. The IT capital of the country never had impressive skyline like Mumbai, Singapore or New York. But, with the time passing by, the real estate sector of the city has witnessed many changes and now developers are going vertical.