Anuj Puri, Chairman – ANAROCK Property Consultants At long last, The Union Cabinet has approved the long-pending Model Tenancy Act. India’s States and Union Territories can now accordingly adapt and enact new laws or amend […]
Mumbai: The price gap between ready and ‘off plan’ or under-construction housing has been narrowing y-o-y since 2017 across the top 7 cities. Latest ANAROCK data reveals that the price gap between ready-to-move-in (RTM) and […]
Mumbai: Even as the region’s COVID-19 case count continued piling up, MMR emerged as one of the most buoyant residential markets in Q1 2021. It saw the highest yearly decline (8%) in total unsold housing stock […]
Mumbai: Until recently, millennials were consistently driving up the demand for studio apartments in the top 7 cities – to such an extent that, over the last 7 years, developers customarily offered this configuration in […]
By Anuj Puri, Chairman – ANAROCK Property Consultants Emulating its immediate neighbour Maharashtra which saw major boost in sales due to limited-period stamp duty cuts last year, Karnataka decided to reduce the stamp duty charges […]
Mumbai: Amidst various industry reforms in the last seven years, multiple new trends emerged in the Indian residential real estate market. Strikingly, housing rentals in key luxury markets saw better y-o-y growth between 2014-2020 than […]
Despite the pandemic, luxury housing (priced >INR 1.5 Cr) in Delhi-NCR performed reasonably well in 2020. Of the total housing sales of ~23,220 units that NCR saw last year, luxury housing comprised over 4% share […]
By Anuj Puri, Chairman – ANAROCK Property Consultants As expected, the repo rate and the reverse repo rates remained unchanged while maintaining an accommodative stance. With consumer inflation still trending at the upper end of […]
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