2. March 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 …………………………………………………….. 16
3. March 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)
Feb 13 Feb 14
Price Change
(%)
Hoskote 3,635 3,765 4%
Brookfield 4,113 4,388 7%
Bommanahalli 4,723 4,841 2%
Koramangla 6,801 6,850 1%
Frazer Town 6,686 7,522 13%
Prices in Bangalore continue to stay stable with Frazer Town in north of Bangalore
being exception with price rise of 13% in last year.
3,000
4,000
5,000
6,000
7,000
8,000
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Hoskote Brookfield Bommanahalli Koramangla Frazer Town
* BSP weighed on no. of units in respective projects in a micro-market
4. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
3
Bangalore
New / Upcoming Launches – Feb 2014
Most of the new launches in Bangalore in February 2014 have been of smaller size
(<250 units). Supertech, a key builder in North, entered southern markets by launching
MiCasa a project of 224 units in North Bangalore. Bluejay enterprise launched Nine
Forum, a villa project near electronic city at 15,000 per sq ft at a very high premium to
market average of 6,600 per sq ft for villas in electronics city.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Whitefield BM Developers Magnolia Park Apartments New Launch Aug-17 3BHK, 2BHK 525 2,750
Kumbalgodu Gopalan Enterprises Olympia - Phase - 1 Apartments Pre Launch Aug-17 2BHK, 3BHK 520 3,100
Electronics City GM Infinite E City Town - Phase - 2 Apartments New Launch Mar-16
1BHK, 2BHK,
3BHK
500 2,650
Avalahalli SJR Primecorp Hamilton Homes Apartments New Launch Jun-16
1BHK, 2BHK,
3BHK
408 3,340
Thanisandra Arvind Infrastructure Sporcia - Phase - 1 Apartments New Launch Jun-17 2BHK, 3BHK 228 3,625
Thanisandra Supertech Micasa Apartments Pre Launch Dec-16 2BHK, 3BHK 224 3,990
Thanisandra Dhammanagi Lilium Gardenia Apartments New Launch May-16 2BHK, 3BHK 185 4,000
Yeshwantpur Aparna Constructions Elina Apartments Pre Launch Dec-16
3BHK, 4BHK,
5BHK
152 7,799
Varthur ATZ Properties Estrella Apartments Pre Launch Nov-15 2BHK, 3BHK 110 3,500
JP Nagar Mahaghar Properties Vajra Apartments New Launch Mar-16 3BHK, 2BHK 96 3,298
Hosa Road Samruddhi Group Bliss Apartments New Launch Dec-15 2BHK, 3BHK 40 4,000
Varthur Ikya Infrastructures Raaya Homes Apartments New Launch May-15 2BHK, 3BHK 40 3,000
Whitefield Star Gold SM Tranquil Apartments New Launch Mar-15 3BHK, 2BHK 40 3,200
Sarjapur Road Aishwarya Associates
Chethana Maple -
Phase - 2
Apartments New Launch Feb-15 2BHK, 3BHK 32 3,600
Marathahalli Jeevan Builders Elite Apartments New Launch Aug-15 2BHK, 3BHK 30 3,500
Kengeri Sri Krishna Construction Tulip Apartments Pre Launch Nov-15
2BHK, 3BHK
28 3,250
Whitefield Godrej United Apartments New Launch Mar-17 2BHK, 3BHK NA 5,400
Sarjapur Manar Developers Pureearth - Phase - 1 Villas Pre Launch Jun-17 3BHK, 4BHK 208 5,650
Electronics City Bluejay Enterprises Nine Forum Villas Pre Launch Sep-16
4BHK, 5BHK,
Plot
99 15,000
Begur Artha Yoshi Villas New Launch Feb-16 3BHK 70 6,645
Hoskote Ambiience Projects Aamby City Plots New Launch Dec-14 Plot 851 1,619
Chikballapur Jupiter Infrastructure Belmont Plots New Launch Jul-15 Plot 197 1,500
Devanahalli Gateway Shelters
Gateway Meadows -
Phase - 2
Plots New Launch Sep-14 Plot 110 700
Kengeri Sri Krishna Construction SKC Rainbow Plots New Launch Aug-14 Plot 97 2,750
5. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
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Kapil Pathak:
Kapil.Pathak@PropTiger.com
4
Chennai
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Feb 13 Feb 14
Price Change
(%)
Singaperumal Koil 2,872 2,982 4%
Kelambakkam 3,461 3,594 4%
Shollinganallur 4,339 4,542 5%
Poonamallee 5,186 5,200 0%
Velachery 6,960 7,286 5%
Prices in Chennai have been stable in last year. Prices in most localities appreciated by
less than 5% in 2013.
