Tag: Knight Frank India report

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Large Office Deals Make Up 59% of H1 2026 Leasing: Report

Representative AI image NEW DELHI: In H1 2026, large office transactions (1 lakh sq ft and above) amounted to 28.2 million sq ft across India’s eight major cities, as reported by Knight Frank India. These sizable deals constituted 59% of a total leasing volume of 48 million sq ft during the same period. Bengaluru led the way with 10.1 million sq ft in large office deals, representing 72% of the city’s total leasing activity. Hyderabad and NCR followed closely, each recording 4.9 million sq ft in large office leases, accounting for 65% and 68% of their respective total leasing volumes.…

Latest StoriesResidential

Bengaluru Housing Sales Up 5% to 27,968 Units in H1 2026

NEW DELHI: Bengaluru recorded housing sales of 27,968 units in the first half of 2026, reflecting a five percent increase compared to the previous year, according to a Knight Frank India report. New launches totaled 34,749 units during this period, marking a four percent year-on-year rise. However, there was a sequential decline in launches by 1.4%, and sales also fell by three percent. According to Knight Frank, the slowdown in residential launches and sales can be attributed to rising property prices, affordability issues in key micro-markets, and a more cautious stance from both developers and homebuyers. The average residential price…

Latest StoriesResidential

Hyderabad Housing Sales Up 1% to 19,249 Units in H1 2026

NEW DELHI: In the first half of 2026, Hyderabad saw housing sales of 19,249 units, reflecting a 1% year-on-year increase, as reported by Knight Frank India. New launches decreased by 2% year-on-year to 20,466 units in this period. The report indicates that this slowdown is attributed to a more cautious approach from developers, amid stricter regulations, including the implementation of HYDRAA. The average residential prices increased by 7% year-on-year to ₹8,258 per sq ft in H1 2026, compared to ₹8,200 per sq ft in 2025. Knight Frank noted that the demand for housing in Hyderabad is largely driven by end-users,…

CommercialLatest Stories

Hyderabad Office Leasing Up 29% to 7.5M Sq Ft in H1 2026

NEW DELHI: In H1 2026, Hyderabad’s office transactions reached 7.5 million sq ft, marking a 29% increase compared to the previous year, as reported by Knight Frank India. This marks the highest leasing volume for Hyderabad in the first half of a year, and the second-highest total transaction volume following H2 2019. Office completions surged by 111% year-on-year, totaling three million sq ft during this period, while the overall office stock in Hyderabad increased to 129.1 million sq ft, up by 5% year-on-year. Despite a rise in supply, vacancy rates decreased by 296 basis points to 11.5%. The average transacted…

IndustryLatest Stories

Mumbai Sees 70 Redevelopment Deals in Q1 2026: Report

NEW DELHI: In the first quarter of 2026, Mumbai saw nearly 70 developer agreements for society redevelopment, making up over 30% of the total agreements for 2025, according to a report by Knight Frank India. The report noted a shift towards larger, cluster-led redevelopment projects, driven by policy modifications, land aggregation, and enhanced project feasibility. Mumbai’s redevelopment initiatives could potentially unlock around 59,000 homes valued at approximately ₹1.5 lakh crore by 2031. Additionally, these projects are projected to generate about ₹9,115 crore in stamp duty revenue throughout their lifespan, the report stated. Since 2020, developer agreements in Mumbai have surpassed…

Latest StoriesResidential

Premium Housing Fuels 50% of Sales as Affordable Segment Drops 17%

NEW DELHI: The Indian residential market shifted more towards higher-value homes in 2025, with properties priced above ₹1 crore making up 50% of total annual sales. This trend emerged even as demand for affordable housing decreased, according to a recent Knight Frank India report. Total housing sales reached 348,207 units in 2025. Homes priced over ₹1 crore experienced a 14% year-on-year increase, while sales for units below ₹50 lakh fell by 17%. The mid-segment, priced between ₹50 lakh and ₹1 crore, also faced an 8% drop in annual sales. As noted in the report, the slowdown primarily affected lower-priced categories,…

Latest StoriesResidential

2025 Residential Sales Steady at 3.48 Lakh Units in Top 8 Cities

NEW DELHI: Housing sales in the top eight Indian cities reached 348,207 units, reflecting a slight 1% year-on-year decline, according to a recent report from Knight Frank India. Despite the minor annual decrease, the total sales for the second half of the year stood at 178,406 units, the highest performance recorded for H2 since 2013. In 2025, new housing launches totaled 362,184 units, down 3% year-on-year, but still surpassed sales figures, demonstrating developers’ confidence in long-term demand. Shishir Baijal, Chairman and Managing Director, noted that the residential market is consolidating at elevated levels, driven primarily by genuine end-user demand rather…

Latest StoriesResidential

Mumbai’s Redevelopment Will Create 44,000 New Homes: Report

NEW DELHI: A report by Knight Frank India states that by 2030, Mumbai’s current redevelopment initiatives (MCGM) are set to deliver 44,277 new homes, amounting to ₹1,305 billion. The report reveals that since 2020, a total of 910 housing societies have entered into development agreements (DAs), unlocking approximately 326.8 acres (1.32 million sq. meters) of potential land based on FSI utilization norms. Notably, around 160,000 societies are over 30 years old and eligible for redevelopment. In the Western Suburbs, areas with high population density from Bandra to Borivali are expected to contribute 32,354 new homes, representing 73% of the total…

CommercialLatest Stories

India’s Office Space Hits 1 Billion Sq Ft in Q3 2025

NEW DELHI: The gross leasing activity in India’s office market reached 66.7 million sq ft in the first nine months of 2025, marking a 24% increase compared to the previous year, according to Knight Frank India, a real estate consultancy firm. In the third quarter of 2025 (July–September), total transactions across the top eight cities amounted to 17.8 million sq ft, reflecting a 6% year-on-year decline due to prior high performance. India achieves 1 billion sq ft office stock milestone New completions for Q3 stood at 12.4 million sq ft, falling short of demand and resulting in a decrease in…

Latest StoriesResidential

Mumbai’s Property Registrations Up 20% This Navratri

MUMBAI: The Greater Mumbai area under BMC jurisdiction recorded 6,238 property registrations during the 10-day Navratri period (Sept 22–October 1, 2025), reflecting a 20% increase from 5,199 registrations in the same timeframe last year. This boost also contributed to a 17% year-on-year rise in state revenue collections, reaching Rs 587 crore during the festive season. The average daily registrations improved from 578 units in Navratri 2024 to 624 units in 2025, as per data provided by Knight Frank India. According to the global property consultant, September 2025 saw a total of 12,070 registrations, making it the best September for the…