Knight Frank Research
The upcoming 2015 will be no different than 2014 in case of residential segment of real estate firms. Atleast things will be same in metropolitan cities and single tier cities. The things will continue this way unless the property developers are thinking to cut down prices to certain extent where it is reasonable for buyers [...] Continue Reading »
Delhi-NCR- In terms of commercial real estate, Delhi-NCR is expected to beat other places with mounting real estate rates compared to other prime commercial destinations. Connaught Place in New Delhi stands in the world’s fourth most expensive office location, revealed a recent report by Cushman & Wakefield, which ranks locations across 63 countries to compare [...] Continue Reading »
Knight Frank Research, a property consultancy firm, analyzed residential market comprising projects with a sales potential of above Rs 30 crore in Mumbai Metropolitan Region. Their analysis shows that Mumbai real estate market for high-end homes has stagnated during financial year 2012. Absorption numbers for high-end homes in 2011-12 are estimated to have dropped by [...] Continue Reading »
The Mumbai apartments sale in the financial year 2012 dropped by more than 60% from its peak in 2007 and 35% from 2011. The city’s real estate market has stagnated with only 45,000 apartments sold in the Mumbai metropolitan region (MMR) during 2011-12, well below the market average of 80,000 units annually. A report released by Knight Frank research [...] Continue Reading »
Property sales has witnessed a quiet all time low in the couple of years. Yet in this scenario, affordable homes also did not do any magic on the buyers’ buying spree. Hike in property prices and higher interest rates can not be blamed alone. There are other reasons like difference in buyer preferences or high [...] Continue Reading »
