NORTH & EAST INDIA - MAY 2016

MONTHLY REALTY WATCH

Confidential for Private Circulation Only

.

Key Insights

Page 01

Kolkata outperformed the North & East cities of the country, accounting for nearly 55% of the combined launches in Gurgaon, Noida

and Kolkata in April, 2016

Residential launches remained subdued in Noida due to restrained demand and a large inventory pile-up. However, Gurgaon

witnessed a significant increase in launches as compared to Mar’16

While prices in Gurgaon and Noida recorded correction, compared to previous year, major localities of Kolkata witnessed an annual

price appreciation in the range of 3% to 11%

News & DealsRealty firm M3M India completed its deal with Sahara group to acquire 185 acres of land in Gurgaon for Rs.1,211 Crore. The company

aims to develop a mixed use project on this land next year after getting necessary approvals

US-based realty major Trump Organisation in a joint venture with IREO, plans to develop an iconic office tower in Gurgaon at an

estimated cost of Rs.1,000 Crore. The project is likely to be launched by the end of this year

The 53-Km. long Palwal-Manesar stretch of Kundli-Manesar-Palwal Expressway has been opened for public use, the remaining 83-Km.

Kundli-Palwal stretch is likely to be completed within an year

In a move to provide extra space for development, the Uttar Pradesh cabinet has increased the FAR within a 1,000-metre radius of

Metro corridors in Greater Noida by 0.5

National Highways Authority of India (NHAI) has announced plans to construct a road-cum-rail bridge in Kolkata, across the Muriganga

River between Kakdwip in South 24-Parganas and Kochuberia on Sagar Island, at a cost of Rs.2,800 Crore

MONTHLY REALTY WATCH MAY 2016 - NORTH & EAST

Page 02

North & East India: Key new launches Apr’16

Apartment

Apartment

La Vida TATA Sector 113 688 5,836

ApartmentShivaz Galleria SSG Group Shahjahanpur 126 5,500

ApartmentSmart Homes Advetaya

ConstructionSector 104 122 3,555

The Turning Point Vatika Sector 88B 550 5,130

Water Front Phase -2 Siddha

Golden Point

Barrackpore Apartment 386 2,669

Golden ValleyHousing Complex

Joka Apartment 349 1,870

Megh Mani Mani Group Kasba Apartment 108 6,500

MONTHLY REALTY WATCH MAY 2016 - NORTH & EAST

Project Name Developer Micro Market TypeLaunchUnits

Quoted Price(Rs./sq.ft.)

Gurgaon

Noida

Kolkata

13,000

11,000

9,000

7,000

5,000

% Change(Y-O-Y)

Apr’15 Jul’15 Oct’15 Jan’16 Apr’16

Golf Course Extn. Road Sohna Road Dwarka Expressway New Gurgaon

BS

P (R

s./s

q.ft

.)

-1%

0%

-7%

-5%

Page 03 MONTHLY REALTY WATCH MAY 2016 - NORTH & EAST

Price TrendsKey Localities in Gurgaon

Page 04

Price TrendsKey Localities in Noida

MONTHLY REALTY WATCH MAY 2016 - NORTH & EAST

6,500

5,500

4,500

3,500

2,500

% Change(Y-O-Y)

Apr’15 Jul’15 Oct’15 Jan’16 Apr’16

Noida Expressway FNG Expressway Greater Noida

Noida Extension Yamuna Expressway

BS

P (R

s./s

q.ft

.)

-6%

-4%

-4%

2%

-6%

Page 05

Price TrendsKey Localities in Kolkata

MONTHLY REALTY WATCH MAY 2016 - NORTH & EAST

15,000

11,000

7,000

3,000

% Change(Y-O-Y)

Apr’15 Jul’15 Oct’15 Jan’16 Apr’16

Ballygunge Salt Lake City Bonhooghly on BT Road Garia

BS

P (R

s./s

q.ft

.)

11%

11%

3%

3%

DISCLAIMERAll data, figures, information provided hereto are provided and/or collated by Proptiger.com and that any of its representatives, officers, employees or affiliates makes no representations or warranties as to the accuracy or completeness of any information furnished hereto. This report has been prepared by Proptiger Data Labs solely for information purposes. It does not purport to be a complete description of the markets or developments contained in this material. The information on which this report is based has been obtained from sources that Proptiger believes in its reasonable bona fide faith to be reliable, but Proptiger has not independently verified such information and do not guarantee/ warranty the accuracy, genuineness or completeness of the information therein. This report contains information available to the public and has been relied upon by Proptiger on the basis that it is accurate and complete. Information contained herein should not, in whole or part, be published, reproduced or referred to without prior approval. Proptiger accepts no responsibility if this should prove not to be the case. Any such reproduction should be credited to Proptiger Data labs. ©2016 Proptiger.com. All rights reserved LIMITATION OF WARRANTYThe Information is provided “as is”, without warranty of any kind, it has not been independently verified by Proptiger or Its Affiliates, Officers, Employees or Agents and use of the Information is at your sole risk. Proptiger or Its Affiliates, Officers, Employees or Agents shall not be liable and expressly disclaim liability for any error or omission in the content of the Information, or for any actions taken by you or any third party, in reliance thereon. The Information is not guaranteed to be error-free, or to be relied upon for investment purposes, and Proptiger or Its Affiliates, Officers, Employees or Agents make no representation or warranty as to the accuracy, truth, adequacy, timeliness or completeness, fitness for purpose, title, non-infringement of third party rights or continued availability of the Information, withdrawal without notice and to any special conditions imposed by our principals.

ANURAG JHANWAR, MRICSHead – Consulting and Data Insights anurag.jhanwar@proptiger.com+91 - 99678 49666

SUNIL MISHRAChief Business Officer - Primary Business & Developer Solutionssunil.mishra@proptiger.com+91 - 90044 40011

CONTACT PROPTIGER FOR REAL ESTATE INSIGHTS:

Detailed analysis of micro markets | Market intelligence report | Micro market surveys | Price sensitivity analysis| City dashboards and trends | Demand assessment