Prime Property Prices

As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.

After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.

The 17-lender consortium led by State Bank of India has put on sale embattled businessman Vijay Mallya's prime Goa property, the Kingfisher Villa, at a reserve price of Rs 85.29 crore.

Former union minister Shankarsinh Vaghela has blamed the BJP led central government for pursuing vendetta politics against him. The CBI registered a First Information Report (FIR) against him in connection with the sale of a prime property in Mumbai allegedly at throwaway prices to a private firm.

CBI has registered an FIR against former Union Textile Minister Shankersinh Vaghela and six others incluing the then Chairman-cum-Managing Director of National Textile Corporation for the sale of prime property in Mumbai allegedly at "throwaway prices" to a private company.

Amid limited supply of new residential properties in prime locations, India's rich (high net worth individuals) are now looking for newer pastures. Property consultant JLL India has in its "India's Top 20 Residential Neighbourhoods" report listed out locations or submarkets, that are now giving stiff competition to the country's top primary market...

Housing prices in many prime colonies of the national capital have declined by up to 20 per cent since 2013 but the rates were stable in Gurgaon and Noida, according to property consultant JLL India.

Only Sao Paulo, Dubai and Cape Town are cheaper than Mumbai out of 20 cities in Knight Frank ranking, when it comes to buying a prime property.

The government's consultants valued the land and set a reserve price of nearly Rs 1,700 crore. When only DLF was deemed eligible by a government committee, its bid which was almost identical was accepted - so the government appears to have accepted a poor offer.

Mumbai is the 16th most expensive city in the world in terms of owning a prime residential property with a price tag of around Rs 57,000 per sq ft, real estate consultancy Knight Frank has said in a report.

Residential property prices in Mumbai declined 9.1 per cent last fiscal, recording the first price fall since the 2008 global financial crisis, said a survey by consultancy firm Knight Frank. According to the survey titled 'Knight Frank Prime Global Cities Index Q1 of 2012', the prices of properties in prime global cities in the first quarter of 20...

As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.

After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.

The 17-lender consortium led by State Bank of India has put on sale embattled businessman Vijay Mallya's prime Goa property, the Kingfisher Villa, at a reserve price of Rs 85.29 crore.

Former union minister Shankarsinh Vaghela has blamed the BJP led central government for pursuing vendetta politics against him. The CBI registered a First Information Report (FIR) against him in connection with the sale of a prime property in Mumbai allegedly at throwaway prices to a private firm.

CBI has registered an FIR against former Union Textile Minister Shankersinh Vaghela and six others incluing the then Chairman-cum-Managing Director of National Textile Corporation for the sale of prime property in Mumbai allegedly at "throwaway prices" to a private company.

Amid limited supply of new residential properties in prime locations, India's rich (high net worth individuals) are now looking for newer pastures. Property consultant JLL India has in its "India's Top 20 Residential Neighbourhoods" report listed out locations or submarkets, that are now giving stiff competition to the country's top primary market...

Housing prices in many prime colonies of the national capital have declined by up to 20 per cent since 2013 but the rates were stable in Gurgaon and Noida, according to property consultant JLL India.

Only Sao Paulo, Dubai and Cape Town are cheaper than Mumbai out of 20 cities in Knight Frank ranking, when it comes to buying a prime property.

The government's consultants valued the land and set a reserve price of nearly Rs 1,700 crore. When only DLF was deemed eligible by a government committee, its bid which was almost identical was accepted - so the government appears to have accepted a poor offer.

Mumbai is the 16th most expensive city in the world in terms of owning a prime residential property with a price tag of around Rs 57,000 per sq ft, real estate consultancy Knight Frank has said in a report.

Residential property prices in Mumbai declined 9.1 per cent last fiscal, recording the first price fall since the 2008 global financial crisis, said a survey by consultancy firm Knight Frank. According to the survey titled 'Knight Frank Prime Global Cities Index Q1 of 2012', the prices of properties in prime global cities in the first quarter of 20...