Affordable and mid-segment housing continued to drive homebuyer demand in 2020, but luxury sales also saw some momentum in NCR despite the pandemic.
About 57% respondents now favour property over fixed deposits, the stock market, and gold. 59% property-favouring respondents were convinced after the pandemic unfolded, after riding the fence of uncertainty before COVID-19.
Union Budget 2021-22 was broad-based with special emphasis on building robust healthcare infrastructure, physical infrastructure and affordable housing. It will result in job creation in the informal sector, which was severely impacted by the pandemic
Union Budget 2021-22 presents several opportunities to give the sector a shot in the arm. Given that real estate contributes more than 8% of the Indian economy, it has justifiable expectations.
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
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%.