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 […]
New Housing Launches up by 50% in Q2 2018more
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 […]
At Bengaluru’s Yelahanka, sound planning drives real estate growthmore
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 […]
GST enters Year 2 – Real Estate Still Flummoxedmore
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 […]
Gurugram Real Estate – Q1 2018 vs Q1 2017more
By Realty Quarter Bureau The domestic cement sector is expected to post a 6% growth in FY2019 with growth momentum likely to sustain though input costs like power, fuel and freight expenses are likely to put pressure on the operating profitability of cement companies in the coming quarters, ratings agency ICRA has said. Domestic cement production was higher by […]
ICRA reports domestic cement sector to see growth post FY19 of 6%more
By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this […]
Knight Frank Reports increase in Co-working spaces in next 3 yearsmore
By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers […]
Indian Malls – Change is the Only Constantmore
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 […]
Realty 2018 – Can NCR Deliver on its Promises?more
By Realty Quarter Bureau Jindal Steel and Power beat consensus estimates for both revenue and net profit in Q4FY18. Revenue grew by 27.3% yoy to Rs8, 599cr (expectation Rs8, 081cr). EBITDA stood at Rs2, 136cr, up 37.7% yoy against estimates of Rs2, 014cr. EBIDTA margin rose by 187bps yoy to 24.8%. Adjusted Net Profit stood […]
Jindal Steel & Power Ltd Posts Consolidated Net Profit of Rs5.5cr in Q4FY18more
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
