If there is one thing that 2022 proved to the real estate investor, it is that housing is the most enduring and viable asset class in India. After several years of taking a back seat, housing property became the best possible investment opportunity in the past year. The viability of housing as an asset class
2022 was a phenomenal year for the re al estate sector, particularly the residential segment. There was robust housing demand, mainly from end-users, across the top cities and tier 2 and tier 3 cities. The below report illustrates trends that shaped India’s Housing Market in 2022. In the year’s first half, job security had improved
The 35 BPS rate hike by the RBI – the fifth consecutive rate hike this year – comes as no surprise. With repo rates now at 6.25%, there may be some repercussions on housing uptake. This hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive bps rate
Mumbai, 6 December 2022 – Since India’s Insolvency & Bankruptcy Code (IBC) was implemented in 2016, 25,225 cases involving a total of INR 10.5 Tn have been disposed of under its Sections 7, 9 and 10. A joint report by property consultants ANAROCK and leading law firm, Khaitan & Co points out that while real estate comprises just 5% of all
The residential housing market of Pune again proved its strength in 2022 as demand increased convincingly after the pandemic. Even during the lockdown periods of 2020 and 2021, interest in buying homes in Pune remained strong but the true demand potential emerged only once people were free to visit sites again. The interest rate hikes
Mumbai, December 2, 2022: While Bengaluru and Pune remain the top commercial office market for IT-ITeS and coworking occupiers, Bengaluru has overtaken Pune in overall office space activity. ANAROCK’s India Office Market Update H1 FY23 indicates that with approx. 6.1 Mn sq. ft. of new office completions and approx. 6.08 Mn sq. ft. office absorption in H1 FY23,
In contrast, the Jan-Sept. period of 2021 saw the closure of just 20 land deals for over 925 acres across these cities Mumbai, 21 November 2022: Land, the most precious finite resource amid rapid urbanization, has been seeing increased activity after the pandemic. Latest ANAROCK Research indicates that the top 8 cities closed at least 68
The demand for residential property in cities like Pune, where the option is available, is now being captured by township properties. More and more homebuyers will settle for nothing less than the autonomy, independence, and convenience of a home in integrated townships. Everything within easy reach became all the more important after the Covid-19 pandemic,
Women today have become financially independent and have been making informed financial decisions. What is even more striking is the way they have been owning and managing small businesses and entrepreneurial ventures which has got them exposed to many financial instruments and buying capacities in the lending landscape. Buying a home is the most important
Mumbai, 14 November 2022 – India will need to create adequate supply to meet an absorption of approx. 223 mn sq ft of Grade A warehousing demand over the next 3 years, finds the CREDAI-ANAROCK report ‘India Warehousing – A Sunrise Sector’. The report was released at NATCON 2022 held from in Abu Dhabi from 11-13 November, 2022. An equity
