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Reality Watch CHENNAI Dec

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Reality Watch CHENNAI Dec MONTHLY REALTY WATCH Chennai KEY PERFORMANCE INDICATORS March 2017 UP Down No change KEY TRENDS Chennai continued to outperform Launches Sales Inventory Prices the southern cities with 89 per cent increase in new launches in the M-o-M (% change) month of February. Majority of the new launches witnessed during the 89% 0% 0% 0% month were in the mid-segment projects Y-o-Y (% change) Sales remained subdued during the 7% 26% 3% 1% month. Maximum increase in sales was witnessed in high-end projects; this segment also saw 3 per cent annual price appreciation SECTORWISE M-o-M (% change) Perambur, Navallur and Sholiganallur together accounted for around one-fourth of the total absorption witnessed in the city in February Affordable Mid End Luxury 75% 402% 98% 18% 2% 34% CHENNAI Tamil Nadu 2% 1% 5% 1%* 3%* 3%* *Y-o-Y (% change) MONTHLY REALTY WATCH Chennai TOP PERFORMING Periyapalayam LOCALITIESMinjur Attipattu March 2017 Pudu Nagar Cholavaram Tamaraipakkam Alamathi REDHILLS Komakkambedu MANALI NEW TOWN Attanthangal Vadagarai Puzhal Lake Tiruvallur ANNANUR PERAMBUR Manavalanagar Avadi Melnallathur ANNA NAGAR Nemam THIRUVERKADU KOYAMBEDU Vellappanchavadi Marina VELLAPPANCHAVADI T NAGAR Beach Sengadu IYYAPPANTHANGALIyyappanthangal Madras Motor ADYAR Race Track CHENNAI AIRPORT VELACHERY Thiruvalluvar Sriperumbudur PALLAVARAM Nagar Beach Pannur Somangalam CHROMEPETChromepet PALAVAKKAM West CHENNAI Tambaram TAMBARAM Santhavellore MEDAVAKKAM Perungalathur SELAIYUR Sholinganallur Kunnam Arignar Anna Zoological Park Navallur Vattampakkam Guduvanchery MGM Dizzee World Bay of Bengal Maraimalai KelambakkamKelambakkam Nagar Singaperumal Koil Tirumukkudal Kalavakkam Map not to Scale 5 4 3 2 1 TOP FIVE LOCALITIES Anna Nagar Avadi Sholinganallur Navallur Perambur 11,600-12,700 2,800-3,000 5,800-7,650 5,150-5,350 5,750-7,550 (% Contribution to total sales in range during Feb ’17) 0-5% 6-10% 11-15% Price Range (Rs. per sq. ft.) 2,000 4,000 6,000 8,000 10,000 12,000 13,000 MONTHLY REALTY WATCH NEWS & DEALS Chennai CORNER March 2017 Xander Group has invested around Rs.120 Crore in a plotted development project of VGN Property Developers in Ambattur, West Chennai KEY NEW LAUNCHES February 2017 Launch Quoted Price Project Name Developer Micro Market Type Units (in Rs per sq ft) Codename City SPR Group Perambur A 630 6,250 Xanadu Brigade Mogappair A 475 5,590 Elite Acres Plaza Group Thalambur A 320 2,957 Marina 100 Allied Investment Navallur A 106 4,000 The Sanctuary Allied Investment Thoraipakkam OMR A 56 5,899 A Apartment P Plot V Villa CONTACT PROPTIGER FOR REAL ESTATE INSIGHTS ANURAG JHANWAR, MRICS Business Head – Consulting and Data Insights [email protected] Detailed analysis DISCLAIMER +91 - 99678 49666 All data, figures, information provided hereto are provided and/or of micro markets | collated by Proptiger.com and that any of its representatives, Market intelligence officers, employees or affiliates makes no representations or warranties as to the accuracy or completeness of any information furnished LIMITATION OF WARRANTY report | Micro market hereto. This report has been prepared by Proptiger Data Labs solely The Information is provided “as is”, without warranty of any kind, surveys | Price for information purposes. It does not purport to be a complete it has not been independently verified by Proptiger or Its Affiliates, description of the markets or developments contained in this Officers, Employees or Agents and use of the Information is at your sensitivity analysis | material. sole risk. Proptiger or Its Affiliates, Officers, Employees or Agents City dashboards and The information on which this report is based has been obtained shall not be liable and expressly disclaim liability for any error or trends | Demand from sources that Proptiger believes in its reasonable bona fide faith omission in the content of the Information, or for any actions taken to be reliable, but Proptiger has not independently verified such by you or any third party, in reliance thereon. 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