Anarock Property

Real estate market has witnessed at least 28 land deals, including outright purchases and joint ventures, so far this year comprising over 1,200 acres, according to property consultant Anarock. The consultant noted that the appetite for land acquisition continues unabated for developers and other entities in the post-COVID world. Anarock highlighted that developers are eyeing prime land at key locations across India for future developments across real estate asset classes. "In comparison to H1 2021, the number of deals has doubled from 14 deals in H1 2021 to 28 deals between January 2022 till date," Anarock Chairman Anuj Puri said. As expected, he said residential development remains the prime focus, given the robust housing demand despite a hike in interest rate and property prices. Since the beginning of this year, Anarock said that various entities sealed at least 28 separate land deals cumulatively accounting for over 1,237 acres across the country. Of the total transacted l

Mumbai Metropolitan Region or MMR accounted for 33 per cent of the total sales, followed by NCR with a 16 per cent share, Anarock said

The seven cities tracked by Anarock are Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

Top listed players eyeing higher market share

A latest report, prepared jointly by property consultant Anarock and CII, shows how radically the pandemic has altered buying preference

The pandemic hasn't disrupted Shobhit Agarwal's ambition, and his search for the next big deal

Seventy-two per cent of the homes to be delivered by year-end have already been sold

The latest survey by property consultant Anarock and Confederation of Indian Industries shows people are now more willing to own a home than pre-Covid days

Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing

The year 2017 saw the maximum decline. Apartment size fell from an average of 1,440 sq. ft in 2016 to 1,260 sq. ft in 2017

"A fairly sudden change in consumer preferences against the backdrop of Covid-19 exigencies in 2020 first halted, then reversed the 'honey, I shrunk the flat' effect," the report said

ApnaComplex platform is being used by over 22,000 apartment societies in over 80 cities across India

Muted near term cash flows, increase in debt and valuations to cap upside

Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market

Gurugram saw 79 per cent fall to 361 units for the period under review as compared to 1,707 units in same period last year

The Indian property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 350,000 in the world's second most populous country

From Zoom calls to virtual experience centres, they are trying out everything possible to generate sales at a time when bookings have dried up.

Anarock declines to comment on letter by real estate developers alleging inaccurate data on unsold inventory in the city.

India's hotel industry may lose Rs 90,000 crore this calendar year, owing to the nationwide lockdown imposed to curb the spread of Covid-19 according to a recent report by HVS and Anarock

Since March 25, realty advisory and brokerage the Anarock Group signed agreements for over Rs 250 crore of real estate of which just a little over 12% accounted for commercial property