INVESTMENTDESTINATIONS IN

DELHI NCR

Uttam Nagar

Noida Extn.

Indirapuram

Yamuna Expressway(YEIDA)

Khanpur

Chattarpur

Rohini

Neharpar

NH-24 

Stagnant market with declining sales

DELHI NCR SNAPSHOT JAN - JUNE 2015

DELHI NCR

Rohini

Indirapuram

RohiniINR 11000 - 13000 PSFT

IndirapuramINR 5500 - 6200 PSFT

YEIDAYEIDA

INR 3200 - 3600 PSFT

NeharparNeharpar

INR 3300 - 5500 PSFT

KhanpurKhanpur

INR 3800 - 4200 PSFT

ChattarpurChattarpurChattarpur

INR 4800 - 5500 PSFT

Uttam NagarUttam NagarINR 4500 - 5500 PSFT

NH-24 

IndirapuramINR 5500 - 6200

NH-24 INR 2800 - 3200 PSFT

Noida Extn.

The real estate market here has been stagnant due to declining sales. This can also be attributed to the high prices in the region along with prolonged periods of inflation. The market is likely to see a price correction in the following months.

Lowest point in Delhi NCR in the past 3 yearsStatistics suggest that the sale of residential property in NCR has dropped by almost 50% during Q4 2014-2015. This has been the lowest point in the Delhi NCR market in the past 3 years.

Increase in unsold inventoryLow sales have resulted in unsold inventory of over 150,000 units in Q4 2014-2015.

Noida and Gurgaon worst affectedNoida has maximum inventory pile-up in the NCR accounting to more than 66%, followed by Gurgaon at 17%.

Land pooling policy for Delhi NCRIn March 2015, the government cleared the land pooling policy for Delhi NCR. This would open up new land parcels for development. As a result, a price correction of 15% to 20% is expected.

Noida Extn.Noida Extn.INR 3400 - 3700 PSFT

Indirapuram

Unlike other localities in Delhi NCR, Indirapuram has good socialand physical infrastructure in place.

NH-24 adds to the overall appeal of the place as aresidential real estate hub. Widening of NH-24

(upto UP Gate) from 8 lane to a 14 lane road, will reduce the commute time considerably.

Metro rail connectivity via Vaishali Metro Station & Anand Vihar Terminal have been key in providing good connectivity to all the important zones in the NCR like Gurgaon, New Delhi, Noida and Greater Noida.

Indirapuram has developed into a prime locality in theGhaziabad district because of its excellent connectivity

and close proximity to Delhi.

70% of the region is dedicated to residential establishments and today Indirapuram has become

one of the most affordable markets to invest in Delhi NCR.

The proposed extension of Dwarka-Noida City Center corridor to Sector 62, will be an added perk for the residents of Indirapuram.

Its close proximity to important employment and commercial hubs like New Delhi and Noida, has encouraged home buying in the region and also created a thriving rental market. Therefore, it is preferred by end users and investors alike.

27%3BHKPREFER

42%2BHKPREFER

14%1BHKPREFER

Unit Type Demand

Price Trends

Preference to Age of Property

Budget Preference

Property Type Demand

FOR RENT

5500 6200

11000 12000

65006000

FOR SALE Property Sale & Rent

INR 15psft

Q1’14 Q2’14 Q3’14 Q4’14 Q1’15

INR 5500 INR 5600 INR 5650 INR 6000 INR 6200

50% 5%10%35%

Distribution of Projects

60% 30% 5% 5%

0-1 Year 1-3 Years 4-10 Years Above 10 Years Under Construction

Legend Plot Villa ApartmentBuilder Floor

39%

20%

15%

22%

4%

>1CR

50L

80L

1CR

30L

1cr

90L

50L

70L

30L0

34%

34%

25%

6%

1%

Yamuna Expressway (YEIDA)

The expressway is primarily seen as an investment zone due to poor public transport, lack of social and physical infrastructure.

The 29 km metro stretch between Noida and Greater Noida, once operational will provide improved connectivity to

the residents of YEIDA Phase 1 (Yamuna Expressway Industrial Development Area).

NMRC & YEIDA will look at regular bus service between Noida & Greater Noida as a collaborative effort to ensure

public transport is available in YEIDA.

The 165 km long Yamuna Expressway is considered to be one of the busiest routes in the National Capital Region which has

opened up land on both sides of the expressway for real estate development.

As per the Yamuna Expressway Master Plan 2021 & 2031, 20% of the land has been marked for residential developments,

21% for IT Parks and 28% as industrial space.

In spite of having around 1500 projects up for sale and rent at Yamuna Expressway, there is very little residential activityfrom end users.

YEIDA has also expressed interest in acquiring a 5% stake in NMRC (Noida Metro Rail Corporation). This move will also benefit the region’s public transport and mobility.

With population of the region projected to increase to 35 lakhs by 2031, the authorities are expected to channel their energies towards public transport and mobility.

Property Type Demand

Budget Preference

>1CR

50L

80L

1CR

30L

1cr

90L

50L

70L

30L0

43%

20%

13%

11%

13%

Price Trends

Property Sale

Q1’14 Q2’14 Q3’14 Q4’14 Q1’15

INR 2800 INR 2800 INR 2950 INR 3400 INR 3500

Distribution of Projects

70% 4%20% 6%

37%52% 1%5% 5%

Legend Plot Apartment VillaAgricultural Land Farm House Builder Floor

INR 3400psft

FOR SALE

INR 2250psft

FOR SALE

Uttam Nagar

As a result, the number of end users have nearly doubledin Uttam Nagar as compared to last year.

However the region is yet to get complete regularizationfrom the Delhi Development Authority. Some properties

in the region offer General Power of Attorney as well as registry.

The unique selling proposition of Uttam Nagar is the affordable builder floors it offers, instead of high priced multistorey apartments.

Delhi Metro’s Blue Line via Uttam Nagar East, Uttam Nagar West& Nawada have been instrumental in creating seamless

connectivity in the region.

After recieving the metro connectivity in 2005, Uttam Nagar real estate has revived with good properties at affordable

rates and excellent public transit system.

The locality witnessed a peak in real estate activity after the2010 Commonwealth Games that resulted in good

infrastructure development in the region.

Its proximity to Gurgaon and Delhi has also created the necessarytraction for the steady growth and development of residential

real estate in Uttam Nagar.

28%3BHKPREFER

47%2BHKPREFER

24%1BHKPREFER

Unit Type Demand

Price Trends

Property Sale & Rent

Preference to Age of Property

Budget Preference

Property Type Demand

50L80L

30L

1cr

50L

70L

30L

20L

0

087%

11%

2%

Q1’14 Q2’14 Q3’14 Q4’14 Q1’15

INR 5600 INR 4800 INR 4650 INR 4750 INR 5000

15% 4% 1%80%

Distribution of Projects

Legend Plot Villa ApartmentBuilder Floor

20%55% 5%20%0-1 Year 1-3 Years 4-10 Years Under Construction

85%2%

1%

12%

4500 5500

11500 12000

50004500

FOR SALE

FOR RENT

INR 12psft