Luxury Home Sales boost revenue collections in Mumbai in Feb. – Up 79% in a Year
Total revenue collected through stamp duty and registration fees in Mumbai in Feb. 2023 is over INR 1,102 Cr while back in February 2022 it was approx. INR 615 Cr…
Will India’s Millennial Homebuying Spree Continue Post-COVID-19?
– by Akash Pharande, Managing Director – Pharande Spaces Millennials, usually described as those born between 1981 and 1996, have been hogging the news as the new ‘power user’ group…
Inflation and Housing Prices – Your Time Starts Now
– by Akash Pharande, Managing Director – Pharande Spaces In a recent report on housing prices in the country’s top cities, real estate consultants PropTiger.com found that average residential real…
Add FIRE to Your Homeownership Journey
– by Akash Pharande, Managing Director – Pharande Spaces You’re not alone if you harbour a desire to finally buy your own home and get off the rental treadmill. The…
Republic Day – How the Indian Constitution Shaped its Housing Market
– by Akash Pharande, Managing Director – Pharande Spaces India’s Republic Day commemorates the enactment of the country’s Constitution on January 26, 1950. While the Constitution is fundamentally important at…
Gera Developments to add 2.5 Mn Sq. Ft. to its ChildCentric Homes Portfolio
ANAROCK Capital seals 12.5+ acres land deal in Wagholi, Pune ANAROCK Capital, the capital markets advisory and transactions arm of leading independent real estate services firm ANAROCK Group, has announced…
4.02 Lakh Homes Completed in 2022 Across Top 7 Cities, Highest in a Year Since 2017
Between 2017-2022, 2019 saw second-highest annual completion of more than 2.98 lakh units; 2021 saw approx. 2.79 lakh units completed across the top 7 cities MMR saw maximum completions in…
PE Investors Infuse $1,215 Mn into NCR Real Estate in 9M FY23 – a 58% Y-o-Y Rise
MMR, on the other hand, saw a dip – from $574 Mn in 9M FY22 to $224 Mn in 9M FY23 Chennai also saw increased PE action – from $37…
Mirae Asset Acquires Grade-A Warehousing Space in India
Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over a 10-acre land in Bhiwandi near Mumbai Transaction advisors ANAROCK…
What the Housing Industry Needs from Union Budget 2023
– by Anil Pharande, Chairman – Pharande Spaces & President – CREDAI Pune-Metro The Indian housing sector did very well in 2022. Recent reports by real estate consultants like Anarock…
Can a New Covid-19 Wave Impact Housing Demand in 2023?
– by Akash Pharande, Managing Director – Pharande Spaces After a prolonged feeling of restored safety and even complacency, we are now looking at the possibility of another wave of…
What Homes Will NRIs Buy in 2023?
– by Akash Pharande, Managing Director – Pharande Spaces NRIs are rightly seen as one of the most important buyer and investor segments in Indian residential real estate. They have…
Millennial Demand to Drive Housing Investment Value in 2023
– by Anil Pharande, Chairman – Pharande Spaces & President – CREDAI Pune-Metro If there is one thing that 2022 proved to the real estate investor, it is that housing…
VitrA ArchiPlan Collection
Every project is unique with different needs. To meet these needs, ArchiPlan Collection is carefully designed by Design Studio VitrA. An ideal solution for homes, hotels, restaurants, cafes and bars,…
Pune Housing Market – Review of 2022 and Predictions for 2023
– by Akash Pharande, Managing Director – Pharande Spaces Review of 2022 Pune’s residential real estate market again proved its strength in 2022 as demand increased convincingly after the pandemic.…
Transit-Oriented Development – Making Indian Cities Liveable Again
– by Akash Pharande, Managing Director – Pharande Spaces We must prepare for a future of either completely deadlocked, polluted and unlivable urban grids – or successful implementation of Transit-Oriented…
Top 8 Cities See 68 Land Deals for 1,656+ Acres in 9M 2022
In contrast, the Jan-Sept. period of 2021 saw closure of just 20 land deals for over 925 acres across these cities Of total land deals in 2022 (Jan-Sept.), nearly 40…
Integrated Townships – Shelters Amid Urban Chaos
– by Anil Pharande, Chairman – Pharande Spaces & President – CREDAI Pune-Metro The demand for residential property in cities like Pune, where the option is available, is now being…
$3.8 Bn Funding Needed to Meet India’s 223 Mn sq. ft. Warehousing Demand in Next 3 Years
Grade A warehouse absorption rose from 34 Mn sq. ft. in 2018 to 48.5 Mn sq ft in 2021 at a CAGR of 12.6%, supply up from 37.8 Mn sq.…
Homes Worth INR 1.56 Lakh Cr. Sold in Top 7 Cities in H1 FY23, Yearly Gain of 119%
Approx. 1,73,155 homes were sold across the top 7 cities in the first two quarters of FY23, against 87,375 in the corresponding FY22 period INR 71,295 Cr total estimated value…