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Property rates climb in small cities: Knight Frank

A study by realty consultants, Knight Frank on Emerging Centres revealed that the realty is on an upswing in smaller cities.

Apnaloan.com Research Bureau

18 Aug 2007

A study by realty consultants Knight Frank on "Emerging Centres" reveals that the realty sector is on an upswing in smaller cities like Pune, due to factors like consistent and sustaining GDP growth, the expanding service sector, rising purchasing power and changing government policies.

The report also said that retailing and entertainment avenues have led to demand for quality residential space.