ANAROCK Property Consultants

Construction Ban in Bangalore – A Steep Price for Negligence

by Anuj Puri  The Karnataka government has proposed to ban construction of new apartments in Bangalore for 5 years. This is a harsh scenario to ponder, considering that the reasons that led to its need are haphazard over-construction and negligence to implement proper water management. While these we...Read More

ANAROCK Partners with Aldar to Market Its Abu Dhabi Properties in India

The ANAROCK Group, India’s leading specialised real estate services firm, has partnered with Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading property development, management and investment company, to market some of Abu Dhabi’s most sought-after properties to Indian...Read More

GST Council Meet – Real Estate’s Hopes Vs Reality

by Anuj Puri The real estate sector is obviously not without its own hopes from the first GST Council meeting of Modi 2.0. Reducing the GST rate for cement from the current 28% slab to 18% had been a long-standing demand of industry stakeholders. That said, while the announcement of such a reduction ...Read More

Unsold Luxury Housing Stock Declines 12% in 1 Year

-Overall unsold inventory of luxury homes (priced INR 1.5 cr – INR 2.5 cr) declines to 42,650 units in Q1 2019 from 48,300 units in Q1 2018 -MMR currently accounts for maximum share at 56% -Bangalore sees 49%, Kolkata 37% yearly decline in total unsold ultra-luxury homes -NCR and MMR each saw a 7% de...Read More

Indian Commercial Real Estate Beckons NRIs

 Shajai Jacob, CEO – GCC (Middle East) – ANAROCK Property Consultants India’s commercial office property asset class presents a profitable alternative for NRI investors looking at maximising returns and generating fixed income while simultaneously maintaining a low-risk investment p...Read More

Is Indian Real Estate Still a Profitable Investment Asset Class?

by Anuj Puri, Chairman – ANAROCK Property Consultants Let’s get straight into this question, which has been a concern among all stakeholders – financial planners, property owners, investors and prospective buyers – over the last few years. And only because real estate, particularly reside...Read More

Unsold Housing Inventory Overhang Hits New Low in 2 Years

Indian homebuyers are gradually returning to the market and taking advantage of favourable property prices and cuts in GST and home loan rates earlier this year. ANAROCK’s most recent data reveals that residential inventory in the top 7 cities overhang plunged to 30 months’ worth in Q1 2019 aga...Read More

Chennai’s New Affordable Hubs with ‘Walk-to-work’ Convenience – RealtyMyths

Perungudi, Thalambar, Perumbakkam, Mogappair, Vanagaram, Iyappanthangal and Gerugambakkam offer low property prices & proximity to major employment hubs Property prices in these micro markets range from INR 3,400 per sq. ft. to INR 7,800 per sq. ft. Social & physical infra in these locations ...Read More

Homing in on HSR Layout, Bangalore – RealtyMyths

Developed by the Bangalore Development Authority (BDA) decades ago, HSR Layout – home to upper-crust residents and even some ministers – is strategically located between major IT hubs including Electronic City, Outer Ring Road and Sarjapur Road. Not surprisingly given these excellent location anteced...Read More

Jewar International Airport: Revival for Noida and Greater Noida? – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants By what seems like a cruel twist of fate, the grounding of the country’s largest airline coincided with provisional construction approval for India’s largest (by surface area) airport at Jewar in Noida. It may be recalled that the Allahabad...Read More

2 Years of RERA: Project & Broker Registrations Rise Across States – RealtyMyths

 Anuj Puri, Chairman – ANAROCK Property Consultants Maharashtra still leads with 20,718 projects & about 19,699 RERA-registered real estate agents Gujarat comes second – 5,317 RERA-registered projects & 899 registered agents and agencies Karnataka – 2530 projects & about 1342 ...Read More

General Elections: The Real Estate Connection – RealtyMyths

Anuj Puri, Chairman – ANAROCK Property Consultants A new Government with a clear majority raised optimism in 2014 Nearly 5.45 lakh units launched in the year and nearly 3.43 lakh units sold – previous year saw the launch of approx. 4.6 lakh units) and lower sales Long-term benefits of rec...Read More

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