Beruflich Dokumente
Kultur Dokumente
PropIndex is now in its 4th year and the current issue is the 14th edition of what has
been an excellent round of reporting on the real estate market in India. In this long
period of continuous reporting, we have gathered unmatched data, developed a very
robust micro-level understanding of localities and market forces affecting real estate
and brought valuable industry/expert advice to our users! PropIndex has gone from
strength to strength adding more analytics, insights and diverse views in every
edition. The current edition is no different this time, we have invited editors of
Times Property to share their views on respective cities. Also, weve expanded the
coverage of suburbs across most cities.
This issue of PropIndex reflects the reality of the countrys real estate market i.e. that
the industry and government need to work hard on tangible policies and processes to
woo the buyers back into residential real estate markets. While there was plenty of
demand, it was concentrated in properties in the affordable range as classified by the
Union Budget 2014 (upto Rs 50 lakh) which recorded maximum demand at 37 per cent.
This shows that end users are buying today and spending on current needs without
straining their wallets.
City indices remained fairly stable. The only aberrations were the Delhi City Index
which recorded drop in values in the last two quarters, indicating slow uptake in the
market. The Mumbai Index stabilised and rose 4 per cent in the quarter. Hyderabad
dropped 2 per cent. All others recorded negligible variation. As expected, supply went
up across the cities vis--vis the previous quarter. Clearly, developers are working on
completing projects and winning the confidence of customers.
A growing trend has been the rising demand for housing units priced at Rs 5 crore and
above across Indian cities. In cities such as Mumbai, Delhi and Gurgaon, Rs 1-2 crore
would classify as the mid-segment because of steep rise in property prices. Chennai
entered the premium luxury market with a maximum demand for properties worth
Rs 5-10 crore at 11 per cent. Bangalore and Hyderabad posted 8 and 9 per cent demand.
With property markets fairly stagnant, premium buyers have obviously decided to
take the plunge. Supply still exceeds demand but healthy growth in demand also
spells good news for the industry. A lot of this demand is fuelled by those end users
who wish to upgrade from luxury to premium luxury living, according to
Magicbricks surveys, also translating into the Housing Sentiment Index (HSI) evolved
in collaboration with IIM Bangalore.
Rental markets remained fairly stable over a six-month period. Over 50 per cent
localities recorded a rise in the average rental values, thus nullifying the drop in the
Apr-Jun 2014 quarter. As small investors head for stock markets, property markets
need to up the ante.
Were also delighted to share with you that Magicbricks has won several awards for
excellence in the last quarter we won the Best Property Portal award from
Naredco; the Most Admired Real Estate Website award from Lokmat; our Editor,
E Jayashree Kurup was also adjudged The Journalist of the Year by CIDC. All of
this provides encouragement for us to raise the bar even further. We continue to look
forward to your views and feedback on the current issue of PropIndex. Do write in!
Sudhir Pai
Business Head, Magicbricks.com
METHODOLOGY
Magicbricks PropIndex
Magicbricks PropIndex
is a tool which
empowers property
seekers and investors
with detailed
information on the
movement of residential
apartment prices and
supply of properties in
India. No credible
property index can be a
function of direct values
as the changes are
governed by multiple
factors.
Magicbricks PropIndex
has taken this reality
into account and
produced an index based
on listing of apartments
and their capital and
rental values on the
website.
Magicbricks has over
700,000 active properties
posted by more than
1,40,000 active users in
300 cities and 10,000
localities. Our users
include owners, agents
and developers.
Methodology
Apartment values are
based on listings on
Magicbricks. These
include multi-storey
apartments and single
units on plotted
developments, referred
to as builder floors on
Magicbricks.com.
The Index is structured
in such a way that
individual properties
City Property Index This is a composite index which is a function of supply of properties as well as the
average capital appreciation/drop in various localities of the city in the quarter. The city index is the
weighted average of the average rate per square foot in that locality and the supply of properties from that
locality. Premium localities (with higher average rate per square foot) as well as localities with higher supply
of properties will have a bigger impact on the Index. For example, if the supply of properties from a
premium locality drops, that locality will end up having a lower weightage in the index which in turn will
push the Index downwards (and vice-versa). On the other hand, supply of properties remaining unchanged,
the Index will be influenced by capital appreciation within the locality.
