New Launches and Price Trend

1. Monthly Realty Watch,
Dec-2013

2. Dec-2013
INDEX
Bangalore ……………………………………………………… 2
Chennai ………………………………………………………... 4
Noida …………………………………………………………… 6
Gurgaon ………………………………………………………..
8
Mumbai ….……………………………………………………..
10
Pune ……………………………………………………………. 12
Kolkata …………………………………………………………
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
14
Kapil Pathak :
kapil.pathak@proptiger.com
1

3. Dec-2013
Bangalore
Price Trends
BSP (RS/SQ FT)
4500
4000
3500
3000
41395
41426
41456
41487
Yelahanka
Bannerghatta Road
Varthur
41518
41548
Whitefield
Electronic City
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Yelahanka
Bannerghatta Road
Whitefield
Varthur
Electronic City
4,051
4,066
3,811
3,327
3,203
4,125
4,115
3,823
3,580
3,244
2%
1%
0%
8%
1%
Key Highlights
Bangalore is able to hold on to its prices. Varthur price increase is majorly attributed to
successful launch of Prestige Lakeside Habitat which was launched at significant premium to
locality average.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
2

4. Dec-2013
Bangalore
New /Upcoming Launches – Nov, 2013
Locality
Builder Name
Project Name
Type
Project Status
Expected
Completion
Date
Chamarajpet
Shapoorji Pallonji
Park West
Apartments
Pre Launch
NA
Bidadi
Whitefield
Sarjapur Road
Marathahalli
Sarjapur
Bhoomika Housing
Sumadhura
VRR and Co
Pranava Avenues
Anugraha Builders
Sai Vandana
Builders
Sampurna
Silver Ripples
Fortuna
Guitar
Lake Shore
Sai Vandana
Brindavanam
Lake Shore Phase-1
Apartments
Apartments
Apartments
Apartments
Apartments
Pre Launch
Pre Launch
Pre Launch
Under Construction
Pre Launch
NA
Dec-16
May-16
Nov-15
Dec-16
2 BHK,3 BHK,
4 BHK
2 BHK,3 BHK
2 BHK,3 BHK
2 BHK,3 BHK
2 BHK,3 BHK
2 BHK,3 BHK
Apartments
Under Construction
Mar-15
Apartments
Pre Launch
Dec-16
Sarjapur Road
Sarjapur
Anugraha Builders
2,300
148
NA
Apartments
Apartments
Pre Launch
Under Construction
NA
Mar-15
Wilson Garden
Apartments
Pre Launch
NA
Aspen
Siri Ventures
Bluejay Ardley Phase-2
Anagha
Max Residency Phase-4
Magnoliaa
Apartments
Plots
Pre Launch
Pre Launch
NA
NA
Sterling Hyde Park
Lakeview
Miraya Garden
Wilson Garden
Puja Megastructures
Bannerghatta Road
Bommanahalli
Amit Properties
Splendid Group
Reliable
Zaffars Sterling
Estates
148
Jul-16
Cholankeril
UKN Properties
Devanahalli
2 BHK,3 BHK
Sep-15
Hosur
Varthur
HSR Layout
3,250
Under Construction
Belvedere Signature
Maxworth Realty
150
Under Construction
Nakshatra Celestia
Unishire
Devanahalli
2 BHK,3 BHK
Apartments
Nakshatra Upscale
Jakkur
Bluejay Enterprises
2,799
4,500
4,200
4,320
2,300
Apartments
Yelahanka
KNS Infrastructures
NA
600
476
388
256
250
NA
SR Flora
Apartments
Price
(Rs/sq ft)
2,900
Pre Launch
Amit Properties
Jigani
Total Units
1 BHK,2 BHK,
3 BHK
2 BHK,3 BHK
3 BHK,4 BHK,
5 BHK
2 BHK,3 BHK
4 BHK
Electronics City
Kumbalgodu
Option Type(BHK)
69
3,382
53
5,600
32
30
3,500
8,500
3 BHK
8
NA
3 BHK
Plot
8
NA
NA
NA
Plots
Under Construction
Nov-14
Plot
170
2,382
Plots
Under Construction
May-15
Plot
162
1,200
Plots
Under Construction
Feb-14
Plot
160
1,200
Plots
Under Construction
Jan-14
Plot
93
2,700
Plots
Pre Launch
Mar-14
Plot
49
1,750
Key Highlights
Shapoorji Pallonji’s upcoming project in West Bangalore is going to bring vitality in the West
Bangalore market. With 2,900 units on offer it is one of the largest development in West
Bangalore.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
3

