The disparity between “well-performing shopping centres” and “shopping centres with high vacancies” comprising Grade C and ghost stock has emerged even more “starkly” in 2023, says Knight Frank report
90% of Indian ultra-rich expect an increase in wealth in 2024; the country recorded an increase of 6.1% in UHNWI numbers in 2023
Though caught in a complex web of challenges—liquidity crunch, flagging consumer spend, and realignment with new reforms—hope floats for the realty sector.
While the Budget brings relief to the affordable housing sector, the removal of exemptions under the new income tax regime comes as dampener for the real estate sector.
A Knight Frank study ranks India 47th among 56 countries in terms of appreciation in home prices.
A Knight Frank report says in five years, the number of persons with $500 million or more in net assets in Asia will overtake those in North America, for the first time.
