Delhi NCR 2019 January-March

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INSITE REPORT dElhi NCR 2019 January-March

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From CBO’s Desk

With sales volume and new launches beginning to improve, Jan-Mar 2019 attested the recovery mode for Indian real estate. Barring Chennai and Kolkata, where demand-supply mismatch Contents and RERA inefficiencies kept the sentiment low, all other metros reported improvement in housing demand and posted marginal hikes in average property values. Interestingly, Hyderabad, riding the From CBO’s Desk Maneesh Upadhyaya Chief Business Officer wave of commercial expansion and competitively priced inventory, 03 CBO’s perspective on current outperformed other cities by scoring a three percent hike in average market sentiment 99acres.com weighted capital ‘asks’, QoQ. Ambiguities pertaining to the exclusion National Outlook of ITC benefits from GST on under-construction units kept prospective 04 Snapshot of real estate ambience buyers uncertain about the real benefit of GST reduction. across top 8 metro cities Noticeably, MMR tops the inventory overhang charts with over Market Indicators 2 lakh residential units waiting for buyers. Delhi NCR follows closely, 05 Changes in capital rates and inventory where around 70 percent of the 1.42 lakh unsold units are located in status QoQ; and rental values YoY Noida and Greater Noida. The total unsold units across top eight Market Movers metros stand at around 6.5 lakh with the least in Hyderabad. 06 News that impacted Delhi NCR's While the sector awaits the results of General Elections realty market in Jan-Mar 2019 2019 and further progress towards PMAY (U), the 99acres Outlook financing crunch faced by a section of builders 07 99acres’ perspective on current could be a serious thorn in an otherwise market sentiment positive outlook for FY 2019-20. Methodology Affordable sector is likely to see Noida, Greater Noida, Ghaziabad The Insite Report by 99acres.com captures new supply which would cater Key highlights - Noida, Gr. Noida and 08 the quarterly capital trends and the annual to the colossal demand in Ghaziabad's Capital and rental market in Jan-Mar 2019 rental analysis of residential apartments the segment. in key real estate markets – Delhi NCR, Mumbai Gurgaon and Faridabad Metropolitan Region (MMR), Bangalore, 10 Key highlights - Gurgaon and Faridabad's Pune, Chennai, Hyderabad, Kolkata and capital and rental market in Jan-Mar 2019 Ahmedabad. In order to assess the prevailing sentiment, the report delves deep into demand Delhi and supply of properties across varied budget 12 Key highlights - Delhi's capital and segments and occupancy stages. While rental market in Jan-Mar 2019 demand is a function of queries received, supply is based on property listings posted on Annexures 14 99acres.com in Jan-Mar 2019. 99acres India’s No.1 Property Portal INSITE : DELHI NCR 5 MARKET INDICATORS

DELHI NCR

NATIONAL OUTLOOK

HOME BUYING SENTIMENT KOLKATA Home buying sentiment remained upbeat; however, uncertainty regarding AHMEDABAD the actual benefit of the revised GST excluding ITC component, and the upcoming General Elections deferred home sales and new launches. 99acres.com data reveals that 45 percent of the demand is for affordable homes priced within Rs 50 lakh. MUMBAI

PROPERTY PRICES PUNE Despite improving sales, property rates maintained status quo in Delhi NCR, Chennai, Pune and Kolkata, and scaled up by a marginal one percent in HYDERABAD Bangalore, Mumbai and Ahmedabad, QoQ. Hyderabad led all cities with a three percent rise in average property values. Improved buying sentiment and trimming unsold inventory might propel prices in the subsequent quarters.

