By Abhay Shah According to a statement from the Anarock consultancy, the National Capital Region (NCR) suffered a 22% fall in housing sales quarterly. According to the report, annually sales decreased by 13% and by almost 22% on a quarterly basis with sales of almost 9,830 units in the third quarter of 2019. Out of […]
NCR housing sales declined by 22% – Anarock Consultancy Report.more
By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Real estate is a dynamic industry where things can change from year to year and even from quarter to quarter. The Indian real estate market has certainly been in flux after the recent policy upheavals. As such, investment decisions must necessarily move with the times. Here […]
Top Property Investment Hotspots 2018 – West and North Indiamore
By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Residential Real Estate The Millennium City of Gurugram has a very prominent place on India’s residential real estate map and is considered a bellwether of the state of the market for NCR. If we study what happened in the city’s housing market in the first quarter of 2018 against […]
Gurugram Real Estate – Q1 2018 vs Q1 2017more
By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges […]
Haryana housing societies have to charge Rs 10,000 as transfer feemore
By Realty Quarter Bureau FDI-funded realty firm Brahma group is entering commercial real estate space and will invest Rs 1,700 crore to develop an office-cum-retail project at Gurugram. New York-based Brahma group is an asset management company focusing on the Indian real estate sector. The company is developing over 200 acre township project at Panchkula in partnership with real […]
New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercialsmore
By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this […]
Knight Frank Reports increase in Co-working spaces in next 3 yearsmore
By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers […]
Indian Malls – Change is the Only Constantmore
By Prashant Thakur, Head – Research, ANAROCK Property Consultants Project delays are one of the most alarming issues historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated funds to other projects and tepid sales are some of the predominant […]
Realty 2018 – Can NCR Deliver on its Promises?more
By Anuj Puri, Chairman – ANAROCK Property Consultants The housing ministry’s decision to tweak the eligibility criteria for MIG-I and MIG-II home buyers for houses eligible for interest benefit under PMAY is a phenomenal move to boost sales of large-sized apartments. As per the revised norms, MIG-I category home buyers with household income between ₹ […]
Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Citiesmore
By Realty Quarter Bureau Hardeep Singh Puri, Union Minister of State (Independent Charges) in the Ministry of Housing and Urban Affairs yesterday said that government has set up an “Advisory Committee” in western, eastern and southern region to solve existing problems of real estate. The minister was speaking at Global Investment Summit 2018 in Gurugram. The committees […]
Government sets up special “advisory committee” to solve problems in real estatemore