Bengaluru, June 30, 2023 – India’s residential real estate market across the top eight cities experienced a mild cooldown in the April-June quarter, with home prices dipping by 1% and sales volumes remaining largely stagnant, according to the latest Housing Price-Tracker Report from CREDAI-Colliers-Liases Foras. Key Market Indicators Unsold inventory edged up marginally by 1% […]
Bengaluru’s rental market saw the sharpest spikes in the year leading up to April 2023, outpacing other major Indian cities amid post-pandemic demand surges. Reports from NoBroker and Anarock highlight hikes exceeding 30% in key areas like Whitefield and Sarjapur Road. This article recaps the trends as observed then, with visuals for clarity. Bengaluru Leads […]
Bengaluru emerged as the clear frontrunner of India’s housing boom in Q1 2023, leading sales volumes among the top seven cities as the residential market hit a 15‑year high in quarterly performance. Robust end‑user demand, resilient IT-led employment and improving affordability helped the city consolidate its position as the country’s most stable and absorption‑driven housing […]
Panchshil Realty, a leading real estate developer in Pune, launched a three-pronged CSR initiative through its Panchshil Foundation in April 2020 to address the severe impacts of the COVID-19 lockdown on daily wage earners and frontline workers. This effort focused on immediate food relief, community education, and medical protection amid widespread economic halt. Food Hamper […]
Blackstone and Salarpuria Sattva completed the acquisition of Coffee Day Enterprises’ Global Village Tech Park in Bengaluru for ₹2,500 crore in March 2020, marking a pivotal deal amid the company’s financial distress. Deal Background Coffee Day Enterprises, reeling from founder V.G. Siddhartha’s suicide in July 2019 and mounting debts, approved the sale of the 90-acre […]
Demand for office space in Special Economic Zones (SEZs) stayed surprisingly resilient in early 2020, with several large occupiers rushing to close leases despite the March 31 sunset date for key income‑tax benefits. Far from stalling, SEZ transactions were driven by consolidation, long‑term cost savings and occupiers’ confidence in India’s technology and services export story. […]
Home First Finance Company, a key player in affordable housing finance, secured SEBI approval in early March 2020 to launch a ₹1,500 crore IPO amid a challenging market backdrop. This milestone came shortly after filing its Draft Red Herring Prospectus (DRHP) in November 2019. Event Timeline The approval was announced on March 3, 2020, following […]
Coliving, coworking and student housing emerged as “sunshine” real estate asset classes in early 2020, delivering rental yields of about 7–11 percent versus the 3 percent national average from traditional residential formats. A CII–ANAROCK report titled Emerging Asset Classes: The Future Looks Promising highlighted how these models were reshaping India’s rental market and attracting both […]
ANAROCK Group expanded into office real estate with the launch of ANAROCK Commercial, targeting the massive INR 63,000 crore strata sale market for under-construction Grade A office spaces across India’s top seven cities. This vertical focuses exclusively on selling office assets to corporates, high-net-worth individuals (HNIs), and end-users, building on ANAROCK’s success in residential sales […]