Anuj Puri The Union Budget focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class welfare and brings substantial relief for the middle class. It also aims to stimulate rural consumption – an essential step toward unlocking India’s economic potential. From a real estate perspective, the budget delivers both direct and indirect benefits, acting […]Read More
Anuj Puri Going by the sagging sales and supply of affordable housing in India over the past few years, it is easy to forget that this segment was once the housing industry’s veritable poster child. Nevertheless, not too long ago, Indian real estate developers took it very seriously, regularly engaging with their architects to design smaller […]Read More
Team L&M Despite the significant rise in housing prices across cities in 2024, homebuyers continue their quest for bigger living spaces. Latest ANAROCK data shows that average flat sizes in the top 7 cities rose by 8% annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back in […]Read More
Anuj Puri, Chairman As the Union Budget 2025-26 approaches, to be announced in February 2024, the real estate sector is pinning high hopes on the Modi 3.0 regime. Amid declining real estate activity in the second half of CY 2024, the sector anticipates government measures to revive overall consumption. While tax reliefs and other incentives […]Read More
Akash Pharande Young, dual-income nuclear families and single professionals just beginning their careers are the driving forces of urban India today. In 2022, nearly half of Indian households consisted of 1 to 4 members, marking a significant rise in nuclear families from just 37 per cent in 2008. By 2024, it is likely that this […]Read More
The Future of Indian Housing Akash Pharande India’s urban population explosion is causing its bigger cities to burst at its seams. Overcrowding, pollution, traffic congestion, and deteriorating infrastructure are the ‘new normal’ – a state of affairs that we have begun to accept as inevitable. According to the United Nations, about 40 per of the […]Read More
Team L&M Demand for affordable homes has nosedived since Covid-19, initially because this segment’s target clientele was financially impacted by the pandemic. However, the ANAROCK-FICCI Homebuyer Sentiment Survey – H1 2024 has identified other pain points. At least 53 per cent homebuyers are dissatisfied with the currently available options in this vital segment across cities. […]Read More
Team L&M After a two-year bull run, residential real estate activity across the top cities stabilised in Q3 2024 – typically a slow quarter due to the monsoon and perceived inauspiciousness. Latest ANAROCK data reveals that housing sales across the top seven cities declined by 11 per cent annually, clocking in at approx. 1,07,060 units […]Read More
Akash Pharande Before urbanisation took off earnestly in India, humans and nature coexisted admirably. Unfortunately, rampant real estate development has steadily reduced Indians’ access to nature. From the increasing demand for integrated townships with abundant greenery, we can see that urban dwellers today are looking to reconnect with nature. The Cost of Urbanisation Our cities’ […]Read More
Team L&M The buy vs. rent debate rages on as more and more Indians migrate to urban centres and evaluate their options. While there are sound arguments for and against both options, the question itself is also geography centric. ANAROCK Research data shows that rental values in key micro-markets of the top seven cities have […]Read More
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