We are delighted to present to you the 3rd Edition of PropIndex!

We’ve received excellent response and feedback to the earlier editions. We’veattempted to make each edition of PropIndex better than the previous one. In line withthis, the current edition features a new section on demand analytics; for the first time,we feature information regarding “User Demand” – what users are seeking in terms oftype of property, budget range, location & BHK configuration. This information isculled out basis the actual search behaviour of lakhs of end users on our site. To putthis in perspective, Magicbricks.com gets over 35 Lac users each month, spread acrossgeographies, who “search” for houses on the site and post requirements. This processgenerates an enormous amount of data about what users are looking for. Basis thisdata, we have designed algorithms to churn this data and generate the output that younow see in this report. This is only a start; going ahead, we will further flesh out UserDemand at a more granular level and across other parameters and make thoseavailable in subsequent reports.

You will continue to find our regular indices here – the National/City Property Index(NPI/CPI), Price Monitor, Rent Monitor, Yield Monitor & Capital Values. In line withfeedback received, we’ve tried to make further improvements to our writing style andbreadth of coverage. We are thankful to the industry experts and leaders who, throughthe various platforms of Magicbricks.com, have shared their opinions and views withus – we’re happy to be sharing some of their views in the current issue of PropIndex.As always, we hope that this issue helps you see a different perspective of the marketand serves as a useful tool in making a more informed and intelligent real estateinvestment decision. We continue to seek feedback and look forward to hearing fromyou. Do write in!

Sudhir PaiBusiness Head, Magicbricks.com

sudhir.pai@timesgroup.com

FOREWORD

MagicBricksPropIndexMagicBricks PropIndex isa tool which empowersproperty seekers andinvestors with detailedinformation on themovement of residentialapartment prices andsupply of properties inIndia. No credible propertyindex can be a function ofdirect values as thechanges are governed bymultiple factors.

MagicBricks PropIndexhas taken this reality intoaccount and produced anindex based on listing ofapartments and theircapital and rental valueson the website.

Magicbricks.com has over 4 lakh active propertiesposted by more than1,00,000 active users in 300cities and 3,500 localities.Our users include owners,brokers and builders.

MethodologyApartment values andlistings form the basis ofthe MagicBricksPropIndex. These includemultistorey apartmentsand single units on plotteddevelopments, referred toas builder floors onMagicBricks.com.

The Index is structured insuch a way that individualproperties are aggregated

into respective localitieswhich in turn areweighted to theirrespective city, which inturn is weighted to theNational Index.Weightages for PropIndexare based on the supply ofproperties within thelocality/city. Based on thisstructure, PropIndex givesa realistic picture oftrends in price/supplyacross different propertymarkets in each city. Wehave used differentweightages for PriceMonitor/Rent Monitor.Therefore, read as a whole,PropIndex along withtables provided for PriceMonitor, Rent Monitor,Yield Monitor and CapitalValues. PropIndex gives anexcellent perspective ofthe property marketperformance in thequarter.

While listing and itsvalues/supply provide alevel of understandinginto the market, there aremeticulous data checks toprevent aberrationscreeping into the Index.These are based onstatistical calculations andlogical interpretations.

The National PropertyIndex (NPI) is indicative ofthe extent of activity aswell as price movementsacross cities and localitiesin the major cities activeon MagicBricks.com. The

index includes the top 11cities (these have beenchosen based on theiractivity levels) and has anindividual city report foreach of these cities. Whilethe NPI and its movementsare of interest to theexpert community ofbankers, builders andinvestors, the PropIndexhas also taken care toexplain the nuances ofindex movements at thelocality level that wouldhelp the huge base ofMagicBricks.comconsumers.

Insights into consumerdemand have beengathered through analysisof search information onthe site. This helpsunderstand the bestlocalities by demand, thetype and configuration ofunits as well as the budget-wise preferences.

