JAN-MAR 2016VOL: 1

Message from CMD

Dear Friends,

At the outset, please accept my heartiest wishes for a happy and prosperous New Year!

The year 2015 has wrapped up, and we have entered 2016. I would like to share my thoughts regarding the Indian Real Estate Market; what have been the trends in year 2015 and what is expected in the current year.

The Indian Residential market slowed down even further in 2015. Even cities like Bangalore which were strong in 2014 slowed down. What NCR market showed, was no exception.

Though the latter half saw some launches from few developers, but, with unrealistic schemes such as pay 10% now and 90% at possession, great if you are an investor but, not if you are an end user or an investor who really wants to take possession of the apartment. I am not sure if people booking these apartments ever thought how these buildings will be finished, with banks not keen to lend to the Real estate market coupled with lack of Sales. If these people were playing it as an option then I guess it was fine.

Realty Crumbling: All India

200000

100000

0H1

2014H2

2014H1

2015

LAUNCHES (UNITS)

720000

710000

700000H1

2014H2

2014H1

2015

UNSOLD INVENTORY

200000

100000

0H1

2014H2

2014H1

2015

SALES (UNITS)

YoY Changes (%)

-40.7 % -20 % -1.2 %

Project 2016

File O facts

Things to Know BeforeBuying New Property

Holidays Jan-Mar 2016

Did you know what‘Break the Ice’ actually means?Meaning: To commence a project or initiate a friendshipHistory: Before the...

Another change in behaviour which was observed mainly in the NCR market is customers are interested in buying properties from developers who are delivering or are trying to finish projects to deliver. This was always the case in other parts of India except NCR, where every landowner becomes a developer, thanks to investors and easy money. Umang has delivered almost 1200 apartments in the last 2 years and is in the process of delivering 1000 odd apartments over 3 projects in the next 18 months. Two of these projects are in Gurgaon (Sec 78 and 77) and one in Delhi (Dwarka Morh).

What I really find interesting when I pick up the morning paper or you talk to any journalist, the first thing they say, there is 175000 excess inventory in NCR, and property prices are falling and will fall further. I do agree with them that property prices have come down selectively depending on where the property is located. To start with the prices should not have been that high in these locations. Such as Dwarka Expressway, where prices are touching as high as Rs. 9000 Sq. ft. which are futuristic, as one could buy in Gurgaon along NH8 or Golf Course extension at a similar price.

I fail to understand why were investors going there. As a developer, we rejected all proposals from those area.

Typical of a recession that lasts few quarters have witnessed Developers across the country and more so in NCR go slow with new launches while housing sales in NCR falls by 50 % during the 1st 6 month of 2015, New launches fall by 68% (Table B).

More importantly, the inventory that all these newspapers keep talking about is based on data which is misleading and, secondly none of them take into account that a lot of projects have been shelved or stopped halfway for paucity of funds. So that inventory does not come to the market for a long time. Also, do not forget negative news spreads faster.

I am not saying you should not invest in new areas, however if you are really interested, consider L zone of Delhi which will happen sooner than later. Lot of investors have burned their fingers in this, But if you actually go to that side you will see work in full swing along sector 21, 22, 23 where the new Diplomatic area is coming up . This new area (L Zone) is just behind this. The policy after being announced has been stuck in the Indian red tapism and political fight for the last 1 year. But signs are that we will see concrete steps being taken sometime during first half of this year. Other areas to consider will be along the periphery of this L Zone, like Bahadurgarh etc. The reason I am saying this, is not because we have a project there, but of price differential being almost 50-60%. Bahadurgarh will be at least that much cheaper.

I personally believe prices will stagnate here and move up after a few months. The end users should not sit on the fence and actually start searching and picking up their dream homes. Few reasons for this are:

1. The much talked about inventory is not actually coming into the market.

2. With stock markets being as volatile as they are, investors will start pulling money out from there and coming back to property.

