Knight Frank India
The surge of online portals to buy various fashion accessories, consumer durable goods, groceries, jewellery etc. saw a positive curve in the last few years. It looks like that the real estate developers have taken a cue from it and now are offering services to buy properties online. Until recently, the real estate portals were [...] Continue Reading »
Since the economy is now becoming stable, and more jobs are being created, the retail therapy is increasing. In the last few years due to the global economic downturn, the population had reduced spending as the job security had reduced and the pay packets remained the same. However the spending is increasing again with the [...] Continue Reading »
It is expected that the job market will see a positive surge as IT, consultancy and e-commerce players speculate a boom in the economy which will trigger expansion plans for them. Hence there is a rat race going on amongst these players to lease and buy office space and they are expecting the stable government [...] Continue Reading »
Ceejay House in Mumbai, which once demanded the highest rents, is far more affordable today. Rents per month have plunged to between R300 and R350 per sq ft and while to the rest of the market these may be at a premium, they’re way lower than the average seen six years ago of R400 to [...] Continue Reading »
Knight Frank Asia Pacific has introduced the market’s first-ever Prime Asia Development Land Index which obtains the cost of prime residential and commercial development land in 13 major cities across Asia that consists of cities like NCR, Bengaluru and Mumbai in India. Key Takeaways Mumbai Modification in development rules coupled with increase in prime residential [...] Continue Reading »
According to Knight Frank’s Prime Asia Development Land Index, the economic capital witnessed maximum appreciation in prime residential development land. The index takes into account the cost of prime residential development land in 13 major cities across Asia that consists of NCR, Bangalore and Mumbai in India and determined that the Southeast Asian cities witnessing [...] Continue Reading »
In India for every one billionaire there were just 26 ultra high net-worth individuals whose net assets are over $30 million excluding their primary residence. While in Japan for every billionaire there were 609 UHNIs and in Brazil and South Africa the ratio was1:129 and 1:119 respectively because these markets are in initial stage. Worldwide [...] Continue Reading »
In a research report titled Economy & Realty @ Glance for March 2014, Knight Frank India, says that the sales volume in realty has declined across India. The report gives us an insight into how has this happened. The report categorically says that the sales volume of listed real estate companies across India has halved [...] Continue Reading »
According to a report released by Knight Frank India and the Federation of Indian Chambers of Commerce & Industry, the real estate market has deteriorated compared to the last six months. The quarterly report captures the suppliers’ perspective of real estate market conditions, titled the ‘Real estate sentiment index’. It explains the current sentiment as [...] Continue Reading »
Bangalore witness strong private equity interest in real estate The New Year started with a boom for the Bangalore realty market. The realty in the city is attracting private equity investments in the real estate sector. Multiple sources had been quoted as saying that many deals topping $10 million (above Rs 60 crore) have been concluded or [...] Continue Reading »