2.
Listed Price Monitor This metric shows the capital appreciation/drop within a locality and is calculated
on the basis of movement in the average rate per square foot within that locality. By and large, the
movement in the average rate per square foot reflects capital appreciation/drop. However, in a few select
cases, we have observed that the average rate per square foot moves due to a change in the mix of apartments
within that locality (e.g. if the ratio of premium apartments, which command a higher per square foot rate,
changes over the quarter). In these few circumstances, the Listed Price Monitor will, in turn, reflect this
input. Such changes have been explained in the text of the City Reports.
3.
Rent Monitor This reflects the rental appreciation/drop within a locality. It is calculated on the basis of
movement in the average rent per square foot within that locality. By and large, the movement in the
average rent per square foot reflects rental appreciation/drop. However, in a few select cases, we have
observed that the average rent per square foot moves due to a change in the mix of apartments within that
locality (e.g. if the ratio of premium apartments, which command a higher per square foot rent, changes over
the quarter). In these few circumstances, the Rent Monitor will, in turn, reflect this input. Such changes have
been explained in the text of the City Reports.
4.
Yield Meter Yield is the annual rate of return earned on property. The Yield Meter depicts the gross yield
percentages across various localities. Gross yield is a ratio of average annual rental value to the average
capital value of the property.
5.
Capital Value Tables (given in Annexures) This shows the actual range of prices within which properties
were available in each locality in the quarter. Prices are shown in Rupees per square foot basis, these are the
prevailing rates for properties in each locality.
6.
Demand Analysis This analysis of consumer demand is based on searches and requirements that users
have performed on Magicbricks.com. The top localities by demand gives an insight into consumer
peferences. The demand data has been used to arrive at various aspects of consumer requirements including
Budget-wise analysis, Property type analysis and BHK configuration analysis. This section also provides a
comparison between demand and supply in the Apr-Jun 2014 and Jul-Sep 2014 quarters.
7.
Realty News Property market performance is also dependent on drivers outside the purview of buying
and selling. There are broadly four key drivers that determine the prospects of real estate infrastructure
such as water and power, transport links creating new growth corridors, policy such as rental laws, property
tax, etc and return on investment. PropIndex also focuses on news bytes that impact future prospects of
real estate in the city.
N OTES
propindex.magicbricks.com
JUL-SEP 2014
n Availability of
properties on rent
registered a drop
across India except
in Ghaziabad
n Demand for
Source: Magicbricks.com
JUL-SEP 2014
In the Jul-Sep 2014 quarter, the
National Property Index recorded
no change, unlike the previous
quarter. This was reflected in the
respective City Indices, where
9 out of 12 cities witnessed minus
2 to plus 1 per cent change. In the
current quarter, supply has gone
up across cities and the average
capital values remained subdued,
indicating a slow real estate.
NPI is a weighted average of
supply and values across cities in
India. Mumbai City Index
recorded a maximum increase by
4 per cent followed by Chennai at
3 per cent. On the other hand,
Delhi City Index recorded
maximum drop of 3 per cent.
Ahmedabad, Coimbatore,
Ghaziabad, Noida and Pune noted
a small rise of 1 per cent and
Kolkata City Index remained
unchanged. On the other hand,
Bangalore and Gurgaon witnessed
a drop of 1 per cent each and
Hyderabad City Index recorded a
drop of 2 per cent.
residential houses
witnessed a rise
across cities. On
the other hand,
demand for
apartments has
shown a small drop
n Bangalore, Pune
IN THIS REPORT:
National Property Index...............1
Delhi.........................................4
Gurgaon...................................12
Noida & Ghaziabad................... 23
Annexures.................................33
Policy Perspective......................37
propindex.magicbricks.com
02
Source: Magicbricks.com
Availability of a number of
units across the city has gone
up between 4-17 per cent.
