ANAROCK Signs Up Madhya Pradesh Housing Board for ACRM
ANAROCK CRM now in use by over 150 developers with over 1500 projects India's leading independent residential real estate services consultant ANAROCK Group has announced that it has signed up…
59 Land Deals for 2,018+ Acres Closed Across India in 2023 YTD
In contrast, the Jan-Aug. period of 2022 saw closure of 50 land deals over 1,438+ acres across cities Of total land deals in 2023 (Jan-Aug.), 5 deals over 1,136+ acres…
Buy or Wait? 6 Steps to Deciding if Purchasing a Home Now Makes Sense
– by Akash Pharande, Managing Director – Pharande Spaces Buying a home is the smartest decision to make if one can afford it, and we all know the reason. Home…
RBI Keeps Repo Rate Unchanged – Advantage Housing
Anuj Puri, Chairman – ANAROCK Group: As widely anticipated, the RBI has decided to keep the repo rates unchanged at 6.5%. India continues to outperform other countries in terms of…
Luxury Homes Appreciate 24% in Avg. Price in the Top 7 Cities Since 2018, Affordable Housing Sees 15%
Avg. prices of homes priced >INR 1.5 Cr in top 7 cities saw highest price appreciation b/w 2018 & 2023 among all 3 budget categories – from INR 12,400/sq. ft…
Impact of High Interest Rates on Home Buyers Across Segments
– By Akash Pharande, Managing Director – Pharande Spaces As we await the RBI’s monetary policy decision on the repo rate, let us examine the factors involved, and their implications…
Affordable Housing Buyers’ EMIs Jump Over 20% in Last 2 Years
Floating interest rates for home loans up to INR 30 lakh shot from 6.7% in 2021 to 9.15% as on date Home buyers paying EMI of approx. INR 22,700 in…
Mumbai Records 9,923 Property Registrations in July 2023 – Down 4% from June and 12% Annually
Govt. collects INR 808 Crore revenue in July – down 6% over June and 3% over July 2022 Home sizes from 500 – 1,000 sq ft dominated with a 51%…
Role of a real estate advisor
Rajan Thakral, Realty advisor A real estate consultant is more than just an advisor. He is your ally in the realm of real estate. Their expertise, market insights, and personalized…
Branded vs Unbranded – 8 Reasons Why Developer Reputation Matters
– by Akash Pharande, Managing Director – Pharande Spaces The Indian housing sector has seen the stronger emergence of branded developers over the last two decades. But after Covid-19, we…
Affordable Housing Demand Shrinks to 20% in H1 2023, MMR, Pune Drive Sales
Of approx. 2.29 lakh units sold across the top 7 cities in H1 2023, affordable housing (priced <INR 40 lakh) comprised a mere 20% share, or approx. 46,650 units Back…
Plot vs Flat – Which Is Right for You in 2023?
– by Akash Pharande, Managing Director – Pharande Spaces Plotted developments have been in the news fairly regularly since the Covid-19 pandemic. It appears that many Indians are now considering…
Listed Developers’ Cost of Debt Shrinks to 9% in FY23 from 10.3% in FY20
Avg. cost of debt saw yearly increase (7.96% in FY22) but remained lower than the pre-pandemic levels due to rising repo rates Net debt of top 8 listed developers remains…
The increase in rates aims to promote affordable housing in Gurgaon and the surrounding cities
The affordable housing policy of the Haryana government, which involves the allocation of apartments constructed by developers at a fixed rate, is expected to regain momentum. This is because the…
Millennial Urban Comfort – ‘Real’ Value in a Changing World
– By Akash Pharande, Managing Director – Pharande Spaces India has been witnessing a consistent rise in urbanization over the years. A survey by the United Nations projects that by…
PE activity in real estate declines 5% in Q1 FY24 – ANAROCK Capital
ANAROCK Capital FLUX Q1 FY24 PE activity marginally declined by 5% in Q1 FY24 given the elevated interest rates Q1FY24 saw a mild softening in reported deal activity when as…
Q2 2023 Sees NCR’s Unsold Housing Stock Drop 21% Amid Robust Sales
Clocking the steepest decline of unsold inventory among the top 7 cities, NCR went from approx. 1,41,250 units by Q2 2022-end to approx. 1,10,990 units by Q2 2023-end Budget-wise, mid-segment…
Homebuyer’s Remorse – Causes and How to Avoid It
– by Akash Pharande, Managing Director – Pharande Spaces Buying a home is one of the most significant financial decisions you will ever make. Unfortunately, it is not uncommon for…
ISKCON Temple at Wave City organizes its 6th annual Jagannath Rath Yatra
ISKCON Temple at Wave City organized its 6th annual Jagannath Rath Yatra with an aim to unite all residents and express their devotion to Lord Jagannath. The procession started from…
Housing Sales Hit New Peak in Q2 2023 – Over 1.15 Lakh Units Sold in Top 7 Cities
Housing sales in Q2 2023 supersede previous peak of Q1 2023; top 7 cities register 36% Y-o-Y rise in sales against 84,940 units sold in Q2 2022 & over 1%…