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

18 Dec 2021 CW Team

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

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Infrastructure Transport

07 Oct 2025

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Infrastructure Transport

07 Oct 2025

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..