The redevelopment segment is on an upturn due to large number of deals being negotiated, but the overall situation remains uncertain, Knight Frank India said, adding that the trend of excessive incentives can render projects unviable.
Watch the interview of Gulam Zia, ED, Knight Frank and Amit Kumar Agarwal, Co-Founder & CEO, NoBroker.com with Surabhi Upadhyay on CNBC-TV18, in which they shared their views on the realty market and the new Real Estate Regulation and Development Act.
Speaking to CNBC-TV18 Gulam Zia, Executive Director of Knight Frank said that demonetisation was the last nail in the coffin.
This week Money Money Money turns the spotlight on real estate. Will property turn out to be a worthwhile investment in the coming year or are you better off without it? Gulam Zia, ED of Knight Frank and Kartik Jhaveri, Financial Planning Expert answers all of these questions.
The Maharashtra government has announced a premium for additional floor space index (FSI) availed by developers for construction. Gulam Zia of Knight Frank, Pujit Aggarwal of Orbit Corporation and NM Gattu of DB Realty discuss on the implications of the move.
International property consultant Knight Frank waves the red flag says invest in Indian real estate with caution. Gulam Zia, ED of Knight Frank India warns investors to not expect quick returns.
Siemens Ltd, have put 12 of its apartments on the block that are spread across Andheri, Juhu, Bandra, Dadar, Chembur and rest on the western line. They are 2-3 BHK apartments, sizes of which vary though largely in the range of 800 sq ft to 1500 sq ft.
In an interview to CNBC-TV18, Dinesh Gupta, COO of Ansal Properties and Gulam Zia, ED of Knight Frank spoke about the outlook for the real estate market.
Gulam Zia, Executive Director of Knight Frank believes realty prices have seen an increase of about 10 percent in the last one year in the backdrop of lesser ready to occupy flats.