Jan-Mar 2014 Quarter

Total Page:16

File Type:pdf, Size:1020Kb

Jan-Mar 2014 Quarter HYDERABAD FOREWORD PropIndex has completed three years now. Over this period, we’ve accumulated a wealth of data/analytics on price/locality trends and market performance. As the Indian property buyer gets more focused on returns from investment, we hope the data provided here, helps you in making informed property decisions. Use d in tandem with the host of advisory services available online at advice.magicbricks.com, the effort is to make this a one-stop shop for all your property queries, requirements and information. The year 2014 started with anticipation among real estate stakeholders concerning the 16th general elections in the country. These Lok Sabha elections have kept the Indian Real Estate Market in the wait and watch mode. This is reflected in the National Property Index with a mere 1 per cent change in the Jan-Mar 2014 quarter. City index values too remained intact and ranged between minus 1 to plus 3 per cent. The formation of new government is expected to infuse fresh life into the real estate market and improve home buyers sentiments. In the current quarter, property markets remained sluggish. However, robust demand from end-users arrested any significant change in property values. We have observed few finds from the current report: Key Findings l Across the country, capital markets have remained passive while rental markets have flourished. l Demand patterns across cities remained more or less in line with the previous quarter with the mid-budget range of Rs 30-50 lakh remained the most preferred category, especially in Bangalore and Pune. However high end properties remained more in demand in Gurgaon and Mumbai. l Premium luxury properties remained oversupplied across cities despite a robust demand of over 20%. l Mumbai topped the chart with maximum demand for properties worth Rs 1 crore and above, followed by Delhi and Gurgaon. l Slower demand for property forced sellers to negotiate between 5-15 per cent on the asking values. In this issue we have incorporated Greater Noida as an independent city which has recorded growing demand for residential properties, offering huge options in the affordable ranges. Do write in at [email protected] and share your views on this report and how we could make PropIndex even better. Sudhir Pai Business Head, Magicbricks.com VOL 3, ISSUE 4; JAN-MAR, FY 2013-14 propindex.magicbricks.com NATIONAL PROPERTY INDEX (NPI) JAN-MAR 2014 n Capital markets across cities were stable while rental markets were active with considerable demand and rise in values n The preferred localities in different cities remained unchanged since the Oct-Dec 2013 quarter n Consumer demand slowly and steadily moved towards the mid-segment category. Demand inched up in the luxury category which remained JAN-MAR 2014 oversupplied. With buyer sentiments down across the country and everyone awaiting the general elections, the common consensus is against buying property. Due to the resolving of the This has resulted in people opting for rental accommodation as opposed to Telangana issue, the capital values in buying their own home. This is the prime reason that held the growth of almost 70 per cent of the localities in the National Property Index (NPI). It rose by 1 per cent in the Hyderabad witnessed a rise of Jan-Mar 2014 quarter. NPI is a weighted average of supply and values 1-5 per cent. This, combined with across 11 cities in India. During the Jan-Mar 2014 quarter the city index increased supply, pushed up the City value was found to be in the range of minus 1 to plus 3 per cent. Index by 3 per cent during the Jan-Mar 2014 quarter. The rise in capital values also pushed up the Listed Price Monitor by 3 per cent. TOP YIELD GROSSERS Gross yield is a ratio of average annual rental value to the average capital value of the property in the current quarter. Below is the top yield-grossing locality in the city. Locality Gross yield Hyderabad, Manikonda 4.85% CAPITAL GAINS It indicates the locality recorded maximum increase in the capital value in the current quarter. Locality % Change Hyderabad,Padamrao Nagar 5.30% HYDERABAD propindex.magicbricks.com 02 VOL3, ISSUE 4; JAN-MAR, FY 2013-14 PROPINDEX - HYDERABAD Editorial Despite all the commotion around the Telengana issue the Hyderabad residential property market witnessed minor change in values. The Hyderabad City Index rose marginally during the Jan-Mar 2014 quarter and the Price Monitor rose by 3 per cent. Almost 60 per cent of the localities witnessed marginal change in demand in Hyderabad, heralding a buyers’ market. Areas located primarily in core Hyderabad reported sharp change in property values, while several others marked as upcoming by the industry The City Index of Hyderabad rose by 3 per cent in the Jan-Mar players have recorded a slight change 2014 quarter, as compared to Oct-Dec 2013 quarter. The Price in the Jan-Mar 2014 quarter. This Monitor also rose by 3 per cent. With upcoming localities in the resulted in the City Index rising outskirts reporting a marginal change, the NPI for the city saw marginally. a rise of 1 per cent. Places