The PropIndex is the resultof meticulous research atthe locality level andthrough detaileddiscussions with experts atMagicBricks.com’s offlineand online initiatives.

The Indian real estatemarket is dynamic and thePropIndex reflects thosechanges. Since it is derivedfrom a dynamic database,additions and deletions oflocalities happen as afunction of marketdynamics.

METHODOLOGY

There is a wealth of information within these pages. For better readability, we have presented somedata as tables and others as graphs. Between them, you will find how property markets haveperformed in the Oct-Dec 2011 quarter from many different perspectives – from a capitalappreciation perspective, from a rental/yield realization perspective and from a supply ofproperties perspective. Also understand what consumers want in the Demand Anaysis section.

We recommend that you evaluate the city report in its entirety and that will provide a roundedperspective of the performance of the property market within each city. Here are details of whatyou will find in each of the city reports enclosed within -

1. City Property Index – This is a composite index which is a function of supply of properties aswell as the average capital appreciation/drop in various localities of the city in the quarter. Thecity index is the weighted average of the average rate per square foot in that locality and thesupply of properties from that locality. Premium localities (with higher average rate per squarefoot) as well as localities with higher supply of properties will have a bigger impact on theIndex. For example, if the supply of properties from a premium locality drops, that locality willend up having a lower weightage in the index which in turn will push the Index downwards(and vice-versa). On the other hand, supply of properties remaining unchanged, the index willbe influenced by capital appreciation within the locality.

2. Price Monitor - This reflects the capital appreciation/drop within a locality. It is calculatedbasis a movement in the “average rate per square foot” within that locality. By and large, the movement in the “average rate per square foot” reflects capital appreciation/drops. However, in a few select cases, we have observed that the average rate per square footmoves due to a change in mix of apartments within that locality (e.g. if the ratio of premiumapartments, which command a higher per square foot rate, changes over the quarter). In thesefew circumstances, the Price Monitor will, in turn, reflect this input. Such changes have beenexplained in the text of the City reports.

3. Rent Monitor - This reflects the rental appreciation/drop within a locality. It is calculatedbasis a movement in the “average rent per square foot” within that locality. By and large, the movement in the “average rent per square foot” reflects rentalappreciation/drops. However, in a few selected cases, we have observed that the average rentper square foot moves due to a change in mix of apartments within that locality (e.g. if the ratioof premium apartments, which command a higher per square foot rent, changes over thequarter). In these few circumstances, the Rent Monitor will, in turn, reflect this input. Suchchanges have been explained in the text of the City reports.

4. Yield Meter – Yield is the annual rate of return earned on property. Yield meter depicts thegross yield percentages across various localities. Gross yield is a ratio of average annual rentalvalue to the average capital value of the property.

5. Capital Value Tables (given in Annexures) - This shows the actual range of prices withinwhich properties were available in each locality. Prices are shown in rupees per square footbasis; these are the prevailing rates for properties in each locality.

6. Demand Analysis - This analysis of consumer demand is based on searches and requirementsthat users have performed on Magicbricks.com. The top localities by demand gives an insightinto consumers peferences. The demand data has been used to arrive at various aspects ofconsumer requirements including Budget-wise Analysis, Property type Analysis and BHKConfiguration Analysis.

GLOSSARY & DEFINITIONS

OCT-DEC 2011

The National Property Index(NPI) went up by over 5% in thequarter Oct-Dec 2011, compared toJul-Sep 2011.

The NPI is a weighted average ofsupply and prices across cities. Ofthe 11 cities covered in the IndiaApartment Index, 8 have risen atthe city level. These includeDelhi, Hyderabad, Noida,Mumbai, Pune, Chennai, Gurgaonand Ghaziabad. In NCR area,Noida and Gurgaon tops the chartby registering 19% and 11%increase, respectively. Followed byMumbai (9%), Hyderabad (6%),Delhi, Chennai, Pune andGhaziabad (2-3%). Kolkata,Bangalore and Ahmedabadshowed stable index values.

