proptiger monthly realty watch of oct 2013
TRANSCRIPT
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
1
Table of Content
Bangalore ……………………………………………………… 2
Chennai ………………………………………………………... 4
Gurgaon ……………………………………………………….. 6
Hyderabad …………………………………………………….. 8
Kolkata ………………………………………………………… 10
Mumbai ….…………………………………………………….. 12
Noida …………………………………………………………… 14
Pune ……………………………………………………………. 16
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
2
Bangalore
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 (Presti ge Sunrise Park) and Prestige Lakeside Habitat are launched at significant premium to loca lity average and have seen good response from buyers.
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
3
Bangalore
New Launches – Oct, 2013
Bangalore also saw good number of new launches. Som e 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
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK) Total UnitsPrice
(Rs/sq ft)
Sarjapur Road Post Railway Crossing JR Housing Greenwich - Phase 2 Villa Apr,15 3 BHK 37 7,867
YelahankaNakshatra Upscale Nakshatra Celestia Apartments Sep,15 2 BHK,3 BHK 69 3,333
Banaswadi Living Walls Another Sky Apartments Oct,16 3 BHK,4 BHK 117 5,250
Chikballapur RK Enterprises California County -
Phase 2 Plots Oct,14 Plot 600 450
KR Puram Bhoo Developers Bhoo Samartha Plots Nov,13 Plot 78 3,400
SarjapurICON Infra Shelters Sanctuary Villa Oct,15 3 BHK 200 3,600
WhitefieldRaffles Residency
Pvt Ltd Raffles Park Villa Dec,15 5 BHK 61 7,900
Bellandur Sterling Ascentia Apartments 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 Purva Westend Apartments Jan,17 2 BHK,3 BHK 740 4,750
Chandapura Mitta GroupLakeview Golden Nest
- Phase 2 Villa Jan,15 3 BHK 94 3,600
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 Infinia Apartments Dec,16 3 BHK,4 BHK 273 7,900
Varthur PrestigeLakeside Habitat
Villas Villa Oct,16 3 BHK,4 BHK 270 7,650
JiganiKNS
Infrastructures Anagha Plots Mar,15 Plot 162 1,200
Jakkur Legacy Group Eldora Apartments Dec,16 3 BHK 56 5,200
Indira Nagar Urban Estates Urban Mist Plots NA 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
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
4
Chennai
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%
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
5
Chennai
New Launches – Oct, 2013
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.
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK)
Total UnitsPrice
(Rs/sq ft)
Tiruvallur P dot G Dreamz Apartments Dec,14 2 BHK 144 2,099
Potheri P dot G Matrix Apartments Jan,15 2 BHK,3 BHK 144 2,099
Tambaram Atikramya Auram Apartments NA 2 BHK NA NA
Nanganallur Lancor Holdings Corner Stone Apartments Apr,15 2 BHK,3 BHK 24 7,650
Thiruporur Success Enterprise Lake Town Avenue Plots Apr,14 Plot 132 350
Anna Nagar Kgeyes Residency Galileo Apartments Oct,15 3 BHK 20 15,000
Mogappair Arihant Housing Tiara Apartments Dec,15 2 BHK,3 BHK 96 7,500
Madipakkam MGP Elite Villas Villa Sep,14 3 BHK 12 4,700
Padappai Deva Constructions Opal Garden Apartments NA 2 BHK,3 BHK NA NA
Oragadam Alliance Group Villa Belvedere Plot villas NA Plot 700 1,499
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
6
Gurgaon
Price Trends
BSP(Rs/sq ft) Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Price
Change (%)
Golf Course Extn Rd
10,654 10,760 10,764 10,910 10,919 11,170 5%
Sohna Rd 7,994 7,949 7,997 7,893 7,787 7,989 0% Dwarka
Expressway 6,501 6,630 6,757 6,849 6,886 6,882
6% New Gurgaon 5,655 5,746 5,750 5,794 5,832 5,852 3%
Golf Course extension road and Dwarka expressway pr ices are still growing and have seen appreciation of 5 – 6% in past 6 months wherea s Sohna road has not had any new launch and prices have been stable.
