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Indian Hotel Industry – A Post-Pandemic Snapshot

Saying that Covid-19 has had an unprecedented impact on the hotels sector in India is putting it mildly. We anticipate the overall Indian hospitality sector (including organised, unorganised and semi-organised operators) to incur an estimated total revenue loss of approximately Rs 90,000 crore in 2020. By Mandeep Lamba The occupancy and average daily rate (ADR)

  • November 30, 2020
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Mall Supply in 2020: 5 Launched Across India So Far

Severely impacted by Covid-19, Indian cities in 2020 saw the addition of just five new malls spanning ~2.75 mn sft area. Among the cities that added the new mall supply are Gurugram, Delhi, Lucknow, and Bengaluru. The supply is far less than the previously predicted numbers. “Before the Covid-19-catalyzed lockdown in March, our research indicated

  • November 17, 2020
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India will Spend over Rs 37 Trillion a Year to Accommodate Population by 2030: Report

The country will spend $500 billion (Rs 37 trillion) a year by 2030 to accommodate its rapidly expanding population, according to the latest report by the international construction and consultancy firm Mace. The report, ‘A Blueprint for Modern Infrastructure Delivery’ states that since the global Covid-19 pandemic took hold at the start of 2020, infrastructure

  • November 4, 2020
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Housing Sales Set to rise 35% this Festive Season

Previous year trends suggest that housing sales across top cities in the festive quarter (Oct-Dec) mostly saw an uptick – anywhere between 5-10% – over the preceding quarter. This is largely because the festive season is considered most auspicious for property buying in India and developers also roll out various schemes and offers to fuel

  • October 15, 2020
  • 63
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Developers Explore Coworking Spaces in Residential Projects

Amidst several Covid-19-induced changes within the Indian real estate, many developers are now mulling the viability of incorporating coworking spaces in their residential projects to align with the new work-from-home (WFH) realities. There are at least two possibilities – retrofitting co-working spaces into existing clubhouses, and incorporating such a feature at the very design stage

  • October 6, 2020
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SaaS: Technology to Boost Real Estate

With Covid-19, real estate developers in India are suddenly faced with the need to rapidly adopt technology to get property sales going. Anarock research indicates that while homebuyer enquiries have increased by more than 50% post the nationwide lockdowns, a large part of these enquiries is generated online. By Sunil Mishra This is unlikely to

  • September 14, 2020
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Covid-19: A Kick-start to the Second Homes Market?

The Covid-19 pandemic may be giving a new lease of life to the previously lacklustre second homes market. Urgent travel to motorable holiday destinations brought on by prolonged travel abstinence and outright claustrophobia is only one aspect. ‘Revenge tourism’ has helped the hospitality sector in motorable holiday destinations around the large cities. By Santhosh Kumar

  • September 9, 2020
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Furniture, Home Furnishings will Witness a V-shaped Recovery in the Next 2-3 Quarters: Anarock Retail Report

Food and grocery, followed by apparel, Fast Moving Consumer Durable (FMCD) and electronics, furniture and home furnishings and Quick-service Restaurant (QSR) will see a V-shaped recovery within the next 2-3 quarters, reveals the latest report ‘Indian Retail – Certainty Despite Headwinds’ by Anarock & Retailers Association of India (RAI). Other segments like beauty, wellness and

  • September 4, 2020
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Anarock Retail, UAE’s Vindico Join Hands for Post Covid-19 Store Designs, Integrated Leasing, Tenant Coordination

Anarock Retail has forged a strategic partnership with international retail design and delivery specialist Vindico to offer comprehensive services to ensure the success of retail stores in the post-pandemic world. Innovations in construction and project delivery will play a major role in this highly disrupted industry. “The Anarock-Vindico partnership will deliver scientific, success-oriented design solutions

  • August 14, 2020
  • 67
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Self-storage – Collateral Beneficiary of the Covid-19 Era

Covid-19 has changed the course of the Indian real estate in many ways. While regular commercial real estate is under pressure, there are new opportunities for some emerging sectors in the country. In the post-pandemic world, the self-storage segment is a direct beneficiary of an otherwise disrupted real estate marketplace. By Pratyush Pandey What is,

  • July 31, 2020
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Covid-19 Response: Buy or Rent House?

At present, does it make more sense to buy or rent a home? Many Indians who migrate to the urban centres ask themselves this question at some point. There are arguments for and against the option, but the debate has attained newer heights in the post-Covid-19 landscape. By Santhosh Kumar Property supplements, real estate portals

  • July 23, 2020
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Mace, Anarock Sign MoU for Tech-driven Construction Solutions

Mace, the international consultancy and construction company, and Anarock Group, the country’s leading real estate services company have announced a collaboration to bring “unique” real estate services to immediately benefit the domestic market as they view the settling into the ‘new normal’ post-Covid-19 pandemic. The two companies have signed a Memorandum of Understanding to provide

  • July 16, 2020
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Affordable Rental Housing Dev for Urban Migrants is an Attempt to Bridge Shortfall of Dwelling Units in India: Anarock’s Anuj Puri

The Cabinet approval for the development of affordable rental housing complexes (ARHC) for urban migrants and poor is a “praiseworthy” move, which will significantly help fulfil the government’s ambitious ‘Housing for All by 2022’ initiative. Under this scheme, vacant government-funded housing in urban cities will be converted into ARHC via the PPP model and be

  • July 10, 2020
  • 65
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WFH will give Rise to Properties in Peripheries

The Covid-19 era presents a radically transformed real estate market, with preferences changing to accommodate new market realities. With Work-from-Home (WFH) a viable option even after the lockdown, many future homebuyers will shift to the peripheral areas for bigger homes and a better lifestyle – at more affordable prices, says Anuj Puri, Chairman – Anarock

  • June 11, 2020
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Reverse Migration Can Spur Housing Demand in tier-II and III cities after Covid-19

The domestic real estate is bracing itself for a very new post-Covid-19 world. One significant trend may be reverse migration spurring housing demand in tier-II and III cities, according to the latest report by real estate consultancy firm Anarock Property Consultants. According to Anarock’s report titled ‘India Real Estate: A Different World Post COVID-19‘, currently, the

  • May 26, 2020
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FM Throws Lifelines to Real Estate, NBFCs: Anarock’s Anuj Puri

In the first of the series of announcements by Finance Minister Nirmala Sitharaman to spur economic growth and build a ‘self-reliant’ India, the government has offered a “major” boost to the real estate sector, NBFCS/HFCs, and MSMEs, Anuj Puri, chairman, Anarock Property Consultants said. “Providing major relief to real estate developers, the government has extended

  • May 14, 2020
  • 66
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WFH is not a Catch-all Solution: Anarock’s Ashutosh Limaye

The commercial real estate has been a reliable mainstay of the domestic realty sector. It remained “vibrant” even when residential property was in the doldrums. Now, the coronavirus has thrown a serious spanner into the “works” of the lucrative real estate segment for at least next two quarters, says Ashutosh Limaye, director & head –

  • May 5, 2020
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This may be the Next Big Thing in Indian Real Estate: Anarock’s Santhosh Kumar Points out

Multi-level warehouses within city limits may well be Indian real estate’s next big thing in a market completely transformed by the coronavirus pandemic. The compulsions of faster E-commerce growth in a post-pandemic world can kick-start demand for tech-enabled multi-storey warehousing. Such solutions are already in place in the South Asian countries and regions such as

  • April 21, 2020
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