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DATA LABS

Monthly Realty Watch
1 Nov 2013

Table of Content
Bangalore ……………………………………………………… 2
Chennai ………………………………………………………... 4
Gurgaon ………………………………………………………..

6

Hyderabad ……………………………………………………..

8

Kolkata …………………………………………………………

10

Mumbai ….……………………………………………………..

12

Noida …………………………………………………………… 14
Pune ……………………………………………………………. 16

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

1
DATA LABS

Monthly Realty Watch

Bangalore

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price
Change
(%)

Bannerghatta
Road

3,941

3,913

3,941

3,972

4,010

4,118

4%

Yelahanka

3,711

3,774

3,784

3,829

3,907

3,934

6%

Whitefield

3,670

3,636

3,664

3,719

3,780

3,817

4%

Varthur

3,159

3,220

3,263

3,283

3,316

3,341

6%

Electronic City

3,074

3,080

3,114

3,129

3,187

3,238

5%

Bangalore has seen moderate price increase (4 – 6%) across localities in past 6 months.
New projects by Prestige in Electronic City (Prestige Sunrise Park) and Prestige Lakeside
Habitat are launched at significant premium to locality average and have seen good
response from buyers.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

2
DATA LABS

Monthly Realty Watch

Bangalore

1 Nov 2013

New Launches – Oct, 2013
Builder Name

Project Name

Type

Expected
Completion
Date

Option Type(BHK)

Total Units

Price
(Rs/sq ft)

Greenwich - Phase 2

Villa

Apr,15

3 BHK

37

7,867

Yelahanka

JR Housing
Nakshatra
Upscale

Nakshatra Celestia

Apartments

Sep,15

2 BHK,3 BHK

69

3,333

Banaswadi

Living Walls

Another Sky
California County Phase 2

Apartments

Oct,16

3 BHK,4 BHK

117

5,250

Locality
Sarjapur Road Post
Railway Crossing

Chikballapur

RK Enterprises

Plots

Oct,14

Plot

600

450

KR Puram

Bhoo Samartha

Plots

Nov,13

Plot

78

3,400

Sanctuary

Villa

Oct,15

3 BHK

200

3,600

Whitefield

Bhoo Developers
ICON Infra
Shelters
Raffles Residency
Pvt Ltd

Raffles Park

Villa

Dec,15

Bellandur

Sterling

Ascentia

Apartments

Sarjapur

5 BHK

61

7,900

2 BHK,3 BHK

86

3,480

Electronics City

MJR Builders

Clique

Apartments

Jun,16

1 BHK,2 BHK,3 BHK

521

3,290

Sarjapur

Celebrity Housing

Square

Apartments

Oct,15

2 BHK,3 BHK

250

2,250

Begur

Puravankara

Apartments

Jan,17

2 BHK,3 BHK

740

4,750
3,600

Chandapura

Mitta Group

Purva Westend
Lakeview Golden Nest
- Phase 2

Villa

Jan,15

3 BHK

94

Yelahanka

Alisha Projects

SLV Residency

Apartments

Apr,15

2 BHK,3 BHK

30

3,500

Devanahalli

Ozone Group

Urbana Pavilion

Apartments

Jun,16

2 BHK,3 BHK

320

3,990

Harlur

Zonasha Estates

Vista

Apartments

Mar,15

1 BHK,2 BHK,3 BHK

155

3,900

Koramangala

Sterling

Apartments

Dec,16

3 BHK,4 BHK

273

7,900

Varthur

Villa

Oct,16

3 BHK,4 BHK

270

7,650

Jigani

Prestige
KNS
Infrastructures

Infinia
Lakeside Habitat
Villas

Jakkur

Legacy Group

Anagha

Plots

Mar,15

Plot

162

1,200

Eldora

Apartments

Dec,16

56

5,200

Indira Nagar

Urban Estates

Urban Mist

Plots

NA

3 BHK
Plot

NA

NA

Hoodi

VKC Developers

Chourasia Platinum

Apartments

NA

1 BHK,2 BHK,3 BHK

NA

NA

Bommanahalli

VKC Developers

Chourasia Universe

Apartments

NA

1 BHK

NA

NA

Bannerghatta Road

GRC Group

GRC Nirvana

Apartments

NA

1 BHK,2 BHK,3 BHK

NA

NA

Bangalore also saw good number of new launches. Some of the key launches are
•
•
•
•

Prestige Lakeside Habitat on Varthur road with 3428 apartment and villas
Purva Westend in Begur with 740 units
Ozone Urbana Pavillion in Devanahalli with 320 units
MJR Clique in Electronic City with 521 units

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

3
DATA LABS

Monthly Realty Watch

Chennai

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price Change
(%)

Anna Nagar

10,950

10,350

10,200

10,392

10,837

10,913

0%

Porur

4,853

4,857

4,873

4,927

4,961

5,062

4%

Tambaram

3,817

3,805

3,849

3,884

3,901

3,924

3%

Singaperumal Koil

3,497

3,497

3,407

3,392

3,412

3,523

1%

Oragadam

2,866

2,816

2,871

2,871

2,838

2,871

0%

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

4
DATA LABS

Monthly Realty Watch

Chennai

1 Nov 2013

New Launches – Oct, 2013
Locality

Builder Name

Project Name

Tiruvallur

P dot G

Dreamz

Potheri

P dot G

Matrix

Tambaram

Atikramya

Auram

Nanganallur

Lancor Holdings

Corner Stone

Thiruporur

Success Enterprise

Lake Town Avenue

Anna Nagar

Kgeyes Residency

Galileo

Mogappair

Arihant Housing

Tiara

Madipakkam

MGP

Elite Villas

Padappai

Deva Constructions

Opal Garden

Oragadam

Alliance Group

Villa Belvedere

Type

Expected
Completion
Date

Option
Type(BHK)