2,000
3,000
4,000
5,000
6,000
7,000
8,000
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Singaperumal Koil Kelambakkam Shollinganallur
Poonamallee Velachery* BSP weighed on no. of units in respective projects in a micro-market
6. March 2014
Ankur Dhawan:
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+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
5
Chennai
New / Upcoming Launches – Feb 2014
Most of the launches in Chennai are of smaller size (<200 units). VGN group launched
two projects in Avadi at a very competitive rate of 2,800 per sq ft compared to market
average of 3,664 per sq ft.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Avadi VGN Group Stafford - Phase - 2 Apartments New Launch Mar-15
2BHK, 3BHK,
1BHK
486 3,780
Pammal Appaswamy
The Bloomingdale -
Phase - 1
Apartments New Launch Sep-16 3BHK, 2BHK 464 4,050
Avadi VGN Group Amity Apartments New Launch Jan-16 3BHK, 2BHK 271 2,800
Karapakkam Casa Grande Regalis Apartments Pre Launch Jan-15 4BHK, 3BHK 160 5,300
Urapakkam Malles Aatmika Apartments New Launch Dec-15 2BHK, 3BHK 154 3,199
Pallavaram Mantri Group
Mantri Serene - Phase -
1
Apartments Pre Launch Jun-16 2BHK, 3BHK 140 5,790
Iyappanthangal Stepsstone Vatsa - Phase - 1 Apartments New Launch Jul-15
2BHK, 3BHK,
1BHK
120 3,490
Perungudi Doshi Housing Euphoria Apartments New Launch Oct-14 1BHK 67 5,995
Perungudi BBCL Nakshatra Apartments Pre Launch Aug-15 3BHK, 2BHK 48 6,500
Guduvancheri Stepsstone Mahathes Apartments New Launch Jul-15 2BHK, 3BHK 40 3,150
Iyappanthangal MS Foundations Cherry Tree Apartments New Launch Sep-14 1BHK, 2BHK 24 4,200
Perumbakkam Jeyyes Housing Celestyn Phase II Apartments New Launch Jan-15
2BHK, 3BHK,
1BHK
20 3,900
Velachery Natwest Vistas Apartments New Launch Dec-15 2BHK, 3BHK 18 8,500
Chromepet Viswams Homes Viswams Apartments New Launch Apr-15
1BHK, 3BHK,
2BHK
12 6,300
Madipakkam Rampon Infratech Rampon Flats Apartments New Launch Feb-15 2BHK, 3BHK 12 4,950
Madipakkam
Popular Maruthi
Foundations
Omkar and Amara Apartments New Launch Aug-14
2BHK
11 4,250
Korattur VJ Builders Neelam Apartments New Launch Dec-14 2BHK, 3BHK 7 5,350
Anna Nagar India Builders Daasans Apartments New Launch Dec-14 3BHK 6 15,500
Kovilambakkam Natwest Ultra Apartments Pre Launch Dec-15 2BHK, 3BHK 6 4,800
Anna Nagar India Builders The Dacite Dace Apartments New Launch Dec-14 2BHK, 3BHK 5 15,500
Iyappanthangal Stepsstone Vatsa - Phase - 2 Apartments New Launch Jul-15
Kanchipuram Avigna Properties Celeste Villas New Launch Jun-15 2BHK, 3BHK 288 3,750
Sriperumbudur Shriram Properties Town Square Villa Villas Pre Launch Dec-14 3BHK 118 3,000
Guduvancheri RRP Housing Thamarai Villa Villas New Launch Mar-15
2BHK, 3BHK,
4BHK
100 3,150
Maraimalai Nagar My PropTree Lake County Plots New Launch Aug-14 Plot 37 999
7. March 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)
Feb 13 Feb 14
Price Change
(%)
Yamuna Expressway 3,070 2,999 -2%
Greater Noida-West 3,433 3,587 4%
Greater Noida 3,486 3,606 3%
FNG Expressway 4,930 4,966 1%
Noida Expressway 5,732 6,199 8%
Unlike last year when Greater Noida West (earlier Noida Extension) saw steep jump in
its prices from 2,200 per sq ft to 3,400 per sq ft, 2013 saw only 4% jump in prices. Noida
Expressway returned 8% returns to the investors, highest in the Noida region.
