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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

PE Investors Infuse $1,215 Mn into NCR Real Estate in 9M FY23 – a 58% Y-o-Y Rise

Mumbai, 10 January 2023: The Covid-19 pandemic was no deterrent for the NCR real estate market, which remained vibrant and performed remarkably well in 2022. The region witnessed more interest from private equity players than its counterpart realty hotspot MMR. ANAROCK Capital’s Flux – 9M FY23 report reveals that PE players invested USD 1,215 Mn into NCR the […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

NCR Sees Highest Land Appreciation Since 2019, 38% Rise on Yamuna Expressway

Avg. prices of plots on Yamuna Expressway were INR 1,600/sft in 2019 – now up to INR 2,200/sft; plot prices also rose in Greater Noida West (36%) & Neharpar in Faridabad (29%) Among the major 7 cities, NCR’s top 3 localities saw maximum rise in average plot prices COVID-19 strengthened demand for land for long-term […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

NCR Inventory Overhang Reduces to 27 Months in Q2 2022 From 80 Months Last Year

In Q2 2022, NCR now has the lowest housing inventory overhang since Q1 2015, aided by robust sales & restricted new supply Unsold stock sees a whopping 16% yearly decline – from approx. 1,68,710 units in Q2 2021-end to approx. 1,41,240 units as of Q2 2022-end Delhi-NCR developers remained cautious & restricted new supply despite […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Housing Sales Bull Run Continues in Q1 2022, Over 99,550 Units Sold in Top 7 Cities

Sales numbers in a quarter at all-time high since 2015; annually, top cities register over 71% Y-o-Y rise in sales against 58,290 units sold in Q1 2021 MMR & NCR account for 48% of total sales; NCR sees 114% yearly jump New launches rise 43% Y-o-Y – from 62,130 units in Q1 2021 to over 89,150 […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

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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