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2 mins read

Ghost shopping malls surged 59% in 2023, 16 retail centres shut across top cities

In 2023, there has been a sharp rise in low-performing shopping malls with approximately 13.3 milli…

ANI   


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Almost 630,000 people worldwide are now worth at least $30 million, Knight Frank says

Knight Frank's latest wealth report shows the global number of ultra-high-net-worth individuals inc…

Theron Mohamed   


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3 mins read

India now the 14th priciest residential real estate market

India climbed 18 spots up to 14th rank in Knight Frank’s global house price index in the third quar…

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3 mins read

With large project launches and offers, realty players get set for a bumper festive season

Indian real estate players are witnessing bumper festive season sales, with new launches, offers an…

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3 mins read

India’s super rich will double to 1.6 million by 2027: Knight Frank

Even as the number of HNIs and billionaires in India grew in 2022 from the year before, UHNIs dippe…

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3 mins read

India’s ghost malls have caused a loss of $524 million: Knight Frank

India’s ghost malls have caused a loss of $524 million: Knight Frank

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1 min read

Mumbai, Delhi and Bengaluru among world’s property hot spots

Two Indian cities – Mumbai and Bengaluru – have also featured among the list of top 5 global cities…

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3 mins read

Facebook is trying to prevent NYU from examining its political ad-targeting. Researchers say they have no intention of stopping their work.

Facebook sent the NYU Ad Observatory a letter demanding they stop studying Facebook's political ad-…

Samantha Grindell   


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2 mins read

How much wealth you need to be in the top 1% in countries around the world

Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…

Noah Sheidlower   


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6 mins read

Residential property demand in India at a 10-year high with mid and premium buyers on the rise

Despite interest rates rising 250 basis points between May 2022 to February 2023, courtesy RBI poli…

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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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1 min read

Half the world's biggest companies are downsizing office space amid hybrid working

A Knight Frank survey found companies with more than 50,000 staff are looking to downsize office sp…

Pete Syme   


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3 mins read

Retail inflation inches to 4-month high in Dec; IIP growth slips to 8-month low in Nov

Retail inflation inched up marginally to a four-month high of 5.69% in December 2023, mainly on acc…

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2 mins read

Here are the top ways the world's ultra-rich spent their money last year, including pouring $455 billion into commercial real estate

High-end collectors also jumped back into the luxury goods market, sparking more investments in rar…

Morgan Chittum   


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India's GDP grows 7.6% in September quarter, beats RBI estimates

India's economy grew 7.6% in the September quarter of this fiscal and remained the fastest-growing …

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3 mins read

The 6 most popular European destinations for Americans to buy homes as the strong dollar boosts US wealth overseas

Now is the time for Americans to make their dream home purchases abroad as the US dollar is getting…

Alcynna Lloyd,Jason Lalljee   


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1 min read

Office building prices will crash 35% in the next 2 years and won't recover for decades, economist says

Office building prices could plummet more than a third as work-from-home trends remain popular in t…

Jennifer Sor   


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4 mins read

There's a big debate over whether it's OK to use AI in your job search. Some companies say it's 'a definite dealbreaker.'

A survey asked HR professionals how they feel about entry-level job candidates using AI bots, and 3…

Madison Hoff