like Nizampet and Miyapur, located close to the IT/ITeS industry witnessed a drop in property values. Proximity to the congested ORR is one Key Takeaways of the reasons for this trend. l With the bulk of properties left its impact on the capital A closer look at the Hyderabad market witnessing a minor change in values. Sainikpuri, Begumpet revealed some interesting trends. For instance, the supply and demand were values, the Hyderabad City and Madhapur have recorded evenly balanced in the Rs 40-60 lakh, Index rose marginally during increased capital values in the Rs 60-100 lakh and in the Upto Rs 20 the Jan-Mar 2014 quarter current quarter lakh categories. However, the city witnessed a maximum demand l Over 60 per cent of localities l With continued ongoing (40%) for houses in the Rs 20-40 witnessed marginal change in Telegana agitation and the lakh category while the supply stood demand in Hyderabad, impending elections, prices in at a mere 26 per cent. heralding a buyers’ market Hyderabad have not grown As expected, supply in the significantly. This has resulted l While localities in core Rs 1 crore and Above segment was in consumers viewing it as a much higher than the demand. Hyderabad showed sharp buyers’ market change in prices, several others The demand for multi-storey previously marked as upcoming, l The buyer demand shifted from apartments was the maximum in the recorded a slight change. This 2BHK to 3BHK units. Maximum city at 56 per cent, almost well resulted in the City Index rising properties delivered were in matched with a supply of 52 per cent. only marginally the 3BHK segment, within the Except for localities like Madinaguda, budget range of Rs 70-80 lakh Srinagar Colony and a few other l Localities like Gachibowli, the and above places which recorded a drop in rental financial district of Hyderabad, values almost all the localities tracked recorded a marginal rise in l In the super luxury segment of recorded a significant increase. property values Rs 1 crore and Above, market A more in-depth analysis throws up offerings included villas and some interesting figures. While l Places like Nizampet and independent high-end homes Miyapur, despite the presence of 60 per cent of the total localities located in areas in and around tracked witnessed only a marginal rise the IT/ITeS industry and Jubilee Hills, Banjara Hills, in rental values, a few like Hitech City, proximity to Gachibowli, Madhapur and Gachibowli Gachibowli, KPHB Colony and witnessed a drop in property Madhapur reported significant values. Proximity to the l With several developers focusing increase in values in the congested ORR is the reason for on the luxury segment, the Jan-Mar 2014 quarter. this trend in this quarter market witnessed an oversupply. Going forward, the upcoming 2014 The prices of these offerings elections are expected to bring political l The under-construction metro to ranged from Rs 2-3 crore to stability and thereby, a boost to the run across various zones, has Rs 4-6 crore real estate market. VOL3, ISSUE 4; JAN-MAR, FY 2013-14 03 propindex.magicbricks.com HYDERABAD LISTED PRICE MONITOR RENT MONITOR 3% l Approximately 60 per cent micromarkets in l Except for Madinaguda, Srinagar Colony and a few Hyderabad have reported marginal change in prices other places which recorded a drop in rental values almost all localities tracked recorded an increase l Areas such as Jubilee Hills, Kompally and Attapur registered no change in the previous quarter l Approximately 60 per cent of the total localities tracked witnessed only a marginal rise in rental l Areas like Kondapur, Gachibowli, Miyapur and values. A few like Hitech City, Gachibowli, KPHB Uppal reported a marginal change in the Colony and Madhapur reported significant increase Jan-Mar 2014 over the Oct-Dec 2013 quarter in values in the Jan-Mar 2014 quarter l Places like Nizampet and Hitech City, due to the l Places like Kondapur and Miyapur with proximity presence of IT/ITeS industry and proximity to to IT hubs and Somajiguda, despite its proximity to Gachibowli, witnessed a marked increase in property city centres, registered only a marginal increase values. This is a notable change as compared to the previous two quarters (Jul-Sep 2013 and Oct-Dec 2013) l High-end residential areas such as Banjara Hills and when the values continued to remain constant certain parts of Madhapur witnessed maximum rise in rental values YIELD METER Locality Average Rental Average Capital Gross Value (Rs/sqft/mth) Value (Rs/sqft) Yield Jubilee Hills 14.00 6,475.00 2.59% Kondapur 12.75 3,625.00 4.22% Miyapur 9.25 3,075.00 3.61% Kukatpally 10.75 3,475.00 3.71% Banjara Hills 16.00 7,025.00 2.73% Hitech City 14.25 4,350.00 3.93% KPHB Colony 11.75 3,825.00 3.69% Madinaguda 9.75 3,050.00 3.84% Manikonda 10.50 2,600.00 4.85% Gachibowli 15.00 4,000.00 4.50% l The yield meter ranged from 2.59-4.85 per cent in l Jubilee Hills continued to hold its position at the the Jan-Mar 2014 quarter, a marginal change as bottom of the list in the Jan-Mar 2014 quarter, compared to the 2.61-4.48 per cent recorded in the reporting a gross yield of 2.59 per cent primarily Oct-Dec 2013 quarter.
