Indian Hotel Industry’s RevPAR to see 9.5% Growth in 2019 – HVS ANAROCK Report

Approx. 8,574 keys to hit the market in 2019; nearly 19% increase over the last 2 years
Revenue per available room (RevPAR) sees 17% growth between 2016 and 2018
Average daily rates saw a 6.25% rise in 2018, faster than 4.5% long-term inflation rate
Goa saw the largest signing of keys in 2018 at nearly 2,209 keys, eclipsing Bengaluru by just 192 keys
Hotel transaction volume hit an all-time low in 2018 at INR 5,354 mn since 2007; 2019 likely to witness the sale of high-value hotel assets valued USD 800 mn across key markets

Mumbai, 10 April 2019: With demand finally outpacing supply, the Indian hospitality industry is on an upswing. The ‘India Hospitality Industry Review 2018’ report by HVS ANAROCK predicts RevPAR to grow by 9.5% in 2019.

Interestingly, Q1 2019 itself saw unexpected growth in the India hotel industry. The successful transaction of the Leela Hotels & Keys portfolio in Q1 2019 set a healthy tone for the start to the year, and trends indicating that 2019 could see transaction volumes reach around USD 800 mn.

by Anuj Puri

New supply across top 7 cities up by 27% q-o-q – from 55,600 units in Q4 2018 to 70,490 units this quarter; defies conventional election period trends
Pune and MMR see max. quarterly rise in both housing sales and new supply; absorption in Pune rose by 24%, in MMR by 19%
Bengaluru frontrunner in shedding unsold stock; sees 9% decline in Q1 2019 over previous quarter & a 27% yearly fall
New affordable housing supply sees over 47% q-o-q jump – from 20,800 units in Q4 2018 to 30,750 units this quarter
Annual housing sales rise 58%, new launches up by 91% across the top 7 cities

Defying previous election year trends when sales and new launches remained muted during this period, Q1 2019 saw both housing sales and new supply rise due to multiple Government sops in the first three months of 2019.

ANAROCK Property Consultants’ data shows that housing sales rose by 12% and new residential supply by 27% q-o-q due to sops in the interim budget, GST rate cuts and lowering of home loan rates post RBI’s recent repo rate cut.

by Anuj Puri

NCR and MMR account for 55% share of total 6 lakh affordable units launched across the top 7 cities; NCR saw maximum supply
Of the total 3.98 lakh units sold in sub INR 40 lakh category, NCR & MMR hold 57% share
Pune comes next with 1.13 lakh units launched and approx. 75K units sold in the affordable segment
Bengaluru, Chennai & Hyderabad saw the least activity in the affordable segment

Mumbai, 15 March 2019: It is the biggest shift that the Indian real estate market has seen so far. The previously ‘unaffordable’ real estate markets of NCR and MMR have led the thrust of affordable housing – in both new supply and housing sales – over the last five years.

ANAROCK Property Consultants‘ latest report ‘Affordable Housing: The Blue-Eyed Boy of Indian Real Estate‘ confirms that these two regions contributed a whopping 55% share of the overall new budget housing supply between 2014 and 2018.

The report, which knowledge partners ANAROCK unveiled at the CII Real Estate Confluence 2019 in Mumbai today,

by Arun Chitnis

CII Real Estate Confluence 2019, Mumbai – Friday, 15 March

Maharashtra Real Estate: Ahead of the Curve – Refine. Reboot. Re-emerge

Date & time: Friday, 15 March 2019, 1730 hrs

Venue: Ballroom, Hotel Taj Land’s End, Bandra, Mumbai

Inaugural Address – Gautam Chatterjee, Chairman – Maharashtra Real Estate Regulatory Authority (MahaRERA)
Theme Address – Anuj Puri, Chairman, CII Real Estate Confluence 2019 – Chairman, ANAROCK Property Consultants
Keynote Address – Abhishek Lodha, MD & CEO – Lodha Developers Ltd

ANAROCK Property Consultants are knowledge partners at the CII Real Estate Confluence 2019 to be held on Friday, 15 March in Mumbai.

This year’s conference theme ‘Maharashtra Real Estate: Ahead of the Curve – Refine. Reboot. Re-emerge’ is aptly chosen for the state which has been the forerunner in RERA adoption and implementation. ANAROCK, in partnership with CII, will also unveil its latest report ‘Affordable Housing: The Blue – Eyed Boy of Indian Real Estate’

by Arun Chitnis

To market properties across India to Kenya’s populous & thriving ‘44^th tribe’ targeting investments in their homeland

Nairobi, 10 March 2019: India’s leading real estate agency ANAROCK has partnered with Satguru Group for an event to promote investment into Indian real estate by Kenya-based NRIs. This feature-rich event will be held on Sunday, 10th February 2019 in Nairobi.

During the event captioned as ‘Karmbhoomi Se Janambhoomi’, ANAROCK and Satguru Group will showcase attending NRIs with some of the best investment opportunities in India real estate.

The spread of options will encompass all housing formats from apartments and villas to townhouses in both the affordable and premium segments.

Shajai Jacob, CEO – GCC, ANAROCK Property Consultants says, “While there is a constant discussion revolving around NRIs from the Gulf, US, UK and Europe, Kenya-based Indians do not seem to appear on anyone’s radar. This is surprising, given that Kenya-based Indians – though only about 1% of the country’s population, are actually heavily involved in Kenya’s economy. In fact, Indians in Kenya contribute substantially in most of the sectors driving Kenya’s economy and operate countless small and large business enterprises in all of Kenya’s major geographies.

by Anuj Puri

Anuj Puri, Chairman – ANAROCK Property Consultants

Nearly 60% of women home seekers prefer a property within the budget-range of INR 80 lakh; 52% will opt for ready-to-move-in homes
Women homebuyers benefit from lower stamp duty charges, low home loan interest rates, and tax deductions
Women must now mandatory be either co-owners or sole owners of affordable homes.

There’s a famous saying – the hand that rocks the cradle rules the world. This is so apt today, as women are excelling across sectors and increasingly making their mark in a male-dominated world.

The 21st-century millennial woman is progressive and increasingly financially independent. This had led to a distinct shift in her investment preferences – where gold and fixed deposits were the primary choices for Indian women, real estate now rides high in her investment portfolio.

In fact, in ANAROCK’s consumer sentiment survey, nearly 20% of participants were women. Among the many highlights of this survey – nearly 42% of women respondents preferred real estate as an investment asset class, followed by 30% for FDs and a mere 17% for gold.

by Arun Chitnis

PRESS RELEASE

ANAROCK Launches Dedicated Operations In Abu Dhabi

To expand next into Oman, Bahrain, Saudi Arabia and Kuwait

More than 50% of NRIs living and working in the UAE have interest in Indian realty; top investment cities are Bangalore, Mumbai, Delhi NCR, Hyderabad, Chennai & Kochi
In ANAROCK’s Consumer Sentiment Survey, NRIs from the GCC countries comprised maximum share with 36% (followed by 23% from Western Europe, 22% in Asia and 19% in North America)
NRI investors have a higher appetite for under-construction properties than resident Indians; higher focus on investment for ROI rather than on end-use

Abu Dhabi, 5 March 2019: Marking the next step on its international expansion agenda, ANAROCK Property Consultants has announced the launch of its dedicated office in Abu Dhabi, the high-profile capital of the United Arab Emirates (UAE).

ANAROCK Abu Dhabi is the Firm’s second operational base in the UAE after launching operations in Dubai in 2017.