RENTAL LANDSCAPE The rental market gained on account of cautious buyer approach for yet BANGALORE CHENNAI Capital Values another quarter. Excess ready stock in Gurgaon and Greater Noida kept rental Rental Values ‘asks’ under check in Delhi NCR. Other metros reported a three percent uptick in rental values, each, YoY. The growth in the segment is likely to continue for Supply a few more quarters until the capital landscape recovers completely. Increase by 2-4 percent Increase by 0-1 percent SUPPLY Status quo Limited new launches led to improved absorption of residential stock across Decrease by 0-1 percent cities. Unsold inventory levels dipped by 10-20 percent in Delhi NCR, Mumbai, Bangalore and Chennai between H2 2018 and H2 2017. Hyderabad and Decrease by 2-4 percent Ahmedabad saw inventory stock reducing by up to 40 percent. The average ‘quarters to sell’ (QTS) now stand at 10.2, as against 11.2 a year ago. * Capital values represent quarterly change * Rental values represent yearly change * Supply is basis properties listed on 99acres.com 99acres India’s No.1 Property Portal INSITE : DELHI NCR 7

99ACRES OUTLOOK Market Movers An uptick in the property sales momentum in the second half of 2018 continued in the Jan-Mar 2019 quarter in Delhi NCR. While the suburban markets of Gurgaon Noida gets two functional metro lines Infrastructure upgrade takes to and Greater Noida spearheaded the sales charts, the capital city of Delhi displayed a rather dull buyer sentiment in the wake of limited new inventory across zones. The two much-awaited metro routes in the forefront Amidst improving sales, unsold inventory in Delhi NCR dipped to 1.42 lakh Noida – Aqua line linking Noida and Greater Several infrastructure projects were seen units in Q1 2019, 15 percent lower than the 2017-level of 1.66 lakh units. Now, Noida, and the extension of the Blue Line to taking shape in the quarter. While the the quarters to sell (QTS) the residential stock in the city stand at 15, unlike 17 Electronic City – saw the light of the day. government opened an elevated expressway a year ago. The developments are expected to strengthen to the Delhi airport, it also rolled out plans to housing demand in areas falling along the connect Meerut and Faridabad via a high- Under-construction units by reputed builders garnered better response than the route.The metro authority also approved the speed corridor. Additionally, there are plans to preceding months. The revision in the Goods and Services Tax (GST) regime, 104 km-long Phase IV of Delhi metro, extend the Ashram flyover up till DND Flyway however, came as another short-term hurdle in the revival of the segment. In a bid for which the Delhi Development Authority to ease traffic congestion along the stretch. to reap the benefits of reduced GST rates, homebuyers, once again, opted to (DDA) has already allocated a sum of Rs wait until April 2019 to finalise property deals. Ghaziabad and Faridabad regions, 500 crore. Further, the Gurgaon authority New city under wraps in Faridabad which hold the maximum affordable housing inventory across Delhi NCR, bore the progressed in its plan to connect Dwarka As a part of the Panchgram Plan envisioning maximum brunt after the GST rate on the segment was slashed to one percent Expressway by metro. five new cities along the Kundli-Manesar- from eight percent. Palwal (KMP) Expressway, the Haryana UP RERA takes over stuck real government approved the development The addition of over 6,000 new units in H2 2018 paved the way for a rigorous 2019. Gurgaon alone accounted for over 2,000 new unit launches in Jan-Mar 2019, estate projects of a new city in Faridabad. The work especially in New Gurgaon and Dwarka Expressway. Gurgaon and Greater Noida In a first-of-its-kind move, the Uttar Pradesh on the Master Plan is already together accounted for over 75 percent of the new supply added in Delhi NCR in Real Estate Regulatory Authority (UPRERA) underway. The city would be Jan-Mar 2019 and its preceding quarters. With Land Pooling Policy, Transit Oriented took up the construction of seven realty constructed over 56,000 Development (TOD) and expansion of Delhi metro on the cards, the city’s realty is on projects in Noida, Greater Noida region, which hectares of land in a road to recovery. were to be delivered by 2013. The Authority Faridabad. has also resolved over 4,500 complaints, of the total 11,550 cases, till date. Price movement in key micro-markets

LOCALITY AVERAGE ‘ASK’ RATE (PER SQ FT) QOQ CHANGE YOY CHANGE Vaishali 5,100-5,900 -1% 1% Vasundhara 4,300-5,200 -1% -2% Raj Nagar Extension 2,800-3,200 -2% -2% Sector-78, Noida 4,500-5,500 1% 5% Sector-57, Gurgaon 5,900-7,000 -1% -1% Vikas Puri 7,400-9,000 4% 1% Pitampura 9,200-11,9000 3% 1% Paschim Vihar 8,100-10,000 -1% 4% Vasant Kunj 11,900-14,000 -1% 0% Crossings Republik 2,700-3,300 -1% -2%