Hyderabad and Bangalore in
south, Pune in west and Noida
and Gurgaon in north recorded
the maximum rise in stock
Properties worth Rs 30-50 lakh
recorded the maximum demand
at 28 per cent followed by
properties in the budget range
of Rs 50-70 lakh at 21 per cent
Delhi, Mumbai and Gurgaon
recorded almost 20 per cent
demand for properties worth
Rs 2 crore and above
Rank
Q2 Q1
Mumbai
Bangalore
Pune
New Delhi
Hyderabad
Kolkata
Chennai
Gurgaon
Ghaziabad
Noida
10
10
Rank
Q2 Q1
Mumbai
Bangalore
Pune
New Delhi
Chennai
Hyderabad
Gurgaon
Kolkata
Ghaziabad
Noida
10
10
03
propindex.magicbricks.com
30%
25%
21%
20%
16%
16%
15%
5%
0%
10%
7%
10%
2%
Upto Rs 20 Lakh
Rs 20-30 Lakh
Rs 30-50 Lakh
Rs 50-70 Lakh
Rs 70-100 Lakh
Rs 1-2 Crore
Gross Yield
Bangalore, Marathahalli
Kolkata, Banshdroni
Hyderabad, Gachibowli
Ahmedabad, Prahlad Nagar Extn
Delhi, Uttam Nagar
Chennai, Padur
Ghaziabad, Shakti Khand 3
Noida, Sector-92
Pune, Chakan
Mumbai, Parel
Gurgaon, Sushant Lok
5.11%
4.71%
4.48%
4.29%
3.74%
3.70%
3.48%
3.43%
3.36%
3.34%
2.75%
CAPITAL GAINS
The table given below indicates maximum
increase in capital values in each city.
Locality
Source: Magicbricks.com
% Change
10.00%
Ahmedabad, Thaltej
9.29%
9.23%
Chennai, Vadapalani
7.69%
Mumbai, Worli
6.99%
Pune, Bibwewadi
6.83%
Hyderabad, Hafeezpet
5.80%
4.36%
Noida, Sector-70
3.83%
3.53%
DELHI
propindex.magicbricks.com
04
PROPINDEX - DELHI
Editorial
Delhis pools land for
development
The reservation of development with
the Delhi Development Authority in the
1960s. coupled with the various
Master plans made private sector
construction almost impossible. Rising
residential demand has forced the
government to relook the development
plans to allow the private sector
participation in development.
Source: Magicbricks.com
Key Takeaways
l
DELHI
propindex.magicbricks.com
05
RENT MONITOR
0%
Source: Magicbricks.com
Source: Magicbricks.com
l
Y I E L D
M E T E R
Locality
Source: Magicbricks.com
l
Average Rental
Value (Rs/sqft/mth)
Average Capital
Value (Rs/sqft)
Gross
Yield
24.25
21,475
Malviya Nagar
22.50
11,700
1.36%
2.31%
Vasant Kunj
25.00
14,425
2.08%
Greater Kailash I
28.50
19,000
1.80%
Greater Kailash II
25.75
19,725
1.57%
Uttam Nagar
13.25
4,250
3.74%
Kalkaji
24.75
14,475
2.05%
East of Kailash
25.25
17,700
1.71%
Dwarka Sector-6
13.00
9,175
1.70%
Indraprastha Extn
19.00
11,675
1.95%
DELHI
propindex.magicbricks.com
06
PREFERRED LOCALITIES
RENT
SALE
Locality
Uttam nagar
Rank
Q2 Q1
1
1
Dwarka
Capital
Values
3850 to 4950
%age
change
1%
Rank
Q2 Q1
1
1
Locality
Mayur Vihar Ph-I
Rental
Values
19000 to 25000
%age
change
0%
7850 to 9900
2%
Saket
24000 to 31500
1%
Vasant Kunj
23000 to 28500
1%
Vasant Kunj
13100 to 16800
2%
Defence Colony
27000 to 35050
-3%
Dwarka
11000 to 14000
0%
Janakpuri
11550 to 14950
-1%
Malviya Nagar
20500 to 26500
-6%
Saket
16250 to 20750
-3%
Defence Colony
38000 to 51500
-2%
11700 to 15350
3%
Sarita Vihar
17000 to 21000
0%
Paschim Vihar
10
10100 to 12600
-2%
Kalkaji
22500 to 28500
4%
Greater Kailash I
17300 to 22100
0%
Janakpuri
10
14500 to 18500
-3%
Rohini
10
8250 to 10900
-1%
Green Park
10
24500 to 33000
0%
Source: Magicbricks.com
Source: Magicbricks.com
Rs 20-40 Lakh
Rs 40-100 Lakh
Rs 100-200 Lakh
propindex.magicbricks.com
07
DELHI
D E M A N D - S U P P LY A N A LY S I S
Demand for apartments witnessed a drop across the city in the Jul-Sep 2014 quarter. A drop of
6-14 per cent was recorded in different zones during the quarter. Supply also dropped by various
margins across zones in the city. Buyer interest shifted towards residential houses. A rise of
8-12 per cent was noted in demand for these units across different zones. Limited demand and
supply was noted for plotted developments.
