monthly realty watch...the noida authority has unveiled a measure to assure timely delivery of...

NORTH & EAST INDIA - JUNE 2016

MONTHLY REALTY WATCH

Confidential for Private Circulation Only

.

Key Insights

Page 01

Residential launches in North & East regions of India declined by 74% as compared to previous month due to restrained demand and

piled up inventory across the cities

While prices in Gurgaon and Noida failed to witness any hike compared to previous year, prices of major localities in Kolkata appreciat-

ed in the range of 3% to 12% annually, primarily driven by localities such as Ballygunge and Salt lake

News & DealsRealty firm M3M India raised Rs.1,250 Crore from Indiabulls Housing Finance for acquiring 185 acres of land parcel in Gurgaon along

with repayment of their existing loans

BCC Infrastructures has raised Rs.250 Crore from the NBFC arm of Edelweiss, ECL Finance in a structured debt transaction, to develop

its 58-acre township project Bharat city in Ghaziabad

ICICI Prudential Asset Management Co. has recently invested a sum of Rs.150 Crore in realty firm Signature Global for the completion

of their affordable housing projects

The Noida Authority has unveiled a measure to assure timely delivery of flats, by issuing a no objection certificates (NOCs) to

cash-strapped builders on a pro rata basis. As per the new policy a developer can obtain its NOC for a percentage of the covered area

in the ratio of the cleared dues to the total dues, after retaining a margin of 10%

MONTHLY REALTY WATCH JUNE 2016 - NORTH & EAST

North & East India: Key new launches May’16

Apartment

Apartment

Lake Front Towers Sweta Estate Sector 33 Sohna 350 4,585

VillaNakshi Kantha Dharitri

InfraventureBaruipur 250 1,750

Defence Floors Supertech Sector 79 300 4,675


Project Name Developer Micro Market TypeLaunchUnits

Quoted Price(Rs./sq.ft.)

Gurgaon

Kolkata

13,000

11,000

9,000

7,000

5,000

% Change(Y-O-Y)

May’15 Aug’15 Nov’15 Feb’16 May’16

Golf Course Extn. Road Sohna Road New Gurgaon Dwarka Expressway

BS

P (R

s./s

q.ft

.)

-1%

0%

-1%

-3%

Page 03 MONTHLY REALTY WATCH JUNE 2016 - NORTH & EAST

Price TrendsKey Localities in Gurgaon

Price TrendsKey Localities in Noida


6,500

5,500

4,500

3,500

2,500

% Change(Y-O-Y)


Noida Expressway FNG Expressway Greater Noida

Noida Extension Yamuna Expressway

BS

P (R

s./s

q.ft

.)

-4%

-2%

-2%

2%

-2%

Price TrendsKey Localities in Kolkata


15,000

11,000

7,000

3,000

% Change(Y-O-Y)


Ballygunge Salt Lake City Bonhooghly on BT Road Garia

BS

P (R

s./s

q.ft

.)

10%

12%

4%

3%

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ANURAG JHANWAR, MRICSHead – Consulting and Data Insights [email protected]+91 - 99678 49666

SUNIL MISHRAChief Business Officer - Primary Business & Developer [email protected]+91 - 90044 40011

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