“We are in aggressive expansion mode in this key market.

by Arun Chitnis

Infrastructure & real estate together contribute 29.5% to India’s GDP – higher than US (22.6%) and China (17.6%)
Budget allocations in infra see massive jump – from USD 791 bn in 2014-15 to USD 2,042 bn in 2019-20
Sector attracted massive FDI worth INR 207 bn in last 5 years backed by growing economy & strong fundamentals

New Delhi, 01 March 2019: In line with its aim to enter the USD 5 trillion club economy by 2025 – which is highly dependent on real estate and infrastructure – the Government has taken a multi-modal approach towards infrastructure development in the country over the last five years.

Besides boosting the overall economy, this ‘infrastructure first’ approach is also steering real estate growth across India, finds the report ‘Infrastructure and Real Estate – A Fulcrum for Change and Economic Growth‘ by ANAROCK Property Consultants and Association of Infrastructure Industry (India).

The report was released at the Infrastructure Summit 2019, organized by the Association of Infrastructure Industry (India) in Delhi today.

Anuj Puri –

by Arun Chitnis

PRESS RELEASE

ANAROCK Completes 300 Exclusive Project Mandates Worth INR 22,000 Cr

100 exclusively mandated projects worth INR 9000 Crore currently ongoing
Sale rate of 1000 units/month unprecedented in the current market
The firm relies heavily on technology as the key differentiator

Mumbai, 27^th February 2019: ANAROCK today announced the successful closure of 300 exclusive mandates to market residential projects across India and in the Gulf. The cumulative market value of the inventory sold to date exceeds INR 22,000 Cr.

Anuj Puri, Chairman – ANAROCK says, “ANAROCK has strategically partnered with over 150 top developers across 13 Indian cities and in the Gulf. The market value of the overall mandated inventory we have sold since our launch in 2017 exceeds INR 22,000 Cr across the 300 residential projects. Interestingly, 11,000 units of these, with a value of INR 10,000 Cr, were sold in the current financial year (FY18-19) itself. The combination of focused experienced brokerage and our bespoke technology has been a winning combination.”

by Arun Chitnis

Three-fold jump of mall supply this year – from 3.2 mn. sq. ft. in 2018 to nearly 10 mn. sq. ft. – following supply rollover from the previous year
Online players plan survival tactics post new E-commerce policy; eye brick-and-mortar spaces
E-commerce pegged to grow at 27% CAGR, offline retail at 16% between 2017 & 2021
Nearly US $1.42 bn FDI infused in Indian market between April 2000 to June 2018

Mumbai, 25 February 2019: Responding to burgeoning consumerism in India, mall developers are rapidly infusing new retail developments across the top 7 cities, with nearly 10 mn. sq. ft. new mall supply in 2019.

Factoring in the rollover of some supply from 2018, there will be a three-fold jump in 2019 against the preceding year.

These and other critical insights are outlined in the research report ‘Customer Experience (CX): The Epicentre of Retailing’ by ANAROCK Property Consultants, released at the Retail Leadership Summit (RLS) 2019 in Mumbai today.

Customer experience and built environment are completely metamorphosing the retail business in the country,

Indian Hotel Industry’s RevPAR to see 9.5% Growth in 2019 – HVS ANAROCK Report

Govt Sops Boost Housing Sales By 12% In Q1 2019 Over Q4 2018: ANAROCK

NCR and MMR Lead Affordable Housing in Last 5 Years – CII-ANAROCK Report

ANAROCK at CII Real Estate Confluence 2019, Mumbai – Friday, 15 March

ANAROCK Partners With Satguru Group For India Real Estate Investments By NRIs In Nairobi, Kenya

Millennial Women: Riding High On Home Ownership

ANAROCK Launches Dedicated Operations In Abu Dhabi

Multi-Modal Infrastructure Steers India’s Real Estate Growth: ANAROCK Report

ANAROCK Completes 300 Exclusive Project Mandates Worth INR 22,000 Cr

New Mall Supply To Touch 10 Mn. Sq. Ft. In Top 7 Indian Cities In 2019: ANAROCK Report