Housing Sales Hit New Peak in Q2 2023 – Over 1.15 Lakh Units Sold in Top 7 Cities
Housing sales in Q2 2023 supersede previous peak of Q1 2023; top 7 cities register 36% Y-o-Y rise in sales against 84,940 units sold in Q2 2022 & over...
ANAROCK Patents AI-powered Proptech Tool ASTRA
Revolutionary sales acceleration tool deployed in 200+ projects across 21 cities in the last one year ANAROCK, India's largest and leading residential real estate services group, has announced...
ATS HomeKraft delivers 1200+ homes in Happy Trails, two years ahead of RERA date
[gallery] ATS HomeKraft, the 80:20 joint venture between ATS group and HDFC Capital Advisors, has started giving possessions of its first project - Happy Trails, comprised of 1,239 residential units. Spread...
Unsold stock of homes priced >INR 2.5 Cr sees 24% yearly dip in MMR
Despite overall inventory in MMR seeing a 13% yearly increase at Q1 2023-end, homes priced >INR 2.5 Cr saw their inventory shrink from approx. 20,480 units in Q1 2022 to...
4 National Highway projects at Sonepat, Karnal and Ambala in Haryana worth Rs 3,835 crore
The construction of 11 flyovers on 8-lane National Highway 44 from Delhi to Panipat in Sonepat at a cost of Rs 890 crore with a total length of 24 km...
Rs. 2000 Note Withdrawal – Not a Housing Deal-breaker
Akash Pharande, Managing Director - Pharande Spaces The Reserve Bank of India's decision to withdraw Rs 2,000 currency notes from circulation has raised questions about its potential impact on the...
Amid 7% Increase of Avg. Home Sizes in 5 Years, New Flats in MMR Shrunk 20%
Avg. flat sizes in top 7 cities increased from approx. 1,150 sq. ft. in 2018 to approx. 1,225 sq. ft. in Q1 2023 MMR only city where avg. flat...
Repo Rate Steady – Home Loan Interest Rates Still in Single Digits
Anuj Puri, Chairman – ANAROCK Group As was anticipated, the RBI has decided to keep the repo rates unchanged at 6.5%. This gives some respite to prospective homebuyers looking...
The Age-defying Investment Power of Ownership Homes
- by Akash Pharande, managing Director - Pharande Spaces Property prices increase even though buildings age. How come? In the case of most other manufactured products other than gold ornaments,...
Hyderabad Beats Bengaluru with Highest New Office Supply in FY23
Approx 14.94 Mn sq. ft. new office space was infused in Hyderabad in FY23 accounting for 31% total share among top 7 cities while Bengaluru saw new completion of 12.66...