Total Units

Price
(Rs/sq ft)

Apartments
Apartments
Apartments
Apartments

Dec,14

2 BHK

144

2,099

Jan,15

2 BHK,3 BHK

144

2,099

NA

2 BHK

NA

NA

Apr,15

2 BHK,3 BHK

24

7,650

Plots
Apartments
Apartments
Villa
Apartments
Plot villas

Apr,14

Plot

132

350

Oct,15

3 BHK

20

15,000

Dec,15

2 BHK,3 BHK

96

7,500

Sep,14

3 BHK

12

4,700

NA

2 BHK,3 BHK

NA

NA

NA

Plot

700

1,499

Some of the premium launches to note in Chennai are
•
•

Kgeyes launched Galileo in Anna Nagar at BSP of Rs 15,000 per sq ft
Arihant Housing launched Tiara in Mogappair at BSP of Rs 7,500 per sq ft.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

5
DATA LABS

Monthly Realty Watch

Gurgaon

1 Nov 2013

Price Trends

BSP(Rs/sq ft)
Golf Course Extn
Rd
Sohna Rd
Dwarka
Expressway
New Gurgaon

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

10,654

10,760

10,764

10,910

10,919

11,170

7,994

7,949

7,997

7,893

7,787

7,989

6,501

6,630

6,757

6,849

6,886

6,882

5,655

5,746

5,750

5,794

5,832

Price
Change
(%)

5,852

5%
0%
6%
3%

Golf Course extension road and Dwarka expressway prices are still growing and have
seen appreciation of 5 – 6% in past 6 months whereas Sohna road has not had any new
launch and prices have been stable.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

6
DATA LABS

Monthly Realty Watch

Gurgaon

1 Nov 2013

New Launches – Oct, 2013
Project Name

Type

ATS Greens

Tourmaline

Apartments

Expected
Completion
Date
Feb,17

3 BHK,4 BHK

200

8,000

Krrish

Green Montagne
The Hamptons Phase 1

Apartments

Apr,17

3 BHK,4 BHK,5 BHK

190

9,150

Apr,16

3 BHK,4 BHK

300

9,792

Oct,16

152

6,250

780

3,200

Locality

Builder Name

Sector 109
Sector 71
Sector 67
Sector 70A

Ansal API

Avalon Group

Royal Heights

Apr,16

Bhiwadi

Amrante

Amrante Heights

Apartments

Oct,16

1 BHK,2 BHK

720

1,642

Sector 85

VSR Infratech
Fair Wealth
Builder
Stanford
Developers

85 Avenue

Apartments

Mar,17

1 BHK,2 BHK

78

6,950

Feb,17

1 BHK,2 BHK,3 BHK

650

2,800

NA

1 BHK,2 BHK

NA

2,783

Bhiwadi
Neemrana

Escala

Apartments

Price
(Rs/sq ft)

2 BHK,3 BHK
2 BHK,3 BHK,4
BHK

Bhiwadi

M3M

Apartments

Option Type(BHK) Total Units

Breeze Homes
Sunrise

Apartments

Apartments
Apartments

Launches in Gurgaon have nearly dried with only 5 projects cumulatively offering only
920 units were launched in festival season. Bhiwadi and Neemrana continues to see
large new launches.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

7
DATA LABS

Monthly Realty Watch

Hyderabad

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price
Change
(%)

Banjara Hills

8,083

8,000

7,986

8,225

8,225

8,225

2%

Gachibowli

3,959

4,022

4,050

4,127

4,139

4,020

2%

Kondapur

3,533

3,575

3,650

3,675

3,714

3,575

1%

Kukatpally

3,405

3,332

3,332

3,352

3,452

3,474

2%

Manikonda

3,250

3,067

3,100

2,925

2,925

2,925

-10%

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

8
DATA LABS
Hyderabad

Monthly Realty Watch
1 Nov 2013

New Launches – Oct, 2013

Hyderabad real estate is going through rough patch due to geo political issues. City has
not seen many new launches in the past and the trend has continued through the festive
season.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

9
DATA LABS

Monthly Realty Watch

Kolkata

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price Change
(%)

Beliaghata

6,800

6,800

5,500

5,133

5,167

5,167

-24%

Howrah
Rajarhat New
Town
Behala

4,433

3,950

3,754

3,774

3,774

3,774

-15%

3,613

3,628

3,663

3,679

3,685

3,720

3,491

3,518

3,600

3,641

3,641

3,838

10%

Baguihati

2,750

2,750

2,750

2,817

3,017

3,017

10%

3%

Prices have corrected heavily in Beliaghata and Howrah locality in past six months
whereas Behala and Baguihati has seen price increase.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

10
DATA LABS

Monthly Realty Watch

Kolkata

1 Nov 2013

New Launches – Oct, 2013
Locality

Builder Name

Project Name

Garia
Madhyamgram

Somani Realtors

Pacific Paradise

Pearl Realty

Shivoham Gardenia

Option
Type(BHK)

Total Units

Price
(Rs/sq ft)

Apartments

Expected
Completion
Date
Dec,15

2 BHK,3 BHK

76

2350

Apartments

May,15

2 BHK,3 BHK

52

2511

Type

Only 2 new projects were launched with 128 units.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

11
DATA LABS

Monthly Realty Watch

Mumbai

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price
Change
(%)

Chembur

17,291

17,613

17,378

17,489

17,743

18,440

7%

Borivali West

14,042

14,283

14,122

14,156

14,192

14,887

6%

Thane West

8,540

8,644

8,699

8,834

9,014

9,139

7%

Ulwe

4,832

4,845

4,857

4,892

4,913

4,929

2%

Panvel

4,227

4,210

4,215

4,273

4,290

4,293

2%

Chembur, Borivali West and Thane West saw prices increasing by Rs 500 – 1000/- per sq
ft whereas prices in Ulwe and Panvel have been stable.