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Yamuna Expressway Greater Noida-West Greater Noida
FNG Expressway Noida Expressway
* BSP weighed on no. of units in respective projects in a micro-market
8. March 2014
Ankur Dhawan:
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+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
7
Noida
New / Upcoming Launches – Feb 2014
New launches in Noida have completely dried up. Two key projects by Lotus Greens :
Lotus Greens in Sec 22D ,Yamuna Expressway and Lotus Square in Sector 98 have
received significant investors interest.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Sector 22D,
Yamuna Expressway
Lotus Greens Lotus Greens Apartments Pre Launch NA 2BHK, 3BHK 3,964 2,750
Sector 10,
Noida Extension
Mahagun Mantra 2 Apartments Pre Launch Jan-14 2BHK, 3BHK 1,500 2,550
Sector 79 Lotus Greens City Apartments Pre Launch Dec-14 3BHK, 4BHK 600 4,250
Sector 150 Mahagun Meadows Apartments New Launch Dec-14
2BHK, 3BHK,
4BHK
412 4,250
Sector 98,
Noida Expressway
Lotus Greens Square Apartments Pre Launch NA 3BHK, 4BHK 275 7,500
Sector 128 Jaypee Greens NRI Tower(Tiara) Apartments Pre Launch NA
2BHK, 3BHK,
4BHK
117 NA
Sector 16B,
Noida Extension
Supertech Aapka Ghar Apartments Pre Launch NA 2BHK, 3BHK NA 3,265
9. March 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)
Feb 13 Feb 14
Price Change
(%)
New Gurgaon 5,812 6,233 7%
Dwarka Expressway 6,533 6,858 5%
Sohna Road 8,427 8,664 3%
Golf Course Extn Road 11,105 11,829 7%
5,500
6,500
7,500
8,500
9,500
10,500
11,500
12,500
J A N 1 3 A P R 1 3 J UL 1 3 O CT 1 3 J A N 1 4
*BSP(Rs/sqft)
Golf Course Extn Road Sohna Road Dwarka Expressway New Gurgaon
* BSP weighed on no. of units in respective projects in a micro-market
10. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
9
Gurgaon
New / Upcoming Launches – Feb 2014
Gurgaon continues to disappoint investors with no major launch in New Year yet.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Sector 90 Ameya group Sapphire Ninety Apartments New launch Aug-17 1BHK 252 8,500
Sector 2 Sohna Shree Vardhman New Launch Apartments Pre Launch Feb-17 2BHK, 3BHK 700 4,340
Sector 5 Sohna
Pranaam
Megastructure
New Project - Phase - 1 Apartments Pre Launch Feb-18
4BHK, 2BHK,
3BHK
640 4,250
Bhagat Singh
Colony
Mac Group Mac City Plots Pre Launch Feb-16 Plot 400 1,139
Sector 5 Dharuhera Mahalaxmi Groups Royal Plots Pre Launch Feb-17 Plot 250 1,633
11. March 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)
Feb 13 Feb 14
Price Change
(%)
Thane West 9,013 9,623 7%
Kandivali East 12,276 12,954 6%
Ghatkopar East 16,302 16,340 0%
Wadala 17,786 17,323 -3%
Andheri West 18,002 18,080 0%
8,000
10,000
12,000
14,000
16,000
18,000
20,000
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Thane West Kandivali East Ghatkopar East
Wadala Andheri West* BSP weighed on no. of units in respective projects in a micro-market
12. March 2014
Ankur Dhawan:
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11
Mumbai
New / Upcoming Launches – Feb 2014
Adhiraj Group launched Upscale township in Kharghar after nearly one year of its Pre
Launch. It also launched two new towers with a name of Samyama in the same
location. Lodha launched a new project in Thane West with code name of The Only.