5. Dec-2013
Chennai
Price Trends
12500
11500
BSP (RS/SQ FT)
10500
9500
8500
7500
6500
5500
4500
3500
2500
41395
Anna Nagar
41426
Porur
41456
Tambaram
41487
41518
Singaperumal Koil
41548
Oragadam
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Anna Nagar
10,800
12,096
12%
Porur
5,563
5,517
-1%
Tambaram
5,563
5,517
-1%
Singaperumal Koil
3,326
3,366
1%
Oragadam
3,125
3,104
-1%
Key Highlights
Prices have started seeing downtrend in Chennai. Anna Nagar is an aberration in otherwise
slowing Chennai market. This aberration is due to low inventory available in Anna Nagar.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
4

6. Dec-2013
Chennai
New /Upcoming Launches – Nov, 2013
Locality
Builder Name
Thoraipakkam
Shollinganallur
Padur
Guduvancheri
Vishwakarma
Properties
Casa Grande
Sri Sreenivasa
Sri Sreenivasa
Jain Housing
Pallavaram
Project Name
Type
Project Status
Expected
Completion
Date
Option Type(BHK)
Total Units
Price
(Rs/sq ft)
Skypod
Apartments
Pre Launch
Jan-15
2 BHK,3 BHK,4 BHK
208
5,290
Aldea
Crescent Heights
Maple Wood
Jains Avalon Springs
Apartments
Apartments
Apartments
Apartments
Pre Launch
Pre Launch
Pre Launch
Under Construction
Mar-15
NA
NA
Jun-15
1 BHK ,3 BHK ,4 BHK
2 BHK,3 BHK
2 BHK,3 BHK
2 BHK,3 BHK
184
184
168
152
5,100
NA
NA
3,038
Ambattur
Golden Prosperous
Crown
Apartments
Pre Launch
NA
2 BHK,3 BHK
27
4,500
Nungambakkam
Thoraipakkam
Thandalam
Thiruvanmiyur
Akshaya
Sidharth
Sri Vari
Mahalakshmi
Private
Sidharth County
Aadharsh Villa
Bharathi Nagar
Apartments
Apartments
Apartments
Apartments
Pre Launch
Pre Launch
Under Construction
Under Construction
Dec-15
Jul-15
Nov-14
Dec-14
4 BHK
2 BHK,3 BHK
1 BHK,2 BHK
3 BHK
24
14
10
8
30,000
5,500
3,800
10,500
Anna Nagar
Pushkar Properties
Sanskriti
Apartments
Under Construction
Dec-14
13,500
MKV Group
Ourhomes
Firm Foundations
Sidharth
Poomalai Housing
Vasavi Housing
KG 5
Celesta
The Jupiter
Muruga Bharathi
Sidharth Pluto
Sreeya
Vasavi Kaya
Ananda the One
Apartments
Apartments
Apartments
Apartments
Apartments
Apartments
Apartments
Under Construction
Under Construction
Under Construction
Pre Launch
Pre Launch
Under Construction
Pre Launch
Mar-15
Jun-14
Dec-14
May-15
NA
Dec-14
NA
3 BHK
2 BHK,3 BHK
2 BHK
3 BHK
3 BHK
2 BHK,3 BHK
2 BHK,3 BHK
3 BHK,4 BHK
8
Poonamallee
Pallikaranai
Anna Nagar
Anna Nagar
Thoraipakkam
Thiyagaraya Nagar
Alwarpet
6
6
6
6
6
5
5
4,500
4,500
13,000
13,750
5,700
16,000
NA
Key Highlights
Chennai has number of pre launches in pipeline but most of them are small (<10 units).
Vishwakarma Skypod is an interesting pre launch project to watch out for.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
5