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

12
DATA LABS

Monthly Realty Watch

Mumbai

1 Nov 2013

New Launches – Oct, 2013
Locality

Builder Name

Project Name

Type

Panvel

Lakhanis

La Riveria

Apartments

Ambernath West
Malad West

Apartments

Parshwanath Realty

Landscape Heights

Sheth Creators

Apartments

Expected
Completion
Date
Oct,16

Option Type(BHK)

Total Units

Price
(Rs/sq ft)

1 BHK,2 BHK

250

6,500

Apr,15

1 BHK,2 BHK

140

2,999

Dec,17

2 BHK,3 BHK,4 BHK

300

13,500

Sheth Creators

Auris Serenity
Auris Serenity Phase 1

Dec,17

2 BHK,3 BHK,4 BHK

300

13,500

Ambernath East

Kohinoor

Castles

Apartments

Oct,16

1 BHK,2 BHK

295

2,751

Mulund West

Nirmal Lifestyle

Panaroma

Apartments

Dec,17

1 BHK,2 BHK

63

9,999

June,16

1 BHK,2 BHK,3 BHK

220

15,714

Oct,15

2 BHK

13

16,000

Oct,15

1 BHK,2 BHK

302

2,325

Mar,16

42

13,667

48

11,500

Malad West

Wadala
Andheri West

Lodha
Blue Castle
Developers

Codename Metropolis

Apartments

Apartments
Apartments

VBHC

Fiona
Vaibhav Palghar Phase 2

Sanaya Realties

Astrio

Shree Shakun

Heights

Oct,15

2 BHK,3 BHK,4 BHK
1 BHK,2 BHK,3
BHK,4 BHK

Ulwe

Mauli Realtors

Prime Arcade

Apartments

Oct,14

1 BHK

NA

NA

Kalyan West

Royce Developers

Paradise

Apartments

Oct,17

1 BHK,2 BHK

90

4,500

Vasind

VBHC

Vaibhav Hills

Apartments

Aug,15

1 BHK,2 BHK

294

2,364

Karjat

Synergy One

Hills Dales

Villa

NA

3 BHK

NA

NA

Ambernath East

Ahuja Group

Prasadam

Apartments

Apr,15

1 BHK,2 BHK,3 BHK

425

2,900

Palghar
Mulund West
Goregaon East

Apartments
Apartments
Apartments

Vashi

Baba Developers

Solitaire

Apartments

May,14

1 BHK

26

10,000

Chembur

Baba Developers

Jai Ambe

Apartments

Jan,16

1 BHK,2 BHK

108

15,000

Kurla

Baba Developers

Ekta

Apartments

Jan,16

1 BHK,2 BHK

76

10,000

Chembur

Baba Developers

Sadguru

Apartments

Jan,16

2 BHK

72

15,000

Bholenath Developer

Aura Apartments

NA

2 BHK

NA

NA

Karanjade

Anchit Group

Jai Shivam

Apartments

Apr,15

1 BHK,2 BHK

60

5,250
4,500

Chembur

Apartments

Ulwe

Anchit Group

Padmavati Villa

Apartments

GHP Group

Azure

Apartments

Apr,15
Sep,16

1 BHK

Taloja

2 BHK

17
40

Taloja

Shree Sawan

Avenue1

Apartments

Oct,15

1 BHK,2 BHK

56

4,600
3,950

Ulwe

Galaxy Group16

Apartments

Oct,15

1 BHK,2 BHK

55

5,600

Borivali West

Aditya Developers

Krishna Tower
Anamika Niwas CHS
LTD

Apartments

Oct,15

2 BHK,3 BHK

36

23,000

Borivali West

Aditya Developers

Urvashi CHS LTD

Apartments

Oct,15

2 BHK,3 BHK

36

25,500

Ghatkopar West

Shreenath Builders

Apartments

NA

1 BHK,2 BHK,3 BHK

NA

NA

Kalyan West

Bajaj Realty

Krupa
Prakriti Angan - phase
2

Apartments

Andheri West

Bajaj Realty

Palghar

VBHC

Enchante
Palghar Greens
Phase 2

Kandivali East

Raheja Universal

Reflections Odyssey

Ankur Dhawan :
ankur.dhawan@proptiger.com

Jul,15

1 BHK,2 BHK

210

4,100

Apartments

Apr,16

1 BHK,2 BHK

28

26,054

Apartments

Oct,15

1 BHK,2 BHK

302

2,369

Apartments

Jun,17

4 BHK

62

13,000

Kapil Pathak :
kapil.pathak@proptiger.com

13
DATA LABS

Monthly Realty Watch

Noida

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price Change
(%)

FNG Expressway

5,113

5,085

5,317

5,226

5,064

5,075

-1%

Greater Noida

4,062

4,053

4,092

4,064

4,058

4,064

0%

Noida Extension
Yamuna
Expressway

3,400

3,397

3,383

3,395

3,430

3,462

2%

3,270

3,217

3,158

3,106

3,078

3,130

-4%

Prices are seeing downward pressure in all localities in Noida
•
•
•

Prices have reduced up to ~4% in past 6 months
Festival season resulted in good offers from developers often resulting in 8 – 10%
discount over quoted price
Few new launches have been at good discount to average locality price giving buying
opportunity to investors