Maximum supply was registered for properties priced above Rs 1 crore with 67 per cent
availability. Demand remained low in the category at 37 per cent. Demand (61%) was concentrated
for properties within Rs 20-100 lakh. The 2BHK category remained the preferred configuration.
Budget wise Analysis
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
60
(Apr-Jun 2014)
(Jul-Sep 2014)
60
32
34
27
25
21
20
0
21
19
18
1 2
<20
20-40
40-100
100-200
Figures in percentage(%)
40
42
Source: Magicbricks.com
Figures in percentage(%)
48
40
26 25
20
4 6
200 &
above
<20
13
12 14
20-40
40-100
10
Figures in Rs lakh
100-200
200 &
above
Figures in Rs lakh
80
(Apr-Jun 2014)
(Jul-Sep 2014)
75
60
40
20
15
10 10
100
Figures in percentage(%)
85
91 88
80
60
40
20
6 8
Residential Plot
DEMAND
41
11
14
60
Figures in percentage(%)
(Apr-Jun 2014)
(Jul-Sep 2014)
36
20
47 46
22
1BHK
2BHK
3BHK
4BHK &
above
26
24
23
20
5 7
1BHK
2BHK
3BHK
(Apr-Jun 2014)
(Jul-Sep 2014)
40
4 5
Residential Plot
4BHK &
above
Source: Magicbricks.com
Figures in percentage(%)
60
40
3 4
44 45
(Apr-Jun 2014)
(Jul-Sep 2014)
Source: Magicbricks.com
Figures in percentage(%)
100
SUPPLY
DELHI
propindex.magicbricks.com
08
Q1 Q2
44
77
30
72
Rs 20-40 lakh
31
Rs 40-100 lakh
20
11
23
22
10
7
DEMAND
8
6
Rs 1-2 crore
Rs 2 crore and above
Source: Magicbricks.com
12
Q1 Q2
Q1 Q2
13
94
6
81
7
89
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
Q1 Q2
Q1 Q2
7
44
38
1 BHK
2 BHK
39
14
DEMAND
A slight drop of 3 per cent was noted in the demand for plots while
supply stood stable at 4 per cent. Demand for plots settled at
10 per cent in the current quarter
12
14
SUPPLY
Source: Magicbricks.com
46
3 BHK
14
Over 80 per cent supply in South Delhi was for larger units (3BHK
and 4BHK and Above). While a supply of more than 45 per cent was
recorded for 3BHK units, 35 per cent availability was noted in the
4BHK and Above category
35
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
46
35
SUPPLY
10
86
73
DEMAND
Source: Magicbricks.com
17
SUPPLY
10
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Rs <20 lakh
15
09
propindex.magicbricks.com
DELHI
17
21
43
20
DEMAND
24
23
21
24
27
30
Rs <20 lakh
Rs 20-40 lakh
23
Rs 40-100 lakh
Rs 1-2 crore
19
7
73
Q1 Q2
16
9
6
17
85
9
16
75
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
67
Residential houses
Residential plot
DEMAND
32
Q1 Q2
19
16
29
33
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
46
37
35
2 BHK
3 BHK
17
19
DEMAND
16
SUPPLY
Source: Magicbricks.com
47
31
Supply (19%) kept pace with demand (20%) in the Rs 20-40 lakh
category. However, demand rose by 3 per cent in the current quarter,
while supply fell by 4 per cent. Supply led demand marginally in the
Rs 1-2 crore range
SUPPLY
Source: Magicbricks.com
20
94
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
40
15
Q1 Q2
The 2BHK category was the most preferred with slightly more than
45 per cent demand. Supply, at 35 per cent, fell short by more than
10 per cent in the current quarter. Moderate demand (19%) and
supply (16%) was noted for 1BHK units
DELHI
propindex.magicbricks.com
