monthly realty watch - d27p8o2qkwv41j.cloudfront.net · page 01 monthly realty watch june 2016 ˜...
TRANSCRIPT
MONTHLY REALTY WATCHWEST INDIA - JUNE 2016
Confidential for Private Circulation Only
.
Key Insights
Page 01 MONTHLY REALTY WATCH JUNE 2016 - WEST
The combined launches in the western cities declined by 7% over the previous month on account of a 28% decline in launches
witnessed in Mumbai as compared to the previous month
Pune and Ahmedabad both witnessed an increase in launches by 11% and 65% respectively over the previous month
While prices across Mumbai and Ahmedabad largely remained stable over previous year, Pune saw marginal increase across all
localities in the range of 2% to 16% annually
News & Deals:Piramal Fund Management (PFM) will be investing Rs.425 Crore in Lodha’s central Mumbai premium housing project
KKR's (NBFC), in its first exposure to the residential real estate in Pune City, is set to invest Rs.300 Crore in two under-construction
residential projects of Puranik Builders, Abitante and Aldea Espanola in Pune
In a strategic move to promote self-contained urban townships, the Maharashtra Government decided to revise its township
development norms to incentivize creation of urban residential clusters on the lines of the smart city project
Page 02
West India : Key new launches May’16
MONTHLY REALTY WATCH JUNE 2016 - WEST
Mumbai
Project Name Developer Micro Market Type Launch UnitsQuoted Price
(Rs./sq.ft.)
Neel Empire Phase - 1 NK Enterprises Karjat Apartment 2,300 4,000
Kamdhenu Avenue One
Kamdhenu Avenue One Mahaavir Universal Kharghar Apartment 264 7,100
Skylark Enclave Hiranandani Developers Thane West Apartment 246 11,000
Vermont Vihang Thane West Apartment 230 6,920
Empire Tower Lakhani Thane East Apartment 200 11,600
Pune
Infinity Phase - 2 Godrej Mundhwa Apartment 376 5,780
Kamdhenu Avenue One
Nandanvan Venkatesh Construction Saswad Apartment 280 2,951
Platinum Park Platinum Realty Pune Hinjewadi Apartment 250 3,999
Itrend Homes Saheel Properties Hinjewadi Apartment 178 4,350
1st Avenue Kolte Patil Hinjewadi Apartment 176 4,900
Azalea ACME Landmark Katraj Apartment 144 3,800
Ahmedabad
Sharan Circle Homes Rushabhdev Infrastructure Zundal Apartment 342 2,888
Park View Shivalik Projects Bopal Apartment 336 2,800
Opulence Dwarkesh Group Zundal Apartment 300 2,888
Ganesh Parisar Siddhi Infrastrusture Gota Apartment 260 2,555
Silver Altezza Avirat Bopal Apartment 176 3,500
Nisarg Sky Krish Developer Shilaj Apartment 137 2,700
-1%-
-3%
48,000
43,000
38,000
33,000
28,000
23,000
18,000
13,000
8,000
3,000
*BS
L(R
s./s
q.ft
.)
May'15
Worli Goregaon East Mulund West Thane West
Airoli Mira Road Virar
Aug'15 Nov'15 Jan'16 Apr'16
% Change(Y-O-Y)
-6%
0%
-1%
0%
-1%
-3%
-2%
Page 03
Price TrendsKey Localities in Mumbai
MONTHLY REALTY WATCH JUNE 2016 - WEST
% Change(Y-O-Y)
Viman Nagar Baner Wakad Hinjewadi
Kondhwa Wagholi Chakan
16%
2%
3%
-2%
3%
0%
4%
BS
P (R
s./s
q.ft
.)
May’15 Aug’15 Nov’15 Feb’16 May’16
10500
8500
6500
4500
2,500
Page 04
Price TrendsKey Localities in Pune
MONTHLY REALTY WATCH JUNE 2016 - WEST
% Change(Y-O-Y)
Satellite Ambavadi Thaltej Makarba
Chanakyapuri Near Nirma University on SG Highway
-6%
0%
-5%
4%
-4%
2%
BS
P (R
s./s
q.ft
.)
May’15 Aug’15 Nov’15 Feb’16 May’16
7,500
6,500
5,500
4,500
3,500
2,500
Page 05
Price TrendsKey Localities in Ahmedabad
MONTHLY REALTY WATCH JUNE 2016 - WEST
DISCLAIMERAll data, figures, information provided hereto are provided and/or collated by Proptiger.com and that any of its representatives, officers, employees or affiliates makes no representations or warranties as to the accuracy or completeness of any information furnished hereto. This report has been prepared by Proptiger Data Labs solely for information purposes. It does not purport to be a complete description of the markets or developments contained in this material. The information on which this report is based has been obtained from sources that Proptiger believes in its reasonable bona fide faith to be reliable, but Proptiger has not independently verified such information and do not guarantee/ warranty the accuracy, genuineness or completeness of the information therein. This report contains information available to the public and has been relied upon by Proptiger on the basis that it is accurate and complete. Information contained herein should not, in whole or part, be published, reproduced or referred to without prior approval. Proptiger accepts no responsibility if this should prove not to be the case. Any such reproduction should be credited to Proptiger Data labs. ©2016 Proptiger.com. All rights reserved LIMITATION OF WARRANTYThe Information is provided “as is”, without warranty of any kind, it has not been independently verified by Proptiger or Its Affiliates, Officers, Employees or Agents and use of the Information is at your sole risk. Proptiger or Its Affiliates, Officers, Employees or Agents shall not be liable and expressly disclaim liability for any error or omission in the content of the Information, or for any actions taken by you or any third party, in reliance thereon. The Information is not guaranteed to be error-free, or to be relied upon for investment purposes, and Proptiger or Its Affiliates, Officers, Employees or Agents make no representation or warranty as to the accuracy, truth, adequacy, timeliness or completeness, fitness for purpose, title, non-infringement of third party rights or continued availability of the Information, withdrawal without notice and to any special conditions imposed by our principals.
ANURAG JHANWAR, MRICSHead – Consulting and Data Insights [email protected]+91 - 99678 49666
SUNIL MISHRAChief Business Officer - Primary Business & Developer [email protected]+91 - 90044 40011
CONTACT PROPTIGER FOR REAL ESTATE INSIGHTS:
Detailed analysis of micro markets | Market intelligence report | Micro market surveys | Price sensitivity analysis| City dashboards and trends | Demand assessment