Over 87 land deals for 1862+ acres closed in FY-23 across India
In contrast, FY-22 saw 44 land deals for approx.1,649 acres closed FY-23 saw over 76 land deals for approx. 1,059 acres closed in top 7 cities: the remaining 11 deals…
Get Pre-Lease Apartment Rentals for Off-Campus Housing in Austin, TX, with The Westside Group
Austin, TX – Multiple studies have shown that apartments near school, work, and other activities can significantly improve students’ overall quality of life. Being nearby from home helps students get…
How Pune’s Cultural Quotient Boosts its Real Estate Market
– by Akash Pharande, Managing Director – Pharande Spaces Pune is renowned for its rich history, culture, and tradition, and is often referred to as the cultural capital of Maharashtra…
Coworking Share in Office Real Estate at 27% in Q1 2023, Up From 14% in Q1 2019
Of over 8.2 Mn sq. ft. net office space in Q1 2023 across the top 7 cities, coworking comprised approx. 2.18 Mn sq. ft.; in pre-Covid Q1 2019, approx. 1.3…
Bengaluru’s Key Areas See Housing Rents Grow Over 20% Y-o-Y in Q1 2023, Beat Other Cities
Thanisandra Main Rd & Marathahalli-ORR in Bengaluru record highest residential rental growth of 24% each on yearly basis in Q1 2023 (for a standard 2BHK home of 1,000 sq. ft.…
45% Property Seekers in NCR and 32% in MMR Prefer to Buy 3BHKs – CII-ANAROCK Report
Millennials continue to drive housing demand; in the report’s survey segment, 52% participating property investors were millennials End-user – investor ratio at 71:29; of all surveyed end-users, over 77% are…
Q1 2023-end Housing Inventory Down to 20 Months from 42 Months in 2018
The lowest inventory overhang in last five years; in Q4 2020, it was the highest at 55 months across the top 7 cities In Delhi-NCR, inventory dropped the most in…
Bhumi Pooja of PDA approved plots in “Navyug Smart Mini City”
● 12.5 Acre Integrated Housing society is RERA registered and approved by Prayagraj Development Authority ● Apartments and Plots have been launched. ● 1/2/3 BHK apartments and 125 plots are…
Unchanged Repo Rates A Boon for the Housing Market
Anuj Puri, Chairman – ANAROCK Group Much against general expectations, the RBI decided to keep the repo rates unchanged at 6.5% today. This is indeed good for the residential real…
Housing Sales Breach 1 Lakh Mark in Q1 2023 Amid High-end Homes Demand Boost
Of total 1.14 lakh units sold across top 7 cities in Q1 2023, approx. 24% were in the high-ticket segment priced >INR 1.5 Cr Quarterly sales numbers at all-time high;…
India’s Affordable Housing Story – No Happy End in Sight?
– by Akash Pharande, managing Director – Pharande Spaces Affordable housing is about providing decent homes at low prices that are within reach of lower- and lower-middle-income buyers. There are…
LML Homes Acquires 5-acre Land Parcel in Chennai for INR 60 Cr
LML Homes, a residential apartments developer has acquired a 5-acre land parcel in Kattupakkam, Chennai – close to the proposed Kattupakkam Metro Rail Station. The value of the purchase transaction…
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…