IndustryLatest Stories

Land Deals Fall 22% in India FY26: Anarock Report

Representative Image NEW DELHI: Land transactions experienced a notable decline in the 2025-26 fiscal year, dropping by 22.38%. Only 111 land deals, covering over 2,994 acres, were completed across India, down from 143 deals in the prior year. Among these, listed companies executed 54 deals, accounting for 49% of the total transactions and covering 1,433 acres, as per an Anarock report. Bengaluru emerged as the leading market for listed developers, with 17 deals covering more than 293 acres, while Pune recorded eight deals totaling approximately 78 acres. The Mumbai Metropolitan Region (MMR) had seven deals spanning over 51 acres. Chennai…

Latest StoriesResidential

Lead-to-buy cycle cuts to 26 days; ₹2-3 crore homes sell in 15 days

NEW DELHI: Despite a decline in housing sales across major cities in 2025, the average duration to convert a housing lead to a booking decreased to 26 days, the shortest span in three years. This trend is attributed to swifter decision-making in high-value segments, as reported by Anarock. The lead-to-booking conversion time dropped from 32 days in 2024 to 26 days in 2025. The quickest conversion period was noted in 2022 at 22 days, while 2020 marked the slowest at 35 days. “The reduction in conversion days is primarily due to increased sales of larger homes in top cities,” explained…

CommercialLatest Stories

India to Host 2,400 GCCs by 2030, Market to Reach $110B

NEW DELHI: According to a joint report by FICCI and Anarock, India is expected to have over 2,400 Global Capability Centers (GCCs) by 2030, employing more than 2.8 million professionals. As of the end of 2024, there were already over 1,700 GCCs employing around 1.9 million professionals. The GCC market size is forecasted to grow from USD 64 billion in 2024 to between USD 105 billion and USD 110 billion by 2030. Anuj Puri, chairman of Anarock Group, stated, “India’s GCC landscape has rapidly expanded, with the market size increasing from USD 30 billion in 2019 to approximately USD 64…

IndustryLatest Stories

Construction Costs Up 40%, Affordable Housing Falls to 12% in 2025

NEW DELHI: The affordable housing sector in Indian real estate is facing mounting challenges due to rising construction costs, impacting supply and affordability, as per a recent report by Anarock Group. Data reveals that the average construction cost in major Indian cities has surged nearly 40% over the last five years, climbing from ₹2,200 per sq ft in 2021 to about ₹2,800 per sq ft by October 2024. Mumbai, Delhi NCR, and Bengaluru stand out as the priciest markets, with luxury housing construction costs now surpassing ₹5,000 per sq ft. “Construction expenses in metropolitan areas have skyrocketed due to inflation,…