monthly realty watch · codename five rings apartment excel group sarjapur 630 3,636 skylands...
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MONTHLY REALTY WATCHSOUTH INDIA - SEPTEMBER 2016
Confidential for Private Circulation Only
Key Insights
Page 01
Residential launches in cities of South India reduced by 25 per cent in August’16 as compared to the previous month. Bengaluru
registered a decline of 15 per cent in launches during the month of August
While Bengaluru accounted for about 47 per cent of the combined launches in Bengaluru, Chennai and Hyderabad put together,
Chennai and Hyderabad contributed 28 per cent and 25 per cent respectively to the total launches during the month
Residential prices in prominent localities of Bengaluru witnessed an annual appreciation in the range of 3 per cent to 14 per cent,
whereas localities of Chennai and Hyderabad witnessed an annual appreciation in the range of 5 per cent to 9 per cent
News & Deals:The Blackstone Group L.P. in a joint venture with Embassy Office Parks is investing Rs. 5,000 Crore, in the next three years to build
over 16 million sq.ft. of office space in Bengaluru, Hyderabad, Chennai and Pune
Bengaluru Development Authority (BDA), which has been developing and allotting plots and low-cost housing units in Bengaluru, has
entered into the premium segment of housing with high-end facilities
Salarpuria Sattva Group and Apollo Global Management, LLC have entered into a joint venture to buy two under construction
residential projects from a group of offshore investors in Bengaluru and Vadodara for Rs. 275 Crore
MONTHLY REALTY WATCH SEPTEMBER 2016 - SOUTH
Page 02
South India : Key new launches August’16
MONTHLY REALTY WATCH SEPTEMBER 2016 - SOUTH
Project Name Developer Micro Market Type Launch Units Quoted Price (Rs./sq.ft.)
Codename Five Rings Apartment Excel Group Sarjapur 630 3,636
Skylands Arvind Infra Jakkur Apartment
Apartment
Apartment
417 3,799
SMR Estella SMR Holdings Jalahalli 310 3,600
Royal Homes Garudachala Estates KR Puram Apartment 231 4,300
Serene Nest Divya Sree Devanahalli Apartment 72 3,100
Prime Mansion
Green Manshion Whitefield Hope Farm
Junction Apartment 68 3,200
ApartmentNexterra Phase 2 PS Srijan Developers Perumbakkam 54 3,749
Bengaluru
Chennai
Mercury Phase 2 Radiance Realty Perumbakkam Apartment 196 3,399
ApartmentAzure The Oceanique Appaswamy Raja Annamalai Puram 97 19,500
Hyderabad
Acropolis Sumadhura Gachibowli Apartment 576 4,299
Page 03
Price TrendsKey Localities in Bengaluru
14%
7%
4%
3%
7%
*BS
P (R
s./s
q.ft
.)
Aug’ 15 Nov' 15 Feb' 16 May' 16 Aug' 16
Hebbal
Hennur
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 SEPTEMBER 2016 - SOUTH
% Change(Y-O-Y)
Page 04
Price TrendsKey Localities in Chennai
5%
-2%
6%
9%
-1%
-5%
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
Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16
MONTHLY REALTY WATCH SEPTEMBER 2016 - SOUTH
% Change(Y-O-Y)
Page 05
Price TrendsKey Localities in Hyderabad
Banjara Hills
Gachibowli Manikonda Nizampet
Begumpet Boiguda Hitech City
9,500
8,500
7,500
6,500
5,500
4,500
3,500
2,500
Aug’ 15 Nov’ 15 Feb’ 16 May’ 16 Aug’ 16
*BS
P (R
s./s
q.ft
.)
5%
6%
9%
8%
-1%
6%
-2%
MONTHLY REALTY WATCH SEPTEMBER 2016 - SOUTH
% Change(Y-O-Y)
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