“Knight Frank India’s half yearly report”

HnExpress 09/07/2019, Amrita Sikdar, Kolkata : Knight Frank India launched 11th edition half yearly report on India Real Estate with the comprehensive analysis in Kolkata. This report describes Residential and office market performance are preferred across 8 cities for the period January to June 2019.

This report established that office space market experienced decadal high (half yearly) volume in supply and transaction in H1 2019. Office supply increased by 31% year on year according to current analysis period. Residential unit launch in H1 2019 increased by 21% Yaaron near while sale true by study 4% year to year (approx) minimum units.

The residential market witnessed growth in supply as well as sale even in demonetisation during H2 2016. They also published a residential market Heights for top 8 cities. along with that they published office market Heights for top 8 cities. which clearly shows the growth of Knight Frank India.

Shishir Balaji the Chairman and marketing director of Knight Frank India said” the correct efforts by the government and the incentives given have resulted in insubstantial demand in affordable housing which has resulted in an overall boost to residential sale. This also seems to be in line with the government vision for” Housing For All”.

Double digit rental growth in 5 out of 8 markets reiterate the the underlying strength of Indian office market. The spurt in demand for higher end roles in the the the artificial Intelligence and DTE Ta security dornains have lead to a a welcome and significant 59% year to year increase in demand for the IT sectors during H1 2019.

Coworking spaces continue to drive transaction volumes and influence occupier demand”. In India Knight frank is headquartered in Mumbai and has more than hundred exports across Bangalore Delhi Pune Hyderabad Chennai Kolkata and Allahabad.

New residential launch come to a stand Steel in H1 2019 sales continue to decline year to year Knight Frank report. Mr. Swapan Dutta, branch director of Kolkata, Knight Frank India what’s present in this event and and enlightened his view, at The Oberoi Grand.