ahmedabad real estate report h1 2016 presentation
TRANSCRIPT
KNIGHTFRANK.CO.IN
JANUARY TO JUNE 2016
RESIDENTIAL
AHMEDABAD
KNIGHTFRANK.CO.IN
Falling trend in sales
volume arrested;
But volumes still a far cry
from their 2012 peak
KNIGHTFRANK.CO.IN
HALF-YEARLY SALES VOLUME
Sales volume grew at 10% YoY in H1 2016
after 3 years of steady double digit fall
16,000
13,650
10,470
7,750
8,560
-
4,000
8,000
12,000
16,000
20,000
H1 2012 H1 2013 H1 2014 H1 2015 H1 2016
No
. o
f u
nit
s
KNIGHTFRANK.CO.IN
HALF-YEARLY NEW LAUNCHES
But new launches too witness a surge in
H1 2016 on the back of improved sentiment
21,240
9,810 9,020
8,060 8,810
-
4,000
8,000
12,000
16,000
20,000
24,000
H1 2012 H1 2013 H1 2014 H1 2015 H1 2016
No
. o
f u
nit
s New launches
up by 9% YoY
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UNSOLD INVENTORY AND QTS TREND
High level of unsold inventory still a big
concern for Ahmedabad’s developer community
52,9
30
44,0
80
44,2
40
41,3
70
40,0
30
7.1
6.0
7.0
8.4 8.5
0
2
4
6
8
10
-
20,000
40,000
60,000
80,000
H1 2012 H1 2013 H1 2014 H1 2015 H1 2016
Nu
mb
er
of
qu
art
ers
No
. o
f u
nit
s
Unsold Units QTS (Right Side Axis)
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Premium segment
continues to witness
steady traction in sales
volume, but new launches
fall drastically
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HALF-YEARLY PREMIUM MARKET TRENDS
While sales volume grew by 19% YoY in the premium
segment, new launches dropped by more than 50%
49
6
40
0
46
5
21
5
78
0
43
0
42
0
50
0
-
100
200
300
400
500
600
700
800
900
H1 2013 H1 2014 H1 2015 H1 2016
No
. o
f u
nit
s
New launches Sales Volume
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PRICE TREND
Price growth in the premium segment outperform
city’s average price growth
1,000
2,000
3,000
4,000
5,000
6,000
INR
/ sq
ft
Premium market
prices
Ahmedabad city average
prices
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MICRO-MARKET-WISE NEW LAUNCH SPLIT
North Ahmedabad observes a sharp rise in new
launches
6%
26%
23% 22%23%
19%
15%
35%
8%
22%
10%
23%
30%
10%
27%
0%
5%
10%
15%
20%
25%
30%
35%
40%
Central East North South West
H1 2015 H2 2015 H1 2016
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MICRO-MARKET-WISE NEW LAUNCH SPLIT
Ahmedabad continues to be one of the better
performing markets in India
8
10
12
14
16
5 7 9 11 13 15 17 19
Ag
e o
f u
nso
ld i
nven
tory
in
qu
art
ers
QTS
Mumbai
NCR
Bengaluru
Pune
Chennai
Hyderabad
Kolkata
Ahmedabad
MUMBAI
NCR
BENGALURU
PUNE
CHENNAI
HYDERABAD
KOLKATA
AHMEDABAD