Project priced at Rs 8,919 per sq ft is attractive to average price of Thane.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Kharghar Adhiraj Constructions Upscale - Phase-1 Apartments New Launch Dec-17
1BHK, 2BHK,
3BHK
880 7,000
Kharghar Adhiraj Constructions Samyama Apartments New Launch Dec-17 2BHK 660 6,993
Virar Arkade Group Acropolis - Phase - 3 Apartments New Launch Feb-17 1BHK, 2BHK 450 5,000
Thane West Lodha Codename The Only Apartments Pre Launch Mar-17 2BHK, 3BHK 348 8,919
Goregaon West Wadhwa Group New Launch Apartments Pre Launch Dec-17 2BHK, 3BHK 288 12,800
Borivali East Kanakia Spaces Aroha Apartments Pre Launch Aug-16 2BHK 252 10,750
Thane West Cosmos Group
Cosmos Horizon -
Phase - 2
Apartments New Launch Feb-18 3BHK, 2BHK 250 9,000
Badlapur East 5P Group
Shreeji Nirvana -
Phase - 2
Apartments New Launch Jan-16 1BHK, 2BHK 100 3,075
Andheri West Keemaya and MLH Keemaya Heights Apartments New Launch May-17 2BHK, 3BHK 54 15,500
Thane West Uma Group Serita Apartments New Launch Dec-14 2BHK, 3BHK 42 7,948
Ulwe KK Developers Emerald Apartments New Launch Feb-16 1BHK, 2BHK 36 4,500
Vasai Shiv Parvati Construction Shiv Darshan Apartments Pre Launch Mar-15 1BHK 26 3,000
Ulwe Imperial Enterprises Vista Apartments New Launch Dec-15 1BHK 12 4,200
Chembur Ekta Group Legranz Apartments New Launch Dec-16 4BHK 11 20,000
13. March 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)
Feb 13 Feb 14
Price Change
(%)
Lohegaon 3,865 4,135 7%
Kharadi 4,721 5,164 9%
Bavdhan 5,279 5,446 3%
Warje 5,047 5,492 9%
Pashan 6,316 7,015 11%
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Lohegaon Kharadi Bavdhan Warje Pashan
* BSP weighed on no. of units in respective projects in a micro-market
14. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
13
Pune
New / Upcoming Launches – Feb 2014
Pune saw dearth of new launches in Feburary. New pre launch by Godrej which is yet
to be named is the only launch by reputed builder in Pune.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Pirangut Calyx Constructions Navyangan - Phase - 1 Apartments New Launch Feb-17
1BHK, 2BHK,
3BHK
230 3,100
Katraj Sanraj Realty Antara Apartments New Launch Dec-15 2BHK, 1BHK 206 3,500
Undri Godrej New Launch Apartments Pre Launch NA
1BHK, 2BHK,
3BHK
204 NA
Wakad Kasturi Housing Epitome Apartments New Launch Mar-17 4BHK 120 7,750
Viman Nagar Phoenix Mills Ltd Fountainhead Apartments New Launch Dec-16 3BHK, 4BHK 81 11,900
Kondhwa Nayan Buildcon
Mountscape - Phase -
B
Apartments New Launch Jun-15 1BHK, 2BHK 64 3,500
Shirwal Aurus Realty Aabha Villas New Launch Feb-16
2BHK, 3BHK,
4BHK
110 2,250
Talegaon Dabhade Uttam Developers Uttam Flora Villas New Launch Aug-14 2BHK 3 3,300
15. March 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)
Feb 13 Feb 14
Price Change
(%)
Sonarpur 2,140 2,414 13%
Narendrapur 2,896 3,038 5%
Rajarhat New Town 3,546 3,696 4%
