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MONTHLY REALTY WATCHSOUTH INDIA - JUNE 2016
Confidential for Private Circulation Only
Key Insights
Page 01
Residential launches in southern cities reduced by 35% over previous month
While Bengaluru and Chennai registered a decline in launches of 18% and 22% respectively, launches in Hyderabad were subdued
Residential prices in prominent localities of Chennai, Bengaluru and Hyderabad saw an annual appreciation in the range of 2% to 9%
News & Deals:Piramal Fund Management (PFM) plans to invest Rs.110 Crore in three residential projects of Habitat Ventures in Bengaluru, through a
special purpose vehicle (SPV) with an equal combination of debt and equity
Nisus Finance Services Co. (NiFCO) is investing Rs.30 Crores in Shriram Land Development to fund its affordable housing project in
Anekel near Electronic’s city
In a move to ensure efficient use of energy, the Greater Hyderabad Municipal Corporation (GHMC) will begin to enforce the Energy
Conservation Building Code (ECBC) from June 2016
MONTHLY REALTY WATCH JUNE 2016 - SOUTH
Page 02
South India : Key new launches May’16
MONTHLY REALTY WATCH JUNE 2016 - SOUTH
Bengaluru
Project Name Developer Micro Market Type Launch UnitsQuoted Price
(Rs./sq.ft.)
Godrej Talaghattapura Apartment 889 4,099
Lake Ridge Prestige Subramanyapura Apartment 336 4,500
Menlo Park Vaswani Marathahalli Apartment 232 4,999
Star Nest DS Max Kengeri Apartment 132 2,800
Marvel Phase 2 Maharaja Developer JP Nagar Phase 8 Villa 113 3,674
Amaranthine Kumari Builders and
DevelopersBellandur Apartment 108 4,500
ChennaiWestwind Phase - 1 Developer Group Poonamallee Apartment 560 3,850
Swarnagiri Kesariya Housing
DevelopersTambaram Apartment 231 4,200
Palash Prem Estates Oragadam Apartment 100 2,000
Mono City Villa Poonamallee Villa 57 3,500
47 2,650AV Constructions Uppal Kalan ApartmentChandana Heights
SPE Realty
Hyderabad
Eternity
Page 03
Price TrendsKey Localities in Bengaluru
10%
1%
5%
6%
3%
10%
*BS
P (R
s./s
q.ft
.)
% Change(Y-O-Y)
May’15 Aug'15 Nov'15 Feb'16 May'16
Hebbal
Hennur Electronics City
Yeshwantpur Sarjapur Road Till Wipro
Whitefield Hope Farm Junction
9,000
8,000
7,000
6,000
5,000
4,000
3,000
MONTHLY REALTY WATCH JUNE 2016 - SOUTH
Page 04
Price TrendsKey Localities in Chennai
..
2%
-4%
1%
9%
0%
-5%
% ChangeY-o-Y
7,500
6,500
5,500
4,500
3,500
2,500
*BS
P (R
s./s
q.ft
.)
Alandur
Tambaram Poonamallee Oragadam
Pallavaram Sholinganallur
May’15 Aug’15 Nov’15 Feb’16 May’16
MONTHLY REALTY WATCH JUNE 2016 - SOUTH
.
Page 05
.
Price TrendsKey Localities in Hyderabad
Banjara Hills
Gachibowli Manikonda Nizampet
Begumpet Boiguda Hitech City
% ChangeY-o-Y
9,500
8,500
7,500
6,500
5,500
4,500
3,500
2,500
May’15 Aug’15 Nov’15 Feb’16 May’16
*BS
P (R
s./s
q.ft
.)
6%
7%
8%
4%
2%
7%
6%
MONTHLY REALTY WATCH JUNE 2016 - SOUTH
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