Knight Frank
The Tata Steel’s 25-acre land in Borivali received five bids from top corporates and developers. It is expected to collect Rs 1,000 crore for the company from this deal. According to source the top companies which are in race to acquire this land is Tata Housing, Tata Consultancy Services, Oberoi Realty, Kalpataru and Piramal Realty. [...] Continue Reading »
In a report by the property consultant firm, Knight Frank, it has been seen that housing sales in Hyderabad has seen a 4 per cent drop in 2013 to 16,500 units but volumes are expected to pick up from year-end on hopes that uncertainties will fade away with the decision to form Telangana . Knight Frank [...] Continue Reading »
Delhi-NCR: A total of 5.2 lakh residential units are under construction in Delhi-NCR of which around 1.4 lakh are lying unsold owing to weak demand, states a recent report by property consultant Knight Frank. Around 31 percent fall has been observed in the new home launches in NCR at 33,500 units during the second half [...] Continue Reading »
Good news awaiting for buyers of properties in Navi Mumbai! With the delay in new airport, the rates of properties around Navi Mumbai are going to be further down as per reports. The prices of properties in Navi Mumbai have been on a seesaw the time the airport proposal was announced. However, the buyers can [...] Continue Reading »
Private equity (PE) investments in real estate are showing an uptrend in recent times despite the slump in real estate in India. As per Real Estate Investment Market Report by consultant Cushman and Wakefield, the trend in investments has rose to 7 percent in 2012 resulting in Rs 6,200 crore. Most of the investments were made in ready income generating [...] Continue Reading »
A report by Knight Frank Research has found that Technical Group on the Estimation of Housing Shortage has claimed that India has shortage in fresh supply of properties and the number has gone up to 18.78 million in 2012. The slum population is approximated at 94.98 million in 2012 which is more as against mere 1.6 million [...] Continue Reading »
New Delhi- High property prices and rising interest rates of home loans during 2012 have brought down demand for properties in India. In the top six cities of India, the housing sales have dropped by 16 percent to around 2 lakh units in the previous year, revealed a report by property consultant Knight Frank. Many [...] Continue Reading »
According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »
Chennai- Most of the apartments located in the suburbs of Chennai have witnessed a price appreciation of over Rs 1,000 per sq ft in the last two years. In some of the areas in Chennai outskirts, the property prices have even increased by up to 75 percent. According to a report released by realty consultant [...] Continue Reading »
Mumbai- Real estate builder Royal Palms India is planning to sell four of its hotels in the city and hope to boost around Rs 2, 500 crore regarding enlargement as well as diversification in the farming industry. They have already bought 300 acres of agricultural land and planning to harvest high-paying crops, from grains to [...] Continue Reading »