3. Economy showing signs of revival from first quarter of F.Y 2016 will boost sentiment.

4. Further cut in interest rates will bring EMI's further down.

5. With the regulatory bill most likely going through in the next session of parliament will increase consumer confidence in the sector. It will increase the operational cost for builders. And I think this is another reason for hike in price.

If you want a deal or you are ready to pay and serious about buying, approach the company directly and see what they can do for you. Every company wants to convert a customer who comes to them. It is best to avoid the intermediaries. We, as a rule offer incentives to our customers who refer new customers and they buy from us.

From the stock markets perspective, the smart investors have started picking up NCR focused Real Estate shares over the last 2 months as they are expecting a revival in this Sector. Generally it is believed that Stock market starts discounting things early.Happy hunting….

Best wishes,

Anoop Sethi CMD Smile cornerSmile corner

Republic Day26th Jan

Republic Day26th JanTUESDAY

Holi24th Mar Good Friday

25th MarGood Friday

25th Mar

More on Page 6

More on Page 6

More on Page 6

Page 6

Page 6

1. Hunt for the Right Location2. Check the Title Deed/Certificate of Title of the Property3. Measurement of Property4. Quality of Construction5. Secure Bank Loan Approval

Our Corporate Office shall shift from Nehru Place to Dwarka (Sec 12) by Feb 2016 end...

ESTATEONE

Announcements

TABLE A TO READ MORE

Message from CMD

Dear Friends,

At the outset, please accept my heartiest wishes for a happy and prosperous New Year!

The year 2015 has wrapped up, and we have entered 2016. I would like to share my thoughts regarding the Indian Real Estate Market; what have been the trends in year 2015 and what is expected in the current year.

The Indian Residential market slowed down even further in 2015. Even cities like Bangalore which were strong in 2014 slowed down. What NCR market showed, was no exception.

Though the latter half saw some launches from few developers, but, with unrealistic schemes such as pay 10% now and 90% at possession, great if you are an investor but, not if you are an end user or an investor who really wants to take possession of the apartment. I am not sure if people booking these apartments ever thought how these buildings will be finished, with banks not keen to lend to the Real estate market coupled with lack of Sales. If these people were playing it as an option then I guess it was fine.

LAUNCHES (UNITS)

50000

0H1

2014H2

2014H1

2015

50000

0H1

2014H2

2014H1

2015

SALES (UNITS)

4600

4500

4400

4300H1

2014H2

2014H1

2015

PRICE (Rs Sq Ft)

YoY Changes (%)

-68 % -50 % -2.52 %

I fail to understand why were investors going there. As a developer, we rejected all proposals from those area.

Typical of a recession that lasts few quarters have witnessed Developers across the country and more so in NCR go slow with new launches while housing sales in NCR falls by 50 % during the 1st 6 month of 2015, New launches fall by 68% (Table B).

More importantly, the inventory that all these newspapers keep talking about is based on data which is misleading and, secondly none of them take into account that a lot of projects have been shelved or stopped halfway for paucity of funds. So that inventory does not come to the market for a long time. Also, do not forget negative news spreads faster.

I am not saying you should not invest in new areas, however if you are really interested, consider L zone of Delhi which will happen sooner than later. Lot of investors have burned their fingers in this, But if you actually go to that side you will see work in full swing along sector 21, 22, 23 where the new Diplomatic area is coming up . This new area (L Zone) is just behind this. The policy after being announced has been stuck in the Indian red tapism and political fight for the last 1 year. But signs are that we will see concrete steps being taken sometime during first half of this year. Other areas to consider will be along the periphery of this L Zone, like Bahadurgarh etc. The reason I am saying this, is not because we have a project there, but of price differential being almost 50-60%. Bahadurgarh will be at least that much cheaper.

I personally believe prices will stagnate here and move up after a few months. The end users should not sit on the fence and actually start searching and picking up their dream homes. Few reasons for this are:

1. The much talked about inventory is not actually coming into the market.

2. With stock markets being as volatile as they are, investors will start pulling money out from there and coming back to property.

