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 […]
Millennials, usually described as those born between 1981 and 1996, have been hogging the news as the new ‘power user’ group of Indians who are buying homes. Are they really such a big deal? Let’s look at some facts to understand why millennial are such an influential homebuying segment in India today. The United Nations […]
Investment in residential real estate is a very different kettle of fish than end-user homebuying. When the intention is to return on investment(ROI) in 2023, knowing how the housing asset class is performing is of prime importance. From an ROI perspective, there are two buckets to check in 2023 in the housing market – capital […]
In a recent report on housing prices in the country’s top cities, real estate consultants PropTiger.com found that average residential real estate price tags rose by 7% in 2022. In Pune, prices rose by 8% when compared to 2021. The consultants correctly attribute the price rise to the increased construction cost and the continuing demand […]
Mumbai, 13 February 2023: Average monthly residential rentals in the top 7 cities in both the luxury and the mid segment categories, were on a roll in 2022. Latest ANAROCK data shows that the key residential rental hotspots saw up to 23% growth in average monthly rentals between 2019 and 2022. Noida’s Sector-150 remained on top […]
You’re not alone if you harbour a desire to finally buy your own home and get off the rental treadmill. The great Indian homeownership dream is driven by a combination of cultural norms valuing property ownership, increasing urbanization and economic growth leading to higher disposable incomes, and various government initiatives encouraging homeownership. But one of […]
