Delhi ranks 63rd globally as greenest city for real estate
06 Oct 2021
2 Min Read
CW Team
According to reports from Knight Frank, in India, Delhi is the greenest city for real estate and ranks 63rd globally.
The top five green cities in the world are London, Shanghai, New York, Paris and Washington.
Knight Frank said that Delhi ranks 63rd globally and is the greenest city in India, followed by Chennai with a global rank of 224, Mumbai with rank 240, Hyderabad ranking 245, Bengaluru ranking on 259 and Pune with rank 260.
Knight Frank measured 286 cities on various factors like well-developed public transportation networks, urban green space and higher green-rated buildings.
It estimates that India will receive an international real estate investment of $2.5 billion in 2022.
The countries set for international real estate investment in 2022 are the US, UK, Germany, France and Netherland.
Chairman and Managing Director of Knight Frank, Shishir Baijal, said that previous serious structural reforms had put India's real estate sector in a high position, attracting global attention.
He noted that improving the Covid-19 pandemic condition in India along with policy interventions to support real estate would help the country in attracting global investment.
He said that India's commercial real estate sector had shown strong global investor interest. With the best global participation on the capital and development front, product's volume and quantity will see growth in future.
Also read: India secures 54th rank in Knight Frank鈥檚 housing price index
According to reports from Knight Frank, in India, Delhi is the greenest city for real estate and ranks 63rd globally.
The top five green cities in the world are London, Shanghai, New York, Paris and Washington.
Knight Frank said that Delhi ranks 63rd globally and is the greenest city in India, followed by Chennai with a global rank of 224, Mumbai with rank 240, Hyderabad ranking 245, Bengaluru ranking on 259 and Pune with rank 260.
Knight Frank measured 286 cities on various factors like well-developed public transportation networks, urban green space and higher green-rated buildings.
It estimates that India will receive an international real estate investment of $2.5 billion in 2022.
The countries set for international real estate investment in 2022 are the US, UK, Germany, France and Netherland.
Chairman and Managing Director of Knight Frank, Shishir Baijal, said that previous serious structural reforms had put India's real estate sector in a high position, attracting global attention.
He noted that improving the Covid-19 pandemic condition in India along with policy interventions to support real estate would help the country in attracting global investment.
He said that India's commercial real estate sector had shown strong global investor interest. With the best global participation on the capital and development front, product's volume and quantity will see growth in future.
Image SourceAlso read: India secures 54th rank in Knight Frank鈥檚 housing price index
Next Story
UP Signs Rail Deal to Boost Logistics Infrastructure
To bolster Uttar Pradesh鈥檚 industrial and logistics ecosystem, Invest UP and the Lucknow Division of Northern Railway signed a memorandum of understanding (MoU) at Lok Bhawan on Wednesday.The MoU, signed by Invest UP CEO Vijay Kiran Anand and Rajneesh Kumar Srivastava, Senior Divisional Operations Manager of Northern Railway, aims to provide railway land to investors at a concessional lease rate of 1.5 per cent of the prevailing industrial or circle rate for a 35-year period.According to the official statement, the move will support the development of warehousing and logistics infrastructure..
Next Story
RVNL Wins Rs 1.16 Bn Railway Electrification Contract
Rail Vikas Nigam Ltd (RVNL) has received a letter of intent from Central Railway for an electrification system upgrade contract valued at Rs 1.16 billion. The project, according to the company鈥檚 stock exchange filing, will be completed within 24 months.The scope of the work involves modification of the current 1x25 kV electric traction system to a 2x25 kV configuration at the feeding system in the Itarsi-Amla section, located in the Nagpur Division. This upgrade is part of broader efforts to modernise and strengthen the efficiency of India鈥檚 railway electrification infrastructure.RVNL cont..
Next Story
Mumbai Rail Network to Expand with New Airport, Port Links
The Maharashtra government鈥檚 infrastructure drive in the Mumbai Metropolitan Region (MMR) will see a major expansion of suburban railway corridors on both Central and Western Railways, with new lines planned to improve airport and port connectivity.The Union Railway Ministry has instructed both zones to conduct feasibility surveys for new lines connecting Navi Mumbai International Airport (NMIA), segregating suburban and long-distance services, and building a new rail link from Dahanu to the upcoming Vadhavan Port in Palghar鈥攖outed as India鈥檚 largest port.On the Central Railway, surveys ..
