Real estate consultant Knight Frank India’s H1 realty report reveals some green shoots in an otherwise sluggish real estate market.
Properties in the ₹5 core to 10 crore bracket are the most favoured, with the maximum demand from NRIs in the UAE, followed by Canada, the UK, Saudi Arabia, the US, Singapore, Qatar, and Kuwait
Still one of the better cities in India, also chosen to be developed as a smart city, Panaji’s history isn’t just to do with fine Indo-Portuguese architecture, but is also about being a strategic location
A recent report by JLL India, an international real estate consultancy firm, pointed out that sales for residential properties have remained strong, quarter after quarter.
After a protracted period where interest for real estate investment was concentrated primarily in the larger cities, we are now seeing a resurgence of the Tier 2/Tier 3 cities story in India.