Vacant Affordable Housing – Causes (and Solutions?)

By Anuj Puri, Chairman – ANAROCK Property Consultants In any discussion about affordable housing in India today, the fact that a lot of such housing is actually lying vacant is bound to crop up. One may point out that, especially with the Government’s avowed intention of providing Housing for All by 2022, this supply should logically go towards bridging the affordable […]

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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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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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Knight Frank Reports increase in Co-working spaces in next 3 years

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 format from occupiers, property owners […]

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Mumbai Salt Pan Lands

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 opening of the salt pan […]

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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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Is 2018 the Turnaround Year for Indian Real Estate?

By Anuj Puri, Chairman – ANAROCK Property Consultants A quick look at the numbers of the first month of 2018 reveals that the market is changing for good. With new launch sales of 500 units across the top 7 cities of India in January 2018, new launch sales have doubled from December 2017. This uptick is a major motivational boost […]

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Frequently Asked Questions on Goods and Services Tax (GST)

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)

Q. What is GST? A. GST stands for Goods and Services Tax. GST will be a single destination based consumption tax that will replace existing taxes, including CENVAT, Octroi, Sales Tax, and Excise Duty, etc. Unlike the old tax structure, where the state of origin received tax revenue, in the new GST model the state in which goods and services […]

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