The NPI is a weighted average ofcity indices. Mumbai, Gurgaon,Pune and Bangalore were themajor contributors to the NPI.The MagicBricks Propindex isbased on dynamic data minedfrom the portal to show the levelsof supply and the type of

property listed in each locality.These are cleaned with complexalgorithms to remove outliers andarrive at the index values forlocality, city and national levels.

The index is impacted by thenumber and the average price ofproperties in each locality and thelocality’s weightage in the city.This is based on its contributionto the city’s property databank.

Since the listings on the websiteare by end users and marketplayers, the index is based on amix of newly developing andestablished localities as well asnew and old construction.

The composite index value of acity draws from the changingindex values of differentlocalities. Localities that weremore active than others cancontribute significantly to theindex values of that city.

This index is reflective of trendsacross multistorey and singlefloor apartments and residentialhouses.

n National Property Index(NPI) rose over 5%

n Ready-to-move-in propertiesregistered maximum userinterest

n Properties in proximity towork place continued todrive demand

n Maximum demandregistered in the budgetrange of Rs 30-60 lakh

IN THIS REPORT:

National Property Index...............1Delhi.........................................4Gurgaon....................................7Noida & Ghaziabad................... 10Mumbai....................................14Pune........................................17Ahmedabad..............................20Kolkata...........,........................ 23Chennai....................................26Hyderabad................................29Bangalore.................................32Annexures.................................35

NATIONAL PROPERTY INDEX (NPI)

VOL 1, ISSUE 3; OCT-DEC, FY 2011-12

OCT-DEC 2011

Source: Magicbricks.com

NATIONAL PROPERTY INDEX

Sales volumes dipped across citiesin the Oct-Dec 2011 quarter. Post-Diwali sales remained sluggish onthe back of a weak globaleconomy and high domestic homeloan interest rates.

Developers started launchingsmaller phases as weaker bankloan regime for the real estateindustry put working capitalpressure on the industry.

In majority of the cities, investorshave been selling units to endusers as soon as the project hitsthe next phase. Maximum demandfor projects has shifted toproperty in the ready-to- move-inor close to possession stages,across cities.

However, demand remained high.Consumers have been activelylooking for the right property.When it comes to making a buydecision, however, many areadopting a wait-and-watch policy.Cities and localities that haveproperty in the ready-to-move-inphase have registered growth.

These have pushed up indexvalues in these cities. In someinstances, where lower pricedproperty has been launchedfurther away from the city alongtransport corridors, index valueshave fallen, though the marketdemand remains robust.

Inner city areas underredevelopment have been indemand across most cities andhave impacted the city.Redevelopment has been a featureof most cities in areas withplotted developments.

Where one locality hassuccumbed to local pressures,such as the land issue in Noida,neighbouring areas with similarprofile have benefitted. This is a

clear indication of robust demandwhich will seek new options.

The Ahmedabad Index valuedropped 0.12%. This is primarilyattributed to availability of lowbase price property developmentsalong the SG Highway. Increase inaverage price of properties inover 75% of the localities arrestedthe free fall of index.

The Bangalore Index rose

VOL 1, ISSUE 3; OCT-DEC, FY 2011-122

Source: Magicbricks.com

Source: Magicbricks.com

marginally by 0.43%. In theBangalore real estate market,property developments in andaround the IT corridor continuedto witness user interest. South andEast Bangalore registered themaximum end-user interest.However, influx of properties atlow base price in Electronic Cityarrested the rise in the City Index.In North Bangalore, inadequatephysical infrastructure in certainareas impacted the indexnegatively.

The Chennai Index posted 3%increase. The residential marketacross southern suburbs ofChennai remained up. This isprimarily attributed to twoeconomic drivers in the region-information technology andmanufacturing. Central Chennaicontinued to be the most preferredresidential space, owing toavailability of all physical andsocial infrastructure facilities.