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
7
Gurgaon
New Launches – Oct, 2013
Launches in Gurgaon have nearly dried with only 5 p rojects cumulatively offering only 920 units were launched in festival season. Bhiwadi and Neemrana continues to see large new launches.
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK) Total UnitsPrice
(Rs/sq ft)
Sector 109 ATS Greens Tourmaline Apartments Feb,17 3 BHK,4 BHK 200 8,000
Sector 71 Krrish Green Montagne Apartments Apr,17 3 BHK,4 BHK,5 BHK 190 9,150
Sector 67 Ansal APIThe Hamptons -
Phase 1 ApartmentsApr,16 3 BHK,4 BHK 300 9,792
Sector 70A M3M Escala ApartmentsOct,16 2 BHK,3 BHK 152 6,250
Bhiwadi Avalon Group Royal Heights ApartmentsApr,16
2 BHK,3 BHK,4 BHK 780 3,200
Bhiwadi Amrante Amrante Heights Apartments Oct,16 1 BHK,2 BHK 720 1,642
Sector 85 VSR Infratech 85 Avenue Apartments Mar,17 1 BHK,2 BHK 78 6,950
BhiwadiFair Wealth
Builder Breeze Homes ApartmentsFeb,17 1 BHK,2 BHK,3 BHK 650 2,800
NeemranaStanford
Developers Sunrise ApartmentsNA 1 BHK,2 BHK NA 2,783
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
8
Hyderabad
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%
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
9
Hyderabad
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 tren d has continued through the festive season.
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
10
Kolkata
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 4,433 3,950 3,754 3,774 3,774 3,774 -15%
Rajarhat New Town
3,613 3,628 3,663 3,679 3,685 3,720 3%
Behala 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%
Prices have corrected heavily in Beliaghata and How rah locality in past six months whereas Behala and Baguihati has seen price increas e.
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
11
Kolkata
New Launches – Oct, 2013
Only 2 new projects were launched with 128 units.
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK)
Total UnitsPrice
(Rs/sq ft)
Garia Somani Realtors Pacific Paradise Apartments Dec,15 2 BHK,3 BHK 76 2350
Madhyamgram Pearl Realty Shivoham Gardenia Apartments May,15 2 BHK,3 BHK 52 2511
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
12
Mumbai
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 in creasing by Rs 500 – 1000/- per sq ft whereas prices in Ulwe and Panvel have been stab le.
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
13
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK) Total UnitsPrice
(Rs/sq ft)
Panvel Lakhanis La Riveria Apartments Oct,16 1 BHK,2 BHK 250 6,500
Ambernath West Parshwanath Realty Landscape Heights ApartmentsApr,15 1 BHK,2 BHK 140 2,999
Malad West Sheth Creators Auris Serenity Apartments Dec,17 2 BHK,3 BHK,4 BHK 300 13,500
Malad West Sheth CreatorsAuris Serenity -
Phase 1 ApartmentsDec,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
Wadala Lodha Codename Metropolis ApartmentsJune,16 1 BHK,2 BHK,3 BHK 220 15,714
Andheri WestBlue Castle Developers Fiona Apartments
Oct,15 2 BHK 13 16,000
Palghar VBHCVaibhav Palghar -
Phase 2 ApartmentsOct,15 1 BHK,2 BHK 302 2,325
Mulund West Sanaya Realties Astrio Apartments Mar,16 2 BHK,3 BHK,4 BHK 42 13,667
Goregaon East Shree Shakun Heights ApartmentsOct,15
1 BHK,2 BHK,3 BHK,4 BHK 48 11,500
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
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
Chembur Bholenath Developer Aura Apartments ApartmentsNA 2 BHK NA NA