10
16
12
44
38
33
41
18
21
Rs 40-100 lakh
Rs 1-2 crore
Rs 2 crore and above
16
DEMAND
Rs <20 lakh
Rs 20-40 lakh
19
36
7
12
Q1 Q2
95
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
42
Q1 Q2
13
12
53
48
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
49
2 BHK
31
28
12
DEMAND
Maximum supply (38%) in the zone was noted for properties priced
between Rs 1-2 crore, even though a drop of 6 per cent was noted in
the current quarter
3 BHK
4 BHK & above
6
SUPPLY
Source: Magicbricks.com
46
35
SUPPLY
Demand for the Rs 40-100 lakh category saw a growing trend. A rise
of 6 per cent was noted in buyer interest pushing it to 33 per cent.
Supply remained stable at 19 per cent
93
81
DEMAND
Source: Magicbricks.com
92
94
10
6
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
26
8
20
Q1 Q2
Both demand and supply inched up by 3 per cent for 2BHK units in
the western parts of the city. While nearly 50 per cent buyer interest
was noted for the category, supply settled at 31 per cent
As far as 3BHK units are concerned, a drop of 7 per cent was noted
in demand while supply fell by 5 per cent in the Jul-Sep 2014 quarter.
Demand settled at a healthy 35 per cent while supply led demand by
13 per cent with 48 per cent availability
11
propindex.magicbricks.com
DELHI
37
20
21
24
49
40
Rs <20 lakh
Rs 20-40 lakh
38
Rs 40-100 lakh
26
22
25
18
18
8
DEMAND
11
Rs 1-2 crore
Rs 2 crore and above
9
16
Q1 Q2
94
8
88
75
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
DEMAND
38
Q1 Q2
9
44
41
50
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
2 BHK
40
3 BHK
4 BHK & above
15
DEMAND
More than 10 per cent rise was noted in demand for residential
houses. Demand in the segment jumped from 4 to 16 per cent in the
Apr-Jun 2014 quarter. Supply also witnessed an upward trend to
settle at 8 per cent
Exactly half of the total demand in East Delhi was for 2BHK units
while supply remained almost unchanged in the last six months at
40 per cent
Both demand and supply dropped for 3BHK units. While demand
settled at 32 per cent, a drop of 6 per cent from the previous quarter,
supply stood at 41 per cent as compared to 44 per cent noted in the
previous quarter
A rise of 5 per cent was noted in demand for 1BHK units while
supply inched up by 2 per cent. Larger units (4BHK and Above) was
found to be over-supplied with supply leading demand by 9 per cent
12
1 BHK
42
10
7
SUPPLY
Source: Magicbricks.com
50
32
Both demand and supply dropped for properties worth Rs 1-2 crore.
While demand (20%) dropped by 17 per cent, supply fell by 9 per cent
to settle at 40 per cent
SUPPLY
Source: Magicbricks.com
89
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
17
Q1 Q2
GURGAON
propindex.magicbricks.com
12
PROPINDEX - GURGAON
Editorial
Gurgaon Realty Trends
Gurgaon is a prime investment and
residential destination because of
proximity to Delhi and the international
airport and the rapid pace of
development.
To keep improving the availability of
new land parcels for development, the
Haryana government is also investing
heavily in infrastructure.
