ANAROCK Acquires Society and Apartment Management Technology Platform ApnaComplex
The ANAROCK Group today announced its 100% acquisition of digitally-driven society and apartment management PropTech platform ApnaComplex.
The government’s SWAMIH Fund has already sanctioned INR 12,079 Cr for over 81,000 units across 123 projects in the country
As on 2019-end, 1,322 projects comprising ~5.76 lakh units (launched in 2013 or before) were stuck in various stages of (non) completion in top 7 cities; by 2020-end, this reduced to 1,132 projects comprising ~5.02 lakh units
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The housing industry needs focused measures to further bolster demand in 2021. This year, the demands go beyond the usual suspects of single-window clearance and industry status.
ANAROCK Property Consultants' Land Services division today announced the successful closure of a joint development deal for 72 acres in Kolkata's Rajarhat, between Satyaa Homes and Ambuja Neotia Group
ANAROCK’s year-end data indicates that the top 7 cities saw total home sales of over 1.38 lakh units in 2020 against approx. 2.61 lakh units in 2019 – a decline of 47%.
Presently, data indicates that 14 new malls spread over 5.9 mn sq. ft. area will get operational by 2021-end across Indian cities, and fit-outs are underway in at least 10 of them.
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On an average, 1/3rd of the overall project cost a real estate developer incurs in Mumbai goes towards various premiums. In one notable case, for a plot of land valued at INR 5 crore in Bandra, the developer had to pay premiums to the tune of approx. INR 6 crore to the BMC.
ANAROCK has announced the successful culmination of a major land deal in Whitefield - Bengaluru's most prominent IT/ITeS hub. ANAROCK represented both the buyers (Godrej Properties) and the sellers in this outright land acquisition of 18 acres of prime land
As per ANAROCK data, out of the total new housing supply in year 2015 (approx. 3.90 lakh units), branded players’ share accounted for 41% while the remaining 59% of housing supply was by non-branded players.