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India's eight major housing markets saw a nominal one per cent increase in sales during the July-September quarter, Knight Frank said on Tuesday, ruling out any signs of slowdown so far but contending that demand for residential properties might be reaching its peak. Real estate consultant Knight Frank India noted that the sales data for the current festive quarter would present a clear picture. Releasing its report on the Indian real estate market through a webinar, Knight Frank mentioned that housing sales across eight major cities rose 1 per cent annually to 87,603 units during the third quarter of the current 2025 calendar year, sustaining the momentum of high demand being seen post the COVID pandemic. Fall in mortgage rates, high economic growth and tax sops in the budget have helped in maintaining the sales momentum, the consultant said, adding that the impact of the increase in consumer confidence because of GST rates rationalisation from September 22 was yet to be seen in th
Real estate developers and financial institutions have become more optimistic towards growth in India's property market for the next six months despite global uncertainties, according to NAREDCO and Knight Frank. On Tuesday, realtors' body NAREDCO and property consultant Knight Frank India have released the 45th edition of the 'Real Estate Sentiment Index' for April-June quarter, which showed a significant shift in the mood of the supply-side stakeholders in the Indian real estate sector. "Following a year-long moderation in sentiment, stakeholders are beginning to look beyond short-term global uncertainties and are anchoring their expectations on India's structural economic strength, accommodative monetary policy, and robust demand in premium residential and office segments," the consultant said. The Current Sentiment Score rose modestly to 56 in the April-June quarter, from 54 in the preceding January-March period, ending a four-quarter downward streak. The Future Sentiment Score
India's top eight property markets saw a 2 per cent decline in housing sales during the January-June period, but office space leasing rose 41 per cent, according to Knight Frank. In a webinar on Thursday, real estate consultant Knight Frank released its data for the Indian real estate market for January-June 2025. The data showed that housing sales fell 2 per cent annually to 1,70,201 units during the first six months of this calendar year across eight major cities. In contrast, the leasing of office spaces rose 41 per cent to 48.9 million (489 lakh) square feet area during January-June 2025. The gross leasing stood at a record 71.9 million square feet for the entire 2024. Considering the strong performance during the first half, the consultant expects the leasing number to scale a new high of 80-90 million square feet in the full current year. In the residential segment, the consultant noted that the weighted average price across eight cities rose in a range of 2 per cent to 14
Private equity (PE) investments in the Indian real estate sector stood at USD 1.73 billion till June 15 this year and are likely to fall sharply in the first half of 2025 as investors have become cautious, according to Knight Frank India. The PE inflow in real estate stood at USD 2.96 billion in the first half of 2024. Real estate consultant Knight Frank India on Thursday attributed the likely fall in PE investments to "...a shift in global capital flows due to elevated interest rates, tightening liquidity, and increased investor scrutiny over risk-adjusted and post-tax returns". The office segment attracted the highest share of PE capital at USD 706 million till June 15 of the 2025 calendar year. Indian real estate received USD 4.9 billion in PE investments in the full 2024 calendar year. The sector attracted record PE inflow in 2018 at USD 7.8 billion. The consultant noted that western institutional capital receded further so far this year, primarily due to narrowing India-US yi
Sales of affordable homes, costing less than Rs 50 lakh each, declined 9 per cent in January-March this year to 21,010 units across eight major cities due to high prices, elevated mortgage rates, and low supply, according to Knight Frank. Real estate consultant Knight Frank India data of primary residential market showed that sales in Rs 50 lakh to Rs 1 crore segment, too, fell 6 per cent to 26,832 units during the first quarter of this calendar year. "While sales in the higher ticket sizes have been driving market growth, those in the Rs 5-10 million (Rs 50-100 lakh) and less than Rs 5 million (Rs 50 lakh) categories have dropped by 6 per cent and 9 per cent year-on-year, respectively as homebuyers focus remained on the premium category during the quarter," the report said. "As high prices and elevated interest rates kept homebuyers away from the market in this price-sensitive segment, the lack of supply also played a significant role in curtailing sales volumes," the consultant ..
Housing sales in the January- March period rose 2 per cent to 88,274 units across eight major cities as consumer demand for residential properties continues to be strong, according to Knight Frank. On Thursday, real estate consultant Knight Frank India released its report 'India Real Estate: Residential and Office (January-March 2025)' which showed stability in demand across primary (first sale) housing markets of eight major cities. During JanuaryMarch, the consultant said that primary residential sales reached 88,274 units, a 2 per cent annual increase over the year-ago period. Knight Frank data showed a marginal increase in sales during the latest March quarter, contrary to PropEquity and Anarock reports, which stated a 23 per cent and 28 per cent decline in housing demand in the first quarter of this calendar year. Shishir Baijal, Chairman & Managing Director of Knight Frank India, said, "The real estate market has remained strong in the face of rising concerns of overheating