Karanjade Anchit Group Jai Shivam Apartments Apr,15 1 BHK,2 BHK 60 5,250
Ulwe Anchit Group Padmavati Villa Apartments Apr,15 1 BHK 17 4,500
Taloja GHP Group Azure Apartments Sep,16 2 BHK 40 4,600
Taloja Shree Sawan Avenue1 Apartments Oct,15 1 BHK,2 BHK 56 3,950
Ulwe Galaxy Group16 Krishna Tower Apartments Oct,15 1 BHK,2 BHK 55 5,600
Borivali West Aditya Developers 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 Krupa Apartments NA 1 BHK,2 BHK,3 BHK NA NA
Kalyan West Bajaj RealtyPrakriti Angan - phase
2 Apartments Jul,15 1 BHK,2 BHK 210 4,100
Andheri West Bajaj Realty Enchante Apartments Apr,16 1 BHK,2 BHK 28 26,054
Palghar VBHCPalghar Greens
Phase 2 Apartments Oct,15 1 BHK,2 BHK 302 2,369
Kandivali East Raheja Universal Reflections Odyssey Apartments Jun,17 4 BHK 62 13,000
Mumbai
New Launches – Oct, 2013
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
14
Noida
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 3,400 3,397 3,383 3,395 3,430 3,462 2% Yamuna
Expressway 3,270 3,217 3,158 3,106 3,078 3,130 -4%
Prices are seeing downward pressure in all localiti es 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
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
15
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK) Total UnitsPrice
(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 Jaura Infratech Prime Boulevard Apartments Jun-2016 1 BHK,2 BHK,3 BHK 400 3,500Sec- 22D Yamuna
Expressway 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
Noida
New Launches – Oct, 2013
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
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
16
Pune
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 mo st 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
Monthly Realty Watch
1 Nov 2013
Ankur Dhawan : [email protected]
Kapil Pathak : [email protected]
DATA LABS
17
Locality Builder Name Project Name TypeExpected
Completion Date
Option Type(BHK) Total UnitsPrice
(Rs/sq ft)
Bavdhan Galaxy Group New Launch Apartments Dec,15 1 BHK,2 BHK 108 5,150
Moshi Yash Enterprises Tulip Heritage Apartments Aug,15 1 BHK,2 BHK 120 3,636
KondhwaCeratec
Constructions CityVilla
Apartments Mar,15 1 BHK,2 BHK,3 BHK 200 4,286
Varasgaon Eden Groups Waterville - Phase 2 Plots Apr,15 Plot 300 325
Wagholi Ravi Landmarks Sky Water Apartments Dec,15 1 BHK,2 BHK 84 3,450
Kalyani Nagar ABIL Verde Apartments Oct,16 3 BHK,4 BHK 142 15,000
Hadapsar Vedant Corp Vedant Royale Apartments Dec,15 1 BHK,2 BHK 66 4,000
WagholiBlue Skky Builders Skyy Onn Apartments
Oct,16 1 BHK,2 BHK,3 BHK 120 3,300
WagholiBlue Skky Builders Skyy Onn - phase 1 Apartments
Oct,16 1 BHK,2 BHK,3 BHK 120 3,300
HinjewadiPegasus
Properties Mystic ApartmentsOct,16 2 BHK,3 BHK 300 5,000
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 Sonigara Laurel Apartments Dec,15 1 BHK,2 BHK 80 5,000
BanerSanskruti
Lifespaces Terraza ApartmentsMay,16 3 BHK 44 9,500
Talegaon Saarrthi Group Swadesh Apartments Nov,15 1 BHK,2 BHK 350 2,600
Ravet Shyama Builders Rainbow Vissta Apartments Oct,15 2 BHK 43 4,500
Deccan GymkhanaSanskruti
Infrastructure Sanskruti Prabhat ApartmentsNA 3 BHK,4 BHK NA NA
NasrapurPrathamesh Developers Suman Kala Vishwa Apartments
NA 1 BHK 90 3,100
Pune
New Launches – Oct, 2013
Multiple new luxury projects were launched in Octob er 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