Increased Property Purchase Costs – Hype Vs. Reality

Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a surcharge of 1% on stamp duty, effectively raising it to 6% from the existing […]

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New Housing Launches up by 50% in Q2 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants Affordable Housing Keeps the Momentum Going   Unsold inventory down 2% from 7.11 lakh units in Q1 2018 to 7.0 lakh units in Q2 2018 Unsold inventory declined 10% from 7.7 lakh units in Q4 2017   There has been a whopping 50% jump in overall new housing launches in Q2 2018 over the preceding quarter, with […]

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At Bengaluru’s Yelahanka, sound planning drives real estate growth

By Prashant Thakur, Head – Research, ANAROCK Property Consultants  Despite new launches decline, property prices in Yelahanka did not correct significantly and actually appreciated by 9% in the past 2 years Existing since the 12th century, Yelahanka is closely linked with the origin of Bengaluru. The book ‘Bengaluru to Bangalore’ by T.V. Annaswamy mentions that the word ‘Yelahanka’ is derived […]

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GST enters Year 2 – Real Estate Still Flummoxed

By Anuj Puri, Chairman – ANAROCK Property Consultants The landmark reform of Goods & Services Tax (GST) was, in many ways, the final bullet shot to the Indian real estate sector in July 2017. The industry was already reeling under the immediate impact of DeMo and RERA. GST was touted to be a gamechanger for all sectors including real estate. […]

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Gurugram Real Estate – Q1 2018 vs Q1 2017

By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Residential Real Estate The Millennium City of Gurugram has a very prominent place on India’s residential real estate map and is considered a bellwether of the state of the market for NCR. If we study what happened in the city’s housing market in the first quarter of 2018 against the same period in 2017, […]

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Realty 2018 – Can NCR Deliver on its Promises?

By Prashant Thakur, Head – Research, ANAROCK Property Consultants  Project delays are one of the most alarming issues historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated funds to other projects and tepid sales are some of the predominant factors resulting in project delays. […]

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Bengaluru housing sector outstrips Hyderabad, Chennai in Q1 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants Addition of nearly 6,800 new units marks 127% increase over previousquarter  Emerging as the front-runner in the major South Indian markets in terms of new housing supply infusion, Bengaluru saw significant growth in new housing launches as well as absorption in Q1 2018. In fact, Bengaluru saw highest launches among these markets with […]

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Walk-to-work Trend Gathers Pace in Mumbai’s Goregaon

By Prashant Thakur, Head – Research, ANAROCK Property Consultants Goregaon, located on the western lines of the Mumbai suburbs, is one of the oldest and most popular residential areas in MMR. A vibrant residential hub, Goregaon lies between Bandra and Borivali and has earns its tag as a premium residential hotspot due to its proximity to the entertainment industry in Bandra and Juhu. In a […]

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27% increase in new housing launches in Q1 2018 over previous quarter reports ANAROCK

By ANAROCK Property Consultants Unsold inventory decreased by 2% from 7.27 lakh units in Q4 2017 to 7.11 lakh units by Q1 2018 According to ANAROCK Property Consultants’ latest research, 2018 has started on a positive note with residential unit launches making a comeback and recording a 27% increase in Q1 2018 from the previous quarter across top 7 cities of India. […]

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Green Buildings – India 2nd after US in sustainable real estate projects

But is it enough? ANAROCK’S latest real estate research report provides critical data and insights  By Anuj Puri, Chairman – ANAROCK Property Consultants Although sustainable real estate is still in a nascent stage in the country, India is actually one of the leading counties when it comes to green buildings development. In fact, India ranks only second after the U.S. […]

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