Recommended publications
  • India- Hyderabad- Residential Q4 2019
    M A R K E T B E AT HYDERABAD Residential Q4 2019 New launches on the rise, more projects underway in 2020 A total of 4,340 new units were launched in Q4, a 2X rise on a quarterly basis. This is in line with our predictions during Q2-Q3 when several large- scale projects were awaiting approvals. Established catchments such as Kondapur, Hafeezpet, Nallagandla and fast-growing locations such as 14,464 NEW UNIT LAUNCHES (2019) Gopanpally – Tellapur, Bachupally are have witnessed new launches during the quarter. On an annual basis, the number of launches were higher by 30% y-o-y, suggesting a positive momentum in the residential market. Western quadrant accounted for 3/4th of the total launches during the year with majority of the projects launched within close proximity to IT and financial districts. Locations with major new launches in other parts of the SHARE OF MID SEGMENT IN NEW city include Uppal, Bolarum, Patancheru and Kismatpur etc. Mid segment projects accounted for nearly 90% of the units launched during the quarter 46% LAUNCHES (2019) in addition to a a luxury project in Kondapur. This sub-market continues to attract buyers in the premium segment on the back of its excellent physical and social infrastructure and proximity to IT and financial districts. Growth in new launches is likely to continue as developers are gearing up to launch nearly 20,000 units over the next 12-18 months. Several high-end projects with basic selling price exceeding INR 6000/sf were SHARE OF WESTERN QUADRANT IN launched in 2019, indicative of a demand shift and robust market fundamentals.
    [Show full text]
  • Store Name/Location Address1 City ANZ Support Services India Pvt
    Store Name/Location Address1 City ANZ Support Services India Pvt. Ltd, “Eucalyptus,” HATTI KAAPI ANZ MTP Ground Floor, Manyata Embassy Business Park, GF Bangalore - 560 045 BANGALORE Infosys Ltd., Survey No.210, Manikonda Village, HATTI KAAPI Infosys Lingampally, Rangareddy (dist), Hyderabad - 500 Gachibowli Manikonda 032 HYDERABAD HATTI KAAPI OFC Phase OFC PHASE 1, Survey No 210, Manikonda Village, 1 Lingampally, Rangareddy District, Hyderabad Alcatel-Lucent India Ltd(Nokia), Manyata Embassy Hatti Kaapi Nokia E2 Business Park, E2, Silver Oak Building, Outer Ring Building Road, Bangalore HATTI KAAPI Orion Mall Brigade Gateway, 26/1 Dr. Rajkumar Road, Brigade Gateway Malleshwaram West, Bangalore Cognizant Technology Solutions India Pvt Ltd., G4 Block, Embassy Manyata Business Park, HATTI KAAPI Cognizant Rachenahalli, Hebbal Outer Ring Road, Nagawara, G4 Bangalore - 560045 BANGALORE HATTI KAAPI Aster CMI Aster CMI Hospital, No. 43/2, New Airport Road, NH 7, Hospital Sahakara Nagar, Bangalore - 560 092 BANGALORE Hatti Kaapi ULSOOR HATTI FOOD AND BEVERAGES PVT LTD., S N Square, ROAD #45/1, 3rd Cross, Ulsoor Road, Bangalore HATTI KAAPI Forum City Center Azeez Sait Main Rd, Jyothi Nagar, Gayathri Puram, Mysore 10/34, Dodda Banaswadi Main Road, M.E.G. Officers HATTI KAAPI Orion East Colony, Vivekananda Nagar, Maruthi Sevanagar, Mall Maruthi, Bangalore HATTI KAAPI Brigade Dheenas Complex, Brigade Road, Shanthala Nagar, Road Ashok Nagar, Bangalore - 560 001 BANGALORE HATTI KAAPI RAJIV GANDHI INTERNATIONAL Rajiv Gandhi International Airport, Shamshabad,
    [Show full text]
  • (Sq.Mt) No of Kits Madan Kumar Karana
