Mumbai, Pune, Gurgaon, Bangalore, Chennai, Hyderabad and Ahmedabad are among the places to watch out for in 2010, according to a study by Jones Lang LaSelle Meghraj (JLLM), which has conducted an analysis of the residential markets to help to identify investment hotspots for retail investors.JLLM says that while abnormally large returns can be found in specific projects throughout the country, they have limited their analysis to India’s seven largest cities due to high residential demands from their large populations, relatively higher transparency levels and presence of premium regional and national developers. In order to round out the top 10 list they have also included three additional noteworthy cities, which have potential.Pune figures in the list because it has a huge supply of office space (with an addition of another 19 million sq ft of office space in the next three years); affordable micro-markets close to the city; oversupply only in select micro-markets and proximity to Mumbai.The study, based on the data from JLLM’s real estate Intelligence Service (REIS) examined each city’s potential across a variety of parameters including affordability, investment yield, absorption momentum, supply overhang, commercial developments, demographics and migration trends.Amidst the recent turmoil faced by India’s real estate industry, JLLM points out, the residential sector has emerged as the sloe bright spot for retail investors. Its resilience in the face of negative global cues is as much a result of the latent demand for affordable housing inn India as the large share of the Indian real estate pie that the residential sector holds.The consultant also state that as with the office space and retail malls, residential property did, to a lesser degree, suffer the effects of the global downturn in 2008 and 2009.However,unlike its counterparts the residential sector has begun to show signs of stability in many markets and even recovery in certain cities. Whether this trend will continue depends in large part on economic factors (mortgage rates, GDP growth, labour market stability)and on prudent decisions by developers on issues relating to prices and quality of product being offered.JLLM cautions that forecasting can only provide an indicative assessment of possibilities rather than absolute certainties since a considerable number of variables are acutely sensitive to changing conditions.Source: Times Property: January 02,2010займ на карту без отказов круглосуточновзять кредит онлайн