The city's affordability ratio, which compares the EMI to income, stood at 30 per cent in the first half of 2024, maintaining the same level as in 2023.
According to a report released by Knight Frank India, the first four months of 2024 registered a 92 per cent year-on-year growth in this range compared to same period last year.
Against its 43rd rank in Q4 2019, India saw a decline of 3.6 per cent year-on-year in home prices finishing last at 56th rank, according to Knight Frank report
Of the total PE investment, the real estate sector claimed 11 per cent share in 2020 with $4,068 million, closing 21 deals during the year," Knight Frank said in a statement.
Knight Frank India in its latest research report — 'Investments in Real Estate Trends in PE Investments Q3 2020' — recorded that Indian real estate attracted private equity investments of $2,308 million