Pune’s Real Estate Boom – Is Now the Perfect Time to Invest?
– by Akash Pharande, Managing Director – Pharande Spaces Pune, one of India's most vibrant real estate markets, has experienced rapid changes over the past few years. Latest data from…
NCR & MMR Housing Prices Surge 49% in 5 Years, Unsold Inventory Plunges
NCR recorded 49% jump in avg. residential prices b/w H1 2019 & H1 2024 MMR saw avg. residential prices appreciate 48% in the period Massive sales saw NCR witness over…
Residential Prices in Bengaluru See 57% 5-Year Jump, Inventory Overhang Down to 8 Months
Avg. prices are INR 7,800 per sq. ft. as on H1 2024-end against INR 4,960 per sq. ft. by H1 2019-end Inventory overhang fell to record low of 8 months…
Housing Sales Taper in Q2 2024 in Top 7 Cities – 8% Q-o-Q Fall, up 5% Y-o-Y
Q2 2024 saw approx. 1.20 lakh units sold in the top 7 cities, against the all-time best of 1.30 lakh units in Q1 2024 Among top 7 cities, only NCR…
Real Estate’s Hopes from The Upcoming Union Budget
by Akash Pharande, Managing Director – Pharande Spaces The Indian real estate sector is a crucible of economic growth and employment. The sector stands at a crossroads as the government…
Indian Retail Brands Embrace Omni-Channel Strategies to Boost Consumer Experiences
Anuj Kejriwal, CEO & Jt. MD – ANAROCK Retail The COVID-19 pandemic transformed e-commerce into a primary shopping method for Indians. Initially driven by deep discounts, e-commerce's appeal has endured…
Unlocking Growth – Real Estate’s Wish-list for Union Budget 2024-25
Anuj Puri, Chairman – ANAROCK Group With Union Budget 2024-25 set to be tabled in July, the real estate sector pins renewed hope on the Modi 3.0 regime. Expectations are…
Rental Price Growth Drops 50% In Top Cities as Housing Supply Surges
Residential rentals in key micro markets across top cities see anywhere between 2-4% quarterly growth in Q2 2024 (till date); In Q1 2024, quarterly rental growth was almost double b/w…
Housing Prices Soar with 13% CAGR as Inflation Moderates to 5.4%
Avg. property values in the top -7 cities have appreciated at a CAGR of 13% in the last 2 financial years. CPI inflation moderated by 1.3% on an annual average…
Election Fallout – Will Hyderabad’s Realty Market Falter?
Avg. property values in Hyderabad rose 45% between 2021 and Q1 2024 West Hyderabad, with highest concentration of office spaces, saw property values increase by 52% in this period 2,18,800…
Greater Pune – A Urban Expansion Benchmark by PMRDA
– by Akash Pharande, Managing Director – Pharande Spaces The Pune Metropolitan Region Development Authority (PMRDA) oversees an extensive and strategically significant territory now collectively referred to as Greater Pune.…
Unchanged Repo Rate Supports Affordability, Confidence in Housing Market
Anuj Puri, Chairman – ANAROCK Group The Reserve Bank of India's decision to keep the repo rate unchanged is a boon for the Indian real estate sector. This stability ensures…
Elections 2024 – Real Estate Looks Forward to Policy Continuity
Anuj Puri, Chairman – ANAROCK Group The early trends and the exit polls for the recently concluded elections for the 18th Lok Sabha elections anticipated continuity of ongoing policies by…
MMR’s Vertical Boom – High-Rises Over 40 Floors to Increase 34% by 2030
MMR saw 154 high-rise towers (of >40 floors) completed in MMR till 2023; 207+ new towers to be completed b/w 2024-2030. South Central Mumbai has highest share – 103 towers…
Unsold Housing Inventory – NCR Down 57%, South 11%, West 8% in 5 Years
In the North, Delhi-NCR's unsold inventory declined from approx. 2 lakh units by Q1 2018-end to approx. 86,420 units by Q1 2024-end In the South, Bengaluru, Hyderabad & Chennai saw…
The Future of Urban Living – The Sustainable Communities of Tomorrow
by Akash Pharande, Managing Director – Pharande Spaces I travel a lot to understand how different countries address their urban sprawl because we use such insights to design integrated townships…
Commercial Integration – Reshaping India’s Residential Landscape
– by Akash Pharande, Managing Director – Pharande Spaces One important feature changing how people live and work in India's fast urbanizing terrain is the incorporation of commercial areas into…
ANAROCK Revenue Up 36% at INR 566 Cr in FY24, Surpasses INR 550 Cr Target
In FY2023, the firm’s total revenue was INR 416 Cr ANAROCK surpassed INR 550 Cr revenue for FY24 thanks to bullish housing market, tech innovations Of the total revenue, INR…
Luxury Sales Share At 21% from 7% in 5 Years, Affordable Housing Down to 20% From 37%
Of 1.30 lakh homes sold in Q1 2024 across the top 7 cities, the share of luxury homes stood at 21% with approx. 27,070 units sold; 5 years ago, in…
Analyzing Indian Real Estate During Election Years
by Akash Pharande, Managing Director – Pharande Spaces The political atmosphere in India has a big impact on the property market, just like it does in other countries – especially…