7. Dec-2013
Noida
Price Trends
7000
6500
BSP (RS/SQ FT)
6000
5500
5000
4500
4000
3500
3000
2500
41395
41426
41456
41487
Noida Expressway
FNG Expressway
Gr. Noida - West
41518
41548
Yamuna Expressway
Gr. Noida
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Noida Expressway
FNG Expressway
Gr. Noida
Gr. Noida - West
Yamuna Expressway
6,585
5,134
4,204
3,524
3,285
6,654
5,115
4,167
3,501
3,163
1%
0%
-1%
-1%
-4%
Key Highlights
Prices in Noida are already seeing decline in most of the submarkets. Decline in Yamuna
Expressway is due to new launches of Ecnon and Shubhkamna at significant discount to locality
average.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
6

8. Dec-2013
Noida
New /Upcoming Launches – Nov, 2013
Locality
Sector 22D,
Yamuna Expressway
Sector 22D,
Yamuna Expressway
Sector 150
Sector 16C,
Noida Extension
Sector 1,
Noida Extension
Sector 16C,
Noida Extension
Knowledge Park V,
Greater Noida
Sector 119
Knowledge Park V,
Greater Noida
Builder Name
Project Name
Type
Project Status
Expected
Completion
Date
Ecnon Group
Kings Court
Apartments
UnderConstruction
May-17
Shubhkamna
Sublime
Apartments
PreLaunch
Mar-17
Shubhkamna
Legend
Apartments
UnderConstruction
May-17
Wall Rock Infratech
Aishwaryam
Apartments
PreLaunch
Capital Infratechhomes
Athena
Phase-2
Apartments
Gaursons
Smart Homes
Apartments
Option Type(BHK) Total Units
1 BHK,2 BHK,
3 BHK,4 BHK
1 BHK,2 BHK,
3 BHK,4 BHK
Price
(Rs/sq ft)
1,386
2,649
700
2,095
2 BHK,3 BHK,4 BHK
640
3,895
NA
2 BHK,3 BHK
352
3,500
PreLaunch
Aug-17
2 BHK,3 BHK,4 BHK
300
3,450
UnderConstruction
Dec-17
2 BHK,3 BHK
208
3,250
VHR
Winsten Park
Apartments
PreLaunch
Nov-16
1 BHK
194
5,002
Unnati Fortune
The Elite Address
Apartments
PreLaunch
Dec-16
3 BHK,4 BHK
117
5,800
Aadhar Group
The Business Capital
Nov-17
1 BHK,3 BHK
370
5817
Sector 150
Shubhkamna
Masters
Villa
PreLaunch
Dec-16
4 BHK
80
7,495
Sector 22A,
Yamuna Expressway
Shubhkamna
Legacy
Villa
PreLaunch
Apr-17
4 BHK
50
2,995
Villa + Apartments UnderConstruction
Key Highlights
Most of the new launches in Noida are happening in Yamuna Expressway and Noida Extension
(Gr. Noida –West).
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
7

9. Dec-2013
Gurgaon
Price Trends
11,000
BSP (RS/SQ FT)
10,000
9,000
8,000
7,000
6,000
5,000
MAY-13
JUN-13
Golf Course Extn. Rd.
JUL-13
Sohna Road
AUG-13
SEP-13
Dwarka Expway
OCT-13
New Gurgaon
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Golf Course Extn. Rd.
Sohna Road
Dwarka Expressway
New Gurgaon
10,471
8,353
6,874
5,924
10,574
8,305
6,864
5,944
1%
-1%
0%
0%
Key Highlights
Gurgaon prices have been stable in past six months. Developers are not able to increase price
given tough circumstances.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
8