Tollygunge 7,502 7,443 -1%
Ballygunge 10,589 11,013 4%
1,000
3,000
5,000
7,000
9,000
11,000
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Sonarpur Narendrapur Rajarhat New Town Tollygunge Ballygunge
* BSP weighed on no. of units in respective projects in a micro-market
16. March 2014
Ankur Dhawan:
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+91-9873907667
Kapil Pathak:
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15
Kolkata
New / Upcoming Launches – Feb 2014
Kolkata saw a new launch by reputed builder after a long time in form of Avenida by
Tata Housing. New Project is closer to its earlier project Eden Court in Rajarhat New
Town.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Rajarhat New Town TATA Housing Avenida Apartments Pre Launch NA 2BHK, 3BHK NA 5,700
Madhyamgram Enrico Solutions Gold Edge Village Apartments Pre Launch Dec-15 1BHK 156 2,350
Garia Rajwada Group Altitude Apartments Pre Launch Dec-17 3BHK 150 4,500
Garia Atri Group Green Residency Apartments Pre Launch Apr-17 2BHK, 3BHK 96 2,300
Narendrapur Rajwada Group Emeralds Apartments Pre Launch Dec-16
2BHK, 3BHK,
4BHK
44
Ballygunge Aspirations Group Aspirations Arista Apartments Pre Launch Dec-17 3BHK 28 7,000
Haltu Biswanath Constructions Viswanath Pride Apartments New launch Sep-14 2BHK 4 4,500
Sonarpur PNBD Devcon Sonali Plots New launch Mar-16 Plot 220 208
17. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
16
Hyderabad
Price Trends
Wt. Avg.BSP
(Rs/sq ft)
Feb 13 Feb 14
Price Change
(%)
Vanasthalipuram 2,413 2,562 6%
Miyapur 3,102 3,031 -2%
Gachibowli 3,854 4,062 5%
Hitech City 4,061 4,242 4%
Madhapur 5,100 5,372 5%
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
FE B 1 3 M A Y 1 3 A UG 1 3 NO V 1 3 FE B 1 4
*BSP(Rs/sqft)
Vanasthalipuram Miyapur Gachibowli Hitech City Madhapur
* BSP weighed on no. of units in respective projects in a micro-market
18. March 2014
Ankur Dhawan:
Ankur.Dhawan@PropTiger.com
+91-9873907667
Kapil Pathak:
Kapil.Pathak@PropTiger.com
17
Hyderabad
New / Upcoming Launches – Feb 2014
Hyderabad did not see in any good new launch this year. Though investors are positive
about this market as Telangana issue is resolved. Hyderabad might see slew of new
launches post national election.
Locality Builder Name Project Name Type Project Status
Expected
Completion
Date
Option Type
(BHK)
Total Units
Price
(Rs/sq ft)
Gachibowli Cyber Constructions Krishna Paradise Apartments New Launch Aug-14 2BHK 6 3,500
Gachibowli Praneeth Developers Pride Villas Pre Launch Feb-16 3BHK 80 5,000
Gachibowli Vitus Infratructure Orchid Avenue Villas Pre Launch Jun-15 3BHK 52 3,950
Shadnagar Maruthi Corporation Shubha Gruha Plots New Launch Sep-14 Plot 255 333
Shamshabad Modi Builders Green Ville Homes Plots Pre Launch Dec-14 Plot 200 722
Kothur Shathabdhi Infratech Suraksha Avani Plots New Launch Aug-14 Plot 60 389