Due to strong housing demand, Godrej Properties Ltd acquired 18 land parcels last fiscal for the development of new projects with a sales potential of around Rs 32,000 crore. For future development, Mumbai-based Godrej Properties, part of the Godrej Group, plans to add land parcels with sales revenue potential of Rs 15,000 crore. In contrast,
Mumbai, 14 April 2023 – Significant numbers of large real estate platform deals were announced in FY23, finds ANAROCK Capital’s FLUX FY23 Report. The platform deals worth $4.5 Bn was announced across real estate asset classes. Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “Commercial real estate and Industrial & Logistics attracted Pan India platforms with
Mumbai, 10 April 2023: On the back of significant momentum in the residential property market, housing inventory overhang across the top 7 cities plunged to just 20 months by Q1 203-end, from 42 months by Q1 2018-end – reaching the lowest in the last five years. ANAROCK data shows that the inventory overhang in the top
Much against general expectations, the RBI decided to keep the repo rates unchanged at 6.5% today. This is indeed good for the residential real estate market, which faces a tough road ahead amid massive layoffs by large corporates the world over. India is not decoupled from global economic dynamics and their invariable impact on the
Mumbai, 27 March 2022 : Despite global economic headwinds, including layoffs by several large and small corporates, the bull run in the Indian housing market continued in the first quarter of the year. Quarterly housing sales are at an all-time high in the last decade, with approx. 1,13,770 units sold in Q1 2023 across the top 7 cities,
India and the rest of the world came to a literal standstill with Covid-19 in 2020, and the brief recovery thereafter was followed by the Russia-Ukraine war – which has negatively reset the whole world’s economic barometer. Next came the bursting of a tech boom bubble created by the Covid-19 pandemic, with mass layoffs at
Mumbai, 6 March 2023: At a time when housing sales have reached an all-time high, women are a key homebuyer segment. 83% women respondents in ANAROCK’s most recent Consumer Sentiment Survey looking at homes priced above INR 45 lakh. The INR 45 – 90 lakh budget range is the ‘sweet spot’ for 36% of women home
Many dreams of owning, but buying or renting is a tough decision you have to make as they involve your lifestyle, financial health, and self-goals. Your choice depends on your financial status and lifestyle. This kind of decision needs time and much thought. Weigh your options before you decide, as buying and renting require consistent
Mumbai, 1 March 2023: The bull run in Indian luxury housing continues even while property prices are on the rise. As per Inspector General of Registration (IGR), Maharashtra, India’s most expensive city – Mumbai – saw revenue collections from property registrations touch new high in February 2023 at INR 1,102 Cr. This was a whopping 79%
Each year, we celebrate International Women’s Day on March 8th to recognize women’s social, economic, cultural, and political achievements and to call for gender equality. The goal is to raise awareness about the need to end gender-based violence, promote women’s leadership, celebrate their contributions, and advocate for women homeownership economic empowerment. Of course, discussions about