10. Dec-2013
Gurgaon
New / Upcoming Launches – Nov, 2013
Locality
Builder Name
Project Name
Type
Project Status
Sector 33 Sohna
Sector 103
Sector 84
ILD
Aakriti Group
Raheja Developer
New Project
Vastus
Trinity
Apartments
Apartments
Apartments
Pre Launch
Pre Launch
Under Construction
Expected
Completion
Date
Oct-16
Nov-17
Nov-16
Sector 2 Sohna
Eldeco
New Launch
Apartments
Pre Launch
Jun-17
Option Type(BHK)
Total Units
Price
(Rs/sq ft)
2 BHK,3 BHK
3 BHK,4 BHK
1 BHK
800
139
140
4,883
5,800
9,142
2 BHK,3 BHK
800
4,250
Key Highlights
Only 4 new launches in Gurgaon exhibit the slump in the market. Developers are now launching
projects in Sohna due to its price advantage.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
9

11. Dec-2013
Mumbai
Price Trends
14,500
13,500
12,500
BSP (RS/SQ FT)
11,500
10,500
9,500
8,500
7,500
6,500
5,500
4,500
3,500
MAY-13
Kandivali -East
JUN-13
JUL-13
Borivali-East
AUG-13
SEP-13
OCT-13
Vashi
Ulwe
Panvel
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Kandivali -East
Borivali-East
Vashi
Ulwe
Panvel
12,707
11,078
10,983
4,971
4,363
13,026
11,051
10,820
4,970
4,346
3%
0%
-1%
0%
0%
Key Highlights
As seen in past months Mumbai prices have been stable except Kandivali East where 3% jump
in price is seen.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
10

12. Dec-2013
Mumbai
New / Upcoming Launches – Nov, 2013
Expected
Completion Option Type(BHK) Total Units
Date
1 BHK,2 BHK,
Pre Launch
Dec-17
6,000
3 BHK
3 BHK,4 BHK,
Under Construction
Dec-17
676
5 BHK,6 BHK
Locality
Builder Name
Project Name
Type
Project Status
Dombivali
Lodha
The Rise
Apartments
Worli
Omkar
Omkar 1973
Apartments
Asangaon
Aakar Corporation
Green Village
Apartments
Under Construction
Dec15
Goregaon West
Sunteck Group
Avenue 2
Apartments
Pre Launch
Thane East
Shree Krupa Builders
Keshav Heights
Phase -1
Apartments
Kalamboli
Shreeji Associates
Phoenix Nest
Ghansoli
Mahaavir Universal
Ulwe
Galaxy Group16
Taloja
Titanium Builder
Paradise
Price
(Rs/sq ft)
4,545
38,000
1 BHK,2 BHK
480
2,451
Nov-17
2 BHK,3 BHK
320
12,750
Under Construction
Nov-14
2 BHK,3 BHK,
4 BHK,5 BHK
136
9,000
Apartments
Pre Launch
Jul-16
1 BHK
78
NA
Heights
Apartments
Under Construction
Jun-16
1 BHK,2 BHK
72
5,394
Krishna Tower
Apartments
Under Construction
May-16
1 BHK,2 BHK
55
5,600
Apartments
Under Construction
May-15
1 BHK
34
4,000
Key Highlights
Lodha -The Rise is an interesting project launched in Dombivali by Lodha. The project boasts of
6,000 units at attractive price point of 4,545 per sq ft. Omkar 1973 is another key project
launched last month. This 3 tower project boasts of 76 floors construction at a prime location in
Worli.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
11

13. Dec-2013
Pune
Price Trends
12000
11000
BSP (RS/SQ FT)
10000
9000
8000
7000
6000
5000
4000
41395
Kalyani Nagar
41426
41456
Kothrud
41487
Aundh
41518
Wakad
41548
Hinjewadi
BSP(Rs/sq ft)
May-13
Oct-13
Price Chane
(%)
Kalyani Nagar
Kothrud
Aundh
Wakad
Hinjewadi
11,752
8,690
8,075
5,063
4,886
11,377
9,442
8,272
5,081
4,963
-3%
9%
2%
0%
2%
Key Highlights
Kothrud saw 9% increase in price rise due to new launches of Marvel realtor Aeries, Yash Elina
etc. at premium to locality.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
12

