- The residential and commercial property markets in Delhi/NCR dipped in demand in 2015 compared to the previous year, with locations like Gurgaon and Noida witnessing a massive decline. - The property markets in nearby states like Gujarat and Punjab still showed potential, while other North Indian locations like Noida, Faridabad, and Ghaziabad saw steady but lower demand. - In contrast, the South Indian property markets in states like Tamil Nadu, Karnataka, and Telangana performed better and were more steadily poised than the Delhi/NCR markets.

2. • For residential search trend, the year 2015 preformed slightly better than year 2014
• End of year 2015 was not so promising as the market dipped higher during this phase
• Collective two years’ pull was quite consistent around the year, but it’s lower than the
period of 2012 to 2013

3. • The commercial search trends also performed slightly better than the previous year
• The search trend for commercial properties dipped towards the end of the year as
compared to the last year
• Overall pull remained consistent around the year

4. • Average search per month is
around 75K
• Showed potential growth from
July to September and flattened at
the year end
Delhi
• Average search per month is
around 10K
• The year started on a positive note
but declined as time progressed.
The residential property demand
even dipped to half compared to
the previous year
Gurgaon

5. • Average search per month is 10.8K
which is almost 50% less when
compared with the last year
• Noida market remained slow
throughout the period, it started
losing its pace in the second half
and ended on a low note
Noida
• Average search per month is around
2K which is still not as significant
compared to other markets. But the
good thing is, it’s picking up
• Overall market is consistent
throughout the year and was better
poised then the previous year
Faridabad

6. • Average search per month is 5.2K
• Better perfromed than the
previous year
• This is also because there were
some affordable project launched
in the location
Ghaziabad
• Average search per month is
around 2.2K which is still not as
significant compared to other
markets but it’s picking up
• Overall market responded
consistently throughout the year
and was better poised then the
previous year
Greater Noida

8. • Average search per month is
around 5.2K
• The first quarter performed better
than the same period last year but
lost its pace in the second half
• Ahmadabad accounts for 41.6% of
the overall searches followed by
Vadodara (11%), Surat (8.9%) and
Rajkot (4%)
Gujarat
• Average search per month is around
30K
• The first quarter was better poised
but then it started declining and
continued till the end of the year
• Mumbai accounts for 51% of the
overall searches followed by Pune
(16.9%), Navi Mumbai (8.3%), Pimpri-
Chinchwas (7.1%) and Thane (3.3%)
Mumbai

9. • Average search per month is around
2.9K
• Overall response was better than the
previous year and was almost
consistent
• Jalandhar accounts for 15.6% of the
overall searches followed by
Ludhiana (14.9%), Amritsar (12.4%),
Sahibzada (8.2%) and Patiala (7.3%)
Punjab
• Average search per month is around
4.5K
• The market performed better in the
first half. It flattened in the second
half and ended on low note
• Jaipur accounts for 47.1% of the
overall searches followed by Jodhpur
(9.2%), Kota (6.8%), Udaipur (5.6%)
and Ajmer (4.7%)
Rajasthan

10. • Avg. search per month is around 12K
• Market started with a positive growth
in the first half of the year, but started
declining in the second half and
reduced to half
• Gurgaon accounts for 67.3% of the
overall searches followed by
Faridabad (10.3%), Karnal (2.3%) and
Sonipat (2.1%)
Haryana
• Avg. search per month is around 20K
• UP market was throughout slow and
even become much reluctant as the
time progressed and ended on a very
low note
• Noida accounts for 39.3% followed by
Ghaziabad (18.1%), Lucknow (11.4%),
Greater Noida (7.1%) and Kanpur
(3%)
Uttar Pradesh

11. • Avg. search per month is around 1.5K
• The search trend is not that high but
was consistent throughout the year
• Dehradun accounts for 29.3% of the
overall searches followed by Haldwani
(15.3%), Roorkee (10.8%) and
Rudrapur (8%)
Uttarakhand
• Avg. search per month is around 1.5K
• The search trend is not that
significant but was consistent
throughout the year though it dipped
in the last quarter
• Patna accounts for 47.8% of the
overall searches followed by
Samastipur (0.6%) and Purnea (0.6%)
Bihar

12. • Avg. search per month is around 5.8K
• The market started on a positive note
but consolidated after first quarter. At
the year end, overall searches saw a
dip of around 20% as compared to
last year
• Kolkata accounts for 76.6% followed
by Howrah(5.4%), Silliguri (4.8%) and
Durgapur (2.7%)
West Bengal
• Avg. search per month is around 1.1K
• The search trend is not that high but
was consistent throughout the year
• Bhubaneshwar accounts for 41.5% of
the overall searches followed by
Cuttack (11.8%), Rourkela (5.4%) and
Sambalpur (2.6%)
Odisha

13. • Avg. search per month around 14K
• Overall market started on a positive
note but decreased by 60% at the end
of the year. The market still
performed better than Bihar, WB,
Odisha, Uttarakhand and Rajasthan
• Chennai accounts for 78.3% followed
by Coimbatore (6.8%) and
Tiruchirapalli (1.3%)
Tamil Nadu
• Avg. search per month around 15K
• Overall market started on a positive
note but decreased by 60% at the end
of the year. The market is still better
poised than Bihar, WB, Odisa,
Uttarakhand and Rajasthan
• Bengaluru accounts for 90% of the
overall searches followed by Mysuru
(1.8%) and Mangaluru (1.4%)
Karnataka

14. • Average search per month is around
3.5K
• Market started on a positive note but
dipped as year progressed and
became consistent in the last quarter
• Indore accounts for 26% of the overall
property searches followed by Bhopal
(19.2%), Gwalior (11.9%) and Jabalpur
(8.1%)
Madhya Pradesh
• Average search per month is around
8.5K
• There is no previous record available
for this region, but the demand for
the property market was consistent
throughout the year
• Hyderabad accounts for 78.2%
followed by Secunderabad (13.3%)
and Warangal (1%)
Telangana

15. • Overall the demand of the Residential and Commercial property
both dipped in the last financial year
• Nearby locations such as Gurgaon and Noida have witnessed a
massive dip in the overall demand curve
• Faridabad and Ghaziabad show a little hope for the market
• Nearby states like Gujarat and Punjab still holds potential to be
tapped
• Other north Indian locations didn't find the pace and remained
quite slow in demand curve
• Surprisingly, the South market looks better poised then the North
Indian market for Delhi/NCR property searches with Tamil Nadu,
Karnataka and Telangana as major push locations

16. Warning: this document is presented by RealtyMyths on the basis of the overview of the information available in
the public domain and is meant for information only. This document should not be referred to as a source of
reference to any professional advice or business decision. RealtyMyths shall not be liable for any direct or indirect
damages that may arise due to any act or omission.