Press Release

ANAROCK Launches Report On Affordable Housing In NCR

  • Supply-absorption break-up of units priced < INR 20 lakh & between INR 20-40 lakh
  • Key hotspots, supply as per completion timelines

Delhi, 14 December 2017ANAROCK Property Consultants today released its definitive research report ‘NCR – An Affordable Housing Goldmine’ at the Delhi leg of Economic Times’ ACETECH – Asia’s leading trade fair for architecture, building materials, innovation and design.

The report pitches the phenomenal expansion and urbanization rate of India’s largest planned region against the real estate industry’s affordable housing response. Intensely data-driven, this study lays bare the opportunities, shortcomings and challenges that Delhi-NCR presents to the real estate sector.

Anuj Puri, Chairman – ANAROCK Property Consultants says, “Affordable housing has once again taken centre-stage in all real estate forum discussion, and deservedly has the undivided attention of all industry stakeholders including developers, investors, customers and the Government. As India’s largest urban agglomeration, Delhi-NCR is extremely important from every perspective –

Sukhdeep Aurora, Chief People Officer – ANAROCK Property Consultants

As an industry in the midst of major churn, Indian real estate is now headed towards yet another crossroad.

The previous crossroad – the industry shakeup initiated by the rollout of RERA – necessitated changes in business models and traditional cash flows of developers.

This one will demand newer skill sets and be all about setting tech-savvy, erudite, professional brokers head and shoulders above the kind that has dominated the industry so far.

In terms of career growth, the sky will be the limit for a new breed of brokers who have taken a conscious call to evolve; to up-skill or perish will be two choices left to those who have not.

Technology continues to disrupt a sector that is already en route to achieving unprecedented transparency levels on the back of the latest policy changes, and the Indian real estate sector is also gaining greater global exposure.

More than ever before, foreign investors are focusing on the country’s housing industry, along with NRIs who have been exposed to international standards of doing business.

Prashant Thakur, Head – Research, Anarock Property Consultants

When a location in Mumbai holds the three aces of accessibility, affordability and appreciation potential and completes its hand with good social infrastructure and workplace hub integration, it can justifiably lay claim the coveted property investment hotspot tag. Kanjurmarg can – and does…

Mumbai, the financial capital of India, is legendary for its massive employment opportunities, and as a result, the city’s population has been on a constant rise. Previously, the island city was the dominant hub of commercial and residential developments.

However, over the last few decades, rising property prices and saturation of the island city has pushed real estate developments towards the suburbs and further along the peripheral areas. The biggest advantage for the suburbs to evolve as key real estate destinations is excellent connectivity through the suburban railway network.

The Saga of Mumbai’s Suburbs

Real estate activity in the western suburbs has increased substantially in the recent decades due to the establishment of commercial office complexes in the Andheri-Goregaon-Malad belt. Enhanced connectivity via the Western Express highway helped in the region’s development as a key office market of the city.

PRESS RELEASE

ANAROCK Property Consultants Acquires LJ Hooker’s Indian Operations – Redwoods

Strategic acquisition to boost ANAROCK’s capability in integrated real estate solutions, dedicated design center in Bangalore

Bangalore, August 30, 2017 – Consistent with its focus on becoming India’s leading residential real estate solutions company, ANAROCK Property Consultants Pvt. Ltd. has announced the acquisition of Redwoods, the Indian arm of LJ Hooker, based out of Bangalore. The acquisition was closed today, with ANAROCK absorbing all Redwoods employees.

Anuj Puri, Chairman – ANAROCK Property Consultants says, “The acquisition of LJ Hooker’s Redwoods is in line to our overall business strategy and will help us augment our operations across key southern markets. It will give us unparalleled competitive advantage in offering customized real estate solutions. With its strong presence and unique multi-pronged approach, ANAROCK is decoding unmatched value for both B2B and B2C clients.”