The Delhi Index rose by 3%. Thecity registered increase in averagecapital values in majority of areasacross the city. Localities such asDwarka, Safdarjung Enclave,Paschim Vihar, Hauz Khas andPanchsheel Enclave were themajor contributors to increase inIndex value.

The Ghaziabad Index rose by 2%.Drop in average property prices inareas such as Vaishali andBhopura, due to influx ofproperties at low base price andprofit booking by early investors,impacted the index valueadversely. However, small increaseregistered in average capitalvalues in localities with weightageover 75% managed to hold theindex up.

The Gurgaon Index rose by 11%.Increase in asking values in areassuch as Sohna Road, DLF Phase Vand Golf Course Road impactedthe index significantly.Availability of premiumproperties from reputeddevelopers with lifestyle featuresat ready-to-move-in stage drove theaverage property values up.

The Hyderabad Index value roseby 6%. Residential developmentaround IT hubs such as Kondapur,Gachibowli, Madhapur andMiyapur continued to impact theindex value positively. This isprimarily attributed to persistentuser interest in these areas, owingto good connectivity to the workplace. Planned infrastructuredevelopments such as completionof Outer Ring Road (ORR) areexpected to further boost growthin the city.

The Kolkata Index valueremained stable. Over 60% oflocalities in the city impacted theindex adversely. However, increasein average capital values alongwith the increase in weightageover previous quarter indeveloping areas such as EMBypass and Garia kept the indexunchanged.

The Noida Index value rose by19%. This is primarily attributedto increase in average capitalvalues of property across the city.Secondly, over 70% of localitiesimpacted the index positively. Theongoing land acquisition issuealong Noida Extension has largelybenefited residential developmentin the rest of the city. This resultedin significant increase in indexvalue.

The Pune Index value rose by 3%.Real estate development along theEastern and Western Pune stretchcontinued to push maximum realestate activity. Significant increasein average capital values andnumber of listings in areas suchas Kharadi, Viman Nagar andWagholi, impacted the indexpositively and kept the index valueup.

The Mumbai Index value rose by9%. Traditional localities such asChembur, Kandivali, Malad,Andheri East, Parel and Worliwere the major contributors to theincrease in index value. Theseareas registered increase inaverage capital values as well asincrease in number of listings inthe quarter Oct-Dec 2011.

TOP YIELD GROSSERS

Rental yield is a factor of the changes inrental values locality-wise vis-a-vis thechanges in capital values. Given beloware the top yield-grossing localities ineach city

Locality Gross yield

Kolkata, EM Bypass 5.87%

Bangalore, Electronic City 5.82%

Chennai, OMR 4.68%

Hyderabad, Kondapur 4.58%

Mumbai, Bandra East 4.27%

Pune, Viman Nagar 3.60%

Ahmedabad, Vejalpur 3.41%

Ghaziabad, Indirapuram 3.35%

Noida, Sector-50 3.29%

Gurgaon, Sushant Lok-I 2.89%

Delhi, Vasundhara Enclave 2.56%

CAPITAL GAINS

The table given below indicates maximum increase in capital values ineach city

Locality % Change

Noida, Sector-45 19%

Bangalore, Koramangala 18%

Delhi, Saket 16%

Chennai, Perungudi 15%

Mumbai, Bandra West 15%

Kolkata, EM Bypass 15%

Gurgaon, Sector-67 13%

Hyderabad, Uppal 13%

Ahmedabad, Bodakdev 11%

Pune, Wadgaon Sheri 6%

Ghaziabad, Vasundhara 5%

VOL 1, ISSUE 3; OCT-DEC, FY 2011-123

Source: M

agicbricks.com

CITY PROPERTY INDEX

The Gurgaon City Index rose by11%, outperforming the NPI byover 5% in the quarter Oct-Dec2011. This is higher than the paceof growth registered in the lastquarter.

