The average deal size for the commercial market across the leading eight markets in the country has increased by 10.24 per cent, from 37,976 square feet (sq ft) in 2023 to 41,867 sq ft in 2024, according to Knight Frank India.
The average deal size has grown from 37,976 square feet in 2023 to 41,867 square feet in 2024. This surge is indicative of the growing demand for higher-quality office spaces, with occupiers showing a greater commitment to longer lease tenures and making more substantial investments in their
Mumbai city, under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC), is projected to record 12,518 property registrations in December 2024, generating Rs 1,154 crores in revenue for the state exchequer, according to the report by Knight Frank.
New Delhi [India], December 27: Synergy Steels, one of India's leading stainless-steel manufacturers, commends the remarkable growth forecast in the real estate and infrastructure development sectors. According to the joint report by The Confederation of Indian Industry (CII) and Knight Fran
New Delhi [India], December 26: The real estate sector is a cornerstone of economic growth, but it often suffers from a pervasive issue: a lack of trust. According to a 2023 survey by Knight Frank, 42% of homebuyers in India and 38% in Dubai hesitate to finalize purchases due to concerns abo
The cumulative affordable housing demand in India is projected to reach 31.2 million by 2030, with the market sise estimated at Rs 67 trillion, according to a report by CII - Knight Frank India.
Mumbai has emerged as a leader in luxury property growth, ranking third in the APAC region with an 11.5 per cent year-on-year (YoY) increase in Q3 2024. This growth is closely linked to the robust performance of Indian stock markets, which have reached record highs.
Delhi-NCR and Mumbai are among the top ten markets in Asia Pacific region (APAC region), driven by demand from Global Capability Centres (GCCs) and India-focused businesses, as observed in Knight Frank APAC Prime Office Rental Index.
This marks a 5 per cent year-on-year (YoY) growth, the highest quarterly sales in the current year, bringing the total residential sales for the first nine months of 2024 to 2,60,349 units, 9 per cent higher than the same period in 2023.
This represents an 18 per cent year-on-year (YoY) increase from 16.1 mn sq ft in Q3 2023. The report highlights a strong year-to-date performance, with 53.7 mn sq ft of leasing recorded in the first nine months of 2024--27 per cent higher than the same period last year.
Registration of property sales in Mumbai city surged past 100,000 landmark in September 2024, which is recorded to be the fastest in a decade, as per a report by Knight Frank India, a real estate consultancy firm.
New Delhi [India], September 13: Luxury residential properties are increasingly in demand as a result of the growing number of people with disposable incomes across the nation. It has inversely grown into a desire to live a life encompassing living in a space equipped with opulence and perks