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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Why is living in PCMC a lifelong lifestyle choice for all age groups?

Pune has a lot going for it – it has a strong industrial belt, is a major education hub and an important base for the armed forces, and is the second major IT destination of the country. In recent years, the Centre for American Entrepreneurship called it an ‘emerging global start-up hub.’ This growth in […]

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Advisor Network Economic & Finance Market Overview Real Estate

MMR, Bengaluru and Pune Currently the Top 3 Cities for Property Investment

Property prices in India’s most expensive real estate market (MMR) have bottomed out; unsold inventory declines 6% annually – the highest y-o-y decline in 6 years IT/ITeS sectors booming amidst COVID-19 makes Bengaluru & Pune favourite investment destinations; Bengaluru saw unsold stock decline by a whopping 51% in 2020 since 2016 Pune saw avg. property […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Studio Apartments’ Growth Curve Hits Reverse Gear for 1st Time in 7 Years

Of a total of 884 projects launched in 2020 across the top 7 cities, just 130 projects offered studio apartments – a 15% share Of the new project launches b/w 2013 to 2020, those offering studio apartments increased y-o-y till 2019 – from 4% in 2013 to 19% in 2019 New pandemic realities and changing […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Which floor should you buy in a high-rise building: Pros and Cons of Higher and Lower Floors

With the relentless rise in urban population, there is pressure on the land and vertical growth is the only option available to developers. Most housing projects currently in the pipeline in cities like Mumbai, Pune and Bangalore are high-rises. In fact, with more than 53 skyscrapers (buildings >150 m tall), Mumbai has the maximum number […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Karnataka Stamp Duty Cut – Limited Impact

Emulating its immediate neighbour Maharashtra which saw major boost in sales due to limited-period stamp duty cuts last year, Karnataka decided to reduce the stamp duty charges to 3% for homes valued between INR 35 lakh to INR 45 lakh. This was revealed during the current state budget announcements. While the move does carry a […]

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Advisor Network Economic & Finance Market Overview Real Estate

Celebrating Indian Women as Homeowners

Previously a male prerogative, homeownership in India has undergone a massive cultural and perceptual change. More and more Indian women are now determined to own their homes rather than just live in them. According to BankBazaar’s Moneymood 2021 report, the average home loan size for women had increased to INR 31.20 lakh in 2020 from […]

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Advisor Network Economic & Finance Market Overview Real Estate

Women Emerge as Key Homebuyers, ~71% Want Ready Homes

For 62% women, Indian real estate is the preferred investment asset class for investment; in contrast, 54% men chose it over the stock market, FDs & gold At least 82% of women respondents will buy a home for end-use, 18% for investment; in contrast, 68% men will buy for end-use & 34% for investment Over […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Rental Appreciation Trumps Capital Price Growth in Top Luxury Markets Since 2014

Avg. rentals (for a min. 2,000 sq. ft. home) in top 7 cities’ key luxury markets rose 17-26% in 7 years (2014 to 2020); avg. capital prices rose max. 15% in the same period Gurugram’s Golf Course Road saw capital prices decline marginally in this period, while avg. rentals rose 17% – avg. prices currently […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

NRIs Eye Luxury Homes post-COVID, Bengaluru and Pune in Highest Demand

INR 90 lakh – INR 2.5 Cr the preferred budget-range for 73% NRIs post-COVID, against 41% pre-COVID; 3 & 4BHKs in top demand Bengaluru is the favourite investment destination for 24% of NRI respondents, followed by Pune with a 19% share 67% NRIs looking for ready-to-move-in options Of 24% respondents who have booked property in […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Indian Real Estate – No Progress Without Collaboration

The Indian real estate sector has seen a tremendous transformation over the last decade. In earlier years, it was unorganized and real estate developers used to build whatever they wanted, with no planning, quality control and accountability. We can see the evidence of such unorganized development in our cities even today. Moreover, Indian real estate […]

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