Gulam Zia, Executive Director, Knight Frank India, says Despite Mumbai’s high-end property sales, affordable housing faces inventory shortages as developers prioritize luxury projects. While price increases are plateauing in major markets, the affordable segment is poised for a comeback. Lower interest rates and the Pradhan Mantri Awas Yojana 2.0 are expected to revitalize the mid … Read more
Real estate growth: Private equity (PE) investments of $3 billion was recorded in the first half of 2024, which is 15% increase YoY from $2.6 billion in H1 2023. Warehousing sector accounted for largest share of 52% of total PE investments in January – June 2024, followed by residential (29%) and office (20%). The real … Read more
Property registrations in the Mumbai real estate market grew about 9 per cent to 11,504 units in April 2024, from 10,514 units a year earlier. This added over Rs 1,043 crore to the state exchequer, a report by real estate consultant Knight Frank India stated on Tuesday. The real estate market in Mumbai has witnessed a … Read more