* Average ‘ask’ rates have been calculated as per listings posted on 99acres.com in the current quarter 99acres India’s No.1 Property Portal INSITE : DELHI NCR 9

NOIDA, KEY HIGHLIGHTS GREATER SUPPLY OF Property demand in Noida remained tepid as debt-laden developers The launch of the two metro lines – Aqua line till Greater Noida and the APARTMENTS struggled to complete pending projects. Greater Noida, however, extension of the Blue line to Electronic City – was touted to be a game-changer DEMAND SUPPLY NOIDA AND reported the maximum sales in the affordable segment (under Rs 50 for the city’s real estate landscape. The metro lines pushed ‘ask’ prices in UC RTM UC RTM lakh), across Delhi NCR. In line with the previous quarters, housing Sectors 73, 77 and 120 in Noida, and Sector Pi, Chi 5 and Mu in Greater Noida GHAZIABAD demand inclined towards ready homes. Transactions, however, by 2-5 percent, QoQ. The progress on the upcoming Jewar Airport, too, was remained meek as nearly 25,000 ready units lacked completion closely watched as investor interest rose in areas along Yamuna Expressway. The impasse in the Noida and certificates from the authorities, dampening buyer sentiment. 92% / 8%

Greater Noida’s real estate sector, Metro connectivity to the far-flung areas helped select micro-markets in Noida 89% / 11% induced by the delayed completion Under-construction units by renowned builders seemed to regain foot and Greater Noida break the two-year long impasse in the rental landscape. 86% / 14% of projects, continued this quarter, across the city, barring Noida and Greater Noida, which continued to Sectors 76, 77, 137 in Noida, and Pi and Chi 5 in Greater Noida saw rental reel under the air of inordinately delayed projects. Demand for under- ‘asks’ going up by 4-8 percent, YoY. too. The newly launched metro lines, 89% / 11% however, gave the much-needed construction homes dwindled further post the GST rate cut to five Ghaziabad emerged as the only region posting negative price movement, fillip to buyer sentiment and led the percent from 12 percent on the segment, which forms over 15 percent albeit minimal. Raj Nagar Extension, which witnessed maximum buyer average weighted prices to post a of the total residential stock in the zone. demand, saw prices slipping by a percent owing to surplus residential stock. nominal one percent hike in Jan-Mar With limited new launches and property sales, the inventory stock 2019 over Oct-Dec 2018. While all remained largely unchanged, QoQ. Sector 150 in Noida, and Sectors 1, Despite lukewarm response from homebuyers, Greater Noida and Ghaziabad eyes are on the progress of Jewar 10, Zeta 1 and Pari Chowk in Greater Noida witnessed the maximum performed the best in Delhi NCR. Both the regions hold an inventory which International Airport, the baton to traction from both developers and buyers. The accumulated inventory, requires 13 quarters to sell, unlike Noida which stands at 14 months and the revival of the market lies in the however, restricted price growth to 1-2 percent, QoQ. Gurgaon, which needs 18 months to exhaust its available residential stock.

hands of the RERA authorities. 23% 19% 24% 22% Jan-Mar 2019 Oct-Dec 2018 8% 8% 8% * Graph depicts the availability of residential apartments wrt other property types, QoQ, along with the distribution of under-construction and ready stock BUDGET-WISE SUPPLY OF PROPERTIES 4% 4% 5%

2% -6% -10% 1% 1% -9% 1% 45% 47% 48% DEMAND SUPPLY 0% 0% 0% 0% -3% -5% -4% -1% -1% -1% -1% 14% 12%

-2% 12% 27% 28% 28% 24% 22% 21% 0% 1% -1% -1% 11% 11% 11%

-6% -1% 6% 1% 5% 4% 10% 42% 42% 36% 36% 37% 11% 9% 23% 25% 23% 10% 10% 12% 5% 5% 4% Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 Within Rs 40 Lakh Rs 40-60 Lakh Rs 60 Lakh - Rs 1 Crore Rs 1-2 Crore Rs 2 Crore and Above

