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.
Global real estate agency Knight Frank said in its new wealth report that in India, the individual wealth required to reach the 1 per cent threshold is $175,000, i.e. around Rs 1.44 crore. Monaco tops the list with $12.4mn, The USA is placed 5th with $5.1mn and India is placed 22nd. The question is why it needs just $175,000 to be in India's wealthiest 1 per cent while it takes 5.1 mn in the USA. Watch the video to know the entire story.
In 2022, the global population of UHNWIs declined 3.8 percent after a record rise of 9.3 percent in 2021 as the wealth and investment portfolios of the ultra-wealthy were impacted by economic slowdowns, frequent rate hikes and rising geopolitical uncertainties.
In a statement on Wednesday, the consultant said it has appointed "Shishir Baijal to its Group Executive Board responsible for the UK and global Knight Frank business".
Mumbai moved up to 22nd rank in the third quarter of 2022 from 39th rank in the year-ago period.
The supply of new residential projects also witnessed an increase of three per cent year on year at 3,912 new homes during the quarter as compared to 3,795 recorded in the corresponding period last year, the study said.
The report by Knight says rescuing these malls is imperative, given the huge amount of assets trapped within them
In its Asia-Pacific Logistics Highlights H1 2022 report, Knight Frank said Mumbai saw an annual growth of 9.3 per cent in prime warehousing rents to Rs 265 per square feet per year in the last fiscal, from Rs 243 per square feet in the previous year.
Office transactions, at 25.3 million sq. ft., translated to 107% year-on-year growth
The South Zone remains the most optimistic market with the highest score across zones in the current quarter.
Globally, 21% of UHNWIs plan on purchasing a new home in 2022; 9% of the Indian UHNWIs are planning to invest in commercial properties indirectly through REITS or debt funding in 2022
The West Bengal government announced a 2 per cent rebate on stamp duty for registration of all documents (except the documents of amalgamation of contiguous land) in its state budget in July 2021.
India witnessed a QoQ rise of 1.4 percent in house price in Q1 2021; Turkey leads the index for the fifth consecutive quarter with annual price growth of 32 percent.
The industry already has an unsold inventory of 7.05 lakh units, which would take four years for the developers to sell