Mumbai, 7 March 2022 – Property registrations in Mumbai, the country’s most prominent real estate market, attained a record in February 2022, with the highest number of properties registered during the current fiscal year. According to data published by IGR Maharashtra, Mumbai saw a total of 10,379 properties registered last month – a 27% increase
Mumbai, 28 February 2022: Women are emerging in greater numbers as key home purchase decision-makers. Over the years, an increasing number of Indian women have been making independent and individual investments in the real estate market. According to the latest ANAROCK Consumer Sentiment Survey, real estate is now the preferred investment asset class for 64%
Most of the data coming in from research houses and consultants indicate that home-buying sentiment in India has picked up tremendously over the last 2.5 years. This is primarily because, in a pandemic like Covid-19, a home is the most valuable and practical asset to own. This is no longer just about sentiment. A unique
New Delhi, 23 February 2022: The sale of premium and luxury homes in the Millennium City has been rising steadily post the pandemic. Latest ANAROCK data indicates that of a total of 15,590 units sold in Gurugram in 2021, approx 30% were homes priced above INR 80 lakh. In pre-pandemic 2019, of 13,250 units sold,
Mumbai, 21 February 2022: Despite the cataclysmic second Covid-19 wave in H1 2021, approx. 2.78 lakh homes were completed across the top 7 cities in 2021, against over 2.14 lakh units in 2020, according to latest ANAROCK Research data. Of the total completed homes in 2021, the maximum completions were in NCR with approx. 86,590 units
Mumbai, 17 February 2022: 56% of respondents of the CII-ANAROCK Consumer Survey – H2 2021 expect housing prices to rise in 2022 due to Inflationary trends in construction raw materials and overall operational costs for developers. The survey, conducted between July and December 2021, polled 5,210 participants via various digital platforms across tier 1, tier
In India, it is an age-old question: What is preferable, ready-to-move (RTM) homes or under-construction properties? As is the case with most things in life, both have advantages and disadvantages. Nowadays, many Indian homebuyers prefer to buy ready-to-move flats in Pune and other major cities, mainly because they worry about whether under-construction projects will get
Real estate is one industry that thrived despite the onslaught of the pandemic. After all, we need a roof above our heads to keep our families and us safe. Added with COVID-19-related precautions to keep socially distanced by staying at home, owning or renting a house, unit, or apartment is a priority for most house
As per property brokerage firm PropTiger.com, housing prices rose by 3-7% across eight major cities. Due to soaring rates of construction raw materials like cement and steel, housing prices increased last year. Furthermore, housing sales rose 13% in 2021 to 2,05,936 units from 1,82,639 units in 2021 according to ‘Real Insight Residential – Annual Round-up
According to the World Bank Group, India retains its place as the fastest-growing emerging economies. While India already has the world’s biggest rural population at 857 million people, this is expected to reduce significantly. By 2050, almost 50% of India’s overall population will be living in urban areas. This is mainly due to the expansion