Capital Rental Sector-77, Noida Sector-77, Noida Sector-78, Noida Sector-121, Gr Noida Sector-4, Noida Sector-137, Vaishali Vasundhara Noida Sector-128, Republik Crossing Extension Raj Nagar

* %change represents quarterly capital movement and yearly rental movement * Graph depicts the fluctuation in supply wrt demand for residential properties in various budget categories 99acres India’s No.1 Property Portal INSITE : DELHI NCR 11

GURGAON AND SUPPLY OF KEY HIGHLIGHTS APARTMENTS FARIDABAD UC RTM DEMAND UC RTM SUPPLY Property sales reported an uptick in Gurgaon, especially in the newly upbeat across budget segments owing to a price advantage of almost For the second quarter in a row, launched projects by reputed builders in New Gurgaon and Dwarka 5-10 percent over fresh booking. Gurgaon displayed a positive sales Expressway. Close to 2,000 new units were added to the market in trend. Average weighted capital Jan-Mar 2019. The fast-paced absorption of these units was testimony With the government approving the registry of fourth floor of independent prices, nonetheless, maintained to the regaining buyer confidence in the under-construction market. apartments in Gurgaon, demand for plotted developments surged, QoQ. New status quo. New Gurgaon and Sectors 102, 103 and 111 along the Dwarka Expressway emerged as Gurgaon emerged as the most preferred choice of homebuyers due to the Dwarka Expressway remained at the the top performers with four to five percent rise in ‘ask’ rates, QoQ. availability of competitively priced land parcels. cynosure of all real estate activity The popularity of Dwarka Expressway resurged after the construction The capital market in Faridabad remained stagnant; however, select micro- in the region. Towards Faridabad, work on the highway resumed at eight stretches, instilling hopes of its markets witnessed marginal positive price movement. The far-flung areas

Ballabhgarh metro corridor, 83% / 17% completion in a few more months. of Sector 75, 76 and 77 saw prices appreciating by a nominal 1-2 percent in 84% / 16% which was launched in the 84% / 16% Jan-Mar 2019. The newfound metro connectivity till Ballabhgarh has been 84% / 16% previous quarter, propelled buyer New Gurgaon magnetised homebuyers due to its comparative the prime catalyst driving residential demand in the areas. The metro has sentiment, although property prices affordability to Gurgaon. Sectors 82A, 85, 86 and 90 witnessed healthy also played a vital role in boosting the rental landscape in Neharpar, where remained unimpacted. traction in terms of both new launches and deal conversions. The ‘ask’ rates in these areas surged by 4-5 percent, QoQ. The rental market, Sectors 85, 86 and 87 saw rental ‘asks’ going up by 7-8 percent, YoY. however, is yet to pick up in the area. The Real Estate (Regulation and Development) Act (RERA) remained an Majority new projects in Gurgaon offered homes priced under important factor behind improved consumer sentiment and enhanced Rs 1.2 crore. The luxury segment remained distraught of any new residential sales across the Haryana towns – Gurgaon and Faridabad. 16% 18% 17% 18% However, the slow-paced redressal of complaints and no action on stuck launches due to poor uptake. The resale market, however, remained Jan-Mar 2019 Oct-Dec 2018 projects delayed the revival in the markets.

