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

COVID-19 Sentiment Survey – 43% homebuyers now prefer peripheries, millennial buyers Up 31%

Ratio of end-users vs. investors is currently at 74:26; it was 59:41 in pre-COVID period 48% of respondents favouring real estate as an asset class are millennials aged 25-35 years; before COVID-19, they were just 17% Most NRIs prefer luxury homes (INR 90 Lakh – INR 2.5 Cr); 3BHKs & 4BHKs top the demand list […]

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

Punawale – Infrastructure and Affordability Gameschangers in PCMC

Strategically located off the Pune-Mumbai Expressway, Punawale has emerged as a flourishing real estate hotspot in West Pune. Punawale is popular with both homebuyers and rental housing tenants, making it an ideal investment destination. What works in its favour are affordability and easy connectivity to key areas in PCMC and Pune City, including the infotech […]

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

Luxury Housing Sales in Delhi-NCR Rise in 2020, Supply Decreases

NCR saw total housing sales of ~23,220 units of which over 4% was luxury homes priced >INR 1.5 crore onwards; in 2019, total share was ~3% Noida sold a total 3,240 units in 2020 – luxury comprised a 9% share; Gurgaon sold ~7,240 total units of which luxury comprised a 5% share NCR saw total […]

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Economic & Finance Press Releases Real Estate State & Urban

ANAROCK Seals Another Major Deal for 20 Acres of Land in Kolkata

Kolkata, 10 February 2020 – ANAROCK Property Consultants’ Land Division has announced the successful culmination of yet another significant land deal for 20 acres at Kolkata’s 262-acre Batanagar township in the Maheshtala area. The joint venture between development management partner Ambuja Neotia Group and Hiland Group includes 10 acres of land along the golf course, […]

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

Mumbai-Pune Expressway is the New Development Lifeline

A report published by Oxford Economics states that India will have most of the world’s fastest-growing cities between 2019 and 2035. Strangely, Pune is not included in the list of 17 cities where Bengaluru, Hyderabad and Chennai are mentioned prominently. But perhaps this is not surprising since the research is based solely on GDP growth. […]

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Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

Decoding FM’s Limited-Period ‘Safe Harbour’ Ordinance

COVID-19 in 2020 caused much upheaval across sectors including Indian real estate. Though residential property demand was quick to see signs of revival after the lockdown relaxations last year, government intervention at regular intervals became a necessity. Given the situation prevailing back in November 2020, one intervention to boost housing demand amid the pandemic was […]

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Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

How Union Budget 2021-22 Works for NRIs

In the whole debate about how the COVID-19 pandemic impacted Indian economy – and what was expected from Union Budget 2021-22 to revive it – the very important market community of non-resident Indians (NRIs) cannot be side-lined. As per the World Bank, India is said to have received inward remittances of approx. USD 75.9 Bn […]

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