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

14
DATA LABS

Monthly Realty Watch
Noida

1 Nov 2013

New Launches – Oct, 2013
Locality

Builder Name

Project Name

Type

Expected
Completion
Date

Option Type(BHK)

Total Units

Price
(Rs/sq ft)

Sec- 19 Yamuna
Expressway

Gaursons

Gaur Yamuna City Phase2

Apartments

Jan-2017

1 BHK,2 BHK,3 BHK

1300

2,095

Techzone 4

Saviour Builder

Green Arch

Apartments

Apr-2017

2 BHK,3 BHK,4 BHK

1008

2,550

Sector 86

Jaura Infratech

Forest Greens

Apartments

Apr-2016

1 BHK,2 BHK,3 BHK

380

4,000

Zeta 1

ATS Greens

New Launch

Apartments

Oct-2017

3 BHK,4 BHK

560

3,500

Phi IV

Shri Infratech

Vedic City

Plots

Apr-2016

Plot

727

1,611

Sector 86
Sec- 22D Yamuna
Expressway

Jaura Infratech

Prime Boulevard

Apartments

Jun-2016

1 BHK,2 BHK,3 BHK

400

3,500

Jaypee Greens

Jaypee Udaan

Apartments

Jun-2016

2 BHK,3 BHK

200

3,565

Phi IV

VA Infraventures

Clarissa

Apartments

Oct-2016

1 BHK

720

3,777

Sector 86

Jaura Infratech

Jaura Naturoville

Apartments

Oct-2016

1 BHK,2 BHK,3 BHK

380

4,000

Dadri

Salvos

Shivam Residency

Plots

Feb-2014

Plot

33

1,055

New launches have been subdued in Noida Market
•
•
•

Only few large projects were launched last month in the price range of Rs ~2100 – 4000
per sq ft
Last month also saw new inventory in plots being launched in Greater Noida at attractive
price
Jaura Infratech - Prime Boulevard saw good interest from market due to its price
advantage and was sold out within a month

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

15
DATA LABS

Monthly Realty Watch
Pune

1 Nov 2013

Price Trends

BSP(Rs/sq ft)

Apr-13

May-13

Jun-13

Jul-13

Aug-13

Sep-13

Price
Change
(%)

Baner

6,123

6,151

6,206

6,277

6,373

6,383

4%

Kharadi

5,184

5,229

5,235

5,307

5,353

5,374

4%

Wakad

4,953

4,968

5,000

5,049

5,067

5,106

3%

Hadapsar

4,949

4,936

4,999

4,951

5,052

5,105

3%

Wagholi

3,512

3,523

3,511

3,542

3,654

3,586

2%

Prices have increased by Rs 100 – 200/- sq ft in most localities
•
•

Prices in Pune have been stable in past 6 months with moderate increase
Prices in Wagholi are seeing downward pressure with most new launches coming at
discount to locality average

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

16
DATA LABS

Monthly Realty Watch

Pune

1 Nov 2013

New Launches – Oct, 2013
Locality

Builder Name

Project Name

Type

Expected
Completion
Date
Dec,15

Option Type(BHK)

Total Units

Price
(Rs/sq ft)

Bavdhan

Galaxy Group

New Launch

Apartments

1 BHK,2 BHK

108

5,150

Moshi

Yash Enterprises
Ceratec
Constructions

Tulip Heritage

Aug,15

1 BHK,2 BHK

120

3,636

Mar,15

4,286

Eden Groups

Waterville - Phase 2

Apr,15

1 BHK,2 BHK,3 BHK
Plot

200

Varasgaon

Apartments
Villa
Apartments
Plots

300

325

Wagholi

Ravi Landmarks

Sky Water

Apartments

Dec,15

1 BHK,2 BHK

84

3,450

Kondhwa

City

Kalyani Nagar

ABIL

Verde

Apartments

Oct,16

3 BHK,4 BHK

142

15,000

Hadapsar

Vedant Corp
Blue Skky
Builders
Blue Skky
Builders
Pegasus
Properties

Vedant Royale

Apartments

Dec,15

1 BHK,2 BHK

66

4,000

Oct,16

1 BHK,2 BHK,3 BHK

120

3,300

Oct,16

1 BHK,2 BHK,3 BHK

120

3,300
5,000

Wagholi
Wagholi
Hinjewadi

Skyy Onn
Skyy Onn - phase 1
Mystic

Apartments
Apartments
Apartments

Oct,16

2 BHK,3 BHK

300

Wagholi

Mantra Properties

Blessings

Apartments

Dec,15

2 BHK

NA

3,599

Baner

Kumar Properties

Privie Sanctum

Apartments

Sep,16

3 BHK,4 BHK

36

12,000

Deccan Gymkhana

Golden Sparrow

1 Golden Sparrow

Apartments

Jan,15

3 BHK

24

18,000

Wagholi

Dreams Group

Dreams Lynnea

Apartments

Nov,15

1 BHK,2 BHK

192

3,800

Undri

Urban Homes

Urban Nest

Apartments

Apr,16

1 BHK,2 BHK,3 BHK

228

4,200

Ravet

Sonigara Homes

Indraprabha Phase2

Apartments

Nov,15

1 BHK,2 BHK

85

4,200

Wakad

Sonigara Homes
Sanskruti
Lifespaces

Sonigara Laurel

Apartments

Dec,15

1 BHK,2 BHK

80

5,000

May,16

3 BHK

44

9,500

Talegaon

Saarrthi Group

Swadesh

Apartments

Nov,15

350

2,600

Ravet

Shyama Builders
Sanskruti
Infrastructure
Prathamesh
Developers

Rainbow Vissta

Apartments

Oct,15

1 BHK,2 BHK
2 BHK

43

4,500

NA

3 BHK,4 BHK

NA

NA

NA

1 BHK

90

3,100

Baner

Deccan Gymkhana
Nasrapur

Terraza

Sanskruti Prabhat
Suman Kala Vishwa

Apartments

Apartments
Apartments

Multiple new luxury projects were launched in October 2013
•
•
•
•

ABIL launched Verde in Kalyani Nagar at basic sales price of Rs 15,000 per sq ft
Kumar Properties launched Privie Sanctum in Baner at price of Rs 12,000 per sq ft
Terraza launched Sanskruti Lifespaces in Baner at price of Rs 9,500 per sq ft
Golden Sparrow launched its project in Deccan Gymkhana at price of Rs Rs 18,000 per sq ft

