Bulk hiring activity by major IT/ITeS companies to fulfil surging work orders during the pandemic presents a potentially more upbeat picture for office leasing in 2022 and beyond. These firms have a healthy pipeline for the current year, as well
Author: Arun Chitnis
In a major trend reversal over the last eight years, the once-most active housing sales markets of Delhi-NCR have dropped sharply in their sales share. The western markets of MMR and Pune are now driving the most housing sales among the top 7 cities, ANAROCK data reveals.
While the stock market prices are at their peak, property prices have bottomed out and various offers and discounts result in further reductions in acquisition costs. Affordability of homes in top cities is also at its best – estimated to be 27% in FY21 as against 53% in FY12
2020 kick-started a trend reversal wherein larger homes - spacious enough to accommodate home offices and online study spaces for children - began to be in higher demand
Women’s preference for real estate has risen post-COVID-19 – from 57% votes in the pre-COVID survey to 62% in the current edition. Of 3,900 survey participants, 36% were women and of these, at least 70% consider the current time as ideal for buying a home
2014 to 2020, rental prices in the top luxury markets saw consistent y-o-y growth – averaging between 3-6% annually. Capital appreciation in this period either remained range-bound or varied each year
NRIs are looking to make the most of the prevailing market conditions in India, including discounts, offers and lowest-best home loan rates.
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.
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.
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