Browsing: Research

Reports Hotel Demand in India, Hotel Supply in India, Hotel ROI, Hotel Business Model, Hospitality Sector in India, Best Hotels of India
Industry performs but concerns over occupancy remain

Decline in occupancies was more visible in key cities including Goa, Pune and Ahmedabad, according to the Hotel Momentum India (HMI) – H1 2019, the half-yearly hospitality monitor (for January to June 2019 period), released today by JLL Hotels and Hospitality Group.

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Reports Mumbai Malls, Mumbai Retail Spaces, MMR Retail Supply, Mumbai Retail Supply, Mall Supply in Mumbai
MMR to see nearly 13.6 mn sq. ft. of new mall space by 2022

MMR has been one of the major retail hubs in the country with most brands, big and small, eyeing to capture a piece of this vital market. The unrelenting demand for more retail space in the financial capital has prompted mall developers to boost their development pipeline. As per ANAROCK data, nearly 13.6 mn sq. ft. of new mall space is likely to come up in the entire MMR by 2022.

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Reports Housing Supply in India, Housing Demand in India, Demand & Supply Mismatch in India, Housing Absorption in Top Cities, Housing Crisis in Top Cities
Housing absorption declines 13% in Q2 2019, new launches down 2%: ANAROCK

As anticipated, residential real estate activity remained largely tepid during the second quarter of 2019 in the backdrop of the general elections during the period but the recent Union Budget sops for the affordable sector may give the much-needed push to the segment henceforth. ANAROCK research indicates that housing sales in Q2 2019 fell by 13% q-o-q and stood at 68,600 units across the top 7 cities.

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Reports Housing Delayed, Delayed Housing in India, Project Delays in Housing Market, Stalled Housing Projects, Stuck Housing Projects, Unviable Housing Projects, Due Diligence of Home Buyers
1.74 lakh homes in 220 projects completely stalled in Top 7 cities

ANAROCK research reveals that as many as 220 projects equalling 1.74 lakh homes are completely stalled in the top 7 cities alone. Launched either in 2013 or before, these projects have absolutely no construction activity going on. The overall value of all stalled units is estimated to be more than INR 1,774 billion. Most of these projects have been grounded due to either liquidity issues or litigations.

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Reports PMAY Housing Benefits, Affordable Housing in India, Housing Supply in India, Housing Supply in Top 7 Cities
Only 29% of H1 2019 housing supply qualifies for govt sops in top 7 Cities – ANAROCK

Only a paltry number of developers have built housing that meets the Government’s criteria for incentivized affordable housing in 2019. ANAROCK data reveals that of the total housing supply of 1,39,490 units in the top 7 cities H1 2019, merely 39,840 units meet these criteria. The Government’s recent Budget ‘bonanza’ of an additional INR 1.5 lakh tax deduction on interest repayment of home loans availed till March 2020 will benefit very few people in urban India.

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Reports Unsold Housing Inventory, Demand Supply in Real Estate, Luxury Housing Stock, Affordable Housing Stock, Mid Segment Housing Stock, Housing Delays in India, New Property Launches
Unsold luxury housing stock declines 12% in 1 year

The slowdown in Indian residential real estate over the last few years caused most high net-worth individuals (HNIs) to shun luxury housing and look at other investments within or outside real estate. However, ANAROCK’s latest study indicates that HNIs are now using the tail end of the slowdown in India’s luxury residential market to their advantage.

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