Knight Frank – India Real Estate Residential and Office Market, 2H 2024

The report by Knight Frank "India Real Estate Residential and Office Market, 2H 2024" explores the growth and dynamics of India's real estate sector. India continues to consolidate its position as a key player in the global economy, with GDP growth projected at 6.6% for FY 2025. The real estate markets have adapted to evolving dynamics, with the office market seeing record transaction volumes and a rise in demand for flexible workspaces. Key cities like Bengaluru, NCR, and Mumbai drive this momentum. The residential market achieved a 12-year high in sales, with a shift towards premium homes. Developers are launching projects catering to luxury living, though rising inventory levels in high-ticket segments require careful monitoring.