Residential sales in Q1 2025 see moderate growth of 2%: Knight Frank India

Q: How long will it take to read this news story?

The story "Residential sales in Q1 2025 see moderate growth of 2%: Knight Frank India" has 646 words across 30 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Residential sales in Q1 2025 see moderate growth of 2%: Knight Frank India" was covered 21 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 262 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27561203</li><li>URL: https://chronographically.beamstart.com/news/residential-sales-in-q1-2025-17436752446589</li></ul>

Business Standard Logo Business Standard 21h ago

Residential sales in Q1 2025 see moderate growth of 2%: Knight Frank India - Business Standard

Quick Summary:

In contrast, sales in the sub-Rs 50 lakh category declined by 9 per cent Y-o-Y, reflecting a shift in homebuyer preferences towards larger and more premium residences.

The premium housing segment (Rs 1 crore and above) was the key market driver, accounting for 46 per cent of total sales, up from 40 per cent in Q1 2024.

Price levels in Bengaluru and NCR saw exceptional growth at 16 per cent and 12 per cent Y-o-Y as the focus intensified towards the development of premium, high-rise properties.