KNIGHT FRANK INDIA

The housing property market across India is seeing substantial growth in sales volumes, driven by stable economic conditions and continued confidence, even amidst higher mortgage rates. This uptrend is led by the top eight cities, including Mumbai, ...

Mumbai, India's largest and priciest property market, has achieved a new milestone by recording its highest-ever property registrations for the month of June. In June, the city saw 11,538 property registrations, marking a 12% increase from the previ...

India's property market has heated up since the pandemic, with 2023 being the best year for home sales in at least 15 years. With about 70 mn Indian households turning eligible for home ownership over the next 10 years, there would be a requirement ...

Mumbai saw a significant rise in prime residential prices, recording the third highest year-on-year growth globally. New Delhi also saw an increase, while Bengaluru experienced a slight drop. Mumbai's growth was driven by strong demand for higher va...

While property market dynamics play a big role in effecting this decision, equally important is your personal financial situation and lifestage. There are other factors to consider. If you are thinking of buying a house, here the key things you need...

Mumbai, India's commercial capital, has recorded its best performance on record for real estate deals in May, driven by brisk sales and high demand despite increased mortgage rates and rising property prices. The Mumbai property market saw over 11,9...

The country’s commercial capital witnessed more than 11,917 property registrations during the month, up 21.3% from a year ago. The performance led to the state exchequer fetching revenue worth over Rs 1,029 crore through stamp duty collection, up 23...

The Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 reported a surge in confidence in residential and office markets, attributed to stable economic fundamentals, post-pandemic momentum, and increased transaction volumes. The Current Sentime...

Narayana Health acquires 1.2 acres of Bengaluru land for Rs 169 crore, as per Propstack data. The property, in Begur Hobli, south Bengaluru, was sold by Venture Projects Bangalore Pvt Ltd. Founded by heart surgeon Devi Shetty, Narayana Health operat...

Big retail in India needs reinvention. The mall as a massive real estate complex is an American idea that goes back to a combination of consumer boom, timescape, landscape and culture that suited the West rather than India. Mall culture is changing ...

The e-tail sector in India, expected to reach nearly USD 60 billion by the financial year 2023-24, is projected to grow at a CAGR of 18 per cent by 2028-29, according to a report by Knight Frank India. The report highlights the rapid growth of the I...

Knight Frank India's recent report reveals a notable rise in ghost shopping malls, with 64 such malls identified in 2023 compared to 57 in 2022. These malls, characterized by a vacancy rate exceeding 40%, saw a 58% increase in area, reaching 13.3 mi...

The number of such centers have risen to 64 by the end of 2023 from over 57 the previous year. Consequently, Knight Frank India estimates a loss of value amounting to Rs 6,700 crore in 2023.

In March 2024, the Kolkata Metropolitan Region witnessed a significant increase in apartment registrations, with 3,936 units registered, marking a 17% year-on-year growth, as reported by Knight Frank. The real estate sector in Kolkata has been advoc...

In March 2024, the sales registrations for properties priced at Rs 1 crore and above increased significantly to 16% in March 2024 from 10% in March 2023. However, the real estate market in Hyderabad witnessed the maximum number of property registrat...

India's offshoring market dominates office space leasing, comprising 46% of total leasing in 2023, led by global capability centers (GCCs). With a 26% rise in leasing volume, GCCs are pivotal, fostering over 1,580 centers. India's unique proposition...

India's office space demand surges, fueled by GCCs and the IT sector. Predicted 1.7 billion sq ft required by 2030 with 2400 GCCs. Neel Raheja emphasizes growth in Tier 2 & 3 cities. Manufacturing land value and retail consumption expected to rise.

Industry experts are of the view that the central bank may start reducing rates later this year, which is likely to provide additional support for housing sales across different segments.

In the first quarter of 2024, India's commercial real estate market witnessed robust growth, fueled by multinational companies and global capability centers. Bengaluru and Hyderabad led leasing activity, with significant contributions from GCCs. Ren...