The Price Monitor rose 7%during the Oct-Dec 2011 quartercompared to 6% increasewitnessed in the Jul-Sep 2011quarter. Increase in demand forproperties along Sohna Road, GolfCourse Road and DLF Phase IVand V were the major drivers forthe surge in the Price Monitor.

Yields on property investmentsremained in the range of 2.38-3.29%. Sushant Lok-I posted thehighest yield of 3.29% and Sector47 exhibited the lowest yield of2.28% during the Oct-Dec 2011 quarter.

PRICE MONITORMaximum increase in capitalvalues of 7-18% was registered inareas such as Sohna Road, GolfCourse Road, DLF IV and V.According to market sources,projects either at ready-to-move-instage or expected to give handoverin 2012 registered maximum surgein prices.

According to Naveen Yadav ofRitesh & Associates, “There aremany factors leading to priceincrease. Availability of premiumapartments such as Belaire of

DLF Ltd with all lifestyle featureshave contributed to higher valuesalong the Golf Course Road.”Rohit Pandey of NR Holdingsattributes price rise on the GolfCourse Road and Sohna Road toinfrastructure developments suchas road widening, improvedquality of the Gurgaon-FaridabadRoad and the proposed six-lanehighway from Rajiv Chowk toSohna Road.

Connectivity to key nodes such asNH-8 and MG Road continued toboost value of properties in DLFIV and V as well. The HUDA planto construct three slip roadsaround the HUDA City Centrecrossing, which is also expected toease traffic congestion, impactproperty prices positively in areas

PROPINDEX - GURGAON QUICKSTATS

n Yield Meter: Yield ranges between2.38% to 3.29%

n Capital Values rose in 83% localities

n Rental Value rose in 58% localities

n PropIndex rose from 108 to 119

n Price Monitor rose from 110 to 117

+7%

Price Monitor indicates 7% increase in the average sale price

P R I C E M O N I T O R

VOL 1, ISSUE 3; OCT-DEC, FY 2011-127 GURGAON

such as Sushant Lok, South City 1and Sector 52 by an average 5-7%.

New developing areas in Gurgaonsuch as Sector 81-84, exhibited upto 4% increase in averageproperty prices, depending uponthe builder’s track record, thestage of construction of thedevelopment and proximity toNH-8, said Sumit Kumar ofSatyam Estates.

On the other hand, localities suchas Ardee City, Manesar andDwarka Expressway registeredmarginal drop in values, by 1-5%.Ardee City registered a drop of5% in asking price, mainly on the

back of poor internal roadinfrastructure and failure ofArdee City Mall to take off, whichhit investor sentiments, leading toa drop in property values.

According to Ashish Suyal ofExcel Real Estate, property valuesin Manesar witnessed nominaldrop in prices on account ofpetition filed by 117 land-ownersfrom Manesar and its adjoiningvillages.

This has impacted the consumersentiments, which in turnimpacted property prices in thelocality. However, there is activeend-user interest.

RENT MONITOR

Rental market in Gurgaonperformed well during the Oct-Dec 2011 quarter. Returns onproperties along the transportspines such as Sohna Road andGolf Course Road continued tocommand higher asking price inthe region.

Average rental values moved upby 4-10% in areas such as GolfCourse Road, DLF City Phase V,Golf Course Extension Road andsectors along this stretch.According to Sachin Sharma ofShri Ganpati Properties,improved connectivity,availability of properties with allmodern facilities and amenities innew developments led to spike inrental values.

MG Road, South City 1 and Sector-31 registered a drop of 5-6%inrental values, largely because oftraffic congestion. New traffic

RENT MONITOR

Rent Price Percentage Change

OCT-DEC 2011n Gurgaon City Index went up by

11%

n Projects near completion stageregistered maximum userinterest

n Proposed road infrastructuredevelopment projects boostedvalues in benefitted areas

n Rental returns shot up inproperties along the transportspines

Y I E L D M E T E Rn Golf Course Road emerged as the top

yield grosser with rising capital valuesand equally strong demand for rentalproperty.

n Sector 47 continued at the bottom of thepile with very high asking values,increasing capital values and steadilyrising rental values. This keeps the yiledbelow the rest of the Gurgaon market.

