09
Jan
Knight Frank India launched the 12th edition of its flagship half-yearly report – India Real Estate: H2 2019- which presents a comprehensive analysis of the residential and office market performance across eight major citiesfor the July-December 2019 (H2 2019)period. The report establishes 2019 to be a year of much-awaited stability and recovery for Chennai’s residential real estate, with sales rising by 6% YoY to 16,959 units in 2019 and launches rising by 11% YoY to 11,542 units. Office transactions in Chennai were at an all-time high of 0.5 mnsq m (5.2 million square feet (mnsqft)) in 2019, registering a 50%…
