New Delhi, July 3 (IANS) Homebuyer affordability remained broadly supportive across India’s residential markets during H1 2026, aided by cumulative monetary easing of 125 basis points, with Ahmedabad the most affordable among the top eight cities, a report said on Friday.The report from Knight Frank India said six of the eight tracked cities remain within the 50 per cent affordability threshold, and Ahmedabad securing a ratio of 23 per cent, followed by Kolkata at 25 per cent and Pune at 28 pe…
Latest Shishir Baijal News & Updates
New Delhi, June 30 (IANS) Mumbai city under BMC jurisdiction recorded 80,221 property registrations across primary and secondary segments in H1 2026, marking a 6 per cent year‑on‑year increase and the strongest first‑half performance since 2013, a report said on Tuesday.The report from Knight Frank India said state government revenue through stamp duty collection from these transactions rose 4 per cent YoY to Rs 6,968 crore, which is also highest since 2013.Mumbai is expected to record 13,…
Mumbai, May 31 (IANS) Mumbai’s residential real estate market continued its strong momentum in May 2026, recording 12,315 property registrations within the Brihanmumbai Municipal Corporation (BMC) limits, marking the highest number of registrations for the month in the last 14 years, a report said on Sunday.The latest figures represent a 7 per cent year-on-year (YoY) increase in property registrations, underscoring sustained demand from homebuyers despite evolving market conditions, according …
New Delhi, April 30 (IANS) Mumbai city is poised to record 13,864 property registrations in April 2026, marking a 6 per cent year‑on‑year increase and the highest April tally in 14 years, a report said on Thursday.The report from Knight Frank India cited data from the Maharashtra Department of Registrations and Stamps saying the state exchequer is projected to collect over Rs 1,114 crore in stamp duty revenue in April 2026.The previous peak was recorded in April 2025, highlighting the resili…
New Delhi, April 23 (IANS) India’s ultra-high-net-worth individual (UHNWI) population has surged in recent years and is projected to grow 27 per cent by 2031, according to a report released on Thursday.An analysis by Knight Frank highlighted that India’s UHNWI population currently stands at 19,877 and is expected to rise to 25,217 by 2031.India’s billionaire population has also witnessed strong growth, rising 58 per cent over the past five years to 207 in 2026, the third-largest globally a…
New Delhi, April 18 (IANS) India’s office market remains on a strong footing amid geopolitical tensions, with rising rents and limited new supply reinforcing growth across key cities, according to a report released on Saturday.The report by property consultancy Knight Frank highlighted that rental values continued to firm up across major markets even as new office completions lagged behind demand.Leasing activity stayed robust during the first quarter of 2026, with 18.8 million square feet tra…
New Delhi, April 8 (IANS) Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent is likely to provide stability for mortgage rates, real estate industry leaders said on Wednesday.Shrinivas Rao, FRICS, CEO, Vestian welcomed the pause as a relief for developers and homebuyers as it will keep mortgage rates competitive when construction costs remain elevated over the ongoing West Asia crisis.Rao said the move could help cushion the impact of rising input costs on demand…
New Delhi, April 1 (IANS) The flexible office space market of India has witnessed a sharp surge over the past eight years, with annual transaction volumes rising 8.4 times from 2.2 million sq ft in 2017 to 18.6 million sq ft in 2025 across the top eight cities, a report showed on Wednesday.The report by Knight Frank India highlighted that such growth indicated a compound annual growth rate (CAGR) of 30 per cent, significantly outpacing the broader office market, which grew at 9 per cent over the…
New Delhi, March 31 (IANS) The city of Mumbai recorded 15,516 property registrations in March, generating over Rs 1,492 crore in stamp duty revenue for the state exchequer, a report said on Tuesday.The report from Knight Frank cited data from the Maharashtra Department of Registrations and Stamps as saying that the March tally is the highest monthly registration volume for the reported month in the past 14 years, surpassing the previous high observed in March 2025.Registrations remained broadly …
New Delhi, March 28 (IANS) The Delhi-NCR’s second airport, Noida International Airport at Jewar, which was inaugurated by Prime Minister Narendra Modi on Saturday, is expected to boost developer confidence and drive fresh residential supply in Greater Noida, according to a new report.The report by Knight Frank India said that Greater Noida has strengthened its position in the NCR residential market on the back of the airport.The micro-market accounted for 28 per cent of total NCR residential lau…