Source: Magicbricks.com
Key Takeaways
l
13
GURGAON
propindex.magicbricks.com
RENT MONITOR
0%
Source: Magicbricks.com
l
Source: Magicbricks.com
l
Y I E L D
M E T E R
Locality
Average Rental
Value (Rs/sqft/mth)
Average Capital
Value (Rs/sqft)
Gross
Yield
Source: Magicbricks.com
Sector-54
18.00
11,950
1.81%
22.75
13,175
2.07%
24.00
11,925
2.42%
Sushant Lok
21.00
9,175
2.75%
Sector-56
14.50
7,825
2.22%
Vatika City
15.75
9,950
1.90%
Sector-52
13.25
6,875
2.31%
21.50
11,625
2.22%
Sector-57
14.50
8,150
2.13%
20.00
10,150
2.36%
GURGAON
propindex.magicbricks.com
14
PREFERRED LOCALITIES
RENT
SALE
Locality
Sohna Road
Rank
Q2 Q1
1
1
Capital
Values
7650 to 9900
%age
change
-1%
Rank
Q2 Q1
1
1
Locality
Sohna Road
Rental
Values
14500 to 18000
%age
change
0%
20500 to 27000
1%
Sector-56
13000 to 17000
-2%
3%
19500 to 25000
10%
9250 to 11750
3%
21000 to 27500
8%
7700 to 9650
2%
22000 to 27500
4%
12600 to 14250
1%
Nirvana Country
15000 to 18000
2%
Dwarka Expressway
4700 to 6200
1%
Palam Vihar
14000 to 18000
2%
Sector-82
4650 to 6200
-1%
Sushant Lok-I
10
18000 to 24000
0%
Nirvana Country
10
8500 to 10100
0%
10
20500 to 26500
-1%
12100 to 14900
1%
Palam Vihar
7300 to 9250
1%
Sector-56
7250 to 8850
Source: Magicbricks.com
Source: Magicbricks.com
Rs 40-60 Lakh
Rs 60-100 Lakh
Rs 100-200 Lakh
propindex.magicbricks.com
15
GURGAON
D E M A N D - S U P P LY A N A LY S I S
Apartments were the most active category with more than 70 per cent demand and supply.
Demand for residential houses bumped up by 6 per cent in the Jul-Sep 2014 quarter. Both demand
and supply of properties priced up to Rs 60 lakh remained subdued.
Larger homes remained over-supplied in the city during the current quarter. This was reflected in
the excess supply of properties in the Rs 2 crore and above category. The 4BHK and Above
category was over-supplied by 15 per cent. Even though 3BHK units were the most preferred, a
healthy demand was noted for 2BHK units as well. However, supply for the same fell short by
13 per cent in the current quarter.
Budget wise Analysis
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
37
31
30
25
23 24
20
10
0
<40
8
4
40-60
60-100
100-200
Figures in percentage(%)
39
40
40
34 34
30
30 30
26 25
20
10
0
200 &
above
6 6
4 5
<40
40-60
60-100
Figures in Rs lakh
100-200
40
27
17
12
Figures in percentage(%)
67 71
100
(Apr-Jun 2014)
(Jul-Sep 2014)
81 80
80
60
40
20
12 13
7 7
Residential Plot
Source: Magicbricks.com
Figures in percentage(%)
(Apr-Jun 2014)
(Jul-Sep 2014)
60
SUPPLY
100
Figures in Rs lakh
DEMAND
20
200 &
above
80
(Apr-Jun 2014)
(Jul-Sep 2014)
50
Source: Magicbricks.com
Figures in percentage(%)
50
Residential Plot
40
30
(Apr-Jun 2014)
(Jul-Sep 2014)
34
12 11
20
60
52 51
Figures in percentage(%)
55
40
1BHK
2BHK
3BHK
4BHK &
above
26 26
20 21
20
3 5
(Apr-Jun 2014)
(Jul-Sep 2014)
2 2
1BHK
2BHK
3BHK
4BHK &
above
Source: Magicbricks.com
Figures in percentage(%)
60
SUPPLY
GURGAON
propindex.magicbricks.com
16
17
20
16
33
30
26
26
25
27
24
13
7
11
7
DEMAND
7
16
8
25
Rs <40 lakh
Rs 40-60 lakh
Rs 60-100 lakh
Rs 1-2 crore
Rs 2 crore and above
14
78
9
80
81
71
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
Q1 Q2
Q1 Q2
9
50
22
51
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
2 BHK
37
3 BHK
22
The 3BHK category was the most popular along Sohna Road. The
category witnessed a demand of 47 per cent, a drop of 3 per cent