* Graph depicts the availability of residential apartments wrt other property types, QoQ, along with the distribution of under-construction and ready stock 9%

7% BUDGET-WISE SUPPLY OF PROPERTIES

DEMAND SUPPLY 5%

4% 4% 4% 0% 0% 2%

2% 2% 32% 30% 31% 12% 12% 12%

1% 0% 3% 0%

1% 25% 0% 0% 24% 24% -6% 22% 22% 21% -7% 20% 21% 18% -8% -6% -7% -1% -1% -1% -1% -8% 18% 17% 17% -2% -3% 13% 12% 12% 16% 11% 9% 11% 30% 13% 15% 18% 31% 30% 20% 18%

Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 Within Rs 40 Lakh Rs 40-60 Lakh Rs 60 Lakh - Rs 1 Crore Rs 1-2 Crore Rs 2 Crore and Above Capital Rental Sector-54, Gurgaon Sector-54, Gurgaon Sector-83, Gurgaon Sector-72, Gurgaon Sector-92, Gurgaon Sector-49, IV DLF City Phase V DLF City Phase Gurgaon Sector-70, Country Nirvana Gurgaon Sector-56,

DELHI The Jan-Mar 2019 quarter KEY HIGHLIGHTS remained rather dismal for the real estate landscape of the While the capital market in Delhi maintained status quo in Jan- absence of an Appellate Tribunal to solve buyer complaints continued to be SUPPLY OF capital city of Delhi. Property Mar 2019, vis-à-vis Oct-Dec 2018, the rental landscape improved a dampening force for the market. APARTMENTS sales plateaued, prices became insignificantly by a percent between Jan-Mar 2019 and the same The development of affordable homes remained concentrated towards UC RTM DEMAND UC RTM SUPPLY rigid and new supply was almost quarter last year. the fringes of the city, especially in Kundli, which garnered healthy nil. Dwarka emerged as the only With majority homebuyers eyeing the suburban towns of Gurgaon, buyer traction in the previous quarter post the completion of the region with some real estate Noida and Greater Noida for a potential investment in real estate, Kundli-Manesar-Palwal (KMP) Expressway. Lack of transactions, however, transactions. Infrastructure property sale trends remained sluggish in the capital city. The resulted in a price correction of two percent in Jan-Mar 2019, post a one projects, primarily the metro expanding metro network did little to boost sales, although enquiries percent uptick in Oct-Dec 2018. expansion, remained the only 97% / 3%

reported an uptick in the connected locales such as Mayur Vihar 97% / 3% sentiment propeller. The capital market in Dwarka continued to tread a growth trajectory, albeit at I, II and III. Any noticeable price appreciation in these areas, i.e., 96% / 4% 96% / 4% 1-2 percent, was attributed to owners quoting higher ‘asks’ on account a slower pace than the previous quarter. Sectors 3, 6, 9, 11, 14, and 18, saw of improved metro connectivity. Deals, however, failed to close at an the average weighted capital values going up by a nominal two percent, QoQ. escalated price. The slowdown is primarily attributed to the general dip in property enquiries ahead of the General Elections in April 2019. The rental market, however, Inefficient implementation of the Real Estate (Regulation and continued on the growth path unabatedly with Sectors such as 3, 5, 10, 11, Development) Act (RERA) has been one of the key factors for the 18 and 23 recording a spike in rental ‘asks’ by 6-7 percent, YoY. The surge 14% 17% 15% sluggish real estate growth in Delhi. So far, the Authority has managed of commercial office spaces, close to Dwarka, coupled with its proximity to 13% to register a measly 13 residential projects under Delhi RERA. The Gurgaon has triggered the boom in the rental landscape of the area. Jan-Mar 2019 Oct-Dec 2018

* Graph depicts the availability of residential apartments wrt other property types, QoQ, along with the distribution of under-construction and ready stock

6% 6%

BUDGET-WISE SUPPLY OF PROPERTIES DEMAND SUPPLY

3% 3% 3% 3% 3%

1% 1% 2% 42% -13% 8% 5% 7% 38% 40% 0% 0% -14% -15% 9% -1% -1% 33% 31% 30% 10% 8% -2% -2% -2% -4% -3% -4% 24% 23% 21% 2% 1% 3% -4% 13% 13% 14% 10% 10% 11% 9% 29% 29% 24% 24% 25% 8% 8% 9% 10% 10% 15% 25% 26% 23% 13% 13% -7% Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar Jan-Mar Oct-Dec Jan-Mar 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 2019 2018 2018 Within Rs 40 Lakh Rs 40-60 Lakh Rs 60 Lakh - Rs 1 Crore Rs 1-2 Crore Rs 2 Crore and Above

