Akash Pharande, Managing Director – Pharande Spaces Unfortunately, the interim budget 2024 didn't directly include any major positive changes for India's housing industry. While the expectations included industry status, tax…
Avg. flat sizes in top 7 cities increased from 1,175 sq. ft. in 2022 to 1,300 sq. ft. in 2023 MMR & Kolkata the only cities where avg. flat sizes…
In contrast, 2022 saw 82 land deals for 2,508+ acres closed; thus, 2022 and 2023 together saw 179 deals for 5215+ acres Of 97 land deals in 2023, approx. 74…
Share of top 10 deals was 87% of the total value of PE investments in 9M FY24 Avg. ticket size marginally increased to USD 95 Mn in 9M FY24 from…
– by Akash Pharande, Managing Director – Pharande Spaces The Indian real estate sector, particularly housing, is at a critical juncture as we approach the Union Budget for 2024-2025. Considering…
NCR’s inventory saw a 23% yearly decline – from approx. 1,23,692 units by 2022-end to approx. 94,803 units by 2023-end – the highest annual inventory decline among the top 7…
Anuj Puri, Chairman – ANAROCK Group In 2023, the residential real estate market experienced extraordinary growth, as new launches and home sales reached record highs. In 2023, sales of housing…
by Akash Pharande, Managing Director – Pharande Spaces As the veil lifts on 2024, property end-users and investors in and around Pune are firming up their New Year's resolution to…
When the concept of luxury homes crosses our minds, it's invariably associated with richness and extravagance. These homes are usually priced higher, adding to their coveted appeal. The evolving landscape…
Approx. 4,76,530 units sold in 2023 in the top 7 cities, against 3,64,870 units in 2022 – 31% yearly rise MMR records highest sales of approx. 1,53,870 units in 2023,…
Tie-up adds over 15 new cities to the flexi-workspace portfolio. Of 10.5 mn. sq.ft office space absorbed in Q3 2023 in top 7 cities, coworking accounts for approx. 20% share.…
From approx. 71,307 projects registered by Nov.-end 2021 to 1,16,117 projects as on Nov.-end 2023 Maharashtra registered highest number of projects (42,204) till date, followed by Tamil Nadu with 18,915…
Homes worth INR 3.49 Lakh Cr. already sold across the top 7 cities in first 9 months of 2023 – 7% higher than the entire 2022 sales value (approx. INR…
– by Akash Pharande, Managing Director – Pharande Spaces In the wake of the Indian stock market's record-breaking highs, many investors find themselves in a quandary. Should they continue investing…
Anuj Puri, Chairman – ANAROCK Group: With the fundamentals of the Indian economy remaining strong and the recently announced GDP rates indicating positive outlook, the RBI once again decided to…
In H1 FY2024, Grade A office space rental value across the top 7 cities averaged at INR 83/Sf/Mo – up from avg. of INR 77.5/Sf/Mo in the corresponding period in…
– by Akash Pharande, Managing Director – Pharande Spaces In India, no home is bought purely from an end-user perspective. The expectation is that it will also gain value over…
58 ultra-luxury homes (priced >INR 40 Cr) sold across the top 7 cities in 2023 till date; total recorded sales value of approx. INR 4,063 Cr In entire 2022, 13…
At 33%, Hyderabad’s Gachibowli records the highest avg. price jump among key micro markets in the top 7 cities b/w 2020 and 10M 2023, followed by Kondapur with a 31%…
– by Akash Pharande, Managing Director – Pharande Spaces Choosing a home is a significant decision that varies greatly depending on the stage of life you're in. Whether you're in…