Releasing its 'India Real Estate: Office and Residential Report (January-March 2024)' through a webinar on Thursday, Knight Frank India said housing prices rose in the range of 2-13 per cent annually during January-March across these eight cities - Delhi-NCR, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Pune and Ahmedabad. Office rent grew by 1-9 per cent.
Also, if interest rates come down globally, the share of allocation towards emerging markets and the growth capital will go up from the institutional investors
The real estate sector is on the brink of anticipation as Union Budget 2024 approaches, with high expectations for comprehensive measures shaping the industry's future. Stakeholders eagerly anticipate transformative changes across various facets.
In the wake of the pandemic, experts say that the residential real estate sector saw renewed demand from institutional investors, despite economic global headwinds. The pandemic became a game changer to shift homebuyers sentiments towards the Indian housing sector.
India Business News: The residential real estate market in India is experiencing a resurgence, with an increase in land transactions by property developers. This trend is