In Q1 2024, of approximately 1.30 lakh homes sold across the top 7 cities, luxury homes priced above Rs 1.5 cr constituted a significant share of 21 per cent, accounting for around 27,070 units. This marks a drastic increase compared to Q1 2019 when luxury homes comprised only 7 per cent of
With a steep rise in rental housing demand in the top cities, average rental values have soared, and rental income has been heading steadily north. Rental income is the annual rate of interest investors earn from capital invested in a property.
The residential segment continues to drive the Indian real estate market, which also reflects in the land deals it is generating. Amid all-time high residential demand, several large and listed developers and other entities continued to snap up land.
The Indian residential real estate market has greatly benefited from several reforms by the Modi-led government, helping the industry not only to emerge stronger but also to scale new heights.
Mumbai (Maharashtra) [India], April 5: Leading independent property services group ANAROCK has announced the launch of its dedicated commercial office leasing services, and the appointment of CRE veteran Peush Jain as Managing Director - Corporate Leasing & Advisory. After successfully l
Quarterly housing sales are at an all-time high, with approximately 130,170 units sold in January-March quarter of 2024 across the top seven cities, reveals real estate consultant Anarock data. This is a 14 per cent yearly rise against approximately 113,775 units sold back in January-March 2
Mumbai (Maharashtra) [India], March 29: In the bustling metropolis of Mumbai, the demand for residential properties has seen a remarkable surge, particularly along the Western Express Highway (WEH). This golden corridor, stretching through the heart of the city, has become a hotbed for real
All indicators currently favour a bull run in the Indian residential real estate market in election year 2024, and it is likely to repeat what it went through in 2014 and 2019, according to real estate consultancy firm Anarock.
Mumbai (Maharashtra) [India], March 14: The office work culture has undergone a profound transformation in the last decade, particularly since the pandemic. And the rise of the coworking ecosystem, carving out a niche within the traditional commercial office space, stands as a testimony to t
The year 2023 was remarkable for the Indian housing sector, with record-high sales and new launches across the top seven cities. The latest data put out by real estate consultancy firm ANAROCK Research revealed that unit completions between 2017 and 2023 have not lagged this trend.
Mumbai (Maharashtra) [India], February 5: ANAROCK, a leading Indian independent real estate consultancy, has announced an investment of ~Rs 200 Cr (USD 25 Mn) from 360 ONE Asset Management Limited (earlier known as IIFL Asset Management) (360 ONE Asset), one of India's largest alternate asse