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Knight Frank India

Realty worsens in last 6 months; stakeholders hopeful

Realty worsens in last 6 months; stakeholders hopeful
In one of the first real estate sentiment indices, Industry body FICCI and residential and commercial property consultancy, Knight Frank India have concluded an overall negative sentiment for realty across all zones including the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR). The index further cited that the mood have got worse than what it was in the last [...] Continue Reading »

Real estate bill causes distress to developers

Real estate bill causes distress to developers
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »

Vadgaon-Budruk locality witnesses new construction activity

Vadgaon-Budruk locality witnesses new construction activity
Pune- There are about three to four new projects coming up and a few on redevelopment basis focusing only on 2bhk and 3bhk apartments in the Vadgaon-Budruk locality, located in Western Pune. The new construction activity in the residential segment is in the range of Rs 2,300-4,500 per sq ft. and the area has witnessed [...] Continue Reading »

Chennai office market boosted by diverse sectors

Chennai office market boosted by diverse sectors
Chennai office market has changed in nature as it has shifted from being absolutely IT/ITES dominated to more diversified occupier base. According to a survey by Knight Frank India, emergence of newer sectors have boosted the city’s office market.  Although IT/ITES sector continues to be affected by economic constraints, leasing levels should remain firm and [...] Continue Reading »

Demand for new affordable segment stable in Kolkata

Demand for new affordable segment stable in Kolkata
Real estate advisory firm Knight Frank, in its latest report, has mentioned that despite a dip in the number of new launches in Kolkata’s residential market last fiscal, it has not affected demand for the affordable and mid-segment housing. Kolkata’s residential market is expected to remain stable for the coming quarters of 2012-13. There has [...] Continue Reading »

Chennai commercial space decilne

Chennai commercial space decilne
Chennai commercial space seems to have taken a hit due to uncertain global market conditions. According to Knight Frank India, the Information Technology(IT) sector has witnessed a decline on the use of commercial office space in Chennai. The office market in Chennai is predominantly covered by the IT and IT-enabled services sector. In the first [...] Continue Reading »

Banks cutting down on lending to real estate sector: Knight Frank

Banks cutting down on lending to real estate sector: Knight Frank
Real estate consulting firm Knight Frank in their latest report entitled ‘Economy & Realty @ Glance’ for August 2012, has stated that banking institutions have cut down on their lending to the Indian real estate sector. The report says that the waning interest of the banking sector towards commercial real estate lending has been reflected [...] Continue Reading »

Indian real estate market to be stable: Knight Frank

Indian real estate market to be stable: Knight Frank
Global property consultancy services firm Knight Frank states that Indian property market is expected to remain stable in the near future. As compared to falling realty market in European countries, Indian market has been predicted to have a smooth ride. Even as prices in some of the international markets may fall 10-20 per cent in [...] Continue Reading »

Mumbai witnesses surplus new launches

Mumbai witnesses surplus new launches
Mumbai has witnessed new launches of around 3,600 units in the recent April-June quarter which is more than twice the number of 1,700 housing units launched in January-March, said Abhishek Kiran Gupta and Gagan Agrawal of Bank of America Merrill Lynch. The Mumbai real estate is lagging behind for past one year owing to which [...] Continue Reading »

Is there no end to real estate woes?

Is there no end to real estate woes?
The real estate sector has been lying low due to lesser cash inflow in both the commercial and residential segments, hoping that there will be a change in liquidity levels soon. The macro-economic factors such as high interest rates, high land costs, etc. which have a direct effect on the sector, seem not to improve [...] Continue Reading »



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