Coworking Share in Office Real Estate at 27% in Q1 2023, Up From 14% in Q1 2019
Of over 8.2 Mn sq. ft. net office space in Q1 2023 across the top 7 cities, coworking comprised approx. 2.18 Mn sq. ft.; in pre-Covid Q1 2019, approx....
Bengaluru’s Key Areas See Housing Rents Grow Over 20% Y-o-Y in Q1 2023, Beat Other Cities
Thanisandra Main Rd & Marathahalli-ORR in Bengaluru record highest residential rental growth of 24% each on yearly basis in Q1 2023 (for a standard 2BHK home of 1,000 sq. ft....
45% Property Seekers in NCR and 32% in MMR Prefer to Buy 3BHKs – CII-ANAROCK Report
Millennials continue to drive housing demand; in the report's survey segment, 52% participating property investors were millennials End-user - investor ratio at 71:29; of all surveyed end-users, over 77%...
Q1 2023-end Housing Inventory Down to 20 Months from 42 Months in 2018
The lowest inventory overhang in last five years; in Q4 2020, it was the highest at 55 months across the top 7 cities In Delhi-NCR, inventory dropped the most in...
Bhumi Pooja of PDA approved plots in “Navyug Smart Mini City”
● 12.5 Acre Integrated Housing society is RERA registered and approved by Prayagraj Development Authority ● Apartments and Plots have been launched. ● 1/2/3 BHK apartments and 125 plots are...
Housing Sales Breach 1 Lakh Mark in Q1 2023 Amid High-end Homes Demand Boost
Of total 1.14 lakh units sold across top 7 cities in Q1 2023, approx. 24% were in the high-ticket segment priced >INR 1.5 CrQuarterly sales numbers at all-time high; annually,...
India’s Affordable Housing Story – No Happy End in Sight?
- by Akash Pharande, managing Director - Pharande Spaces Affordable housing is about providing decent homes at low prices that are within reach of lower- and lower-middle-income buyers. There are...
LML Homes Acquires 5-acre Land Parcel in Chennai for INR 60 Cr
LML Homes, a residential apartments developer has acquired a 5-acre land parcel in Kattupakkam, Chennai - close to the proposed Kattupakkam Metro Rail Station. The value of the purchase transaction is INR 60...
Luxury Home Sales boost revenue collections in Mumbai in Feb. – Up 79% in a Year
Total revenue collected through stamp duty and registration fees in Mumbai in Feb. 2023 is over INR 1,102 Cr while back in February 2022 it was approx. INR 615 CrIn...
Inflation and Housing Prices – Your Time Starts Now
– by Akash Pharande, Managing Director – Pharande Spaces In a recent report on housing prices in the country’s top cities, real estate consultants PropTiger.com found that average residential real...