monthly realty watch · signature global is likely to invest around rs.950 crore to develop 5,000...
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NORTH & EAST INDIA - SEPTEMBER 2016
MONTHLY REALTY WATCH
Confidential for Private Circulation Only
Key Insights
Page 01
Residential launches in North & East regions witnessed a decline of 18 per cent in August’16 as compared to the previous month
Kolkata outperformed Gurgaon and Noida with an increase of 51 per cent in new launches as compared to the previous month, contrib-
uting around 76 per cent of the combined launches of Gurgaon, Noida and Kolkata
While prices in Gurgaon and Noida remained stagnant as compared to previous year, prices of major localities in Kolkata appreciated
in the range of 2 per cent to 12 per cent annually, primarily led by localities such as Salt lake and Bonhoogly
News & DealsSignature Global is likely to invest around Rs.950 Crore to develop 5,000 low-cost homes in Gurgaon under the Haryana government's
affordable housing policy
Haryana Urban Development Authority (HUDA) to spend Rs.700 Crore to acquire nearly 102 acres of land for the construction of the
Central Peripheral Road (CPR)
In a move to boost the residential sector, the Kolkata Port Trust (KPT) plans to lease around 420 acres of land in the city for the develop-
ment residential townships and commercial plots along the port
The proposed airport at Jewar has got the formal no-objection certificate from the Ministry of Defence, Government of India
MONTHLY REALTY WATCH SEPTEMBER 2016 - NORTH & EAST
Page 02
North & East India: Key new launches August’16
MONTHLY REALTY WATCH SEPTEMBER 2016 - NORTH & EAST
Project Name Developer Micro Market Type Launch UnitsQuoted Price
(Rs./sq.ft.)
Paradise Pivotal Infrastructure Sector - 62 37 2,857
Gurgaon
Noida
The Residentia The Antriksh Group Sector 150 450 4,150
Kolkata
Meridian Group Baruipur Apartment 1,650 2,200
Hira Bengal Emami Amtala Apartment 186 9,500
Ekta Lotus Ekta World Kolkata Ballygunge Apartment 127 4,650
Metro Heights Castrol Group Joka Apartment 120 2,750
Basanta Realtech Nirman Rajarhat Apartment 60 3,100
Kanchenjunga Nikhil Somani Sonarpur Apartment 51 2,750
Aamar Bari
Apartment
Apartment
13,000
11,000
9,000
7,000
5,000
% Change(Y-O-Y)
Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16
Golf Course Extn. Road Sohna Road Dwarka Expressway New Gurgaon
BS
P (R
s./s
q.ft
.)
2%
1%
1%
3%
Page 03 MONTHLY REALTY WATCH SEPTEMBER 2016 - NORTH & EAST
Price TrendsKey Localities in Gurgaon
Page 04
Price TrendsKey Localities in Noida
MONTHLY REALTY WATCH SEPTEMBER 2016 - NORTH & EAST
6,500
5,500
4,500
3,500
2,500
Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16
Noida Expressway FNG Expressway Noida Extension Yamuna Expressway
BS
P (R
s./s
q.ft
.)
-3%
-5%
-4%
1%
% Change(Y-O-Y)
Page 05
Price TrendsKey Localities in Kolkata
MONTHLY REALTY WATCH SEPTEMBER 2016 - NORTH & EAST
15,000
11,000
7,000
3,000
% Change(Y-O-Y)
Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 aug’ 16
Ballygunge Salt Lake City Bonhooghly on BT Road Garia
BS
P (R
s./s
q.ft
.)
-3%
12%
4%
1%
DISCLAIMER
All data, figures, information provided hereto are provided and/or collated by Proptiger.com and that any of its representatives, officers, employees or affiliates makes no representations or warranties as to the accuracy or completeness of any information furnished hereto. This report has been prepared by Proptiger Data Labs solely for information purposes. It does not purport to be a complete description of the markets or developments contained in this material. The information on which this report is based has been obtained from sources that Proptiger believes in its reasonable bona fide faith to be reliable, but Proptiger has not independently verified such information and do not guarantee/ warranty the accuracy, genuineness or completeness of the information therein. This report contains information available to the public and has been relied upon by Proptiger on the basis that it is accurate and complete. Information contained herein should not, in whole or part, be published, reproduced or referred to without prior approval. Proptiger accepts no responsibility if this should prove not to be the case. Any such reproduction should be credited to Proptiger Data labs. ©2016 Proptiger.com. All rights reserved
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