MONTHLY REALTY WATCHWEST INDIA - MAY 2016

Confidential for Private Circulation Only

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Key Insights

Page 01 MONTHLY REALTY WATCH MAY 2016 - WEST

Residential launches in West India increased by 27 per cent as compared to previous month. Mumbai led the pack in new launches, accounting for nearly 82 per cent of the combined launches of Mumbai, Ahmedabad and Pune put together. The city witnessed an increase of over 60 per cent in new unit launches during the month of Apr’16 over the previous month

Prices of residential properties in Pune increased marginally across all localities, ranging between 2 per cent to 10 per cent annually, whereas prices in Mumbai remained range bound

Despite declining sales, Ahmedabad witnessed a price appreciation of five per cent year-on-year, with some prominent localities of Gandhinagar and Ahmedabad Central witnessing price rise in the range of 12 per cent to 17 per cent

News & Deals:Ajmera Realty plans to develop 10,000 affordable homes by 2026 in the Mumbai Metropolitan Region (MMR)

Realty developer Kanakia Group bought development rights for 0.5 million sq.ft. on a Powai land parcel for Rs.400 Crore from the local developer Skyline

Pune Municipal Corporation, in order to tame the issue of pollution arising out of construction waste, plans to offer a discount of 5 per cent on development charges to developers for using recycled building material supplied by the civic body

The German Government's development bank, KfW, will provide Rs.3,750 Crore loan assistance to Nagpur Metro Rail Corporation Limited (NMRCL) to execute the new sustainable metro system in Nagpur city

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Page 02

West India : Key new launches Apr’16

MONTHLY REALTY WATCH MAY 2016 - WEST

Mumbai

Project Name Developer Micro Market Type Launch UnitsQuoted Price

(Rs./sq.ft.)

Immensa Kalpataru Thane West Apartment 1,200 7,750

Paradise Haware Kalyan West Apartment 350 3,750

Club Life Oyster Living Kandivali West Apartment 252 6,930

Maple Heights Ashar Group Mulund West Apartment 242 11,000

Ashoka Heights Om Builder Developers Mulund West Apartment 220 8,999

Happinest Phase - 3 Mahindra Lifespaces Boisar Apartment 160 3,045

Freny Platinum Tower Platinum Developer Vasai Apartment 150 3,963

Tiara Rajesh LLP Bhandup West Apartment 136 10,000

Avisha Nandivardhan Group Girgaon Apartment 130 32,000

Embassy Drushti Group Ghatkopar East Apartment 128 15,000

Prayosha Phase - 2 Patel RPL Ambernath West Apartment 120 2,621

Pune

Sai Paradise Wadhwani Tathawade Apartment 300 4,950

Somani Residency Somani Realty Tathawade Apartment 224 4,300

DS Vrindavan DSP Developers Dhanori Apartment 150 4,200

Ahmedabad

Kesar City Phase - 2 Aroma Realties Changodar Apartment 507 1,555

-1%-

-3%

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

.)

Apr'15

Worli Goregaon East Mulund West Thane West

Airoli Mira Road Virar

Jul'15 Oct'15 Jan'16 Apr'16

% Change(Y-O-Y)

-10%

-4%

-1%

-2%

0%

-3%

-3%

Page 03

Price TrendsKey Localities in Mumbai

MONTHLY REALTY WATCH MAY 2016 - WEST

% Change(Y-O-Y)

Viman Nagar Baner Wakad Hinjewadi

Kondhwa Wagholi Chakan

10%

2%

3%

0%

3%

0%

3%

BS

P (R

s./s

q.ft

.)

Apr’15 Jul’15 Oct’15 Jan’16 Apr’16

7,500

6,500

5,500

4,500

3,500

2,500

Page 04

Price TrendsKey Localities in Pune

MONTHLY REALTY WATCH MAY 2016 - WEST

% Change(Y-O-Y)

Satellite Ambavadi Thaltej Makarba

Chanakyapuri Near Nirma University on SG Highway

0%

0%

-3%

4%

-3%

2%

BS

P (R

s./s

q.ft

.)

Apr’15 Jul’15 Oct’15 Jan’16 Apr’16

7,500

6,500

5,500

4,500

3,500

2,500

Page 05

Price TrendsKey Localities in Ahmedabad

MONTHLY REALTY WATCH MAY 2016 - WEST

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