Top 7 listed real estate players will develop approx. 92.5 Mn sq. ft. in top 7 cities and tier 2 & 3 cities in the next 2 years Kochi, Coimbatore, GIFT City, Hosur, Thrissur & Trivandrum prominent tier 2 & 3 for their expansion plans Bengaluru most preferred with all top 7 listed real estate players […]
Another 15% is under pressure but has scope for resolution & certainty on principal recovery Merely USD 18 bn worth loans under ‘severe’ stress that need immediate measures NBFCs & HFCs (including trusteeships) together account for 63% of total loans while banks account for 37% At least 75% of total lending to Grade A developers […]
To say the least, the Covid-19 crisis has transformed consumer preferences. The accent is now on safety, security and access to ‘around-the-corner conveniences. These are natural consequences of a major pandemic that makes us scared about things that never worried us too much before – even the air we breathe and getting too close to […]
Pune’s housing market has remained remarkably strong despite the Covid-19 pandemic. Both demand and new supply were consistent from July 2020 to March 2021 after the State government imposed first wave restrictions. Unfortunately, the second wave in April to June quarter this year caused far more damage to Pune’s housing sector. Recent data by real […]
~24,570 units sold across top 7 cities amid the 2nd COVID-19 wave in Q2 2021 Vs ~12,740 units sold during 1st wave in Q2 2020; ~58,290 units sold in preceding quarter – Q1 2021 MMR & Pune drive residential sales among top cities, together accounting for 46% of the total housing sales in Q2 2021 […]
Just when Pune’s housing market was recovering reasonably well with good demand and supply, the second Covid-19 wave disrupted its growth momentum. To make things worse, there has been a steep rise in the prices of construction materials like cement and steel, over and above increasing labour costs. There are more than 2.5 lakh homes […]
Of ~1.49 lakh units launched in top 7 cities in FY21, 58% were in the city peripheries; in pre-COVID-19 FY19, their share was 51% In Pune, 76% of all new launches in FY21 were in peripheral areas of Mulshi, Pirangut, Ravet, Chakan, Chikhali, Wadgaon Budruk, Talegaon Dabhade, & Undri among others; 67% in FY19 MMR had 67% new supply of FY21 in peripheral areas […]
Of total 93,140 units sold in first 3 quarters of FY21 (Apr-Dec 2020), top 8 listed realty players comprised a 22% share; leading unlisted players had 18% & others (non-branded) a 60% share FY17, of total 2.03 lakh units sold, listed players’ share was just 6%; leading unlisted realty players had a 11% share while […]
Of the total homes slated for delivery by 2021 year-end, at least 72% are already sold At least 28% of the total units to be ready by year-end are in NCR, followed by 26% in MMR, 18% in Pune Of total ~4.22 lakh units expected to be delivered by year-end, at least 40% are in […]
The pandemic hit top cities showcasing decline in High street rental rates in most major cities Avg. monthly rentals across top high street markets corrected in Q1 2021 vs Q1 2020; iconic Khan Market retail hub in Delhi saw rentals reduce 8-17% One of the worst-affected cities- Mumbai – saw high street retail rentals decline […]