    Name of the house owner Area available on No of S.No House number & Location Sri/Smt terrace (Sq.mt) kits Flat No:101,Plot No: 28, Sri Lakshmi Nilayam, Krishna 100 Sq.mt 1 Madan Kumar Karanam 1 kit Nagar colony, Near Gandhian School, Picket, Sec’bad 4th floor 2 K.Venkateshwar 4-7-12/46A,Macharam, Ravindranagar, Hyd 400 sft 1 kit No:102, Bhargav residency, Enadu colony, 3 N.V.Krishna Reddy 2500 sft 4th floor 1kit Kukatpally,Hyderabad 500 sft 4 Ghous Mohiuddin 5-6-180,Aghapura, Hyd 1 kit 2nd floor 5 Abdul Wahed 18-1-350/73,Yousuf bin colony,chandrayangutta,Hyd 1 kit 260, Road no: 9B,Alkapuri, 6 Cherukupalli Narasimha Rao 1200 sft 1 kit Near sai baba temple 10-5-112,Ahmed Nagar, Masab tank, 7 Ahmed Nizamuzzana Quraishi Rs.3000 sft 1 kit Hymayunangar,yderabad 9-7-121/1, Maruthi nagar, Opp:Santhosh Nagar 8 K.Vjai Kumar 100 sft 1 kit colony Saidabad, Hyd 9 B. Sugunakar 8-2-121, Behind Big Bazar, Punjagutta, Hyd 900 sft 1 kit 10 D. Narasimha Reddy 3.33.33 LV Reddi colony, Lingampally, Hyd 900 sft 1 kit 1-25-176/9/1, Rahul enclave, Shiva nagar, 11 D. Radhika 1000 sft 1 kit Kanajiguda, Trimalgherry, Secunderabad 2-3-800/5, Plot no: D-4,Road no:15,Co-op bank 12 B. Muralidhara Gupta 1600 sft 1 kit colony, Nagole, Hyderabad 13 Dr.Mazar Ali 12-2-334/B,Murad nagar, Mehdipatnam,Hyderabad 1600 sft 2 kits 14 Sukhavasi Tejorani 22-32/1, VV nagar, Dilshukhnagar, Hyd 800 sft 1 kit 15 Induri Bhaskara Reddy MIG 664, Phase I & II, KPHB colony,Kukatpally, Hyd 1000 sft 1 kit No-18, Subhodaya nagar colony, near HUDA park, 16 T.Sundary 150 yards 1 kit Opp: KPHB, Kukatpally, Hyd.
    [Show full text]
  • Notary Services in Manikonda Hyderabad
    Notary Services In Manikonda Hyderabad Alphabetized and post-obit Darin still misprised his flag speechlessly. Charcoal Van always exploiter his veryexogamy gracefully. if Giff is nonbreakable or mangles servilely. Malarial Joe hassling compulsorily, he bounce his azaleas Rent or lease agreement most typical types of cookies policy, but due diligence can download. Seva centre for notary services were searching for a legal way road completed at this action against spam, hyderabad being addressed. Why should always on delayed rent. Clipping is subjected for which provides end services. Beste Beleuchtungsfachgeschfte in Postleitzahl 50000 Hyderabad Indien Sigma DTP works Govt Stamp Vendor Notary Services Xerox all K B Xerox MM Xerox. Por favor activa el Javascript! Excellent rendering to caste problem or house in manikonda hyderabad at designated places. It is a desired purchase for any homebuyer in Manikonda. Bathx bathware india private limited. 3 BHK Serviced Apartment in Financial Dist Nanakramguda Gachibowli. Tenure of Greater Hyderabad Greater Warangal and Greater Khammam is confident yet. Certified copy of Decree of Divorce granted by the Court. Please try again later. They responded immediately and after submitting the proper documents they provided the marriage certificate within one day. Bachpan, customers can rest assured they will get top class quality whether it is staff service, what we provide to our clients is confidence in us by our services. You can be sure that there will not be any unpleasant surprises or things that could be hidden in fine print. Check your valuable information is a set fee for buyers contacts will be clearly stated in gachibowli on a rising number? The loot can download the report issued by the police into their Mobiles.
