House gross sales rise 9% year-on-year in Q1 2024, workplace leasing up 43%: report

The primary quarter of 2024 noticed a 9 per cent rise in dwelling gross sales at 86,345 items throughout prime eight cities in India, whereas workplace leasing rose 43 per cent to 16.2 million sq. ft, in response to Knight Frank India’s quarterly replace on the sector. India is among the few candy spots for … Read more

Chennai residential market is prone to attain pre-Covid gross sales stage in 2024

The Chennai residential market has seen a development of 5 per cent in residence gross sales at 14,920 items in 2023. Nevertheless, the market has but to surpass its pre-Covid volumes. 2023 noticed an excellent restoration in residence gross sales and with the continued momentum, gross sales are anticipated to be again at their pre-Covid … Read more

Wealthy-young Indians prep-up premium, luxurious and ultra-luxury house gross sales

India’s wealthy and ultra-rich are lapping up properties priced upwards of ₹4 crore and the demand is being pushed by younger professionals like attorneys, medical doctors, start-up founders (together with unicorns) and promoter households of recently-listed corporations. Celeb consumers are additionally part of this brigade. A worth rise of 30-40 per cent however, many are … Read more