By Shobhit Agarwal, MD & CEO – ANAROCK Capital A decade ago (in 2007-08), prior to the global financial crisis hitting D-street, the Indian initial public offerings (IPO) market gave a stellar show with overall ₹41,300 crore funds raised, making India the 5th largest market in volume and 7th largest in value terms. Then the […]
Indian Real Estate’s IPO Revivalmore
By Anuj Puri, Chairman – ANAROCK Property Consultants The housing ministry’s decision to tweak the eligibility criteria for MIG-I and MIG-II home buyers for houses eligible for interest benefit under PMAY is a phenomenal move to boost sales of large-sized apartments. As per the revised norms, MIG-I category home buyers with household income between ₹ […]
Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Citiesmore
By Prashant Thakur, Head – Research, ANAROCK Property Consultants Located in south-eastern peripheries of Pune, Undri was once a small and unremarkable village outside the Pune municipal corporation limits. After opposition from residents regarding merging of Undri into the Pune Municipal Corporation (PMC) in 1997, it was demerged in 2002. In 2017, Undri came under […]
Undri, Pune – from Nondescript Hamlet to Residential Hotspotmore
By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Despite being hit by the overall slowdown in the real estate market and seeing price corrections up to 10% in most areas, Delhi-NCR continues to be attractive to end-users and investors. Being the national capital, Delhi attracts migrants from all across the country. In fact, as […]
Delhi-NCR – The Growth Story Continuesmore
By Anuj Puri, Chairman – ANAROCK Property Consultants Over 30 new shopping malls covering 14 million sq. ft. of area expected across top 8 cities by 2020 Indian retail pegged to grow by 60% to reach US$ 1.1 trillion by 2020 Tier 2 cities fast catching up with the metros Rapid urbanization and digitization, increasing disposable incomes and […]
The Rise and Rise of Indian Mallsmore By Anuj Puri, Chairman – ANAROCK Property Consultants Small is beautiful’ is the new buzzword with Indian millennials when it comes to buying homes in cities like Mumbai. These young professionals are less focused on size and look for homes in locations close or well-connected to their workplaces so that their daily commute is reduced […]
The Low-down on Compact Homes in Mumbaimore By Anuj Puri, Chairman – ANAROCK Property Consultants Buoyed by positive consumer sentiments and favourable policies, the Indian real estate sector is coming back on track. 2018 started on a positive note with the first quarter recording a q-o-q increase in housing sales, and the momentum seems to be increasing. With nearly 1,800 unit sales […]
Realty Sector Trending Upward with Increased Supply, Sales in FY 2018-19more
By Shobhit Agarwal, MD & CEO – ANAROCK Property Consultants From bad loans to loan defaulters to financial frauds and embezzlement, the Indian banking system seems to be in a crisis mode. And, needless to say, it will have a cascading effect on most sectors – including real estate. To build a project, developers largely […]
Will the Banking Mess impact the Real Estate Sector?more
Prashant Thakur, Head – Research, ANAROCK Property Consultants Mitigating the Hazards of NDZ to Affordable Housing Bonanza After a year-long delay, the final draft of Greater Mumbai Development Plan (DP) 2034 recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms of increased FSI and the […]
Mumbai Salt Pan Landsmore
By Anuj Puri, Chairman – ANAROCK Property Consultants The 14 spokes of RERA’s protective umbrella The Indian real estate industry, particularly the residential sector, was in the past correctly characterized as being unregulated and unorganized with unreasonable project delays and poor quality of construction being definitive aspects. The arrival of the Real Estate Regulatory Act […]
How RERA is revolutionizing Indian real estatemore