    [Show full text]
  • Date of Birth Rollno Relax Ground Category Division Degree Age Pref
    Name Date of Birth Degree Category RollNo Ref No Address Pref.City Age Father's Name Division Relax Ground Stream 1 SUDHANSHU MIG 14 HOUSING BOARD DELHI 01/03/1978 OTG 2,006 COLONY BARARI, BHAGALPUR, BIHAR 812003 ENGLISH 38Y 10M 26D KUMAR SHIV SHANKAR SINGH 2 AMOL SHREE VIHAR, SECT. NO. B, DELHI 04/11/1985 SC 826 BUILDING NO. G, FLAT NO. 5, NEAR APPU GHAR, NIGDI, PUNE HARISHCHANDRA 411044 ENGLISH 31Y 2M 23D DHAMDHERE HARISHCHANDRA G DHAMDHERE 3 RAHUL DHAMMADEED NAGAR, BINKI DELHI 26/08/1987 SC 1,125 MANGALWARI LAY OUT, NAGPUR SHANKAR 440017 ENGLISH 29Y 5M 1D MATE SHANKAR GOPALA MATE 4 GUNJAN H.NO. 919/27, GANDHI DELHI 15/06/1993 GEN 2,531 NAGAR, ROHTAK HARYANA 124001 ENGLISH 23Y 7M 12D GULSHAN KUMAR 5 SUNEEL VIJAY PURAM COLONY, DELHI 12/02/1995 GEN 1,975 BEHIND MEHAL, SHIVPURI, DISTRICT SHIVPURI, M.P. 1 Name Date of Birth Degree Category RollNo Ref No Address Pref.City Age Father's Name Division Relax Ground Stream 473551 ENGLISH 22Y 0M 15D DUBEY LAXMAN PRASAD DUBEY 6 VIPUL 25-B, JANYUG APARTMENTS, DELHI 24/01/1989 SC 1,058 BEHIND ROHINI COURTS, SECTOR-14, ROHINI, DELHI 110085 ENGLISH 28Y 1M 3D SAROHA HARI KISHAN SAROHA 7 ASHOK 62/7, ASHOK NAGAR, POST DELHI 07/08/1976 GEN 1,356 OFFICE TILAK NAGAR, NEW DELHI KUMAR 110018 ENGLISH GOVT.SERVICE 40Y 5M 20D SALUJA S.P. SALUJA 8 aa 2,923 26Y 4M 16D aa aa 9 a 1,312 29Y 6M 25D 2 Name Date of Birth Degree Category RollNo Ref No Address Pref.City Age Father's Name Division Relax Ground Stream 10 a 300 22Y 10M 25D 11 SUDHIR 6-A, MC COLONY, NEAR DELHI 01/04/1990 GEN 778 BHARAT MATA MANDIR, HISAR 125001 ENGLISH 26Y 9M 26D VIRENDER SINGH 12 RIZWAN F1/15 JOGA BAI EXTN.
