The Sensex plunged by over 1,400 points from its lifetime high of seventy one,913 to end at 70,506, a 1.3% minimize. The sell-off was broad-based and extra prominent in the smallcap segment, which witnessed a wholesome correction after several months. The offers that appear in this table are from partnerships from which Investopedia receives compensation.
- 12 Feb 2024It is price noting that this covers the ‘prime-prime’ segment of most major property sectors in key cities around the region and shouldn’t be confused with the market total, notably when comparing market cycles.
- There are a few serviced condo projects additionally coming up in the space, native brokers active in the space said.
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- There is prone to be a continuation of that over the course of definitely the primary half of this year, as rates start to come back down globally and the pressures on pricing ought to begin to ease.
Founded within the UK in 1855, Savills is amongst the world’s main property agents. Our expertise and expertise spans the globe, with over 600 offices Real Estate News throughout the Americas, Europe, Asia Pacific, Africa and the Middle East. The resort and retail markets showed promise, office stabilised, and residential remained underneath pressure.