VOL 1, ISSUE 3; OCT-DEC, FY 2011-128GURGAON

management plans are expected toimprove this situation further.

Traffic congestion, availability ofnew properties at reasonableprices along the Golf Course Roadand DLF Phase V led to drop inaverage rental values along MGRoad, according to Mukesh Kumarof Foundations Properties.

Inspite of availability of all basicfacilities and amenities in placessuch as South City I, averagerental values registered a drop,primarily on account of trafficcongestion and high asking price,said Naveen Gaur of SpaceManagement.

In other localities such as NirvanaCountry and Sector 55, rentalvalues have remained stableduring the period.

DEMAND ANALYSISMajority of consumers in theGurgaon market showedpreference for localities whereproperties are either at the ready-to-move-in stage or expected to becompleted in the next six monthsto one year. In the list of top tenmost preferred areas in Gurgaon,the locality profile also indicatesthat users are willing to payhigher price for better social andphysical infrastructure.

Budget Wise AnalysisThe Gurgaon market is

witnessing demand in bothpremium and affordable categoryof properties, primarily onaccount of multiple economicdrivers in the region.

Interestingly, over 50% ofconsumer searches in the cityhave been for property costingover Rs 1 crore. This is followed by25% demand for property in thebudget range of Rs 60 lakh to Rs 1crore. About 17% of users soughtproperty in the budget range of Rs30-60 lakh while a meagre 4%searched for property in the lessthan Rs 30 lakh category. Thisdoes not reflect a lack of demandat the lower end of the spectrumbut that buyers are aware thatthese property types are notserviced in the Gurgaon market.

Property Type Analysis

Availability of all basic andmodern facilities within thecomplex made multistoreyapartments the most preferredcategory among users. Close to50% users sought to buymultistorey apartments in thequarter.

Another 25% of users are willingto buy residential plots, mainly asa long-term investment option.Residential houses/villas becamea premium high-pricedcommodity in the Gurgaonmarket with 14% demand.

Single floor units come at the endof user preference list with 12%demand, primarily on account ofunavailability of basic facilitiessuch as water, power backup and

relatively high property value vis-à-vis multistorey apartments.

BHK Configuration AnalysisOver 40% of the demand in thecity was for 3BHK units. With thewell-earning professionals drivingupper middle-class end-userdemand, most of the investmentsare for self-use in this category.There was a healthy 19% demandfor 4BHK units as well, driven bythe same profile of buyers.

Professionals also drove demandfor 2 BHK apartments, with 24%user interest.

Being one of the most activeproperty markets in the country,there was demand across unitsizes. Demand for 1 and 5 BHKunits too remained at animpressive 7-8%.

