Real estate may see 5% price hike in 2022: Knight Frank India
Real Estate

Real estate may see 5% price hike in 2022: Knight Frank India

According to a report by Knight Frank India, housing prices might increase by 5% in 2022. Its 2022 Outlook Report said that 2021 was impacted due to the Covid-19 pandemic.

The year 2022 will be a stable year for the commercial and residential sectors, according to the company.

The report said that the sales momentum expects to continue in the next year, as home buyers prefer bigger homes, better amenities and attractive pricing to keep them interested in real estate deals.

After structural reforms during the last decade, including demonetisation, Goods and Services Tax (GST), and Real Estate Regulatory Authority (RERA), the Covid-19 pandemic was another hit to the real estate sector. The report's decadal analysis shows that the supply and demand-side factors have started putting upward pressure on housing prices, resulting in a 5% growth in 2022.

Shishir Baijal, Chairman and Managing Director of Knight Frank, said that the real estate sector had witnessed a smart recovery despite the Covid-19 pandemic, with residential outperforming others.

He said that the Covid-19 challenges are settling, and the real estate sector is expected to gain momentum in the next two to three quarters. It will witness an adequate recovery to match the pre-pandemic levels.

Knight Frank India told the media that the five best IT companies' demand for office space due to robust hiring since the last 18 months is expected at 11.67 million sq ft in the next one to two years.

According to the report, the co-working sector will benefit as the Covid-19 pandemic reinforces. Agility will drive demand for flexible office spaces. The office sector and flight-to-quality are expected to keep rents stable to increase in 2022.

Transactions in the warehousing sector might grow at a compound annual growth rate (CAGR) of 20% to 45.9 million sq ft in FY23, from its previous 31.7 million sq ft.

The data center in India estimates 445 MW of critical IT capacity, with around 290 MW additional capacity in 2022. Its total count will increase to 735 MW by the end of 2022.

Image Source

Also read: India secures 54th rank in Knight Frank’s housing price index

According to a report by Knight Frank India, housing prices might increase by 5% in 2022. Its 2022 Outlook Report said that 2021 was impacted due to the Covid-19 pandemic. The year 2022 will be a stable year for the commercial and residential sectors, according to the company. The report said that the sales momentum expects to continue in the next year, as home buyers prefer bigger homes, better amenities and attractive pricing to keep them interested in real estate deals. After structural reforms during the last decade, including demonetisation, Goods and Services Tax (GST), and Real Estate Regulatory Authority (RERA), the Covid-19 pandemic was another hit to the real estate sector. The report's decadal analysis shows that the supply and demand-side factors have started putting upward pressure on housing prices, resulting in a 5% growth in 2022. Shishir Baijal, Chairman and Managing Director of Knight Frank, said that the real estate sector had witnessed a smart recovery despite the Covid-19 pandemic, with residential outperforming others. He said that the Covid-19 challenges are settling, and the real estate sector is expected to gain momentum in the next two to three quarters. It will witness an adequate recovery to match the pre-pandemic levels. Knight Frank India told the media that the five best IT companies' demand for office space due to robust hiring since the last 18 months is expected at 11.67 million sq ft in the next one to two years. According to the report, the co-working sector will benefit as the Covid-19 pandemic reinforces. Agility will drive demand for flexible office spaces. The office sector and flight-to-quality are expected to keep rents stable to increase in 2022. Transactions in the warehousing sector might grow at a compound annual growth rate (CAGR) of 20% to 45.9 million sq ft in FY23, from its previous 31.7 million sq ft. The data center in India estimates 445 MW of critical IT capacity, with around 290 MW additional capacity in 2022. Its total count will increase to 735 MW by the end of 2022. Image Source Also read: India secures 54th rank in Knight Frank’s housing price index

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement