GLG News by Residential Real Estate Agents

Chetan Narain, President and Chief Executive Officer

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

India Story 2008

September 3, 2008

Real estate FDI inflow up nearly five-fold | www.thehindubusinessline.com

Everyone talks about the “India story”, this is the India Story. India is poised to grow and there is no stopping. Neither Inflation nor rising fuel prices will affect our Growth. What might affect us is ‘Greed’. Just like what ‘Yahoo’ did when they had an offer from Microsoft for a buyout. Now they have no one. I think it is important to realize the worth plus premium plus sweat equity premium but illogical figures would only scare the analysts and give opportunities for your competitors to get an edge. 

Chetan Narain, President and Chief Executive Officer

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

The Global Pie

November 21, 2007

Global players line up $25 bn for Indian realty pie | economictimes.indiatimes.com

In 2003-04, India received total FDI inflow of US$ 2.70 billion, of which only 4.5% was committed to the real estate sector. In 2004-05 this increased to US$ 3.75 billion of which, the real estate share was 10.6%. However, in 2005-06, while total FDI in India was estimated at US$ 5.46 billion, with real estate share around 16%. The projected total FDI in 2006-07 will touch about US$ 8 billion in which the real estate share is estimated to be about 26.5%. Private equity (PE) investment in India has overtaken China this year to emerge as the biggest Asian destination (excluding Japan) for PE funds. Investments have crossed $10 billion between January-October 2007 as against $8.3 billion recorded in China in the same period. Real estate and infrastructure emerged as the top sectors attracting PE investment this year accounting for half of the total PE money flowing into India through 52 deals. Out of this, real estate received $2.6 billion through 32 deals.

George Slusser, Chief Operating Officer

George SlusserChief Operating OfficerSPERRY VAN NESS INTERNATIONAL CORPORATION 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Better Homes & Gardens Real Estate Re-Birthed

October 12, 2007

Better Homes Real Estate To Be Revived by Realogy | www.realestatejournal.com

Realogy(Now owned by Appolo) recently announced a long term agreement with Meridith Corporation to license the name Better Homes & Gardens for a 50 year term.  This move allows Realogy to return to its strength of selling franchises and building a brand.  Although technically a start-up there is great brand equity in the real estate community and a fondness for the old BH&G Franchise. 

Chetan Narain, President and Chief Executive Officer

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

Advantage India- The Updated story

September 7, 2007

FDI’s Share In Real Estate Will Touch To 26% By March 2007: ASSOCHAM | www.assocham.org

A recent study published by ASSOCHAM (Associated Chambers of Commerce and Industry of India), the ‘Future of Real Estate Investment in India’, reveals that the Indian real estate market currently growing at 30 percent per annum is estimated to be about US$ 14 billion at present. It shall reach nearly US$ 60 billion by the year 2010 with approximately US$ 28 billion of this, likely be provided by foreign investments in this sector.

George Slusser, Chief Operating Officer

George SlusserChief Operating OfficerSPERRY VAN NESS INTERNATIONAL CORPORATION 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

4% Decline Of Realtors Is Only The Beginning

August 30, 2007

Realtors See Drop in Ranks | online.wsj.com

NAR is correct to classify the decline in Realtors as victims of the current housing down turn. What the article does not tell us - the decline will be beneficial for both the consumer and the remaining real estate agents.

Chetan Narain, President and Chief Executive Officer

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

Focus on Five Indian Cities

August 7, 2007

Competing Tuff, Tier I and II Cities: India Real Estate | tinyurl.com

The development of the real estate sector in India is mainly combined with strong economic growth, rising income levels and urbanization. Ever since the liberalization of the Indian economy, the urban landscape of India has changed dramatically. Initially the advantages of a growing economy and subsequent real estate boom were localized to cities like Delhi, Mumbai, Bangalore and Chennai. Going forward as these tier-I real estate markets mature, there is now a progressive feel to tier-II and III cities such as Pune, Nagpur, Hyderabad, and Cochin.

Chetan Narain, President and Chief Executive Officer

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

Reality of Realty in Mumbai

July 9, 2007

Mumbai buildings soar higer, rates drop | www.ibnlive.com

Mumbai which is often touted as the 'Manhattan of India’ is ranked seventh among the most expensive cities in the world to do business and stay in. With property prices touching all time highs, the current scenario is being questioned and is labeled as a bubble by many.

Liam BaileyHead of Residential Research and PartnerKNIGHT FRANK LLP 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Evidence of US housing market slowdown

August 4, 2006

Charlotte and Seattle Top List of U.S. Housing Market Hot Spots | rismedia.com

Results of HouseHunt US housing market survey

10 hotspot markets identified

Liam BaileyHead of Residential Research and PartnerKNIGHT FRANK LLP 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Selling your home on your own

August 4, 2006

Atlanta, Detroit, NYC Lead Nation in Residents Selling Homes on Their Own | rismedia.com

The internet has allowed the "independent home seller" to access a wider market, and allowed them to avoid estate agents and realtors.

Independent home sales - city by city results.

Comparision of results over time and by geography.

Liam BaileyHead of Residential Research and PartnerKNIGHT FRANK LLP 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Why invest in European residential property?

August 1, 2006

European Residential Investment 2006 | www.knightfrank.com

Why invest in residential property in Europe?

Investors have traditionally seen residential real estate as a low yield, low growth and over-legislated property sector
 
In recent years, however, strong capital growth, the desire for greater portfolio diversification, improved market transparency and a re-assessment of risk have placed residential property investment in a new light

This report looks at these issues in greater detail

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