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Real Estate

Unchanged Repo Rates A Boon for the Housing Market

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 estate market, which faces a tough road ahead amid massive layoffs by large corporates the world over. India is not decoupled from global economic dynamics and their invariable impact on the

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Real Estate

Housing Sales Breach 1 Lakh Mark in Q1 2023 Amid High-end Homes Demand Boost

Mumbai, 27 March 2022 : Despite global economic headwinds, including layoffs by several large and small corporates, the bull run in the Indian housing market continued in the first quarter of the year. Quarterly housing sales are at an all-time high in the last decade, with approx. 1,13,770 units sold in Q1 2023 across the top 7 cities,

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Real Estate

Affordable Housing Supply Share at 20% in 2022 – Where Is It Headed?

India and the rest of the world came to a literal standstill with Covid-19 in 2020, and the brief recovery thereafter was followed by the Russia-Ukraine war – which has negatively reset the whole world’s economic barometer. Next came the bursting of a tech boom bubble created by the Covid-19 pandemic, with mass layoffs at

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Real Estate

India’s Affordable Housing Story – No Happy End in Sight?

Affordable housing is about providing decent homes at low prices that are within reach of lower- and lower-middle-income buyers. There are many definitions of affordable housing, but the government defines it as homes with a carpet area of up to 60 square meters. A house must cost no more than Rs. 45 lakh to be

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Real Estate

INR 45-90 Lakh ‘Sweet Spot’ for 36% Women Homebuyers – Survey

Mumbai, 6 March 2023: At a time when housing sales have reached an all-time high, women are a key homebuyer segment. 83% women respondents in ANAROCK’s most recent Consumer Sentiment Survey looking at homes priced above INR 45 lakh. The INR 45 – 90 lakh budget range is the ‘sweet spot’ for 36% of women home

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Real Estate

The Pros And Cons Of Buying Vs. Renting A Home

Many dreams of owning, but buying or renting is a tough decision you have to make as they involve your lifestyle, financial health, and self-goals. Your choice depends on your financial status and lifestyle. This kind of decision needs time and much thought. Weigh your options before you decide, as buying and renting require consistent

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Real Estate

Steps to understand 1031 exchange rules for Real Estate investors

If you are a smart and knowledgeable real estate investor, you know that the 1031 exchange is a common strategy that will help to grow your net worth faster than ever. It will also improve the portfolio and is more efficient.  1031 exchange news has fascinated many investors to sell through these exchange policies. If

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Real Estate

Luxury Home Sales boost revenue collections in Mumbai in Feb. – Up 79% in a Year

Mumbai, 1 March 2023: The bull run in Indian luxury housing continues even while property prices are on the rise. As per Inspector General of Registration (IGR), Maharashtra, India’s most expensive city – Mumbai – saw revenue collections from property registrations touch new high in February 2023 at INR 1,102 Cr. This was a whopping 79%

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Real Estate

Indian Women – The Empowerment of Homeownership

Each year, we celebrate International Women’s Day on March 8th to recognize women’s social, economic, cultural, and political achievements and to call for gender equality. The goal is to raise awareness about the need to end gender-based violence, promote women’s leadership, celebrate their contributions, and advocate for women homeownership economic empowerment. Of course, discussions about

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Real Estate

Nearly 25 Mn sq. ft. Mall Space to be Added in Top 7 Cities in Next 4-5 Years

Mumbai, 22 February 2023: Driven largely by rising consumption, the rebound in Indian retail market has been exemplary in 2022 which is favourably impacting retail real estate across the country, finds a joint report by real estate consultants ANAROCK and Retailers Association of India (RAI). Buoyed by the growth, developers now plan to add nearly 25

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