Property type analysis

Single Floor Unit

Multistorey Apartment

Residential House

Residential Plot

14%

49%12%

25%

Budget wise Analysis 50

40

30

20

10

05-30 30-60 60-100 1.0-2.0 2.0lakh lakh lakh crore crore

& above

4%

17%25%

29%25%

BHK configuration 5 BHK

4 BHK

3 BHK

2 BHK

1 BHK

0 10 20 30 40 50

7%

19%

41%

24%

8%

Top ten searchedlocalitiesl Sohna Road

l Sector-56

l Golf Course Road

l Palam Vihar

l Golf Course Extn Road

l Sushant Lok

l DLF City Phase I-V

l Nirvana County

l South City I & II

l South City

VOL 1, ISSUE 3; OCT-DEC, FY 2011-129 GURGAON

aNNexuRes

CAPITAL VALUES – LOCALITY WISE

Average Residential Apartment Prices

Ardee City 4850 to 5850

Dharuhera 1900 to 2050

Dlf City Phase I 7550 to 8300

Dlf City Phase II 9950 to 10950

Dlf City Phase III 9800 to 10500

Dlf City Phase IV 9400 to 10400

Dlf City Phase V 9900 to 11400

Dwarka Expressway 3050 to 3500

Dwarka-Manesar Expressway 3350 to 3900

Golf course Extension Road 5650 to 6650

Golf Course Road 9850 to 11500

Gurgaon - Faridabad Road 5650 to 6300

IMT Manesar 2950 to 3400

Manesar 2950 to 3450

MG Road 10150 to 11250

NH-8 3550 to 3950

Nirvana Country 6200 to 6700

Orchid Petal 6600 to 7000

Palam Vihar 5900 to 6650

Rosewood Block- D 6950 to 7450

Sector-103 3050 to 3400

Sector-109 3900 to 4500

Sector-15-II 6100 to 7200

Sector-30 9700 to 10650

Sector-31 9500 to 10600

Sector-33 5850 to 6300

Sector-37C 3200 to 3450

Sector-37D 3500 to 3850

Sector-39 5750 to 6350

Sector-43 6200 to 7200

Sector-45 5500 to 5950

Sector-47 5800 to 6800

Sector-48 6100 to 6800

Sector-49 6450 to 7050

Sector-51 5300 to 6300

Sector-52 5200 to 6150

Sector-54 6500 to 8300

Sector-55 5400 to 6100

Sector-56 5300 to 6100

Sector-57 5650 to 6200

Sector-60 7100 to 7850

Sector-65 6000 to 7000

Sector-66 5200 to 6050

Sector-67 5800 to 6900

Sector-69 4100 to 4450

Sector-70 4550 to 5100

Sector-70A 5800 to 6300

Sector-71 4250 to 4650

Sector-73 3850 to 4200

Sector-76 3300 to 3650

Sector-77 3800 to 4050

Sector-78 5850 to 6500

Sector-80 4200 to 4500

Sector-81 3750 to 4200

Sector-82 3300 to 3600

Sector-83 3600 to 4050

Sector-84 3400 to 3700

Sector-85 3200 to 3600

Sector-86 3000 to 3200

Sector-91 2800 to 3150

Sector-92 2500 to 2850

Sector-93 2550 to 2850

Sector-95 2450 to 2600

Sohna Road 5900 to 6950

South City I 8900 to 10000

South City II 6250 to 7350

Sushant Lok 7150 to 7700

Sushant Lok-I 6900 to 8050

UNITECH 5550 to 6450

Vatika City 6700 to 7250

Locality Capital Values (Rs/Sq feet)

Locality Capital Values (Rs/Sq feet)

GURGAON

VOL 1, ISSUE 3; OCT-DEC, FY 2011-1237 GURGAON

D I S C L A I M E REvery effort has been made to make this Index as complete and as accurate as possible. MagicBricksaccepts no responsibility for inaccuracies in the information/data contained in this book. It shall haveneither liability nor responsibility to any person or entity with respect to any loss or damage caused, oralleged to have been caused, directly or indirectly, by the information contained in this book. Theinformation/data in this book is subject to change from time to time due to market condition.

CONTACT US

l Post your feedback to -

propindex @timesgroup.com

l Join our discussion forum at -

openhouse.magicbricks.com

l For business enquiries -

sales@magicbricks.com

PROPINDEX TEAM

l Content & Research: e Jayashree

Kurup, Dipti Tandon, Rishab Jain,

Puneet Kukreja, atul Gupta

l Layout Design: Harsha Khattar

l Cover Page Design: Raghav Krishnan &

Rahul Nair

l Operations Management: Girish Bindal

VOL 1, ISSUE 3; OCT-DEC, FY 2011-12VOL 1, ISSUE 3; OCT-DEC, FY 2011-12