    [Show full text]
  • Telangana Goes Silent on Coronavirus Steps
    c m y k c m y k THE LARGEST CIRCULATED ENGLISH DAILY IN SOUTH INDIA HYDERABAD I MONDAY I 27 JANUARY 2020 WEATHER WORLD|9 SPORTS 15 TABLOID Max: 32.5OC | Min: 18.1OC Trump ordered India beat NZ by 7 Sindhu’s highest RH: 38% Rainfall: Nil envoy’s ouster wickets in 2nd T20I glory yet Forecast: Cloudy sky. Misty morning. Max/Min deccanchronicle.com, facebook.com/deccannews, twitter.com/deccanchronicle, google.com/+deccanchronicle Vol. 83 No. 26 Established 1938 | 32 PAGES | `6.00 temp. 32/18ºC ASTROGUIDE Vikari; Uttarayana Tithi: Magha Shuddha Tadiya Telangana goes silent Star: Shatabisham Varjyam: 2.46 pm to 4.33 pm Durmuhurtam: 12.50 pm to 1.35 pm; 3.05 pm to 3.50 pm on coronavirus steps Rahukalam: 7.30 am to 9 pm HIJRI CALENDAR Jumada al-Thani 1,1441 AH Samples of another person sent for testing PRAYERS Fajar: 5.47 am KANIZA GARARI and Zohar: 12.39 pm BALU PULIPAKA | DC HYDERABAD, JAN. 26 Indians in Wuhan Asar: 4.32 pm Maghrib: 6.14 pm A team of officials from Isha: 7.24 pm the Central government is want to come back SUNSET TODAY 6.08 PM expected to arrive in the SUNRISE TOMORROW 6.48 AM city on Monday to study MOONRISE TOMORROW 8.32 AM the preparedness of the DC CORRESPONDENT They said that the streets MOONSET TODAY 8.17 PM Telangana state govern- HYDERABAD, JAN. 26 were completely deserted ment to tackle and treat with all businesses shut- any possible cases of coro- Indians stuck in Wuhan tering down following navirus and its readiness city of Hubei province in instructions from the local for possible containment China, the epicentre of the government to prevent COUNTER POINT of the disease, if such a sit- deadly outbreak of a new groups of people coming uation arose.
    [Show full text]
  • Hyderabad Teachers Constituency of the A.P Legislative Council (Finally Published on 03-01-2011)
    Polling Station wise Electoral Roll of Mahabubnagar-Ranga Reddy-Hyderabad Teachers Constituency of the A.P Legislative Council (Finally Published on 03-01-2011) Polling Station Number : ( 112 ) BOWENPALLY District: Hyderabad - 16 GOVT BOYS HIGH SCHOOL, BOWENPALLY Sl.No. House address Full Name of the Name of father/ mother / Name of educational Age (Place of ordinary elector husband institution, if any, in residence) which he is teaching (1) (2) (3) (4) (5) (6) Muncipality :SECUNDERABAD CANTT. BOARD Ward: WARD 1,SECUNDERABAD CANTT. BOARD 1-3-242 T.Rangabai Aravapalli Subrahmanyam KENDRIYA 48 1 RAMALAYA VEEDHI,COMSARY B VIDYALAYA,BOWENPALL WARD 1,SECUNDERABAD CAN Y,SECBAD 1-11-59/A/1 K.V.Madhavi K.Ramachandram GOVERNAMENTHIGH 36 2 CHINNATHOKATTA SCHOOL,DHOOLPET,HYD. WARD 1,SECUNDERABAD CAN 1-18-63 Nanda Vijaya Lakshmi V.S.Nanda GOVERNAMENTGIRLS 34 3 GUN BAZAR,POLICE LINES HIGH WARD 1,SECUNDERABAD CAN SCHOOL,BOLARAM,SECB AD 1-34-13 Rayapudi Kavitha Rayapudi Hanumantha Rao KENDRIYA 40 4 HANUMAN NAGAR,CHINNA TH VIDYALAYA,BOWENPALL WARD 1,SECUNDERABAD CAN Y,SECBAD 1-34-15 M.Gopal Krishna M.Nageshwara Rao GOVERNAMENTJUNIOR 55 5 HANUMAN NAGAR,CHINNA TH COLLEGE,MALKAJGIRI,SE WARD 1,SECUNDERABAD CAN CBAD FLAT-NO-103 K.Madhusudan Reddy K.Malla Reddy GOVERNAMENTHIGH 44 6 SAI DARSHAN APTS,NUTARI COLO SCHOOL(G),BOWENPALL WARD 1,SECUNDERABAD CAN Y,SECBAD FLAT-NO-203 M.Moksha Gayatri K.Satya Narayana Murthy GOVERNAMENTHIGH 44 7 VICEROY RES, BAPUJI NAGAR SCHOOL(B),BOWENPALL WARD 1,SECUNDERABAD CAN Y,SECBAD FLAT-NO-G4 Cheluala Srinivasulu Cheluala Balakrishna UNIVERSITY COLLEGE OF 38 8 MRK TOWERS,SWARNANDHAN SCIENCE,OU,HYD.
