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 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

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,

by Arun Chitnis

PRESS RELEASE

Mayank Saksena Quits JLL, Joins ANAROCK As MD – Land & Head Of South India

Will leverage immense land demand, address South India’s pent-up housing inventory

Bangalore, 1 August 2018: India’s leading real estate services provider ANAROCK Property Consultants have announced that industry veteran Mayank Saksena has joined the Firm as Managing Director – Land & Head – South India Residential Services.

Prior to this appointment, Mayank Saksena was Managing Director of Land Services international property consultants JLL India, where he was also part of the India Leadership Council (ILC).

During his tenure of over a decade there, he closed several high-ticket land deals and acquisition mandates. These include some of the largest land transactions on record across large cities in the country.

In his career spanning over 16 years, he has crafted transactions and acquisitions on behalf of prominent real estate developers, corporates and Government agencies. He is an acknowledged expert on land-related transactions knowledge leader for Pan India real estate markets.

by Arun Chitnis

ANAROCK Launches ANAROCK Retail To Tap Into India’s $700 Bn. Retail Market

Partners with Faithlane PC to create India’s most focused retail advisory firm

Mumbai, 6 June 2018: India’s leading independent real estate services firm ANAROCK Property Consultants today announced the official launch of ANAROCK Retail, a new firm dedicated to tapping into India’s $700 bn. retail market via its expert retail consultancy services.

The new firm is the result of a partnership between ANAROCK and Faithlane Property Consultants, headed by retail realty veteran Anuj Kejriwal who joins as CEO & MD – ANAROCK Retail.

ANAROCK’s entry into the retail real estate domain was really only a matter of time,” says Anuj Puri, Chairman – ANAROCK Property Consultants. Mr Puri is himself an acknowledged retail real estate expert who, in addition to his previous role as Chairman of a leading IPC in India, was also Chairman of its Global Retail Leasing Board.

“We have a deep market reach in this domain,

by Anuj Puri

Press Release

ANAROCK Launches Strategic Channel Partner Business Vertical

Bappaditya Basu appointed as Head – CP Business; new vertical to boost sales reach by 40%

Mumbai, April 2, 2018: India’s leading real estate services firm ANAROCK Property Consultants today announced the appointment of real estate industry veteran Bappaditya Basu as Head of its Channel Partner business.

As the first of its kind in the industry, the Firm’s Channel Partner vertical will focus on forging strategic international and domestic alliances within the residential consultancy space to create India’s largest real estate services network.

Bappaditya Basu, who was formerly National Director of Retail Services at international property consultancy JLL India, has over 15 years of hands-on experience in the real estate business and has operated across India, Sri Lanka and several South Asian countries.

He will be based out of ANAROCK’s Mumbai office and lead a team of seasoned operatives who are highly trained and experienced in channel partner management.

“This is an important appointment, given ANAROCK’s unique business services model and our rapid growth plans,”

by Anuj Puri

PRESS RELEASE

Chennai Saw Highest Housing Sales Dip In 2017, Bengaluru Lowest – ANAROCK Report

Unsold inventory decreased by 10% from 8.04 lakh units in Q4 2016 to 7.27 lakh units by Q4 2017

Mumbai, 22 March 2018: Fewer launches, subdued sales and muted property prices defined 2017 for the Indian residential real estate sector, according to a detailed report by ANAROCK Property Consultants.

With an annual decline of almost 50% in new launches and 15% decline in sales across top 7 cities in India, the sector was effectively shattered in 2017.

“A spate of policy reforms and structural changes literally crippled the sector,” says Anuj Puri, Chairman – ANAROCK Property Consultants. “Simultaneously and consequentially, it transitioned rapidly into a transparent and buyer-friendly one. With only end-users left to drive the market and investors more or less evaporating completely, developers throttled back severely on new launches to allow the market more scope to absorb the already staggering unsold inventory.”

2017’s Depressed New Launch Readings

The top 7 cities recorded new unit launches of around 26 lakh in 2017 as opposed to 2.50 lakh in 2016.

by Anuj Puri

PRESS RELEASE

18% of MMR’s Housing Launches In 2017 Added In Thane – ANAROCK Report

53% of 70,000 units launched between 2012-2017 already absorbed

Mumbai, 8th February 2018: ANAROCK Property Consultants‘ latest research report ‘Thane – An Emerging Megapolis‘ highlights this city’s unstoppable rise to become one of the hottest real estate development and investment destinations in the Mumbai Metropolitan Region.

Launched at the MCHI CREDAI Thane Property Expo today, the data-driven report vouchsafes that Thane, driven by specific micro-markets, has not only shed its previous ‘industrial’ image but become a stand-alone real estate boom city.

“Thane’s emergence as a preferred destination for corporate office occupiers as well as homebuyers has been nothing short of spectacular, ” said Anuj Puri, Chairman – ANAROCK Property Consultants at the report’s unveiling. “Last year alone, the city contributed as much as 18% of the entire supply of housing project launches in MMR. Even more interestingly, of the 70,000 housing units that hit the Thane market in the last five years,

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

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

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

Mayank Saksena Quits JLL, Joins ANAROCK As MD – Land & Head Of South India

ANAROCK Launches ANAROCK Retail To Tap Into India’s $700 Bn Retail Market

ANAROCK Launches Strategic Channel Partner Business Vertical

Chennai Saw Highest Housing Sales Dip In 2017, Bengaluru Lowest – ANAROCK Report

18% of MMR’s Housing Launches In 2017 Added In Thane – ANAROCK Report