Budget 2024: Extend PLI schemes, encourage FDI: Knight Frank India
Regarding real estate, he notes that while the sector has seen growth, the affordable segment lags due to supply and affordability issues.
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July 2024
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Mumbai sees 6.4% rise in luxury home prices in 2022; ranks 37th globally
In Mumbai, one can buy just 113 square metres of prime property for $1 million, says Knight Frank report
Homes worth ₹1.40 lakh crore stalled
About 1.74 lakh homes—launched in 2014 or before—that are stalled continue to plague the Indian residential market.
Home sales grow 67%, beat pandemic blues
99,416 homes were sold in India between January and June this year, and nearly 27% of the sales were during the peak of the second wave of Covid-19 infections.
Covid-19 disruptions may push up retail inflation
Amid state-wide lockdowns imposed to tackle the surge in Coronavirus cases, and supply-chain disruptions, concerns of rising inflation remain.
Back to the office
The IT/ITeS, e-commerce, healthcare, and FMCG sectors have propped up the office real estate market, which is expected to record a net absorption of 32 to 35 million sq.ft. by the year end.
