Sales in eight markets declined 4% to 84,827 units in the March quarter and launches were down 2% at 94,855 houses
A report from Knight Frank India shows that 3,48,207 homes were sold across the top eight markets in India for the year, down from 3,50,612 units in 2024
Strong home sales in the premium segment at elevated prices dominate the real estate landscape, but growth rates are coming off
Cumulative office stock across top eight Indian cities stood at 993 million sq ft in the first half of 2025
In its projections, Knight Frank said that the number of high net worth individuals in India is expected to reach 93,758 by 2028.
In 2022, GCCs held around 26% of the real estate in India, while that of IT companies stood at 16%.
Among small shopping centres, with an average leasing area of 100,000 square feet, 132 are on the verge of turning into ghost malls – with the vacancy rate rising to 36.2% in 2023 from 33.5% in the previous year, the report said.
In March 2024, the registration of properties stood at 14,145 units.
In February, 45 percent of properties in the price category of Rs 25 – 50 lakhs making it the single largest category of property registered in Hyderabad.
Real estate consultant Knight Frank in association with realtors' body CREDAI's Tamil Nadu Chapter on Monday released a report 'Tamil Nadu: Unveiling Economic Dynamism and Future Potential'.
A total of 14,607 units were registered last month, up from 13,694 registrations in November 2022, the data showed.
According to Knight Frank’s Attitudes Survey, almost one-fourth of the Indian ultra-high net worth individuals had cited to invest in healthcare related assets in 2023.
Real estate consultant Knight Frank India on November 1 released Prime Global Cities Index Q3 2023' and said Mumbai, Bengaluru and New Delhi recorded an increase in average annual prices of prime residential or luxury homes in the July-September period.
According to the Knight Frank India report, in the next 25 years, there will be an estimated 230 million units of housing requirement in India.
S&P Global on Thursday projected the Indian economy to grow by an average annual rate of 6.7% to March 2031, driven by manufacturing and services exports and consumer demand, despite short-term challenges from rate hikes and a global slowdown.