Ankur Dhawan :
ankur.dhawan@proptiger.com

Kapil Pathak :
kapil.pathak@proptiger.com

17

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Mumbai Realty Market Update

  • 1.
  • 2. DATA LABS Monthly Realty Watch 1 Nov 2013 Table of Content Bangalore ……………………………………………………… 2 Chennai ………………………………………………………... 4 Gurgaon ……………………………………………………….. 6 Hyderabad …………………………………………………….. 8 Kolkata ………………………………………………………… 10 Mumbai ….…………………………………………………….. 12 Noida …………………………………………………………… 14 Pune ……………………………………………………………. 16 Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 1
  • 3. DATA LABS Monthly Realty Watch Bangalore 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Bannerghatta Road 3,941 3,913 3,941 3,972 4,010 4,118 4% Yelahanka 3,711 3,774 3,784 3,829 3,907 3,934 6% Whitefield 3,670 3,636 3,664 3,719 3,780 3,817 4% Varthur 3,159 3,220 3,263 3,283 3,316 3,341 6% Electronic City 3,074 3,080 3,114 3,129 3,187 3,238 5% Bangalore has seen moderate price increase (4 – 6%) across localities in past 6 months. New projects by Prestige in Electronic City (Prestige Sunrise Park) and Prestige Lakeside Habitat are launched at significant premium to locality average and have seen good response from buyers. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 2
  • 4. DATA LABS Monthly Realty Watch Bangalore 1 Nov 2013 New Launches – Oct, 2013 Builder Name Project Name Type Expected Completion Date Option Type(BHK) Total Units Price (Rs/sq ft) Greenwich - Phase 2 Villa Apr,15 3 BHK 37 7,867 Yelahanka JR Housing Nakshatra Upscale Nakshatra Celestia Apartments Sep,15 2 BHK,3 BHK 69 3,333 Banaswadi Living Walls Another Sky California County Phase 2 Apartments Oct,16 3 BHK,4 BHK 117 5,250 Locality Sarjapur Road Post Railway Crossing Chikballapur RK Enterprises Plots Oct,14 Plot 600 450 KR Puram Bhoo Samartha Plots Nov,13 Plot 78 3,400 Sanctuary Villa Oct,15 3 BHK 200 3,600 Whitefield Bhoo Developers ICON Infra Shelters Raffles Residency Pvt Ltd Raffles Park Villa Dec,15 Bellandur Sterling Ascentia Apartments Sarjapur 5 BHK 61 7,900 2 BHK,3 BHK 86 3,480 Electronics City MJR Builders Clique Apartments Jun,16 1 BHK,2 BHK,3 BHK 521 3,290 Sarjapur Celebrity Housing Square Apartments Oct,15 2 BHK,3 BHK 250 2,250 Begur Puravankara Apartments Jan,17 2 BHK,3 BHK 740 4,750 3,600 Chandapura Mitta Group Purva Westend Lakeview Golden Nest - Phase 2 Villa Jan,15 3 BHK 94 Yelahanka Alisha Projects SLV Residency Apartments Apr,15 2 BHK,3 BHK 30 3,500 Devanahalli Ozone Group Urbana Pavilion Apartments Jun,16 2 BHK,3 BHK 320 3,990 Harlur Zonasha Estates Vista Apartments Mar,15 1 BHK,2 BHK,3 BHK 155 3,900 Koramangala Sterling Apartments Dec,16 3 BHK,4 BHK 273 7,900 Varthur Villa Oct,16 3 BHK,4 BHK 270 7,650 Jigani Prestige KNS Infrastructures Infinia Lakeside Habitat Villas Jakkur Legacy Group Anagha Plots Mar,15 Plot 162 1,200 Eldora Apartments Dec,16 56 5,200 Indira Nagar Urban Estates Urban Mist Plots NA 3 BHK Plot NA NA Hoodi VKC Developers Chourasia Platinum Apartments NA 1 BHK,2 BHK,3 BHK NA NA Bommanahalli VKC Developers Chourasia Universe Apartments NA 1 BHK NA NA Bannerghatta Road GRC Group GRC Nirvana Apartments NA 1 BHK,2 BHK,3 BHK NA NA Bangalore also saw good number of new launches. Some of the key launches are • • • • Prestige Lakeside Habitat on Varthur road with 3428 apartment and villas Purva Westend in Begur with 740 units Ozone Urbana Pavillion in Devanahalli with 320 units MJR Clique in Electronic City with 521 units Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 3
  • 5. DATA LABS Monthly Realty Watch Chennai 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Anna Nagar 10,950 10,350 10,200 10,392 10,837 10,913 0% Porur 4,853 4,857 4,873 4,927 4,961 5,062 4% Tambaram 3,817 3,805 3,849 3,884 3,901 3,924 3% Singaperumal Koil 3,497 3,497 3,407 3,392 3,412 3,523 1% Oragadam 2,866 2,816 2,871 2,871 2,838 2,871 0% Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 4
