The Highs and Lows of Indian Real Estate in 2018 – RealtyMyths

Anuj Puri, Chairman – ANAROCK Property Consultants New housing supply estimated at 1,93,600 units by 2018 end; an annual increase of 32% Housing sales in 2018 estimated at 2,45,500 units; an annual increase of 16% NBFC crisis holds sector at gunpoint as 2019 begins The year 2018 was a veritable rolle...Read More

RE/MAX India to invest 100 Cr by 2020 for expansion PAN India

~Plans to employ 5000 brokers in next 5 years~ RE/MAX India, the Indian arm of the global leader in real estate broking along with Franchise India announced its expansion PAN India plans at its convention in Bangalore. RE/MAX India plans to open around 500 offices employing 1000 agents in the next 2 ...Read More

RERA Deployment – Still Thin, But Complaints Galore!

  Anuj Puri, Chairman – ANAROCK Property Consultants More than a year and a half after the deployment of the Real Estate Regulatory Authority (RERA), it is evident that the Centre’s aim to have it enforced in each state to regulate the Indian real estate sector still falls way short of the intended m...Read More

56% buyers choose RERA for filing the complaint – Magicbricks Consumer Poll

Haryana RERA has received 1800 complaints; UP RERA regulator has disposed of 2200 out of 8100 complaints Within just over a year of its implementation, Real Estate (Development and Regulation) Act 2016, (RERA) has instilled faith and confidence among consumers as 56% of home buyers prefer to file the...Read More

RM Weekly Round Up

Hi folks, and welcome back to the weekly roundup, where we update you about happenings in the real estate world in the past week. So let’s get started! Beginning with the update on RERA. Hardeep Singh Puri warned the states against tweaking centre’s real estate law or else there will be harsh consequ...Read More

Ready-to-move Vs. Under-construction – Caveat Emptor!

Anuj Puri, Chairman – ANAROCK Property Consultants 4.25 lakh housing units ready-to-move-in in top & cities Only 5% buyers will consider under-construction projects RERA was supposed to save the day for homebuyers, but that doesn’t seem to have happened – at least not yet. In many states, R...Read More

RealtyMyths Weekly News Roundup

Hi Guys and welcome back to yet another Weekly Roundup, where we mention all the real estate affairs that took place in the past week.  Let’s get started! Starting with the update from Noida. Noida Authority gave ‘in-principal’ approval to the conversion of landholding rights from Leasehold to ...Read More

NRIs Buying Indian Property, And Indians Buying Property Abroad

Prashant Thakur, Head – Research, ANAROCK Property Consultants NRIs Eyeing Indian Properties Ever since the Indian rupee began nosediving, more and more NRIs (non-resident Indians) have turned their focus to the Indian real estate market. There are good reasons for this. Other than the favorable exch...Read More

RealtyMyths Weekly News Roundup

Hello folks! We’re back with the whole new weekly roundup of real estate updates. Beginning with the update on the sales of the residential sector. The sale in the residential sector is struggling since 2013-14, and facing the down all even after five years. Hence inventory level continues to remain ...Read More

Should You Buy a Home this Festive Season?

Anuj Puri, Chairman – ANAROCK Property Consultants The festive season is considered auspicious for property purchase and Indians across many states prefer to make informed property buying decisions during this period. To encash on the increased demand during the festive season, builders, on their par...Read More

NAREDCO National President reaches out to Indian diaspora in GCC Countries

~ Currency fluctuation makes buying Indian real estate a sweeter deal for NRIs, says Dr. Niranjan Hiranandani Telling afresh the growth story of Indian real estate, while not just communicating the message of the new regulatory regime post implementation of the Real Estate (Regulation and Development...Read More

Real Estate after RERA – Collaborate, Consolidate or Exit.

Shobhit Agarwal, MD & CEO – ANAROCK Capital DeMo, RERA and GST struck at the very heart of the previously unregulated practices prevalent in the Indian real estate. RERA, in particular, has been responsible for smaller and often unscrupulous developers taking a major hit not only in terms o...Read More

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