ANAROCK's Launches Report on Affordable Housing in NCR
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ANAROCK's Launches Report on Affordable Housing in NCR
Delhi, India (NewsVoir) December 14, 2017 --
. Supply-absorption break-up of units priced < INR 20 lakh & between INR 20-40 lakh
. Key hotspots, supply as per completion timelines
ANAROCK Property Consultants today released its definitive research report 'NCR - An Affordable Housing Goldmine' at the Delhi leg of Economic Times' ACETECH - Asia's leading trade fair for architecture, building materials, innovation and design. The report pitches the phenomenal expansion and urbanization rate of India's largest planned region against the real estate industry's affordable housing response. Intensely data-driven, this study lays bare the opportunities, shortcomings and challenges that Delhi-NCR presents to the real estate sector.
Anuj Puri, Chairman - ANAROCK Property Consultants says, "Affordable housing has once again taken centre-stage in all real estate forum discussion, and deservedly has the undivided attention of all industry stakeholders including developers, investors, customers and the Government. As India's largest urban agglomeration, Delhi-NCR is extremely important from every perspective - not least of all since it contributes as much as 7-8% of India's total GDP. The region's sheer size and exponential growth bring forth an immediate and ever- escalating requirement for affordable housing. This report takes a deep-dive into how appropriately the region's real estate sector has been able to address this requirement - and what factors aid or hinder this response."
With the vast area under coverage and the presence of well-established services, manufacturing and automobile sectors, NCR's massive employment generation yields a very high demand for affordable housing. This report takes a deep- dive into the supply-absorption trends of affordable housing in NCR, examines how existing policies and regulations have helped meet the huge gap, and frankly states the major challenges that impede the effective implementation of affordable housing projects in the region. It also identifies the key hotspots for affordable housing in NCR, studies the shortfall of urban infrastructure and basic amenities in the region, and takes a sharp look at how well NCR's real estate market has re-oriented itself to the changing market conditions.
Report Highlights: . Residential real estate: unit launches, under-construction units, supply budget segmentation, supply-absorption trends. . Impact of policies & regulations such as PMAY, AMRUT, Smart Cities Mission, infrastructure status to affordable housing, regional policies of HUDA, DDA and GDA . Supply-absorption trends: affordable segment's share in NCR, affordable supply-absorption break-up of units priced < INR 20 lakh & and between INR 20-40 lakh . Supply as per completion timelines . Key Hotspots . Opportunities, challenges & outlook
Click to download the report à NCR - An Affordable Housing Goldmine
ANAROCK Property Consultants Pvt. Ltd. (Formerly Jones Lang LaSalle Residential Pvt. Ltd.) The ANAROCK Group is one of India's leading real estate services company having diversified interest across real estate value chain. Our Group Chairman, Mr. Anuj Puri is India's leading thought leader in the real estate industry. He is regarded amongst the most respected leaders and an acknowledged expert on India's real estate opportunities both in India and across the globe. With over 27 years of illustrious journey, Mr. Anuj Puri was the former Chairman & Country Head of JLL India.
ANAROCK Group's key strategic business units comprise of Residential business: broking & advisory services to clients; Investment business: debt, equity and mezzanine funding and Research & Consulting business. ANAROCK Residential business team comprise of industry's finest residential real estate professionals who understand the ever-changing consumer needs and market trends. Our experience and expertise gained through serving some of the most reputed developers, corporate houses, portfolio investors and individual investors make us the unchallenged residential real estate market leader in India. ANAROCK's Investment arm has built a revolutionary business model of bulk-purchasing residential apartment inventory through a proprietary investment fund.
ANAROCK is the coming together of two words ANA - the mathematical fourth spatial dimension symbolizing our firm's four core values of Ethics, Integrity, Transparency and Trust - and ROCK, the globally understood symbol of solidity and stability. Our vision is to challenge convention and effect positive change across real estate value chain. With a growing team of 1000 professionals, ANAROCK operates in all key property markets across India - Mumbai, Chennai, Bangalore, Gurgaon, Noida, Hyderabad, Kolkata, Pune and international presence in Dubai. With in-depth market information, quality advice and developer tie-ups for optimal deals, we have been serving the industry since 2011.
ANAROCK is committed to consistently deliver optimal value to our clients from the base of our core promise - Values over Value.
For more information, please visit: www.anarock.com.
Image: Anuj Puri, Chairman ANAROCK Property Consultants Pvt. Ltd. (NewsVoir) DL
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