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Angel Investor (Individual)

Investments

3

About Anuj Puri

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Latest Anuj Puri News

4.02 Lakh Homes Completed in 2022 Across Top 7 Cities, Highest in a Year Since 2017

Jan 16, 2023

Anuj Puri, Chairman – ANAROCK Mumbai, 16 January 2023: Year 2022 saw record high housing sales and new launches across the top 7 cities. Latest ANAROCK data reveals that unit completions have also remained on top between 2017 till 2022. Approx. 4.02 lakh homes were completed in 2022 in these cities – 44% higher than in 2021, when approx. 2.79 lakh homes were completed. Of the total completed homes in 2022, the highest were in MMR – approx. 1,26,720 units, almost 80% more than in 2021 (when approx. 70,500 units were completed). In NCR, approx. the same number of units got completed in 2022 (86,300 units) as in 2021 (86,590 units) Pune saw approx. 84,200 units completed in 2022, against 46,080 units in 2021 Bengaluru, Hyderabad, and Chennai collectively saw approx. 81,580 units completed in 2022, against 63,870 units in 2021 Kolkata saw approx. 23,190 units completed in 2022, against 11,620 units in 2021. Anuj Puri, Chairman – ANAROCK Group, says, “2022 was a watershed year for the Indian housing sector, with sales breaching the previous peak levels of 2014. In response to this high demand, developers remained focused on completing their previously launched projects. 2022 saw the highest rate of completions (4.02 lakh units) between 2017 and 2022 across the top 7 cities.” “Over 5.44 lakh units are scheduled to be completed across the top 7 cities in 2023,” says Puri. “Construction activity was, and will hopefully remain, least impacted even if the pandemic resurfaces, so most completions in 2023 may be as per schedule. Certainly, developers are committed to completing previously launched projects before launching new ones.” Expected Completions in 2023 Ready-to-move-in homes remain squarely on the bestseller list. After a phenomenal completion rate in 2022, 2023 is poised to be another rocking year as long as construction proceeds as per timeliness and no major headwinds obstruct it. If construction proceeds unhampered and as per schedule, NCR is likely to see the maximum completions in the year. Year

Anuj Puri Investments

3 Investments

Anuj Puri has made 3 investments. Their latest investment was in The Bohri Kitchen as part of their Seed on December 12, 2017.

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Anuj Puri Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/18/2017

Seed

The Bohri Kitchen

Yes

1

8/4/2017

Seed VC

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10

3/8/2016

Angel

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10

Date

12/18/2017

8/4/2017

3/8/2016

Round

Seed

Seed VC

Angel

Company

The Bohri Kitchen

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Amount

New?

Yes

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Co-Investors

Sources

1

10

10

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