14. Dec-2013
Pune
New Launches/Pre Launches – Nov, 2013
Project Name
Type
Project Status
Expected
Completion
Date
Nyati Group
Evita
Apartments
Pre Launch
Dec-16
1 BHK,2 BHK,3 BHK
388
4,600
Hinjewadi
TCG Real Estate
The Crown Greens
Phase-2
Apartments
Under Construction
Dec-16
2 BHK,3 BHK
328
4,726
Ravet
Rohan
Construction
Silver Palm Grove
Apartments
Under Construction
Dec-15
2 BHK,3 BHK
281
4,700
Kalyani Nagar
Bramha Builders
Apartments
Under Construction
Jul-17
2 BHK,3 BHK
250
5,923
Kharadi
Kolte Patil
Locality
Builder Name
Lohegaon
Kharadi
Urban Homes
Brikone
Chandkhed
Properties
Majestique
Wagholi
Properties
Ravet
Lodha
Vakratund
Moshi
Developers
Wadgaon Sheri
Revspark Group
Swastik
Ambegaon Budruk
Developer
F Residences
Phase-2
Signature Meadows
Option Type(BHK) Total Units
Price
(Rs/sq ft)
Apartments
Under Construction
Dec-15
3 BHK,4 BHK
189
5,833
Urban Senses
Apartments
Pre Launch
Dec-16
2 BHK,3 BHK
150
5,350
Village Residency
Apartments
Pre Launch
Nov-15
1 BHK,2 BHK
96
3,090
Apartments
Under Construction
Nov-15
1 BHK,2 BHK
86
3,371
Apartments
Pre Launch
NA
1 BHK
72
5,481
Bhagirthi Classic
Apartments
Under Construction
Nov-15
1 BHK,2 BHK
56
4,200
The Orane
Rich County
Phase-2
Apartments
Pre Launch
Dec-14
2 BHK
14
5,500
Nov-15
1 BHK,2 BHK,3 BHK
87
5,100
Mantra Park
Phase-2
Springwood
Villa +Apartments Under Construction
Key Highlights
Nyati Evita in Lohegaon is pre launched at higher end of locality price. Given Nyati’s reputation
for premium construction it will still make sense for investors.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
13

15. Dec-2013
Kolkata
Price Trends
5,000
BSP (RS/SQ FT)
4,500
4,000
3,500
3,000
2,500
MAY-13
Garia
JUN-13
Howrah
JUL-13
AUG-13
Rajarhat New Town
SEP-13
Behala
BSP(Rs/sq ft)
May-13
Oct-13
Garia
Howrah
Rajarhat New Town
Behala
Baguihati
4,629
3,977
3,659
3,848
3,033
4,508
3,851
3,685
3,680
3,033
OCT-13
Baguihati
Price Chane
(%)
-3%
-3%
1%
-4%
0%
Key Highlights
Most of the submarkets in Kolkatta are seeing substantial price reduction.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
14

16. Dec-2013
Kolkata
New Launches/Pre Launches – Nov, 2013
Locality
Builder Name
Project Name
Type
Project Status
Expected
Completion
Date
Option Type(BHK)
Total Units
Price
(Rs/sq ft)
Rajarhat New Town
Ideal Group
Aqua View
Apartments
Pre Launch
Jun-17
2 BHK,3 BHK,4 BHK
649
4,000
Howrah
Riya Manbhari
Greens - Phase 2
Apartments
Under Construction
Jan-17
2 BHK,3 BHK
110
2,511
Garia
Skyline Groups
Skyline Harmony
Apartments
Pre Launch
NA
2 BHK,3 BHK
96
3,500
Nayabad
Eden Group
Astor Park
Apartments
Launch
Jul-16
2 BHK,3 BHK
60
3,250
Alipore
DK Group
Spring Villa
Villa
Under Construction
Oct-15
3 BHK
282
2,145
Key Highlights
Ideal Aqua view Pre Launch in Rajarhat Kolkata is seing good interest from customers. Price
has already appreciated by Rs 200 per sq ft within the month.
Ankur Dhawan :
ankur.dhawan@proptiger.com
+91-9873907667
Kapil Pathak :
kapil.pathak@proptiger.com
15