India is predicted to face severe housing shortage. According to the global real estate consultant firm Knight Frank, housing shortage will be one of the main problems India will have to handle in the near future. By the year 2031 the population, residing in the top Indian cities, will be over 600 million. The government […]
February 5, 2013 – 6:55 pm
Property prices will remain stable in the Indian market for a quite long while as there is no chance for any price-fall in the near future or around. Real estate experts opined that there will not be a fall in the property prices in the near future. Though they opined that there will be no […]
January 25, 2013 – 7:19 pm
Bangalore, most important IT- Hub in India, sees lower office space absorption due to the decreased demand from the IT and ITeS sectors. Office space absorption in Bangalore is directly related to the performance of IT and ITeS sectors. When these sectors’ demand is better the office space absorption in the city is also better. […]
January 23, 2013 – 6:50 pm
Compared to the previous year, in 2012, office space absorption fell sharply in Bangalore. The decreased demand from the IT and ITeS sector is pointed as the main reason for this lowered office space absorption. Office space absorption in Bangalore is always dependent on the IT and ITeS sectors. Whenever there is a higher demand […]
dAccording to a study conducted by a Global Property Consultancy Firm Asia is the biggest investor in UK’s Realty Sector particularly Central London. This has been possible because of decreased value of pound and strong Asian economies. The report showed, Asians spent around 761 million pounds in fresh properties in London for gains in the […]
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Also tagged Asian Economies, Asians, Bedroom Apartments, Central London, Current Fiscal Year, Exhibitions, Global Property, International Investment, Investment Demand, Investment Team, Locals, Market Quality, Property Consultancy, Quality Properties, Residential Investment, Residential Properties, Sebastian, Singapore
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An interactive discussion on Real Estate titled ‘Real Estate: Trends, Issues & Consequences’ was organized by Money life Foundation on May 5. The session was jointly conducted by industry experts like Pranay Vakil, Chairman of Knight Frank (India) Pvt Ltd and Pankaj Kapoor, MD, Liases Foras. Mr. Pranay Vakil said on the occasion, “One of […]
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Also tagged Affordable Housing, ample choice, enthusiastic participation, fair weather friends, foras, India Pvt Ltd, Industry Experts, ing vysya mutual fund, investors research, life foundation, long distances, money life, pankaj kapoor, quizzed, real estate trends, research analysts, sales strategy, title insurance, value transactions
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September 26, 2009 – 12:00 pm
Knight Frank has introduced a real estate guidebook for India. The book provides information needed to invest in real estate market. Mr Pranay Vakil, Chairman-Knight Frank India, said, “We felt the need for a single credible source of information for which we brought together the best minds of the industry in business. This book makes […]
November 28, 2008 – 1:02 am
The terrorist attacks on Mumbai are likely to further pull down the sagging property prices in the city, especially in South Mumbai. South Mumbai, the most expensive property market is expected to face a dip in value across all segments, including rentals, in the next half year. “It’s is too early to say anything now. […]
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Also tagged Birla Sunlife, Dampener, Half Year, India, Negative Sentiments, Property Consultants, Property Deals, Real Estate, Ripple Effect, Second Half, South Mumbai, Suburban Market, Terrorist Attacks
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India’s emergence as a leading IT and ITES destination has witnessed a huge demand for high quality office space. Again, the dependence on one sector could also have a serious impact. Knight Frank’s Vakil said that there is already a slowdown as far as commercial property is concerned. The scenario presents a few interesting constituents. […]
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Also tagged Bangalore, Commercial Plots, Commercial Space, Future Group, Hyderabad, India, Kishore Biyani, lease, Office Space, Outright Purchase, Residential Plots, Slowdown, Vakil
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Knight Frank India, a real estate consultant company, predicts more correction in house prices if the existing slowdown in residential property sales keeps on, Chairman Pranay Vakil said.
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Also tagged Bangalore, Commercial Office Space, Consultant Company, Estate Consultant, High Interest Rates, Home Prices, House Prices, Pune, Real Estate Developers, Residential Property, Residential Real Estate, South India
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“Forbes” states that although the global real estate market is softening as credit reservoirs dry, a few spots are poised for growth.” The magazine rated Israel as the world’s most “up-and-coming” real estate market. “Forbes” notes, “Israel’s real estate market struggled in the late 1990s and early 2000s as the country struggled with deflation. As […]
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