India Inc. has already started pinning hopes on various economic reforms in the upcoming Union Budget 2023-24. Unavoidably, there is quite a bit of overlap with previous years in the form of recurring demands which have, so far, not been or insufficiently met. For instance, a price band of INR 45 lakh or below is […]
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, […]
We must prepare for a future of either completely deadlocked, polluted and unlivable urban grids – or successful implementation of Transit-Oriented Development India’s population is expected to exceed 550 million people by the end of 2030, and the burden on urban space in the country’s bigger cities will be mind-boggling. One of the biggest concerns urban […]
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, […]
