India has nearly 11.09 million vacant urban housing units, of which 10 states and union territories (UTs) contribute to 78% (8.64 million) of total vacancy levels, says a report titled ‘Institutionalising the Rental Housing … READ FULL STORY
Senior citizen Sitalakshmi Nair, a resident of Coimbatore, moved into a rental flat in Mumbai’s Matunga, to live in the same housing complex as her son. However, owing to the high rental in the … READ FULL STORY
The current demand for purpose-built student accommodation (PBSA) across India totals more than 8 million bed spaces – a figure which is expected to grow at a rate of around 8% each year, to … READ FULL STORY
The market dynamics for the residential luxury segment, are different from other asset classes, primarily due to the target end-user segment and their expectations from such assets. Owning a prime piece of residential real … READ FULL STORY
Mumbai recorded the third-highest growth in annual household incomes at 20.4% over a five-year period from 2014 to 2018, according to the inaugural issue of Knight Frank’s global report, ‘Urban Futures’. The growth in … READ FULL STORY
In the past many celebrities like international football star Zinedine Zidane; actors Priyanka Chopra, Aishwarya Rai Bachchan, Deepika Padukone, Shah Rukh Khan, Akshay Kumar and Twinkle Khanna; cricketers MS Dhoni, Sachin Tendulkar, Virat Kohli, … READ FULL STORY
Mobility of students in India is increasing and it is common to see students moving to different cities, for higher education. However, there remains a dearth of good hostels and other amenities, to accommodate … READ FULL STORY
Sluggish sales pulled down average prices of residential properties in Kolkata by 4 per cent year-on-year, during July-December 2018, realty consultant Knight Frank India said. “In Rajarhat and the eastern micro-markets (of Kolkata), residential … READ FULL STORY
The real estate sector has a positive outlook for the next six months, on account of the stable policy environment after the introduction of structural reforms implemented in 2017, according to the ‘Real Estate … READ FULL STORY
The residential market saw some upward movement in sales velocity in 2018 but the year stopped short of a significant recovery. Total sales of residential units were estimated to be 242,328, registering a six … READ FULL STORY
2018 was the best performing year, historically, for the commercial office segment, with leasing crossing 46 million sq ft, according to a report by Knight Frank India, titled ‘India Real Estate – Residential and … READ FULL STORY
Real estate is often considered as one of the best assets globally, vis-à-vis return on investments. In India, recent policy reforms like the Real Estate (Regulation and Development) Act 2016 (RERA), real estate investment … READ FULL STORY
The metropolitan and large cities in India, have several real estate micro-markets that are reasonably priced and offer good returns for end-users and investors alike. As these cities tend to have limited supply of … READ FULL STORY