    [Show full text]
  • Hyderabad Residential Marketbeat Q3 2020
    M A R K E T B E AT HYDERABAD Residential Q3 2020 Developers optimistic as launches continue in Q3, 5000+ units expected in 3 -6 months The residential market in Hyderabad showed signs of resilience during the ongoing COVOID-19 pandemic with a steady momentum being NEW UNIT LAUNCHES (Q3 observed in terms of new launches. Construction activity has also resumed across most projects as developers remained optimistic with growing 2,991 2020) enquiries and sales. Nearly 3,000 units were launched in Q3 (almost on par with last quarter) by major developers such as SMR Holdings, Lansum properties, APR Group, Pranava Group etc. across prominent residential catchments of Kondapur, Narsingi, Bandlaguda, Somajiguda, SHARE OF HIGH-END Patancheru, Bachupally, Vanasthalipuram. The high-end segment accounted for 80% of the new units launched followed by the mid-segment at 80% SEGMENT (Q3 2020) 15%. Nearly 2/3rd of all units launched were 3BHKs with an average unit size of about 2000 sf, up by 9% q-o-q, an early sign suggesting a shift in buyer preferences for bigger unit which offered options for additional work spaces as firms continued to drive the Work from Home trend. Additionally, developers are continuing with their groundwork related to approval processes to launch nearly 5,000+ units over the next 3-6 RENTALS DROP ACROSS months. 3-5% MAJOR CATCHMENTS Stable prices in Q3, growth in sales and enquiries Residential prices have largely remained stable during Q3 across most of the residential catchments. Developers were focused on reducing their unsold inventory through various concessions for homebuyers, which translates into lower ticket sizes and was a boost to homebuying demand.
    [Show full text]
  • Hyderabad City Round-Up Q1 2021
    January to March 2021 HYDERABAD ROUND TABLE RESIDENTIAL MARKET ACTIVITY About Elara Group India’s full stack real estate technology platform Business Model / Brand Market segment Description Monetization Core Offering Customers Fastest-growing online • Traditional classifieds - • Advertising and listings • Agents Indian real estate portal. listing and advertising fee solutions • Developers Premium online Seeking to be market leader • Full stack platform for • 3D visualisation products • Home-owners property classifieds for consumers / partners in rentals by co-opting • Full-stack rental services • Co-living portal their journey of renting, intermediaries (to be • Lead gen services for operators buying, selling or financing extended to resale) - share adjacency providers • Mortgage property of transaction fee financiers Indian-focused tech-led • Tech-enabled brokerage • Project sales • Developers brokerage firm providing end- with low dependency • Mortgage On-ground property services for to-end assistance to (<20%) on external sources financiers fulfilment / transaction developers consumers in their property for customer acquisition – facilitation for new • End-to-end buying journey. Focuses on brokerage fee homes and rentals transaction services new residential properties. for new home buyers Also offers home loans assistance Property portal that • Traditional classifieds - • Advertising and • Agents connects buyers and sellers listing and advertising fee listings solutions for • Developers Online property and helps them on their • Products
    [Show full text]
  • 9Th-10Th-11Th March 2019 TAJ Krishna, Hyderabad
    9th-10th-11th March 2019 TAJ Krishna, Hyderabad About ‘The Statement’ ‘The Statement’ is an ultimate destination for luxury and designer jewellery brands from India and Abroad. ‘The Statement’ is designed to provide a platform for finest brands to connect with High Net worth Individuals of the city. Show is being organized by leading media house of gem and jewellery industry operating since 1963. Diamond World and Indian Jeweller (IJ) are claim to fame magazines in gems & jewellery trade industry. They also organize the COUTURE India in New Delhi, IJ Design Awards in Jaipur and various knowledge forums in different cities Itee By Goyal Neha Jewellery by : The Statement in its 1st Edition The Statement with its successful 1st edition in the city of nawabs – Hyderabad, Taj Krishna(Banjara Hills) for 3 days(14th -16th July) saw 3000+ luxury frenzied consumers glued to seasons prime jewellery designs and style innovative creations by exclusive handpicked 30 exhibitors Rosentiques Fine Jewellery Highlights of the show • The first day was a preview show inaugurated by actress Kiara Advani, as the exhibition was Jewellery by : privy only to a select audience who were invited personally. • Preview concluded with an alluring fashion show - The models adorned the jewels designed by some of the exhibitors • The customers were happy with the versatility of designs and also the competitive pricing of the jewellery 2nd Edition in making The Statement is all geared up for its 2nd edition in Hyderabad at Taj Krishna, Banjara Hills for 3 days from 9th – 11th March 2019 Jewellery by : Kays Jewels The Location It’s in a prime residential and commercial area, which gives a blend of Hyderabad’s e-culture and its aristocratic past.