  • 6. DATA LABS Monthly Realty Watch Chennai 1 Nov 2013 New Launches – Oct, 2013 Locality Builder Name Project Name Tiruvallur P dot G Dreamz Potheri P dot G Matrix Tambaram Atikramya Auram Nanganallur Lancor Holdings Corner Stone Thiruporur Success Enterprise Lake Town Avenue Anna Nagar Kgeyes Residency Galileo Mogappair Arihant Housing Tiara Madipakkam MGP Elite Villas Padappai Deva Constructions Opal Garden Oragadam Alliance Group Villa Belvedere Type Expected Completion Date Option Type(BHK) Total Units Price (Rs/sq ft) Apartments Apartments Apartments Apartments Dec,14 2 BHK 144 2,099 Jan,15 2 BHK,3 BHK 144 2,099 NA 2 BHK NA NA Apr,15 2 BHK,3 BHK 24 7,650 Plots Apartments Apartments Villa Apartments Plot villas Apr,14 Plot 132 350 Oct,15 3 BHK 20 15,000 Dec,15 2 BHK,3 BHK 96 7,500 Sep,14 3 BHK 12 4,700 NA 2 BHK,3 BHK NA NA NA Plot 700 1,499 Some of the premium launches to note in Chennai are • • Kgeyes launched Galileo in Anna Nagar at BSP of Rs 15,000 per sq ft Arihant Housing launched Tiara in Mogappair at BSP of Rs 7,500 per sq ft. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 5
  • 7. DATA LABS Monthly Realty Watch Gurgaon 1 Nov 2013 Price Trends BSP(Rs/sq ft) Golf Course Extn Rd Sohna Rd Dwarka Expressway New Gurgaon Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 10,654 10,760 10,764 10,910 10,919 11,170 7,994 7,949 7,997 7,893 7,787 7,989 6,501 6,630 6,757 6,849 6,886 6,882 5,655 5,746 5,750 5,794 5,832 Price Change (%) 5,852 5% 0% 6% 3% Golf Course extension road and Dwarka expressway prices are still growing and have seen appreciation of 5 – 6% in past 6 months whereas Sohna road has not had any new launch and prices have been stable. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 6
  • 8. DATA LABS Monthly Realty Watch Gurgaon 1 Nov 2013 New Launches – Oct, 2013 Project Name Type ATS Greens Tourmaline Apartments Expected Completion Date Feb,17 3 BHK,4 BHK 200 8,000 Krrish Green Montagne The Hamptons Phase 1 Apartments Apr,17 3 BHK,4 BHK,5 BHK 190 9,150 Apr,16 3 BHK,4 BHK 300 9,792 Oct,16 152 6,250 780 3,200 Locality Builder Name Sector 109 Sector 71 Sector 67 Sector 70A Ansal API Avalon Group Royal Heights Apr,16 Bhiwadi Amrante Amrante Heights Apartments Oct,16 1 BHK,2 BHK 720 1,642 Sector 85 VSR Infratech Fair Wealth Builder Stanford Developers 85 Avenue Apartments Mar,17 1 BHK,2 BHK 78 6,950 Feb,17 1 BHK,2 BHK,3 BHK 650 2,800 NA 1 BHK,2 BHK NA 2,783 Bhiwadi Neemrana Escala Apartments Price (Rs/sq ft) 2 BHK,3 BHK 2 BHK,3 BHK,4 BHK Bhiwadi M3M Apartments Option Type(BHK) Total Units Breeze Homes Sunrise Apartments Apartments Apartments Launches in Gurgaon have nearly dried with only 5 projects cumulatively offering only 920 units were launched in festival season. Bhiwadi and Neemrana continues to see large new launches. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 7
  • 9. DATA LABS Monthly Realty Watch Hyderabad 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Banjara Hills 8,083 8,000 7,986 8,225 8,225 8,225 2% Gachibowli 3,959 4,022 4,050 4,127 4,139 4,020 2% Kondapur 3,533 3,575 3,650 3,675 3,714 3,575 1% Kukatpally 3,405 3,332 3,332 3,352 3,452 3,474 2% Manikonda 3,250 3,067 3,100 2,925 2,925 2,925 -10% Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 8
  • 10. DATA LABS Hyderabad Monthly Realty Watch 1 Nov 2013 New Launches – Oct, 2013 Hyderabad real estate is going through rough patch due to geo political issues. City has not seen many new launches in the past and the trend has continued through the festive season. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 9
  • 11. DATA LABS Monthly Realty Watch Kolkata 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Beliaghata 6,800 6,800 5,500 5,133 5,167 5,167 -24% Howrah Rajarhat New Town Behala 4,433 3,950 3,754 3,774 3,774 3,774 -15% 3,613 3,628 3,663 3,679 3,685 3,720 3,491 3,518 3,600 3,641 3,641 3,838 10% Baguihati 2,750 2,750 2,750 2,817 3,017 3,017 10% 3% Prices have corrected heavily in Beliaghata and Howrah locality in past six months whereas Behala and Baguihati has seen price increase. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 10
  • 12. DATA LABS Monthly Realty Watch Kolkata 1 Nov 2013 New Launches – Oct, 2013 Locality Builder Name Project Name Garia Madhyamgram Somani Realtors Pacific Paradise Pearl Realty Shivoham Gardenia Option Type(BHK) Total Units Price (Rs/sq ft) Apartments Expected Completion Date Dec,15 2 BHK,3 BHK 76 2350 Apartments May,15 2 BHK,3 BHK 52 2511 Type Only 2 new projects were launched with 128 units. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 11
