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Real Estate

Covid-19 Impacts Vertical Growth – High-Rises Supply Share Dips to 52% in 2021

Mumbai, 7 February 2022: Vertical growth, one of the most defining characteristics of Indian urbanization in over a decade, has become Indian real estate’s latest Covid-19 ‘casualty’. Latest ANAROCK research reveals that among new projects launched since 2019, the share of high-rises had shrunk to 52% in 2021 against 63% in the pre-Covid year. Of

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Real Estate

China’s property developers cannot access U.S. bond markets

China’s property developers face a hard time accessing U.S. bond markets. Annalisa Di Chiara, a senior VP at Moody’s, informed CNBC, “Squawk Box Asia” on Monday, “We are seeing the trend of China property turmoil continuing to dampen enthusiasm for some high-yield issuance.”  Furthermore, she added that China’s property developers have nearly $35 billion worth

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Real Estate

Union Budget 2022-23: Focus On Infrastructure to Drive Real Estate Growth

Providing a broad-spectrum booster shot to the economy, Union Budget 2022-23 is progressive – especially with its emphasis on building the infrastructure of the country. The FM clearly emphasised the top priorities of the government – PM Gati Shakti for sustainable growth, inclusive development, productivity enhancement, and financing of investments. Notably, the government also expanded

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Real Estate

Avg. Revenue Per Property Registration in Maharashtra Rose by 78% in January 2022

As of 24th January 2022, Maharashtra reported 92,055 property registration in the first month of 2022. Though this is 33% lower compared to the previous month, a few working days are still left for the month to end. Anuj Puri, Chairman – ANAROCK Group said, “The revenue from property registration in Maharashtra has also declined

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Real Estate

BSE Realty Index Clocks 204% Growth Amid COVID-19, Outperforms Other Sectoral Indices

19 January 2022: Two years into the pandemic, India Inc and the population at large have been on a veritable rollercoaster ride. Nation-wide lockdowns, localized intermittent restrictions on the back of new COVID-19 variants have become a become a part of life. After considerable apprehensions over the future when the pandemic first broke out, the

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Real Estate

Golf Homes – A Rare Luxury Housing Category

Because the elite game of golf has been around in India ever since most of us can remember, it does not mean it always existed here. However, India does have a long, rich golf heritage dating back to the 19th century – and it does have the distinction of being only the second country in

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Real Estate

Unsold housing Inventory overhang to 32 Months From 55 Months by 2021-end, Close to 2019 Levels

Mumbai, 17 January 2022: The Indian residential property market held its own in 2021, with sales rebounding to more than 90% of the pre-pandemic 2019 levels. Resultantly, the housing inventory overhang across the top 7 cities plunged to 32 months by 2021-end, closing in on the 30 months reading by 2019-end. ANAROCK data shows that the

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Real Estate

How to become a real estate broker with no experience

The role of the real estate broker is to help their clients navigate the real estate transaction. The agent represents a seller by listing the property for sale, advertising the property, and arranging and overseeing open houses and other viewings. Whenever a broker represents a buyer, they determine the client’s needs, find properties that meet

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Real Estate

Real Estate Pins Hope on Union Budget 2022-23

The residential sector witnessed a strong comeback in 2021, with housing sales in the top 7 cities rebounding to 90% of pre-COVID levels and new launches reaching 2019 levels. While the housing sector’s prospects generally look upbeat in 2022, it remains to be seen to what extent, if any, the new COVID-19 variant Omicron impacts

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Real Estate

NCR 2nd-best Housing Sales Performer in 2021

As per ANAROCK Research, entire NCR saw housing sales increase by 73% – from 23,210 units in 2020 to 40,050 units in 2021. Back in the pre-COVID-19 period of 2019, total sales in the region were approx. 46,920 units, thereby reaching 85% of the pre-Covid period. With this performance, NCR comes second only to MMR

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