ft.Annual average prime price growth stands at 1. Average prices increased from Rs.10,500/sq.ft. Proximity to prime office markets, infrastructure development and lifestyle enhancement opportunities Average prices increased from Rs.13,000/sq.ft. Share of Office Stock in Prime Office Markets Shoreditch, fast emerging as a hub for tech and media companies – grown from 15 in 2008 to more than 1,300 in 2014 Victoria Park emerges as the next prime neighbourhood with tech companies pushing demand and value Source: Global Cities Report, Knight Frank Williamsburg emerges as the next prime residential neighbourhood with presence of high quality properties, a great lifestyle offer and convenient access to employment hubsĭUMBO (Down Under the Manhattan Bridge Overpass) has the highest concentration of tech firms with 500 tech and creative firms employing over 10,000 workers Primarily targeted towards institutional investors, global High Net-worth Individual investors, government bodies and urban planners Prime office and residential market outlook The changing face of business districts and emerging residential neighbourhoods in the leading cities of the world Navigating the global cities with respect to the challenges and opportunities in real estate Knight Frank Global Cities Report - Mumbaiįor more information, write Objectives and Target Segment
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