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
Nearly 45% of women home seekers will sell the property after appropriate appreciation while 32% will prefer to earn a steady rental
Most of Prestige's projects in Bengaluru launched in the last three years were located along the upcoming metro lines. These include: Prestige Falcon City, Prestige Park Square and Prestige Elysian.