Mumbai Real Estate News
Mumbai
Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Manila Top-Ranked City in Latest Global Residential Cities Index
The annual rate of home price growth (worldwide) increased between Q2 and Q3 2020, from 4.1% to 4.7%, and 18 international cities saw prices rise by more than 10% year-on year, up from 16 in Q2 2020.
India's Office Market Rebounding in Q3 from COVID-19 Downturn
According to new data by JLL Research, India's office market witnessed a net absorption of 5.4 million sq. ft in quarter ending September 2020 (Q3), an increase of 64% versus quarter ending June 2020 (Q2).
Asia Pacific Corporate Tenants Confident of COVID-19 Recovery
Based on a new survey by international property consultant JLL, over 93 percent of corporate real estate leaders believe their business or recovery plans to mitigate the impact of the pandemic will be successful.
