MMR tops list – ANAROCK sold 573 units in September & October 2020 against 265 units last year (approx. 116% yearly rise), followed by NCR with 333 units sold in these two months against 260 units last year
In Bengaluru, Firm sold 257 units in this period (76% y-o-y jump); 223 units sold in Chennai – a nearly five-fold yearly jump in Sept.-Oct. months this year
NRIs capitalize on prevailing low prices in Dubai – ANAROCK sold 17 units in these two months against 3 units in this period last year
Mumbai, 1 December 2020: Despite unusual pressures on the housing market, residential real estate is on a high this festive season. ANAROCK Property Consultants sold 1,805 homes across top 9 Indian cities (NCR, MMR, Chennai,
High-intensity focus on making India a global manufacturing hub has caused warehousing clusters to expand rapidly beyond the top cities and into tier 2 and 3 cities, reveals a joint report by US-based Binswanger Commercial Real Estate Services and ANAROCK Group
The ANAROCK Group has appointed retail real estate veteran Pankaj Renjhen as COO & Joint Managing Director - ANAROCK Retail. With immediate effect, Renjhen shares the responsibility of overseeing the Firm’s Indian retail operations with Anuj Kejriwal, MD & CEO - ANAROCK Retail
US-based Binswanger Commercial Real Estate Services and ANAROCK Group have partnered to offer boutique advisory, brokerage and transaction services on industrial real estate opportunities between India, USA and other global markets.
Mall developers and retailers will benefit from cutting-edge architecture and store design that specifically address the new compulsions and realities of a post-COVID-19 retail market
This collaboration will bring about a quantum change in how Indian real estate is designed, constructed and operated, particularly during and post COVID-19 when technology will become instrumental
ANAROCK Commercial Launched to Tap INR 63,000 Cr Office Strata Sale Market
To focus on sales of office assets to corporates, HNI investors & end-users
~ INR 2.5 Lakh Cr worth of Grade A office space under construction in top 7 cities to be completed over the next 4 years; 25% (worth INR 63,000 Cr) up for strata sale
ANAROCK Commercial already secures mandate marketing of 3 mn sq. ft. of office space in NCR & MMR; to capture 10% market share in 1st year of its operations
Mumbai, 28 January 2020: Close on the success of its residential services vertical, ANAROCK Group today announced its expansion into office real estate.
ANAROCK Commercial will focus exclusively on strata sale office assets. Industry veteran Bappaditya Basu has been appointed as Chief Business Officer – ANAROCK Commercial.
Anuj Puri, Chairman – ANAROCK Group says, “ANAROCK Commercial was a part of our expansion plan, and its launch is a natural next step after our resounding success in the residential sales market,
Attractive Prices Lure 61% Hyderabad Homebuyers, 50% in NCR Respond to RERA Implementation – ANAROCK
Current avg. property prices in Hyderabad hover around INR 4,170 per sq. ft. – the lowest among all top 7 cities
In the last 5 yrs. the city’s average prices have risen by 15% – 3rd only to Pune & Bangalore that saw 25% and 16% appreciation respectively
Hyderabad micro markets with max. absorption in last one year was Pocharam, Bachupally, & Kondapur
50% of buyers in NCR bought property due to effective RERA implementation while 58% of buyers in Kolkata were driven by lower home loan rates
E-commerce biggies may be toning down their offers, but discounts and freebies are still alive and kicking in real estate – and developers are going all out to lure buyers with attractive deals and discounts. Is it working?
As per the recent ANAROCK Consumer Sentiment Survey, as many as 50% buyers across the country bought homes due to attractive prices.
18% Homebuyers Prefer New Launch Homes Against Previous 5%: ANAROCK Consumer Sentiment Survey
RERA implementation & lower GST revive consumer faith in new launches; 36% of buyers still prefer ready-to-move-in units
Lower prices influenced >50% homebuyers to purchase homes in 2018; nearly 52% would buy again with the same developer
End-user-driven Bangalore saw 44% of respondents buy homes for investment
70% of prospective buyers prefer properties under INR 80 lakh
Tier 2 & 3 cities new investment hotspots; Bangalore favourite investment destination for NRIs
Mumbai, 24 April 2019: While ready-to-move-in homes remained the preferred choice for several homebuyers, new launches (which drew the least consumer interest in the previous survey) saw a decent revival according to ANAROCK’s Consumer Sentiment Survey H1 2019.
Over 18% of respondents now prefer new launch properties as against mere 5% in the previous survey.
Interestingly, 44% NRIs would now consider new launch properties over under-construction (to be completed in 1 year) or ready-to-move-in homes (obviously a welcome development for developers facing funding issues due to previously negligible advance sales).
Anuj Puri, Chairman – ANAROCK Group says, “ANAROCK Commercial was a part of our expansion plan, and its launch is a natural next step after our resounding success in the residential sales market,