Capital Rental Sarita Vihar Sarita Patparganj Rohini Sector-24, Pitampura Enclave Vasundhra Alaknanda Vihar - I Mayur Kunj Vasant Vihar Paschim Dilshad Garden

Annexures Annexures

CAPITAL VALUES - DELHI CAPITAL VALUES - DELHI RENTAL VALUES - DELHI CAPITAL VALUES - NOIDA, RENTAL VALUES - NOIDA, CAPITAL VALUES - GHAZIABAD GR NOIDA GR NOIDA Locality Jan-Mar 2019 Locality Jan-Mar 2019 Locality Jan-Mar 2019 Locality Jan-Mar 2019 Locality Jan-Mar 2019 Locality Jan-Mar 2019

Alaknanda 13080 Pitampura 10500 Janakpuri 19 Sector Chi 5, Gr Noida 3720 Sector Chi 5, Gr Noida 10 Abhay Khand 5445 Ashok Vihar 10300 Rajouri Garden 10390 Kalkaji 26 Sector Mu, Gr Noida 3800 Omega I, Gr Noida 8 Ahinsa Khand 1 6000 C R Park 14280 Ramesh Nagar 8910 Lajpat Nagar I 23 Sector ZETA I, Gr Noida 3800 Sector ZETA, Gr Noida 9 Ahinsa Khand 2 4530 Chattarpur 4145 Sarita Vihar 9830 Lajpat Nagar II 29 Sector-1, Gr Noida 3530 Sector-100, Noida 14 Ankur Vihar 2520 Dilshad Garden 7500 Sector-10, Dwarka 8800 Lajpat Nagar IV 28 Sector-100, Noida 5680 Sector-110, Noida 15 Bhopura 3100 Dwarka Mor 4320 Sector-11, Dwarka 9200 Laxmi Nagar 19 Sector-104, Noida 8740 Sector-119, Noida 11 Crossings Republik 3210 Greater Kailash I 17935 Sector-12, Dwarka 8820 Mahavir Enclave 15 Sector-107, Noida 6525 Sector-120, Noida 12 Gyan Khand 2 4160 Greater Kailash II 19500 Sector-14, Dwarka 7400 Malviya Nagar 27 Sector-110, Noida 4970 Sector-121, Noida 13 Kaushambi 5500 Greater Kailash III 17818 Sector-17, Dwarka 7700 Mayur Vihar - I 23 Sector-117, Noida 4745 Sector-128, Noida 15 Mohan Nagar 4650 Green Park 19500 Sector-18, Dwarka 8600 Mayur Vihar - II 21 Sector-118, Noida 4700 Sector-137, Noida 12 Pratap Vihar 3800 Hauz Khas Enclave 22000 Sector-19, Dwarka 8530 Mehrauli 17 Sector-119, Noida 4700 Sector-21, Noida 16 Raj Nagar Extension 3100 I P Extension 10380 Sector-22, Dwarka 9100 New Friends Colony 35 Sector-120, Noida 5200 Sector-25, Noida 15 Rajendar Nagar 4410 Jangpura 19000 Sector-8, Dwarka 7245 Panchsheel Enclave 30 sector-121,Noida 5820 Sector-26, Noida 15 Ramprastha 6280 Jasola 9330 Sector-9, Dwarka 8450 Panchsheel Park 37 Sector-128, Noida 6300 Sector-29, Noida 17 Sahibabad 4200 Jor bagh 54010 Shahadra 5480 Paschim