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RERA, Real Estate after RERA, Success of RERA, Failures of RERA, RERA Registered Properties

RERA sees 40% rise in project registrations in a year

After nearly two-and-half years since RERA deployment across the country, the Centre’s aim to enforce it in each state to regulate the Indian real estate sector has picked up momentum. There has been a 40% growth in project registrations under RERA in a year across the country – from around 32,306 projects in end of September 2018 to nearly 45,307 projects as on 5th October 2019.

Repo Rate, Real Estate & Repo Rate, Repo Rate & EMI, Repo Rate & Home Loan, Real Estate Policies, Anuj Puri, ANAROCK Property Consultants

Repo Rate cut of 25 bps a notional nudge

In the April-June 2019 quarter, India’s GDP grew only by 5% – the slowest pace in over six years. Consumers are spending less on everything from FMCG to automobiles – and, of course, real estate. Naturally, the sector eyes RBI’s monetary policy for cuts in the key lending rates to support the various measures taken by the government to boost consumption sentiment.

Private Equity Deals, PE Deals in Indian Retail, ANAROCK Report on PE Deals, Shobhit Agarwal

USD 970 million PE inflows in retail hit 5-year high in 2019

Apart from the top cities, Tier 2 & 3 cities are also on the radar of many PE funds which see these cities actively driving retail going forward. At least 36% (nearly USD 1 bn) retail-focused funds went to cities like Ahmedabad, Amritsar, Bhubaneshwar, Chandigarh, Nagpur and Mohali. In 2019, ANAROCK Capital was instrumental in Virtuous Retail South Asia (a JV between Singapore’s PE firm Xander Group and Dutch institutional investor APG) concluding a USD 100 mn deal with TRIL for two retail malls – one each in Nagpur and Amritsar.

Newsroom, Diary ofd a Real Estate Journalist, Ravi Sinha, Real Estate Positive News, Real Estate Negative News, Property News Positive, Negative Property News

Certified guarantee of positive coverage is not journalism

I have taken up the challenging practice of evaluating the performance of the real estate companies through rating the respective brands. I often hear two very different voices about my professional existence within the sector. A group of developers, though minority community, not only take the learnings out of the rating & ranking but also endorse that the sector needs someone like me for the larger interests of the business.

Maxima by Oberoi Realty, Property at JVLR, Andheri East Property, Mumbai Real Estate, New Launches at Andheri East, Andheri East Property

Oberoi Realty launches Maxima

Maxima is a boutique development consisting of a single tower up to 36 storeys. The project is RERA registered and the construction is going on in full swing. Maxima is strategically located at JVLR, Andheri East and offers excellent connectivity to prominent business districts across western & eastern suburbs, airports, the upcoming metro line and social infrastructure around.