Newsblare

Top 50            Stocks to Buy

Real Estate

Millennial Urban Comfort – ‘Real’ Value in a Changing World

India has been witnessing a consistent rise in urbanization over the years. A survey by the United Nations projects that by 2030, over 40.76% of India’s population will live in urban regions. World Bank statistics from 2017 add weight to this estimate – in that year, about 34% of the country’s population already lived in

Read More
Real Estate

PE activity marginally declined by 5% in Q1 FY24 given the elevated interest rates

Mumbai 10 July 2023 – Q1FY24 saw a mild softening in reported PE deal activity when as compared to Q1FY23 on a headline basis, according to ANAROCK Capital’s report FLUX for Q1 FY24. The reported numbers were propped up by a single large deal which accounted for about 3/4th of the overall deal activity. Shobhit Agarwal, MD &

Read More
Real Estate

Q2 2023 Sees NCR’s Unsold Housing Stock Drop 21% Amid Robust Sales

New Delhi, 5 July 2023: Residential property sales in Delhi-NCR skyrocketed since the pandemic and there are no indications of this momentum slackening in the second quarter of 2023. Unsold housing inventory in the region declined by over 21% annually – the steepest drop of available stock among all the top 7 cities, finds ANAROCK Research data. Delhi-NCR’s unsold housing

Read More
Real Estate

Homebuyer’s Remorse – Causes and How to Avoid It

Buying a home is one of the most significant financial decisions you will ever make. Unfortunately, it is not uncommon for some homebuyers to experience doubt and regret after the purchase. This is known as homebuyer’s remorse and can apply to any purchase, but buying a home is not the same as buying a mobile

Read More
Real Estate

Housing Sales Hit New Peak in Q2 2023 – Over 1.15 Lakh Units Sold in Top 7 Cities

Mumbai, 28 June 2023: Despite spiralling home loan rates in recent past and global economic headwinds including layoffs by several large and small corporates, the bull run in the Indian housing market continued in the second quarter of the year.  Quarterly housing sales are at an all-time high with approx. 1,15,100 units sold in Q2 2023 across the

Read More
Real Estate

The New Face of Mumbai Property Market: Why the Elite are Snapping Up Luxury Homes

There is a growing demand for luxury homes in Mumbai as the unsold inventory fell by a quarter by the end of March 2023. Mumbai had 15,520 unsold apartments at the aforementioned price point by the end of the first quarter of 2023, according to Anuj Puri, chairman of Anarock Group. Since the first wave

Read More
Real Estate

Unsold Stock of Homes Priced >INR 2.5 Cr Sees 24% Yearly Dip in MMR

Mumbai, 22 June 2023: Luxury housing sales continued to top the charts post the pandemic – particularly in MMR, where prices in this segment had dropped during the first wave. Latest ANAROCK data shows a 24% yearly decline in MMR’s unsold stock of homes priced >INR 2.5 Cr. At Q1 2022-end, MMR’s unsold stock in this

Read More
Real Estate

Supertech Plans to Raise 1600 Crore: A Step Towards Completing Ongoing Housing Projects in NCR

To complete its 18 ongoing housing projects across Delhi-NCR, Supertech Ltd plans to raise Rs 1600 crore from institutional investors by July, according to its Chairman RK Arora. According to Arora, due diligence is currently underway with investors for this interim funding, but the investors’ names were not disclosed. The Supreme Court recently approved interim

Read More
Real Estate

Rs. 2000 Note Withdrawal – Not a Housing Deal-breaker

The Reserve Bank of India’s decision to withdrawal Rs 2000 currency note from circulation has raised questions about its potential impact on the housing sector. Some believe that the move may lead to a rise in land deals and resale housing transactions with cash components, at least in the short-term while the shock lasts. Others

Read More
Real Estate

Amid 7% Increase of Avg. Flat Sizes in 5 Years, New Flats in MMR Shrunk 20%

Mumbai, 12 June 2023: Size continues to matter for Indian homebuyer, even after relative maket normalcy has been restored post the Covid-19 pandemic. Latest ANAROCK data indicates that average flat sizes in fresh supply hitting the top 7 cities grew 7% in the last five years – from approx. 1,150 sq. ft. in 2018 to approx.

Read More