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.
In the first nine months of 2023, Mumbai reported 94,383 registrations, resulting in a substantial revenue of Rs 8,389 crore for the state treasury, the highest in this timeframe since 2013.
According to the data, January 2023 is the second-best January month in the last 10 years following January 2021.
Out of the total registration of properties in 2022, 86 per cent were residential.
While currently live capacity is highest in Chennai, it could soon be overtaken by New Delhi where under-construction IT supply of 84 MW would almost quadruple its live capacity to 117 MW.
It has said that affordability is key and has suggested specific interventions needed for this.
This was despite the registration offices being closed. Property market activity is expected to resume this week. November is likely to mark a cumulative 1 lakh units for the year 2021.
Mumbai and Pune lead the sales and launches for top markets of India
Global investors are expecting the warehousing segments to emerge stronger from the crisis driven by the renewed demand from e-commerce segments due to lockdown.
New office completion recovers by 126% in Q3 2020; Four of the top eight markets witness stable or positive rent growth
Office transactions fall by 37 percent year-on-year to 17.2 mn sq ft in the first half of 2020, the steepest fall in a decade. Vacancy at a four-year high of 14.1 percent
As part of this new relationship, Knight Frank India will support the continued global reach of Delos technology and product offerings, including the DARWIN Home Wellness Intelligence platform.
Real estate is in focus as a Knight Frank report indicates that real estate launches crash to the lowest level in seven years in the first half of 2017 whiles sales volumes are down to the lowest in five years. In an interview to CNBC-TV18, Gulam Zia, Executive Director of Knight Frank spoke at length about the sector.
Guangzhou in China was first in the global list of 41 cities with 36.2 per cent price growth, according to 'Q1 2017 Knight Frank Prime Global Cities Index'.
The share of banks‘ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition R
The annual increase in the number of ultra-high net worth individuals (UHNWIs) in India is all set to double during the next decade, according to global property consultancy, Knight Frank‘s 11th edition of The R
The demonetisation drive, announced by prime minister Narendra Modi on November 8, 2016, was a major disruption for the real estate market and pulled stakeholders‘ sentiments for Q4 2016 to a new low – R
The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the demonetisation pressure, says a report.
The Reserve Bank of India (RBI), on February 8, 2017, kept its policy rate unchanged at 6.25%. This decision has been greeted with surprise, by the real estate fraternity. “While the recent demonetisation drive R
Reduction in tenure of long-term capital gains Real estate investors, who were looking for a quick exit option to switch their investment or to book profits, were often discouraged by the long-term capital gain R
Genuine buyers in the residential real estate market, appear to be holding back their purchase plans, on hopes that the interest rates would fall further and the property prices would plunge, post demonetisation, which R
Sales volume and new launches fell by 23% and 46% each in the second half of 2016, a report by real estate consultancy Knight Frank has revealed. The fourth quarter of 2016, saw a R
Taking markets by surprise, the Reserve Bank of India (RBI) governor Urjit Patel, on December 7, 2016, kept short-term lending rates unchanged, even as the central bank lowered GDP growth rate to 7.1% and R
Ashsih Gupte and his colleagues thought that they had taken the best decision of their lives four years ago, when they invested in a project in Ulwe. The developer told them that their investment R
Technologically, behaviourally and culturally, the dynamics of the real estate market are rapidly changing. Apart from the top eight metro cities, even tier-1 and tier-2 locations have witnessed considerable growth. Among these markets, one R