Vihar 18 Sector-129, Noida 4125 Sector-34, Noida 18 Shakti Khand 2 4100 Kailash Colony 16000 Shalimar Bagh 9300 Patparganj 20 Sector-134, Noida 3970 Sector-37, Noida 18 Shakti Khand 3 4320 Kalkaji 11800 Tilak Nagar 5500 Pitampura 20 Sector-137, Noida 5010 Sector-4, Gr Noida 9 Shakti Khand 4 4610 Kirti Nagar 12200 Uttam Nagar 4300 Preet Vihar 17 Sector-150, Noida 5200 Sector-44, Noida 18 Shalimar Garden Extension I 3500 Krishna Nagar 5700 Vasant Kunj 13600 Safdarjung Enclave 26 Sector-151, Noida 3200 Sector-45, Noida 16 Siddhartha Vihar 4000 Kundli 2800 Vasundhra Enclave 8900 Saket 26 Sector-168, Noida 4700 Sector-50, Noida 16 Surya Nagar 5600 Lajpat Nagar II 11990 Vikas Puri 8970 Sarita Vihar 20 Sector-61, Noida 6400 Sector-51, Noida 15 Vaibhav Khand 5240 Lajpat Nagar III 18340 Sector-11, Dwarka 15 Sector-62, Noida 5410 Sector-52, Noida 16 Vaishali 5840 Lajpat Nagar IV 15300 RENTAL VALUES - DELHI Sector-12, Dwarka 14 Sector-70, Noida 4600 Sector-53, Noida 15 Vasundhara 4800 Laxmi Nagar 5929 Sector-13, Dwarka 13 Sector-72, Noida 2875 Sector-61, Noida 15 RENTAL VALUES - GHAZIABAD Mahavir Enclave 5150 C R Park 26 Sector-18, Dwarka 14 Sector-73, Noida 3050 Sector-76, Noida 13 Malviya Nagar 10150 Chattarpur 16 Sector-19, Dwarka 14 Sector-74, Noida 5200 Sector-77, Noida 14 Ahinsa Khand 1 13 Mayur Vihar - I 12060 Defence Colony 40 Sector-22, Dwarka 15 Sector-75, Noida 5050 Sector-78, Noida 13 Ahinsa Khand 2 12 Mayur Vihar - II 10350 Dilshad Garden 17 Sector-23, Dwarka 16 Sector-76, Noida 5340 Sector-82, Noida 12 Crossing Republik 8 Mayur Vihar - III 8450 Dwarka Mor 15 Shahadra 17 Sector-77, Noida 5500 Sector-93 B, Noida 16 Kaushambi 14 Mayur Vihar - III 6710 East of Kailash 25 Tilak Nagar 18 Sector-78, Noida 5496 Sector-Pi, Gr Noida 8 Nyay Khand 1 14 Model Town 11000 Greater Kailash I 31 Uttam Nagar 14 Sector-79, Noida 4870 Raj Nagar Extension 7 Narela 4810 Greater Kailash II 27 Vasant Kunj 26 Sector-82, Noida 5100 Shalimar Garden 12 Okhla 4010 Green Park 31 Vasant Vihar 39 Sector-93, Noida 6800 Vaibhav Khand 13 Paschim Vihar 9500 Hauz Khas 34 Vasundhra Enclave 19 Sector-Pi, Gr Noida 3850 Vaishali 14 Patparganj 10560 I P Extension 20 Vikas Puri 18 Surajpur 3270 Vasundhara 13

