bengaluru real estate presentation
TRANSCRIPT
![Page 1: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/1.jpg)
BENGALURU July – December 2015
![Page 2: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/2.jpg)
2015 witnesses
lowest launches in 5 years;
Sales holding steady
RESIDENTIAL
![Page 3: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/3.jpg)
2015 witnesses 27% decline
in launches
63,2
61
67,7
73
78,3
00
68,1
34
49,6
84
41,9
44
50,6
92
57,3
66
55,7
01
51,9
18
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
2011 2012 2013 2014 2015
No
. o
f u
nit
s
Launches Absorption
ANNUAL LAUNCHES & ABSORPTION
![Page 4: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/4.jpg)
Y-o-y, While launches
continue to fall
during H2 2015;
sales witnesses
steady recovery
![Page 5: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/5.jpg)
New launches fall Y-O-Y by 13%;
sales witnesses a 4% recovery in h2 2015
37,2
36
36,1
45
32,5
89
28
,284
27,7
57
25,5
22
28
,445
29,6
84
0
5000
10000
15000
20000
25000
30000
35000
40000
H2 2012 H2 2013 H2 2014 H2 2015
No
of
un
its
Launches Sales
![Page 6: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/6.jpg)
While launches decline in
other zones in h2 2015,
south bucks the trend
![Page 7: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/7.jpg)
South sees 30% growth in launches
55
8,9
73
11,0
08
8,2
60
4,2
93
30
7,4
03
7,0
50
10,7
25
3,0
75
-
2,000
4,000
6,000
8,000
10,000
12,000
Central East North South West
No
of
un
its
H2 2014 H2 2015
![Page 8: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/8.jpg)
hope of better connectivity
elevates southern peripheral
locations as promising
budget destinations
![Page 9: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/9.jpg)
South sees 88% of city’s new
launches in the INR 25 lakh category
in H2 2015
MICRO-MARKET TICKET-WISE SPLIT OF LAUNCHED UNITS DURING H2 2015
0%
20%
40%
60%
80%
100%
<2.5 mn 2.5-5 mn 5-7.5 mn 7.5-10 mn 10-20 mn >20 mn
Central East North South West
![Page 10: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/10.jpg)
west - the fastest
emerging market
![Page 11: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/11.jpg)
while east expands, west to
watch out for
48
6,6
81
7,4
39
12
,00
3
2,2
75
29
7,6
98
7,4
01
11
,61
8
2,9
38
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Central East North South West
No
. o
f u
nit
s
Sales Trend
H2 2014 H2 2015
![Page 12: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/12.jpg)
West, the best performing
market in the city with
lowest QTS
![Page 13: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/13.jpg)
Metro connectivity & lifestyle
projects make West the preferred
market
5
6
7
8
9
10
11
5 6 7 8 9 10 11
Age o
f unso
ld invento
ry in q
uart
ers
QTS
WEST CENTRAL
EAST
NORTH
SOUTH
Size of bubble reflects size of unsold inventory
![Page 14: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/14.jpg)
start-ups give fillip to
Bengaluru’s stellar
performance
OFFICE
![Page 15: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/15.jpg)
2015 witnesses 11.1 mn sq ft of
absorption, the highest since 2011
ANNUAL LAUNCHES & ABSORPTION 4
.3 7
.4
7.2
7.5
8.5
11.5
9.4
9.5
10.4
11.1
0
1
2
3
4
5
6
7
8
9
10
11
12
13
2011 2012 2013 2014 2015
mn
sq
ft
New Completion Absorption
![Page 16: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/16.jpg)
absorption increases by 14% y-o-y,
new completion remains steady
4.50
4.40
4.50
5.00
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
New Completion Absorption
mn
sq
ft
H2 2014 H2 2015
![Page 17: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/17.jpg)
while e-commerce holds
potential,
It sector tips the scale
in h2 2015
![Page 18: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/18.jpg)
70% of absorption in h2 2015 led by
It/ites sector
53%
13%
4%
29%
70%
4%
10%
16%
0%
10%
20%
30%
40%
50%
60%
70%
80%
IT/ITeS BFSI Manufacturing Other Service Sectors
H2 2014 H2 2015
![Page 19: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/19.jpg)
KEY Takeaways
RESIDENTIAL
Cautious launches, steady sales in h2 2015 on a
y-o-y basis
West emerges as the best performing market
OFFICE
Strong absorption in 2015 – it/ites & Start-ups
lead the way
Focus shifts to peripheral office markets in h2
2015
![Page 20: Bengaluru Real Estate Presentation](https://reader031.vdocuments.net/reader031/viewer/2022021922/588018b01a28abbc128b54e1/html5/thumbnails/20.jpg)
BENGALURU July – December 2015