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Tier 2 cities becoming growth drivers of retail in India
Updated : 1 year, 10 months ago IST
India's Tier 2 cities are emerging as key players in the country's retail sector, with Lucknow particularly standing out, commanding an 18.4 per cent share of gross leasable area, according to a report by Knight Frank India, a property consultancy firm.
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E-tailing sector in India projected to grow at 18 pc by 2028-29: Report
Updated : 1 year, 10 months ago IST
Electronic retailing (E-tailing) is the sale of goods and services through the Internet.
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Delhi's Connaught Place yielded highest rental growth among Tier 1 cities,
Updated : 1 year, 10 months ago IST
Connaught Place in Delhi-NCR marked a 33 per cent year-on-year growth in rental rates for high street retail space, the highest amongst the tier 1 cities. Delhi's Connaught Place was followed by two high streets in Bengaluru -- Hennur Main Road and Commercial Street with 20 per cent and 17 p
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At 87%, Indian brands are dominating retail businesses on highstreets: Kni
Updated : 1 year, 10 months ago IST
Indian brands are dominating the retail market landscape on high streets. As per a report by Knight Frank India, a property consultant, as high as 87 per cent of stores on high streets are occupied by Indian businesses, as these are focused on meeting local preferences.
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India: Ghost shopping malls surged 59% in 2023, 16 retail centres shut acr
Updated : 1 year, 10 months ago IST
In 2023, there has been a sharp rise in low-performing shopping malls with approximately 13.3 million square feet of retail space categorised as 'ghost shopping centre', a 59 per cent year-on-year surge.
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India emerges as offshoring hub with growth in office leasing: Knight Fran
Updated : 1 year, 11 months ago IST
The report highlights that Indian Offshoring market has evolved itself as a significant occupier in India's office space with leasing over 46% of office space in 2023. In India the Global Capability Centres (GCCs) emerged as the primary offshore occupier.
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Indian real estate to surge to USD 1.5 tn BY 2034: CII-Knight Frank report
Updated : 1 year, 11 months ago IST
This growth trajectory is anticipated to bolster India's economic output, with the real estate sector poised to contribute 10.5 per cent to the nation's GDP by the same year.
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Q1 2024 office market skyrockets, residential sector hits 86,345 units sol
Updated : 1 year, 11 months ago IST
This marks 43 per cent year-on-year (YoY) growth in Q1 2024. Bengaluru led this charge, securing the top position with 3.5 mn sq ft of transactions, constituting 22 per cent of the total office take-up during the first quarter of 2024.
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Indian ultra-rich individuals projected to rise 50% by 2028: Report
Updated : 2 years ago IST
Individuals with a net worth of USD 30 million and above are considered ultra-high-net-worth individuals.
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India saw 15 per cent rise in office real estate transactions in 2023: Rep
Updated : 2 years, 2 months ago IST
Transactions in the office space trended up to an annual tally within striking distance of an all-time high in 2023. Real estate consultant Knight Frank India, in their latest report 'India Real Estate: Residential and Office (July-December 2023)' released on Wednesday, said a total of 59.6
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Mumbai achieves best in 11-year property sale registrations in 2023: Repor
Updated : 2 years, 2 months ago IST
In 2023, the Mumbai city area which falls under Brihanmumbai Municipal Corporation (BMC) jurisdiction, recorded total registrations of 127,139 real estate properties.
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India jumps 18 spots in annual house price movement in Q3-2023: Report
Updated : 2 years, 2 months ago IST
India climbed 18 spots up to 14th rank in the global house price index in the third quarter of 2023, data compiled by real estate consultant Knight Frank India showed.
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