*All prices are per sq ft rates *Capital change depicts quarterly alterations in average ‘asks’ *Rental change depicts yearly alterations in average ‘asks’ *All prices are per sq ft rates *Capital change depicts quarterly alterations in average ‘asks’ *Rental change depicts yearly alterations in average ‘asks’ 99acres India’s No.1 Property Portal INSITE : DELHI NCR 17 99acres Annexures India’s No.1 Property Portal CAPITAL VALUES - GURGAON, CAPITAL VALUES - GURGAON, RENTAL VALUES - GURGAON, FIND BEST OPTIONS TO FIND BEST OPTIONS TO FARIDABAD FARIDABAD FARIDABAD BUY, SELL, RENT PROPERTY Locality Jan-Mar 2019 Locality Jan-Mar 2019 Locality Jan-Mar 2019 buy, sell, rent property Ardee City 7150 Sector-57, Gurgaon 7000 Ashoka Enclave 10 Charmwood Village 8760 Sector-58, Gurgaon 10640 Charmwood Village 21 DLF City Phase II 11800 Sector-59, Gurgaon 10700 DLF City Phase I 20 DLF City Phase IV 11060 Sector-60, Gurgaon 8100 DLF City Phase II 24 DLF City Phase V 14000 Sector-61, Gurgaon 8570 DLF City Phase III 23 Malibu Town 7570 Sector-62, Gurgaon 8100 DLF City Phase IV 27 Nirvana Country 7500 Sector-65, Gurgaon 9900 DLF City Phase V 29 Price trends and Sector-75, Faridabad 2850 Sector-66, Gurgaon 8000 Nirvana Country 19 Mobile App property advice Sector-76, Faridabad 2900 Sector-67, Gurgaon 8180 Palam Vihar 18 on Android platform Sector-77, Faridabad 2800 Sector-68, Gurgaon 5700 Sector-86, Faridabad 9 and iOS Sector-78, Faridabad 3300 Sector-69, Gurgaon 5800 Sector-87, Faridabad 9 Sector-102, Gurgaon 5520 Sector-70, Gurgaon 6020 Sector-88, Faridabad 8 Genuine Sector-103, Gurgaon 4740 Sector-71, Gurgaon 6050 Sector-27, Gurgaon 19 Over 8.2 lakh listings with Sector-104, Gurgaon 5870 Sector-72, Gurgaon 7800 Sector-43, Gurgaon 22 property photographs Sector-106, Gurgaon 6070 Sector-77, Gurgaon 5300 Sector-45, Gurgaon 18 listings Sector-107, Gurgaon 4960 Sector-78, Gurgaon 5100 Sector-46, Gurgaon 19 Sector-108, Gurgaon 7700 Sector-80, Gurgaon 5620 Sector-49, Gurgaon 21 Sector-109, Gurgaon 5450 Sector-81, Gurgaon 5555 Sector-50, Gurgaon 19 Sector-111, Gurgaon 6600 Sector-82A, Gurgaon 7550 Sector-51, Gurgaon 17 Sector-112, Gurgaon 5000 Sector-83, Gurgaon 5400 Sector-52, Gurgaon 18 More than Sector-24, Gurgaon 13785 Sector-84, Gurgaon 5120 Sector-54, Gurgaon 21 1.5 lakh Sector-28, Gurgaon 12800 Sector-85, Gurgaon 4600 Sector-55, Gurgaon 14 projects Sector-30, Gurgaon 11600 Sector-86, Gurgaon 5200 Sector-56, Gurgaon 16 Sector-37C, Gurgaon 4570 Sector-89, Gurgaon 3400 Sector-57, Gurgaon 15 Sector-37D, Gurgaon 4550 Sector-90, Gurgaon 4630 Sector-58, Gurgaon 24 Sector-42, Gurgaon 13700 Sector-91, Gurgaon 4200 Sector-70, Gurgaon 15 Sector-45, Gurgaon 7100 Sector-92, Gurgaon 4500 Sector-71, Gurgaon 14 Sector-47, Gurgaon 7300 Sector-93, Gurgaon 4035 Sector-72, Gurgaon 15 Sector-48, Gurgaon 8700 Sector-95, Gurgaon 2870 Sector-78, Gurgaon 12 Sector-49, Gurgaon 7310 Sector-99, Gurgaon 4400 Sector-82, Gurgaon 9 CONTACT US Sector-50, Gurgaon 8950 South City I 10300 Sector-83, Gurgaon 8 0120 4619723 Sector-51, Gurgaon 6080 South City II 8100 Sector-92, Gurgaon 8 Monday - Friday Sector-53, Gurgaon 11696 Sun City 14000 South City 1 18 9:30 AM to 6:30 PM IST Sector-54, Gurgaon 11700 Sushant Lok Phase I 13770 South City 2 17 Email: [email protected] Sector-56, Gurgaon 6400 Sushant Lok Phase II 6900 Sushant Lok Phase - 1 20

*All prices are per sq ft rates *Capital change depicts quarterly alterations in average ‘asks’ *Rental change depicts yearly alterations in average ‘asks’ CONTACT US 0120 4879400 Monday - Friday 930 AM to 630 PM IST Email content99acres.com