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…
Housing Prices Are Rising – Time to Invest?
– by Akash Pharande, Managing Director – Pharande Spaces For a long time, investors had largely steered away from residential real estate as capital appreciation was almost non-existent, and rentals…
Housing Sales in Top 7 Cities to Create New Peak in 2022, Breach Previous High of 2014
Total housing sales will exceed 3.6 lakh units in the top 7 cities in 2022; the last peak in 2014 saw 3.43 lakh units sold The first 9 months of…
Tamil Nadu Sees 828% 3-year Jump in RERA Projects Registrations, UP Just 22%
Project registrations see a 109% jump in last 3 years – from 45,307 projects on 8 Oct 2019 to nearly 94,513 projects currently Agent registrations touch 69,766 in 8 Oct.…
Buying a Home in Times of Inflation – Smarter Than You Think
– by Anil Pharande, Chairman – Pharande Spaces & President – CREDAI Pune-Metro As India tries to adjust to the new realities brought on by the Covid-19 pandemic and then…
Equities, Gold Recover, Housing Gets Lucrative Again
The equities market yielded to the pandemic during the 1st phase and crashed 29% between December 2019 and March 2020 at the onset of the lockdown. Gold appreciated in 1st…
Slowdown – Is the IT/ITeS Dream Run Over for Indian Housing?
by Akash Pharande, Managing Director – Pharande Spaces Over the past few decades, Information Technology (IT) has been a primary driving force behind housing sales in many key Indian cities.…
Real Estate PE Investments Log 40% Annual Rise in 1H FY23 – ANAROCK Capital
Investor confidence in Indian real estate is increasing steadily on the back of improvement in the Indian economy despite global headwinds, and the continued robustness of its real estate industry.…
How a Construction Ban in Delhi-NCR Would Impact Under-construction Projects
As many as 5.68 lakh housing units are currently under various stages of construction in entire Delhi-NCR Of these, more than 4 lakh units (or 70%) are under construction across…