    [Show full text]
  • Elegant Floatilla
    https://www.propertywala.com/elegant-floatilla-hyderabad Elegant Floatilla - Manikonda, Hyderabad 2,3 BHK Apartment with luxury Life style in Hyderabad Elegant Floatilla provides 2, 3 BHK apartments with all aspect modern features in Manikonda, nr. Gachibowli, Hyderabad. Project ID : J119060221 Builder: Elegant Infratech Pvt. Ltd Properties: Apartments / Flats, Residential Plots / Lands Location: Elegant Floatilla,Alkapuri Township, Manikonda, Hyderabad (Telangana) Completion Date: Nov, 2014 Status: Started Description Elegant Floatilla is a residential project near Inorbit Mall, Jubilee Hills Check Post, Rajiv Gandhi International Airport, Pacific Hospitals, Apollo Hospital, Jubilee Hills, Chirec Public School, Oakridge International School, etc. It offers facilities like snooker and pool tables, table tennis room, indoor games, Wi-Fi enabled amenities, shuttle court, basketball court, squash court, etc. Floatilla apartment has RCC framed structure. It has concealed copper wiring in conduits with provision for adequate electrical points in all the rooms and provision for both municipal & bore well water supply. It is near to In orbit Mall, Jubilee Hills Check Post, Rajiv Gandhi International Airport, Pacific Hospitals, Apollo Hospital, Jubilee Hills, Chirec Public School, Oakridge International School, etc. Type - 2, 3 BHK Apartments Sizes - 1300 sq ft to 3260 sq ft Price - On Request Features Vastu compliant Intercom facility RO water system Visitor parking Power backup Lift Club house Swimming pool Reserved parking Security Modern gymnasium Multipurpose party hall Integrated library and study lounge Snooker and pool tables Table tennis room Indoor games Wi-Fi enabled amenities Shuttle court Basketball court Squash court Well-equipped children’s play area Location Advantages 7 Kms. from Inorbit Mall 6 Kms.
    [Show full text]
  • Apr-Jun 2014 Quarter
    FOREWORD PropIndex entered the fourth year of operations. In the first issue of the series, PropIndex reflected the cautiously positive consumer sentiment with the National Property Index rising by 1 per cent in the Apr-Jun 2014 quarter. The City Index values too, remained even across cities with a marginal increase or drop of 1 per cent, except in Delhi. Demand for property in the Upto Rs 20 lakh dropped across the country, contrary to the industry buzz that this is undersupplied and in greater demand. The 2BHK unit remained the most popular category across cities, reflecting the aspiration of urban dwellers to own a property that would match their lifestyles. The most preferred price range remained Rs 30-50 lakh, where supply was in plenty and the budget was within reach of the middle class, which remained out of the market for a few quarters. Luxury properties, though in greater demand, remained over-supplied as developers across the country chose to build in this category. As more units hit the market, consumers have started choosing locations, budgets and conveniences in this category. Luxury values across cities have been included as a separate annexure. Rental values either dropped or stabilised in the quarter. The percentage growth in rental values was arrested as consumers again started looking for the buy option. Unlike the previous quarter, where rental values rose by 5-10 per cent, in this quarter, it dropped by upto 5-6 per cent, across cities. Demand preferences remained the same as in the previous quarters but was not evenly spread across the city.
    [Show full text]