3. Economy showing signs of revival from first quarter of F.Y 2016 will boost sentiment.

4. Further cut in interest rates will bring EMI's further down.

5. With the regulatory bill most likely going through in the next session of parliament will increase consumer confidence in the sector. It will increase the operational cost for builders. And I think this is another reason for hike in price.

If you want a deal or you are ready to pay and serious about buying, approach the company directly and see what they can do for you. Every company wants to convert a customer who comes to them. It is best to avoid the intermediaries. We, as a rule offer incentives to our customers who refer new customers and they buy from us.

From the stock markets perspective, the smart investors have started picking up NCR focused Real Estate shares over the last 2 months as they are expecting a revival in this Sector. Generally it is believed that Stock market starts discounting things early.Happy hunting….

Best wishes,

Anoop Sethi CMD

TABLE B

Realty Crumbling: NCR Market

564families

living

285families

living

CompletedProjects

3

ABLM-TOWERS

We endeavor to hand over the apartments (ABLM-Towers) by the third quarter of 2016. Landscape work shall begin very soon. Finishing work is going on full steam.

Sec-77, Gurgaon

4

PossessionSoon

Structure work of the towers is 95% complete. Finishing work is under progress. The infrastructure and landscape work shall commence very soon.

Finishing work in the Towers & Landscape work is in full swing. Services & Infrastructure work is in �inal stages. The EWS block is 50% complete. We endeavor to obtain statuatory clearances by mid-2016 and start handing over the apartments, thereafter.

Sector 4 A, Bahadurgarh

5

UnderConstruction

The sample apartment is ready, which gives a good idea of the �inishes & the pre-cast technology being used in Summer Palms, Bahadurgarh. The structure work is in progress.

The structure work is under progress.The sample apartment is expected to be ready in 2 months.

Message from CMD

Dear Friends,

At the outset, please accept my heartiest wishes for a happy and prosperous New Year!

The year 2015 has wrapped up, and we have entered 2016. I would like to share my thoughts regarding the Indian Real Estate Market; what have been the trends in year 2015 and what is expected in the current year.

The Indian Residential market slowed down even further in 2015. Even cities like Bangalore which were strong in 2014 slowed down. What NCR market showed, was no exception.

Though the latter half saw some launches from few developers, but, with unrealistic schemes such as pay 10% now and 90% at possession, great if you are an investor but, not if you are an end user or an investor who really wants to take possession of the apartment. I am not sure if people booking these apartments ever thought how these buildings will be finished, with banks not keen to lend to the Real estate market coupled with lack of Sales. If these people were playing it as an option then I guess it was fine.

UMANG REALTECH PVT. LTD.1st Floor, The Great Eastern Centre,70, Nehru Place, New Delhi-110019

Call: 011-47264444Email: marketing@umangrealtech.com

Web: www.umangrealtech.com

5 THINGS TO KNOW BEFOREBUYING A NEW PROPERTY

3. Measurement of PropertyIf you are buying a land, it is smart to measure it before registering the property. This way you can ensure that the borders and measurements of land are accurate and perfect. Make sure that you get it done by an authorized surveyor as you can avoid several land disputes and other problems in the future. If possible, take the survey sketch from the survey department to ensure accuracy.

1. Hunt for the Right LocationFinding a good location is one of the key factors to consider in buying a property, especially a new home. It should be well-connected to transportation facilities, major city landmarks, proximity to hospitals and educational institutes, and of course, workplace! One should also consider how safe the location is from different crime aspects. Another good reason of buying a property in a good location is to have a fantastic re-sale value.

File O factsDid you know what ‘Break the Ice’ actually means?

Meaning: To commence a project or initiate a friendship

History: Before the days of trains or cars, port cities that thrived on trade suffered during the winter because frozen rivers prevented commercial ships from entering the city. Small ships known as “icebreakers” would rescue the icebound ships by breaking the ice and creating a path for them to follow. Before any type of business arrangement today, it is now customary “break the ice” before beginning a project.

