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RW Ahmedabad March 17

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RW Ahmedabad March 17 MONTHLY REALTY WATCH Ahmedabad KEY PERFORMANCE INDICATORS March 2017 UP Down No change KEY TRENDS Launches Sales Inventory Prices New launches in Ahmedabad reduced by M-o-M (% change) 58 per cent over the previous month. However, sales registered a growth of 15 58% 15% 1% 0% per cent with nearly 65 per cent contribution from affordable segment Y-o-Y (% change) 58% 36% 10% 2% Localities such as Bopal, Chandkheda, Near Vaishno Devi Circle on SG Highway and Maninagar together accounted for nearly 60 percent of total absorption SECTORWISE M-o-M (% change) witnessed in the city during the month Affordable Mid End Luxury 74% 23% 61% 20% 17% 4% AHMEDABAD Gujarat 2% 3% 1% 0%* 0%* 1%* *Y-o-Y (% change) MONTHLY REALTY WATCH TOP PERFORMING Ahmedabad LOCALITIES March 2017 Gandhinagar Moti Bhoyan Randesan Shantigram Raysan Vadsar Near Vaishno Devi Circle On Ambapur Vaishno SG Highway DeviNear Circle Nirma University on Sanavad SG Highway Chandkheda Rakanpur MOTERA Pardhol Bhadaj CHANDLODIYA Kadadra HANSOL Bilasiya Sardar Patel GHATLODIYA Ring Road Nava Naroda AHMEDABAD Shilaj THAL TEJ MEMNAGAR AIRPORT ASARWA NIKOL Kathwada Pasunj Bopal VASTRAPUR SARASPUR GHUMA ODHAV Bhuvaladi RAMDEV AHMEDABAD NAGAR AMRAIWADI MAKARBA MANINAGAR VASTRAL Maninagar Ahmedabad - Zalod Highway Bakrol ISANPUR Telav Bujrang GIHODASAR VATVA Badrabad Kamod Visalpur Badodara Hirapur Changodar Chosar Map not to Scale 5 4 3 2 1 TOP FIVE LOCALITIES Thaltej Maninagar Near Vaishno Chandkheda Bopal 5,050- 5,450 4,200-5,550 Devi Circle On 3,200-3,400 3,600-3,800 SG Highway 4,100-4,450 (% Contribution to total sales in range during Feb '17) 0-5% 6-10% 11-15% 16-20% Price Range (Rs. per sq. ft.) 1,000 2,000 3,000 4,000 5,000 6,000 MONTHLY REALTY WATCH NEWS & DEALS Ahmedabad CORNER March 2017 Honda India has acquired a 380-acre Mahindra Lifespace Developers has signed an land parcel in Vithalapur, Gujarat, MoU with the Government of Gujarat to worth Rs. 1,000 Crores, to set up a establish a 350-acre multi-product industrial new assembly line park near Ahmedabad KEY NEW LAUNCHES February 2017 Quoted Price Project Name Developer Micro Market Type Launch Units (in Rs per sq ft) Narayan Exotica Shree Narayan Corporation Gurukul A 300 5,000 Skybell Hindva Builders Vastral A 242 2,000 Dev Aashish Divine Abjibapa Buildcon Pvt Ltd Nava Naroda A 180 1,777 Celino Hindva Builders Nikol A 84 3,222 East Brook RS Developers Maninagar A 7 6,666 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 Officers, Employees or Agents and use of the Information is at your sensitivity analysis | in this 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. The Information is not assessment information and do not guarantee/ warranty the accuracy, genuineness guaranteed to be error-free, or to be relied upon for investment or completeness of the information therein. This report contains purposes, and Proptiger or Its Affiliates, Officers, Employees or information available to the public and has been relied upon by Agents make no representation or warranty as to the accuracy, Proptiger on the basis that it is accurate and complete. Information truth, adequacy, timeliness or completeness, fitness for purpose, contained herein should not, in whole or part, be published, title, non-infringement of third party rights or continued availability reproduced or referred to without prior approval. Proptiger accepts of the Information, withdrawal without notice and to any special no responsibility if this should prove not to be the case. Any such conditions imposed by our principals. reproduction should be credited to Proptiger Data labs. ©2017 Proptiger.com All rights reserved.
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