MONTHLY REALTY WATCHWEST INDIA - SEPTEMBER 2016

Confidential for Private Circulation Only

Page 01 MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

Key InsightsThe western cities of India witnessed an increase of 46 per cent in residential launches (August 2016) over the previous month.

Ahmedabad, Pune and Mumbai contributed 43 per cent, 31 per cent and 26 per cent respectively to the total launches witnessed

during the month

Ahmedabad outperformed Mumbai and Pune with an increase of over 140 per cent in new launches during August 2016, as compared

to the previous month. Majority of the new launches in Ahmedabad were witnessed along SG Highway and in the localities of North

Ahmedabad

While prices across Mumbai and Ahmedabad largely remained range bound over the previous year, Pune saw marginal price increase

across all localities in the range of 2 per cent to 3 per cent annually. Viman Nagar, in particular, witnessed a price appreciation of over

20 per cent over the last 12 months

News & Deals:Lodha Group has raised Rs. 2,320 Crore in a debt transaction from Piramal Fund Management for the development of its projects in

south and central Mumbai

Piramal Fund Management and Shapoorji Pallonji Real Estate Development jointly invested Rs. 300 Crores in a residential project

launched by Ornate Spaces at Oshiwara in suburban Mumbai

Sethia Group has raised debt worth Rs. 115 Crore from Edelweiss Group to finance the development of two of its newly launched

projects in western suburbs of Mumbai

Page 02

West India : Key new launches August’16

Project Name Developer Micro Market Type Launch Units Quoted Price (Rs./sq.ft.)

Godrej Emerald Godrej Thane West Apartment 652 6,571

Swagat Village Shubh Ashish Neral Apartment 500 2,599

Freeway 37 Edelweiss Wadala Apartment 324 12,750

Greens Phase – 2 Ecohomes Karjat Apartment 180 2,900

Aurelia Rustomjee Thane West Apartment 180 11,578

Oshi BBJ Worldwide Jogeshwari West Apartment 178 11,700

Mirabilis Ozone Santacruz East Apartment 112 28,285

Mumbai

MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

Page 03

West India : Key new launches August’16

Project Name Developer Micro Market Type Launch Units Quoted Price (Rs./sq.ft.)

Purvanchal VTP Group Wagholi Apartment 300 3,650

Essence Mantra Properties Undri Apartment 272 3,090

Iris

Bhandari Wagholi Apartment 218 3,548

Ravinanda Towers Ravinanda Landmarks Wagholi Apartment 202 3,400

Crossing Greens The Residences Aeternitus Association Alandi Apartment 200 3,050

Splendid County Yashada Realty Lohegaon Apartment 170 4,100

Leher III

Apple Homes

Utsav Homes 3

Millenium Acropoilis

Urbania

Arambh

Rohan

Manorama Builders

Prime Space

Millenium Developers

Legacy Lifespaces

7 Star Properties

Baner

Kondhwa

Bavdhan

Wakad

Tathawade

Pirangut

Apartment

Apartment

Apartment

Apartment

Apartment

Apartment

144

132

130

123

118

110

5,700

4,300

5,890

5,200

4,499

3,100

Pune

Gold City B Kesar Near Nirma UniversityOn SG Highway Apartment 2,500 2,500

Ashray 10 Keval Vision Corp Ranip Apartment 800 2,100

Sun Residency Dwarkesh Developers Vastral Apartment 98 2,000

Arise Florus Arise Developers Gota Apartment 97 3,444

Ahmedabad

MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

-1%-

-

48,000

43,000

38,000

33,000

28,000

23,000

18,000

13,000

8,000

3,000

*BS

L(R

s./s

q.ft

.)

Aug' 15

Worli Goregaon East Mulund West Thane West

Airoli Mira Road Virar

Nov' 15 Feb’ 16 May’ 16 Aug' 16

% Change(Y-O-Y)

2%

1%

2%

0%

-1%

-4%

-3%

Page 04

Price TrendsKey Localities in Mumbai

MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

% Change(Y-O-Y)

Viman Nagar Baner Wakad Hinjewadi

Kondhwa Wagholi Chakan

22%

1%

2%

-3%

0%

-1%

1%

BS

P (R

s./s

q.ft

.)

Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16

10500

8500

6500

4500

2,500

Page 05

Price TrendsKey Localities in Pune

MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

% Change(Y-O-Y)

Satellite Ambavadi Thaltej Makarba

Chanakyapuri Near Nirma University on SG Highway

0%

-1%

-8%

2%

1%

-6%

BS

P (R

s./s

q.ft

.)

Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16

7,500

6,500

5,500

4,500

3,500

2,500

Page 06

Price TrendsKey Localities in Ahmedabad

MONTHLY REALTY WATCH SEPTEMBER 2016 - WEST

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