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RW Ahmedabad MONTHLY REALTY WATCH Ahmedabad KEY PERFORMANCE INDICATORS February 2017 UP Down No change KEY TRENDS Launches Sales Inventory Prices Ahmedabad made a strong comeback, with the month of January witnessing M-o-M (% change) around 2,000 residential unit launches as compared to only 50 units launch 3,405% 10% 2% 0% witnessed during the previous month. Majority of the new launches were con- centrated in the affordable segment Y-o-Y (% change) across the prominent localities of Gota, Narolgam and Maninagar 13% 41% 13% 3% Sales in the city increased by 10 per cent on monthly basis. Localities such as Gota, Narolgam, Chandkheda, Bopal and SECTORWISE M-o-M (% change) Maninagar together accounted for 38 percent of total absorption witnessed in the city during the month Affordable Mid End Luxury - 3,529% 2% 11% 8% 7% AHMEDABAD Gujarat 4% 3% 3% 0%* 1%* 1%* *Y-o-Y (% change) MONTHLY REALTY WATCH TOP PERFORMING Ahmedabad LOCALITIES February 2017 Gandhinagar Moti Bhoyan Randesan Shantigram Raysan Vadsar Near Vaishno Devi Circle On Ambapur SG Highway Near Nirma University on Sanavad SG Highway Rakanpur Gota MOTERA Chandkheda Pardhol Bhadaj CHANDLODIYA Kadadra HANSOL Bilasiya Sardar Patel GHATLODIYA Ring Road Nava Naroda AHMEDABAD Shilaj AIRPORT THAL TEJ MEMNAGAR 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 Narolgam Kamod Visalpur Badodara Hirapur Changodar Chosar Map not to Scale 5 4 3 2 1 TOP FIVE LOCALITIES Maninagar Bopal Chandkheda Narolgam Gota 4,200-5,550 3,600-3,800 3,200-3,400 1,900-1,950 3,000-3,150 (% Contribution to total sales in range during Jan '17) 0-5% 6-10% 11-15% 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 February 2017 Ahmedabad Municipal Corporation (AMC) signed 279 MoUs worth more than Rs. 30,000 Crore for undertaking of various realty projects, at the recently held Vibrant Gujarat Summit KEY NEW LAUNCHES January 2017 Quoted Price Project Name Developer Micro Market Type Launch Units (in Rs per sq ft) Karnavati 4 Milan Enterprise Narolgam A 400 1,888 Shreenand City 10 Om Developers Ahmedabad Maninagar A 350 2,111 Shashwat Mahadev 3 Mahadev Vastral A 350 1,977 Rainbow Heights 2 Ratnamani Developers Narolgam A 160 1,722 Elite Greens Elite Group Ahmedabad Gota A 136 3,000 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 LIMITATION OF WARRANTY report | Micro market furnished hereto. This report has been prepared by Proptiger Data The Information is provided “as is”, without warranty of any kind, surveys | Price Labs solely for information purposes. It does not purport to be a it has not been independently verified by Proptiger or Its Affiliates, complete 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 omission in the content of the Information, or for any actions taken faith to be reliable, but Proptiger has not independently verified by you or any third party, in reliance thereon. 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