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

Pune Airport’s New Retail and Coworking Centre to Launch on 15 October 2022

Pune 18 June 2022: ANAROCK Retail, the retail services wing of property consultancy ANAROCK Group, expects to complete leasing out Pune Airport’s standalone mixed-use centre encompassing shopping, office & coworking, a food court and multi-level car park (MLCP) by the end of Q3 2022. As sole advisors for this massive development, called AeroMall and developed by Pebbles Infra-Tech Pvt. Ltd., […]

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Bollywood Glamour becomes a baggage for business women: Gauri Khan

“A business doesn’t need only contacts, name recognition and money before it is successful”. “There are variety of validating factors required such as Passion, Dedication, and Determination”, says Gauri Khan. However, according to interior designer Gauri Khan, you can only create a long lasting business with passion. Although it can take time, the potential is […]

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

Studio Apartments Hardest Hit in Scramble for Bigger Homes – Supply Share Down to 9% in H1 2022

Of 1,063 projects launched in H1 2022 across the top 7 cities, merely 91 offered studio apartments MMR & Pune are the biggest markets for studio apartments, with 78% and 20% share in H1 2022 Of 1,921 projects launched in pre-pandemic 2019, 368 offered studio apartments – the highest share since 2013  Y-o-Y demand decline […]

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

NCR Inventory Overhang Reduces to 27 Months in Q2 2022 From 80 Months Last Year

In Q2 2022, NCR now has the lowest housing inventory overhang since Q1 2015, aided by robust sales & restricted new supply Unsold stock sees a whopping 16% yearly decline – from approx. 1,68,710 units in Q2 2021-end to approx. 1,41,240 units as of Q2 2022-end Delhi-NCR developers remained cautious & restricted new supply despite […]

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

Housing Sales Moderate in Q2 2022, MMR and NCR Outperform Other Cities

Approx. 84,930 units were sold in Q2 2022, against 99,550 units in Q1 2022 MMR recorded highest sales of approx. 25,785 units, followed by NCR with approx. 15,340 units Approx. 82,150 units were launched in Q2 2022 against 89,150 units in Q1 2022 – a decline of 8%; MMR & Pune were the only markets […]

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

IT/ITeS Cities Have Lowest Grade A Office Vacancies, Pune Lowest at 8.5%

IT Office Vacancies in Chennai at 10.35%, Bengaluru at 11.25%, Hyderabad over 15% Cities not primarily driven by IT/ITeS, including NCR, have maximum office vacancy at 28.5%, Kolkata with 23.5%, MMR with approx. 16% NCR, MMR & Kolkata restricting new office stock supply in the future NCR has approx. 26 Mn sq. ft. of planned […]

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

Back to Nature – Is It Too Late for Pune?

Many of us remember the years when Pune was still a cool, green, peaceful, and pleasant city – a tranquil counterpoint to polluted Manic Mumbai less than 200 km away. Today, at the end of one of the worst summers any of us can recall, we realize how much has changed. In 2017, a depressing report […]

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Advisor Network Banking & Insurance Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate State & Urban

Hike in Repo Rate might affect Real-estate and Auto Sector say experts

Current inflation in India is not due to surge in demand exceeding supplies. On the contrary, consumption demand is subdued and the production capacity is underutilized. In such circumstances,recent hikes in repo rate from 4.0% to 4.9%, almost by 25%, might be counter-productive. It shall increase lending rate hiking EMI of Housing and Auto loan.  […]

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

36,830 Stuck or Delayed Homes Completed in the Last 5 Months, 45% in NCR

By 31st December 2021, approx. 5.17 lakh units (launched in 2014 or before) were stuck in various stages of incompletion in the top 7 cities; by May 2022-end, this has reduced to approx. 4.80 lakh units Total value of the current stuck/delayed housing stock exceeds INR 4.48 lakh crore NCR saw maximum completions with approx. […]

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

India Residential Real Estate – Service class buyers drive housing demand

The service class buyers in India is the dominant socio-economic segment and the primary homebuyer in this large nation. Post reforms and the pandemic, the markets have transitioned to be driven by end-users – prices remained range-bound, eliminating investors and speculators to a great extent. A developing nation with rapid urbanization, rising nuclear families, and […]

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