A look into the real estate figures of Ahmedabad from January-June 2017.

1. Ahmedabad
Residential
January to June 2017
1

2. RESIDENTIAL
RECAP
2016
2

3. KEY
FINDINGS
H1 2017
01 Launches hit new low
in H1 2017
• Ambiguity on RERA
• Inventory pressure
03 Proximity to industrial
clusters make West
Ahmedabad a preferred
pocket
02 Developers responded
positively to
government’s focus on
affordable housing with
75% of the launches in
the under INR 50 lakh
segment
3

4. Half yearly
trend in
launches
& sales
4 Half yearly trend in launches and sales
-
2,000
4,000
6,000
8,000
10,000
12,000
No.ofunits
Launches Sales
-7%
-79%

5. Ticket-size
split of
launches
5 H1 2016 H2 2016 H1 2017
<INR 2.5 mn 29% 30% 57%
INR 2.5-5 mn 42% 43% 22%
INR 5-7.5 mn 15% 18% 15%
INR 7.5-10 mn 5% 6% 4%
INR 10-20 mn 8% 2% 2%
>INR 20 mn 1% 0% -

6. Micro-market
split of
launches
6
10%
23%
30%
10%
27%
17% 17%
46%
2%
18%
2%
40%
51%
2%
4%
0%
10%
20%
30%
40%
50%
60%
Central East North South West
H1 2016 H2 2016 H1 2017
8,809 units 5,200 units 1,874 units

7. Micro-market
split of sales
7
8%
32%
30%
13%
17%
9%
28%
30%
12%
22%
7%
25%
32%
9%
27%
0%
5%
10%
15%
20%
25%
30%
35%
Central East North South West
H1 2016 H2 2016 H1 2017
8,556 units 7,400 units 7,941 units

8. Residential
Price
Index
8
95
100
105
110
115
120
125
130
Indexvalue(Q12013=100)
CPI Ahmedabad
AHMEDABAD
CPI

9. Analysis of
unsold inventory
and QTS
9
44,086
46,461
44,245
41,205
41,368
39,782
40,035
37,835
32,934
6 6
7 7
8 9 8 9
7.7
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
-
1
2
3
4
5
6
7
8
9
10
H1
2013
H2
2013
H1
2014
H2
2014
H1
2015
H2
2015
H1
2016
H2
2016
H1
2017
Unsoldinventory(no.ofunits)
QTS
Unsold inventory (RHS)

10. Unsold
inventory
10
Unsold units Quarters-to-sell
Central 2,380 6.6
East 8,275 7.6
North 10,158 9.0
South 2,366 8.8
West 9,756 10.0
Ahmedabad 32,934 7.7

11. RESIDENTIAL
SUMMARY
H1 2017
11

12. Ahmedabad
Residential
January to June 2017
12
This report is published for general information only and not to be relied upon in anyway. Although high standards have been used in the preparation of the information analysis, views and
projections presented in the report, no responsibility or liability whatsoever can be accepted by Knight Frank for any loss or damage resultant from any use of, reliance on or reference to the
contents of this document. As a general report this material does not necessarily represent the view of Knight Frank in relation to particular properties or projects. Reproduction of this report in
whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears.