India Real Estate News
India
Asia Pacific Commercial Property Investment Upticks 3 Percent in Q4
According to new data by global real estate consulting firm JLL, commercial real estate investment in Asia Pacific rose 3% year-on-year (YoY) in Q4 2023 to $31.6 billion, reversing seven consecutive quarters of decreasing volumes.
Japan is Top Cross Border Commercial Property Investment Target in 2024
According to CBRE's 2024 Asia Pacific Investor Intentions Survey, Japan is the top target for cross-border real estate investment in Asia Pacific for the fifth consecutive year, with investors focusing on Tokyo, Osaka, and other major regional cities.
Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin
According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.
Worldwide Ultra Luxury Home Sales Dip in Q3
According to new research by Knight Frank, global super-prime ($10m+) residential sales fell 2.4% in Q3 2023 on a year-on-year basis, with 362 sales across the 12 markets covered in the three months to September compared to 371 in the same period last year.
