Indian real estate lacks transparency, regulation: Knight Frank
By Manisha Natarajan | Published On: July 31, 2012 19:37 (IST) | Duration: 5 min, 55 sec
In this segment of The Property Show, Nicholas Holt, research director-Asia Pacific, Knight Frank, speaks to NDTV Profit on how global wealth is moving eastward, finding its way into India's real estate market. However, he says the country trails other Asia-Pacific nations due to lack of transparency and regulation in the sector. He says prices in India are likely to stay flat over the next one-two years till growth revives and other economic issues are resolved.