Monthly new launches and price movement in Indian real estate top cities

1. Monthly Realty Watch
May 2014

2. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
1
INDEX
Bangalore ……………………………………………………… 2
Chennai ………………………………………………………... 4
Noida …………………………………………………………… 6
Gurgaon ……………………………………………………….. 8
Mumbai ….…………………………………………………….. 10
Pune ……………………………………………………………. 12
Kolkata ………………………………………………………… 14
Hyderabad …………………………………………………….. 15

3. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
2
Bangalore
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Marathahalli 4,322 5,254 22%
Jakkur 3,985 4,529 14%
Begur 3,594 4,031 12%
Harlur 4,658 4,783 3%
Bellandur 4,871 4,986 2%
Few Bangalore localities have shown significant appreciation of 12 – 22% in last one
year when across the country micro markets were showing downtrend.
3,000
3,500
4,000
4,500
5,000
5,500
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Begur Jakkur Harlur Bellandur Marathahalli
* BSP weighed on no. of units in respective projects in a micro-market

4. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
3
Bangalore
New / Upcoming Launches – Apr 2014
Key Highlights
April was a dull month for Bangalore realty market as no significant project was
launched. Most of the new launches were plots at the outer periphery of city.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Brookefield Raja Housing Goldfield Apartments New Launch Aug-17
1BHK, 2BHK,
3BHK, 4BHK
456 4,150
Hoskote Sowparnika Projets Purple Rose Apartments New Launch Dec-16 2BHK, 3BHK 369 2,150
Hoskote Brigade Exotica - Phase - 2 Apartments New Launch Jun-16
3BHK, 4BHK,
5BHK
270 5,356
Jalahalli
Sruthika Builders and
Developers
Springfields - Phase -
2
Apartments New Launch Dec-15 2BHK, 3BHK 160 3,100
Sarjapur Road Till
Wipro
Arattukulam Milano Apartments Pre Launch Dec-16 2BHK, 3BHK 130 2,000
Horamavu DS Max Skyscape Apartments New Launch Oct-17 3BHK 108 3,500
Thanisandra Vajram Group Elina Apartments Pre Launch May-16 2BHK, 3BHK 78 3,750
Sarjapur SRR Homes Oxigen Villas Villas New Launch Apr-15 3BHK 290 3,600
Bommasandra Mayur Group
Mayur Springdale
Villas
Villas New Launch Jun-16 4BHK 84 5,000
Devanahalli Certainant City Villas+ Plots New Launch Dec-15
3BHK, 4BHK,
Plot
77 3,995
Doddaballapur M And M Bangalore
Telecom Shirdi Sai
Krupa
Plots New Launch Dec-17 Plot 1,000 489
Doddaballapur M And M Health City - Phase - 2 Plots New Launch Aug-16 Plot 500 810
Devanahalli Blue Valley North Town Plots New Launch Oct-14 Plot 386 1,600
Hesaraghatta Adisesh Projects Green City Plots Pre Launch Oct-14 Plot 166 899
Electronics City Green Home The Trove Plots New Launch Nov-14 Plot 156 1,750
Anekal City NAG Projects Green Park Plots New Launch Nov-14 Plot 96 1,100
Hoskote Shasta Projects Gardenia Plots New Launch Nov-14 Plot 90 750
Devanahalli Certainant Eco city Plots New Launch Dec-15 Plot 60 1,300
Devanahalli Bhumi Construction
SLN Joy City - Phase -
2
Plots New Launch Oct-14 Plot 56 1,800
Devanahalli Sobha Developers Landscape - Phase - 2 Plots New Launch Feb-15 Plot 35 3,821

5. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
4
Chennai
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Avadi 3,265 3,461 6%
Medavakkam 4,323 4,531 5%
Kelambakkam 3,468 3,572 3%
Pallavaram 5,541 5,696 3%
Poonamallee 5,178 5,191 0%
3,000
3,500
4,000
4,500
5,000
5,500
6,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Avadi Kelambakkam Medavakkam Poonamallee Pallavaram
* BSP weighed on no. of units in respective projects in a micro-market

6. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
5
Chennai
New / Upcoming Launches – Apr 2014
Key Highlights
Tango by Akshaya and Masken Heights by Vivendri Ventures are two luxury residential
projects launched this month. Priced above Rs 8,000 per sq ft, these projects are
targeting HNI and NRI customer segment.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Thoraipakkam Akshaya Tango Apartments New Launch Dec-16
2BHK, 3BHK,
4BHK
250 8,000
Pallavaram Rajparis Civil Ram Nivas Apartments New Launch Apr-16 2BHK, 3BHK 220 4,200
Velachery Vivendi Ventures Masken Heights Apartments New Launch Apr-16 3BHK 72 8,500
Medavakkam Shirdi Shelters
Whitefield Mudra -
Phase - 2
Apartments New Launch Jun-15 2BHK, 3BHK 63 3,999
Madambakkam Darshan Foundation Gokulam Apartments New Launch Nov-16 2BHK 20 4,500
Karapakkam Romaa Housing Gracia Apartments New Launch Jun-15 2BHK, 3BHK 8 5,550
Velachery Mehta Havens Royal Enclave Apartments New Launch Dec-14 2BHK 6 7,500
Navalur Shri Janani Homes
Groovy Woodz -
Phase - 2
Villas New Launch Nov-14 4BHK, 5BHK 42 6,200
Perumbakkam Agni Estates Maple Villas New Launch Dec-15 3BHK, 4BHK 32 5,000
Pallavaram Urban Chennai Anna Baba Nagar Plots Pre Launch Sep-14 Plot 43 1,000

7. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
6
Noida
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Noida Expressway 5,451 6,146 13%
Noida Extension 3,438 3,592 4%
Greater Noida 3,560 3,618 2%
Yamuna Expressway 3,045 2,989 -2%
FNG Expressway 5,008 4,898 -2%
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Yamuna Expressway Noida Extension Greater Noida
FNG Expressway Noida Expressway* BSP weighed on no. of units in respective projects in a micro-

8. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
7
Noida
New / Upcoming Launches – Apr 2014
Key Highlights
Numbers of new launches in Noida have drastically reduced in first month of new
financial year. We expect lack of launches to continue in Noida market for another six
months.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Sector 16C, Noida
Extension
Mahagun Marvella Apartments New Launch Jun-17 2BHK, 3BHK 672 3,475
Sector 79 Exotica Housing Sports City Apartments Pre Launch Apr-18
2BHK, 3BHK,
4BHK
650 4,333
Sector 25, Yamuna
Express Way
Pyramid Townships
Private Limited
Speedway Avenue Apartments New Launch Dec-17
2BHK, 3BHK,
4BHK, 5BHK
640 3,150
Sector 150 ACE Builder Golf Shire Apartments New Launch Dec-17 2BHK, 3BHK 420 4,590
Techzone 4 Wegmans Group Trustone Greens Apartments New Launch Jul-16 1BHK, 2BHK 285 4,075

9. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
8
Gurgaon
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Golf Course Extn. Road 10,744 11,946 11%
New Gurgaon 5,894 6,238 6%
Dwarka Expressway 6,519 6,881 6%
Sohna Road 8,413 8,463 1%
5,000
7,000
9,000
11,000
13,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
New Gurgaon Dwarka Expressway Sohna Road Golf Course Extn. Road
* BSP weighed on no. of units in respective projects in a micro-market

10. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
9
Gurgaon
New / Upcoming Launches – Apr 2014
Key Highlights
Gurgaon finally saw few good launches in April 2014 after a long gap of six months. Vann by
CHD City which is nearby its earlier successful project CHD Avenue 71 has seen good
response by investors. Oasis by Godrej was another good launch in Gurgaon market in April
2014.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Sector 92 Sare Homes Upcoming Project Apartments Pre Launch Oct-17
2BHK, 3BHK,
4BHK
900 5,499
Sector 88A Vatika One Express City Apartments Pre Launch Apr-18
2BHK, 3BHK,
4BHK
800 6,750
Sector 71 CHD Developer Vann Apartments New Launch Jun-18
2BHK, 3BHK,
4BHK
569 6,650
Sector 99A Satya Group Upcoming Project Apartments Pre Launch Apr-18 3BHK, 4BHK 400 6,250
Sector 88A Godrej Oasis Apartments New Launch Apr-18
2BHK, 3BHK,
4BHK
312 7,000
Sector 37C ILD Grand Centra Apartments Pre Launch Apr-17 2BHK, 3BHK 228 4,800
Sector 18, Bhiwadi MVL Limited The Palms Apartments New Launch Apr-17
1BHK, 2BHK,
3BHK
1,120 2,733
Rewari Urban Land Managment Amangani Apartments New Launch Jun-17 3BHK, 4BHK 672 3,500
Sector 51, Bhiwadi Piyush Group Square Apartments New Launch Nov-16 1BHK 307 3,190

11. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
10
Mumbai
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Kharghar 6,698 7,129 6%
Powai 15,088 15,897 5%
Chembur 14,553 14,956 3%
Koperkhairane 9,798 10,009 2%
Goregaon West 13,213 13,412 2%
5,000
7,000
9,000
11,000
13,000
15,000
17,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Kharghar Koperkhairane Goregaon West Chembur Powai
* BSP weighed on no. of units in respective projects in a micro-market

12. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
11
Mumbai
New / Upcoming Launches – Apr 2014
Key Highlights
Mumbai continues to surprise with multiple high profile launches in April 2014 –My
Desire by Runwal (at attractive discount to Dombivali average of Rs 5,000 per sq ft),
Imperial by Kalpataru, Casa Paseo by Lodha Group and Jay Vijay by Kolte Patil.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Dombivali Runwal Group My Desire 1 Apartments Pre Launch Jan-18
1BHK, 2BHK,
3BHK
1,296 4,000
Bhandup West Kalpataru Group Imperial Apartments New Launch Jun-17 2BHK, 3BHK 216 10,100
Badlapur East Thanekar Group Hillcrest Apartments New Launch May-17 1BHK, 2BHK 180 3,250
Thane West Vardhaman Homes Gawand Baug Apartments New Launch Nov-14
2BHK, 3BHK,
4BHK
152 10,500
Ville Parle East Kolte Patil Jay Vijay Apartments Pre Launch May-17 2BHK, 3BHK 132 20,000*
Andheri East Crescent constructions The Solitaire Apartments Pre Launch Dec-16 1BHK, 2BHK 120 12,999
Panvel Tulsi Constructions Sonata Apartments New Launch Dec-17 1BHK, 2BHK 106 5,500
Bhandup West Gharkul Developers Sadguru Apartments New Launch Apr-17 1BHK, 2BHK 72 9,000
Dronagiri Choice Group Ambe Deep Apartments New Launch Apr-16 1BHK, 2BHK 56 3,600
Dombivali Lodha Casa Paseo Apartments Pre Launch Dec-16
1BHK, 2BHK,
3BHK
150 5,283
Shahapur Soft Corner India
Banjara Hills Plots -
Phase - 2
Plots New Launch Dec-15 Plot 500 342
Taloja Shree Om Enterprises Om Complex Apartments New Launch Feb-16 1BHK 316 3,500
Karjat Tulsi Realty
Tulsi Aangan - Phase -
2
Apartments New Launch Mar-15 1BHK, 2BHK 45 3,500
Karjat Sanghvi Gruha Serene City Apartments+Villas Pre Launch Jan-16
1BHK, 2BHK,
3BHK, 4BHK
343 3,800
* - Avg. BSP calculated on Carpet Area

13. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
12
Pune
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Baner 6,178 6,658 8%
Lohegaon 3,858 4,152 8%
Kharadi 4,691 5,016 7%
Wagholi 3,634 3,745 3%
Pimple Saudagar 5,470 5,587 2%
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Wagholi Lohegaon Kharadi Pimple Saudagar Baner
* BSP weighed on no. of units in respective projects in a micro-market

14. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
13
Pune
New / Upcoming Launches – Apr 2014
Key Highlights
Pune real estate also saw revival through two key launches – Soft City by Pride
Housing in Alandi and Suburbia by Saarthi Group in Wagholi. Both added ~2250 units
to Pune new units supply.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Alandi Pride Housing Soft City Apartments Pre Launch May-16
1BHK, 2BHK,
3BHK
1,820 4,056
Wagholi Saarrthi Group Suburbia - Phase - 1 Apartments New Launch Jan-16
1BHK, 2BHK,
3BHK
432 3,100
Kharadi Mantri Group Vantage Apartments Pre Launch NA 2BHK, 3BHK 306 5,490
Wagholi Nyati Group Elan Apartments Pre Launch Sep-17
1BHK, 2BHK,
3BHK
288 4,200
Kharadi Gera Developments Song Of Joy Apartments Pre Launch Jun-17 2BHK, 3BHK 240 5,590
Pashan Paranjape Schemes Crystal Towers Apartments New Launch Oct-17 2BHK, 3BHK 141 8,000
Baner Sukhwani Associates Sukhwani Gracia Apartments Pre Launch Jul-16 1BHK, 2BHK 116 4,401
Lohegaon Shree Ram Group Hill View - Phase - 2 Apartments New Launch Oct-14 1BHK, 2BHK 50 4,100
Bavdhan Kolte Patil Stargaze Apartments Pre Launch NA 2BHK, 3BHK 48 5,750
Mundhwa Shivtara Properties Tara Dione Apartments New Launch Dec-15 2BHK 48 5,000
Hinjewadi
Future Development
Group
Acacia - Phase - 3 Plots New Launch Feb-15 Plot 40 699

15. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
14
Kolkata
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Baguihati 4,573 4,772 4%
Madhyamgram 2,569 2,679 4%
Narendrapur 2,954 3,056 3%
Rajarhat New Town 3,769 3,719 -1%
Howrah 4,051 3,799 -6%
Kolkata
New / Upcoming Launches – Apr 2014
2,000
2,500
3,000
3,500
4,000
4,500
5,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Madhyamgram Narendrapur Rajarhat New Town Howrah Baguihati
* BSP weighed on no. of units in respective projects in a micro-market
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Serampore Aster Group Aster Shree Apartments New Launch Jan-18 2BHK, 3BHK 160 2,600
Alipore Orbit Ashwa Apartments New Launch Jan-17
2BHK, 3BHK,
4BHK
120 7,100
Dum Dum MCK Primarc
Parvati Garden - Phase
- 2
Apartments New Launch Oct-15 2BHK, 3BHK 24 3,100
Rajarhat New Town Rishi Ecoview - Phase - 2 Apartments New Launch Apr-17 2BHK, 3BHK 21 4,650
Behala Orbit Avinash Apartments New Launch Oct-14 3BHK, 4BHK 10 5,000

16. May 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
15
Hyderabad
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Apr 13 Apr 14
Price Change
(%)
Gachibowli 3,930 4,096 4%
Madhapur 5,124 5,338 4%
Hitech City 4,043 4,203 4%
Nizampet 2,593 2,675 3%
Miyapur 3,010 3,029 1%
Hyderabad
New / Upcoming Launches – Apr 2014
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4 A P R 1 4
*BSP(Rs/sqft)
Nizampet Miyapur Gachibowli Hitech City Madhapur
* BSP weighed on no. of units in respective projects in a micro-market
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Tellapur Aastha Avenues Elite Apartments Pre Launch Apr-16 2BHK, 3BHK 35 2,500
Kothur Shathabdhi Infratech Suraksha Heights Plots Under Construction Oct-14 Plot 471 333