  • 13. DATA LABS Monthly Realty Watch Mumbai 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Chembur 17,291 17,613 17,378 17,489 17,743 18,440 7% Borivali West 14,042 14,283 14,122 14,156 14,192 14,887 6% Thane West 8,540 8,644 8,699 8,834 9,014 9,139 7% Ulwe 4,832 4,845 4,857 4,892 4,913 4,929 2% Panvel 4,227 4,210 4,215 4,273 4,290 4,293 2% Chembur, Borivali West and Thane West saw prices increasing by Rs 500 – 1000/- per sq ft whereas prices in Ulwe and Panvel have been stable. Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 12
  • 14. DATA LABS Monthly Realty Watch Mumbai 1 Nov 2013 New Launches – Oct, 2013 Locality Builder Name Project Name Type Panvel Lakhanis La Riveria Apartments Ambernath West Malad West Apartments Parshwanath Realty Landscape Heights Sheth Creators Apartments Expected Completion Date Oct,16 Option Type(BHK) Total Units Price (Rs/sq ft) 1 BHK,2 BHK 250 6,500 Apr,15 1 BHK,2 BHK 140 2,999 Dec,17 2 BHK,3 BHK,4 BHK 300 13,500 Sheth Creators Auris Serenity Auris Serenity Phase 1 Dec,17 2 BHK,3 BHK,4 BHK 300 13,500 Ambernath East Kohinoor Castles Apartments Oct,16 1 BHK,2 BHK 295 2,751 Mulund West Nirmal Lifestyle Panaroma Apartments Dec,17 1 BHK,2 BHK 63 9,999 June,16 1 BHK,2 BHK,3 BHK 220 15,714 Oct,15 2 BHK 13 16,000 Oct,15 1 BHK,2 BHK 302 2,325 Mar,16 42 13,667 48 11,500 Malad West Wadala Andheri West Lodha Blue Castle Developers Codename Metropolis Apartments Apartments Apartments VBHC Fiona Vaibhav Palghar Phase 2 Sanaya Realties Astrio Shree Shakun Heights Oct,15 2 BHK,3 BHK,4 BHK 1 BHK,2 BHK,3 BHK,4 BHK Ulwe Mauli Realtors Prime Arcade Apartments Oct,14 1 BHK NA NA Kalyan West Royce Developers Paradise Apartments Oct,17 1 BHK,2 BHK 90 4,500 Vasind VBHC Vaibhav Hills Apartments Aug,15 1 BHK,2 BHK 294 2,364 Karjat Synergy One Hills Dales Villa NA 3 BHK NA NA Ambernath East Ahuja Group Prasadam Apartments Apr,15 1 BHK,2 BHK,3 BHK 425 2,900 Palghar Mulund West Goregaon East Apartments Apartments Apartments Vashi Baba Developers Solitaire Apartments May,14 1 BHK 26 10,000 Chembur Baba Developers Jai Ambe Apartments Jan,16 1 BHK,2 BHK 108 15,000 Kurla Baba Developers Ekta Apartments Jan,16 1 BHK,2 BHK 76 10,000 Chembur Baba Developers Sadguru Apartments Jan,16 2 BHK 72 15,000 Bholenath Developer Aura Apartments NA 2 BHK NA NA Karanjade Anchit Group Jai Shivam Apartments Apr,15 1 BHK,2 BHK 60 5,250 4,500 Chembur Apartments Ulwe Anchit Group Padmavati Villa Apartments GHP Group Azure Apartments Apr,15 Sep,16 1 BHK Taloja 2 BHK 17 40 Taloja Shree Sawan Avenue1 Apartments Oct,15 1 BHK,2 BHK 56 4,600 3,950 Ulwe Galaxy Group16 Apartments Oct,15 1 BHK,2 BHK 55 5,600 Borivali West Aditya Developers Krishna Tower Anamika Niwas CHS LTD Apartments Oct,15 2 BHK,3 BHK 36 23,000 Borivali West Aditya Developers Urvashi CHS LTD Apartments Oct,15 2 BHK,3 BHK 36 25,500 Ghatkopar West Shreenath Builders Apartments NA 1 BHK,2 BHK,3 BHK NA NA Kalyan West Bajaj Realty Krupa Prakriti Angan - phase 2 Apartments Andheri West Bajaj Realty Palghar VBHC Enchante Palghar Greens Phase 2 Kandivali East Raheja Universal Reflections Odyssey Ankur Dhawan : ankur.dhawan@proptiger.com Jul,15 1 BHK,2 BHK 210 4,100 Apartments Apr,16 1 BHK,2 BHK 28 26,054 Apartments Oct,15 1 BHK,2 BHK 302 2,369 Apartments Jun,17 4 BHK 62 13,000 Kapil Pathak : kapil.pathak@proptiger.com 13
  • 15. DATA LABS Monthly Realty Watch Noida 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) FNG Expressway 5,113 5,085 5,317 5,226 5,064 5,075 -1% Greater Noida 4,062 4,053 4,092 4,064 4,058 4,064 0% Noida Extension Yamuna Expressway 3,400 3,397 3,383 3,395 3,430 3,462 2% 3,270 3,217 3,158 3,106 3,078 3,130 -4% Prices are seeing downward pressure in all localities in Noida • • • Prices have reduced up to ~4% in past 6 months Festival season resulted in good offers from developers often resulting in 8 – 10% discount over quoted price Few new launches have been at good discount to average locality price giving buying opportunity to investors Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 14
  • 16. DATA LABS Monthly Realty Watch Noida 1 Nov 2013 New Launches – Oct, 2013 Locality Builder Name Project Name Type Expected Completion Date Option Type(BHK) Total Units Price (Rs/sq ft) Sec- 19 Yamuna Expressway Gaursons Gaur Yamuna City Phase2 Apartments Jan-2017 1 BHK,2 BHK,3 BHK 1300 2,095 Techzone 4 Saviour Builder Green Arch Apartments Apr-2017 2 BHK,3 BHK,4 BHK 1008 2,550 Sector 86 Jaura Infratech Forest Greens Apartments Apr-2016 1 BHK,2 BHK,3 BHK 380 4,000 Zeta 1 ATS Greens New Launch Apartments Oct-2017 3 BHK,4 BHK 560 3,500 Phi IV Shri Infratech Vedic City Plots Apr-2016 Plot 727 1,611 Sector 86 Sec- 22D Yamuna Expressway Jaura Infratech Prime Boulevard Apartments Jun-2016 1 BHK,2 BHK,3 BHK 400 3,500 Jaypee Greens Jaypee Udaan Apartments Jun-2016 2 BHK,3 BHK 200 3,565 Phi IV VA Infraventures Clarissa Apartments Oct-2016 1 BHK 720 3,777 Sector 86 Jaura Infratech Jaura Naturoville Apartments Oct-2016 1 BHK,2 BHK,3 BHK 380 4,000 Dadri Salvos Shivam Residency Plots Feb-2014 Plot 33 1,055 New launches have been subdued in Noida Market • • • Only few large projects were launched last month in the price range of Rs ~2100 – 4000 per sq ft Last month also saw new inventory in plots being launched in Greater Noida at attractive price Jaura Infratech - Prime Boulevard saw good interest from market due to its price advantage and was sold out within a month Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 15
  • 17. DATA LABS Monthly Realty Watch Pune 1 Nov 2013 Price Trends BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price Change (%) Baner 6,123 6,151 6,206 6,277 6,373 6,383 4% Kharadi 5,184 5,229 5,235 5,307 5,353 5,374 4% Wakad 4,953 4,968 5,000 5,049 5,067 5,106 3% Hadapsar 4,949 4,936 4,999 4,951 5,052 5,105 3% Wagholi 3,512 3,523 3,511 3,542 3,654 3,586 2% Prices have increased by Rs 100 – 200/- sq ft in most localities • • Prices in Pune have been stable in past 6 months with moderate increase Prices in Wagholi are seeing downward pressure with most new launches coming at discount to locality average Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 16
  • 18. DATA LABS Monthly Realty Watch Pune 1 Nov 2013 New Launches – Oct, 2013 Locality Builder Name Project Name Type Expected Completion Date Dec,15 Option Type(BHK) Total Units Price (Rs/sq ft) Bavdhan Galaxy Group New Launch Apartments 1 BHK,2 BHK 108 5,150 Moshi Yash Enterprises Ceratec Constructions Tulip Heritage Aug,15 1 BHK,2 BHK 120 3,636 Mar,15 4,286 Eden Groups Waterville - Phase 2 Apr,15 1 BHK,2 BHK,3 BHK Plot 200 Varasgaon Apartments Villa Apartments Plots 300 325 Wagholi Ravi Landmarks Sky Water Apartments Dec,15 1 BHK,2 BHK 84 3,450 Kondhwa City Kalyani Nagar ABIL Verde Apartments Oct,16 3 BHK,4 BHK 142 15,000 Hadapsar Vedant Corp Blue Skky Builders Blue Skky Builders Pegasus Properties Vedant Royale Apartments Dec,15 1 BHK,2 BHK 66 4,000 Oct,16 1 BHK,2 BHK,3 BHK 120 3,300 Oct,16 1 BHK,2 BHK,3 BHK 120 3,300 5,000 Wagholi Wagholi Hinjewadi Skyy Onn Skyy Onn - phase 1 Mystic Apartments Apartments Apartments Oct,16 2 BHK,3 BHK 300 Wagholi Mantra Properties Blessings Apartments Dec,15 2 BHK NA 3,599 Baner Kumar Properties Privie Sanctum Apartments Sep,16 3 BHK,4 BHK 36 12,000 Deccan Gymkhana Golden Sparrow 1 Golden Sparrow Apartments Jan,15 3 BHK 24 18,000 Wagholi Dreams Group Dreams Lynnea Apartments Nov,15 1 BHK,2 BHK 192 3,800 Undri Urban Homes Urban Nest Apartments Apr,16 1 BHK,2 BHK,3 BHK 228 4,200 Ravet Sonigara Homes Indraprabha Phase2 Apartments Nov,15 1 BHK,2 BHK 85 4,200 Wakad Sonigara Homes Sanskruti Lifespaces Sonigara Laurel Apartments Dec,15 1 BHK,2 BHK 80 5,000 May,16 3 BHK 44 9,500 Talegaon Saarrthi Group Swadesh Apartments Nov,15 350 2,600 Ravet Shyama Builders Sanskruti Infrastructure Prathamesh Developers Rainbow Vissta Apartments Oct,15 1 BHK,2 BHK 2 BHK 43 4,500 NA 3 BHK,4 BHK NA NA NA 1 BHK 90 3,100 Baner Deccan Gymkhana Nasrapur Terraza Sanskruti Prabhat Suman Kala Vishwa Apartments Apartments Apartments Multiple new luxury projects were launched in October 2013 • • • • ABIL launched Verde in Kalyani Nagar at basic sales price of Rs 15,000 per sq ft Kumar Properties launched Privie Sanctum in Baner at price of Rs 12,000 per sq ft Terraza launched Sanskruti Lifespaces in Baner at price of Rs 9,500 per sq ft Golden Sparrow launched its project in Deccan Gymkhana at price of Rs Rs 18,000 per sq ft Ankur Dhawan : ankur.dhawan@proptiger.com Kapil Pathak : kapil.pathak@proptiger.com 17