2. Check the Title Deed/Certificate of Title of the PropertyTitle deed of the property is a legal document that states ownership of a property. As a buyer, you have the right to ask for the original Title Deed and make sure that the property is in the name of the seller solely and no one else, and have all rights to sell the property. To avoid hassles, get the property deed reviewed by a lawyer to ensure there are no loopholes.

Make sure there is no dispute in relation to the property in concern. Also check Encumbrance Certificate that ensures title clearance of the property.

5. Secure Bank Loan ApprovalConsider your income and finances, set a budget for EMI, and then apply for a bank loan. Do not over-stretch yourself. There are many banks that offer pre-approved loan and you get few months time to buy the property. Since financing the property is a secured loan, it is relatively easier to get it pre-approved, though you have to submit necessary documents and ownership deed or title transfer certificate to the bank by the stipulated time period.

Considering these factors will ensure that you have the best value for your investment, and of course, happiness.

4. Quality of ConstructionIf you are buying a new home or office space, check the construction quality as an important consideration. This not only means the aesthetic appeal and beauty of the property, but also the wiring, walls, the quality of the tiles and fittings.

I fail to understand why were investors going there. As a developer, we rejected all proposals from those area.

Typical of a recession that lasts few quarters have witnessed Developers across the country and more so in NCR go slow with new launches while housing sales in NCR falls by 50 % during the 1st 6 month of 2015, New launches fall by 68% (Table B).

More importantly, the inventory that all these newspapers keep talking about is based on data which is misleading and, secondly none of them take into account that a lot of projects have been shelved or stopped halfway for paucity of funds. So that inventory does not come to the market for a long time. Also, do not forget negative news spreads faster.

I am not saying you should not invest in new areas, however if you are really interested, consider L zone of Delhi which will happen sooner than later. Lot of investors have burned their fingers in this, But if you actually go to that side you will see work in full swing along sector 21, 22, 23 where the new Diplomatic area is coming up . This new area (L Zone) is just behind this. The policy after being announced has been stuck in the Indian red tapism and political fight for the last 1 year. But signs are that we will see concrete steps being taken sometime during first half of this year. Other areas to consider will be along the periphery of this L Zone, like Bahadurgarh etc. The reason I am saying this, is not because we have a project there, but of price differential being almost 50-60%. Bahadurgarh will be at least that much cheaper.

I personally believe prices will stagnate here and move up after a few months. The end users should not sit on the fence and actually start searching and picking up their dream homes. Few reasons for this are:

1. The much talked about inventory is not actually coming into the market.

2. With stock markets being as volatile as they are, investors will start pulling money out from there and coming back to property.

3. Economy showing signs of revival from first quarter of F.Y 2016 will boost sentiment.

4. Further cut in interest rates will bring EMI's further down.

5. With the regulatory bill most likely going through in the next session of parliament will increase consumer confidence in the sector. It will increase the operational cost for builders. And I think this is another reason for hike in price.

If you want a deal or you are ready to pay and serious about buying, approach the company directly and see what they can do for you. Every company wants to convert a customer who comes to them. It is best to avoid the intermediaries. We, as a rule offer incentives to our customers who refer new customers and they buy from us.

From the stock markets perspective, the smart investors have started picking up NCR focused Real Estate shares over the last 2 months as they are expecting a revival in this Sector. Generally it is believed that Stock market starts discounting things early.Happy hunting….

Best wishes,

Anoop Sethi CMD

Smile cornerSmile corner

Holidays: Jan-Mar 2016Holidays: Jan-Mar 2016

Republic Day26th Jan

Republic Day26th JanTUESDAY

Holi24th MarGood Friday

25th MarGood Friday

25th Mar

AnnouncementsOur Corporate Office shall shift from Nehru Place to Dwarka (Sec 12) by Feb 2016 end. A formal communication to this effect shall be sent shortly.

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ilber

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Disclaimer: All the timelines mentioned in this Newsletter are merely representative in nature based on rough estimates and are subject to change.