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NORTH & EAST INDIA - SEPTEMBER 2016 MONTHLY REALTY WATCH Confidential for Private Circulation Only

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Page 1: MONTHLY REALTY WATCH · Signature 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

NORTH & EAST INDIA - SEPTEMBER 2016

MONTHLY REALTY WATCH

Confidential for Private Circulation Only

Page 2: MONTHLY REALTY WATCH · Signature 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

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 3: MONTHLY REALTY WATCH · Signature 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

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

Page 4: MONTHLY REALTY WATCH · Signature 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

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 5: MONTHLY REALTY WATCH · Signature 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

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 6: MONTHLY REALTY WATCH · Signature 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

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%

Page 7: MONTHLY REALTY WATCH · Signature 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

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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SUNIL MISHRAChief Business Officer - Primary Business & Developer [email protected]+91 - 90044 40011

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