Anuj Puri, Chairman - ANAROCK Property Consultants
Business

Price Difference of Ready and Under-construction Homes Lowest Ever at 3-5% in Q1 2021 3o73v

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 […]

Business

MMR Unsold Housing Stock Falls 8% Y-o-Y Despite New Launches 1m6h2o

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 […]

Business

Studio apartments’ growth curve hits reverse gear for 1st time in 7 years 62sp

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 […]

Business

Karnataka Stamp Duty Cut – Limited Impact 3q1z1q

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 […]

Business

Rental Appreciation Trumps Capital Price Growth in Top Luxury Markets Since 2014 3p166i

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 […]

Business

Luxury Housing Sales in Delhi-NCR Rise in 2020, Supply Decreases… t2311

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 […]

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Business

Monetary Policy Keeps Rates Unchanged 1s4a1f

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 […]