Housing sales in 8 major cities up 4 pc in Jan-Jun; supply rises by 21 pc: Knight Frank

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago period.

Mumbai nearly twice as costly as Delhi

Mumbai prices have been consistently rising every year since 2014 - having risen 5.1 per cent in the period 2014-18.

On an average, private equity finds 4 per cent allocation in the overall investment portfolio of Indian UHNWIs.

Growth in average income in Mumbai was recorded at 20.4 per cent while home prices increased by 8 per cent in 2014 -18.

Government has brought amendments in the IT Act to provide a tax efficient and stable regime for REITs in India.