from the previous quarter. Supply also dropped by 2 per cent to
settle at 51 per cent, the highest among all categories
17
27
9
SUPPLY
Source: Magicbricks.com
53
DEMAND
SUPPLY
36
A drop of 4 per cent was also witnessed in the Rs 1-2 crore range for
both demand and supply. Demand settled at 33 per cent while supply
stood at 26 per cent
24
Source: Magicbricks.com
11
7
47
Q1 Q2
19
DEMAND
Both demand and supply saw a decline for properties priced above
Rs 1 crore. The Rs 2 crore and Above category witnessed a drop of
4-5 per cent in demand and supply
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
37
Q1 Q2
17
propindex.magicbricks.com
GURGAON
27
29
30
37
39
15
35
33
29
23
10
10
7
DEMAND
Rs <40 lakh
Rs 40-60 lakh
Rs 60-100 lakh
19
11
18
7
7
8
6
SUPPLY
Rs 1-2 crore
Rs 2 crore and above
Q1 Q2
31
28
26
26
18
27
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
17
43
54
47
37
Residential house
Residential plot
DEMAND
Source: Magicbricks.com
46
94
38
Q1 Q2
23
26
46
44
54
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
2 BHK
3 BHK
24
11
10
DEMAND
Both demand and supply in the Rs 1-2 crore moved up by 2 per cent
in the current quarter. While demand stood 35 per cent, supply was
recorded to be 39 per cent
25
7
SUPPLY
Source: Magicbricks.com
46
32
SUPPLY
A significant drop of 12 per cent was noted in the demand for high
end properties priced above Rs 2 crore. As compared to the
27 per cent demand recorded in the Apr-Jun 2014 quarter, demand
settled at 15 per cent in the Jul-Sep 2014 quarter. Supply (30%) led
demand by 15 per cent
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
Q1 Q2
Demand dropped in all categories except for the 2BHK units. A rise
of 8 per cent was noted in the demand for these which settled at
54 per cent. Supply for the same stood unchanged at 25 per cent in
the Jul-Sep 2014 quarter
Both demand and supply dropped for 3BHK units. While demand
stood at 32 per cent, a drop of 6 per cent from the previous quarter,
supply dropped marginally by 2 per cent to settle at 44 per cent
GURGAON
propindex.magicbricks.com
18
Q1 Q2
43
47
32
47
38
Rs 1-2 crore
20
14
DEMAND
Rs 60-100 lakh
10
11
Source: Magicbricks.com
40
Rs 40-60 lakh
37
7
55
Q1 Q2
22
20
19
14
8
72
11
64
70
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
DEMAND
12
58
52
Q1 Q2
33
50
1 BHK
2 BHK
3 BHK
30
6
DEMAND
Demand for 2BHK units inched up by 5 per cent in the Jul-Sep 2014
quarter to settle at 30 per cent. Supply remained unchanged at
13 per cent, registering a short fall of 17 per cent
35
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
52
25
13
SUPPLY
Source: Magicbricks.com
14
SUPPLY
Source: Magicbricks.com
38
94
SUPPLY
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Rs <40 lakh
38
19
propindex.magicbricks.com
GURGAON
36
33
10
31
8
30
Rs <40 lakh
41
36
48
44
Rs 40-60 lakh
Rs 60-100 lakh
Rs 1-2 crore
13
7
8
DEMAND
9
9
SUPPLY
16
Q1 Q2
12
6
82
91
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
DEMAND
59
7
48
13
57
54
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
2 BHK
3 BHK
28
32
SUPPLY
Source: Magicbricks.com
14
41
DEMAND
In the last six months, demand for apartments along the Dwarka
Expressway remained stable at slightly more than 82 per cent.
Supply at 94 per cent inched up by 3 per cent and to lead demand by
12 per cent
Q1 Q2
1 BHK
34
SUPPLY
94
Source: Magicbricks.com
94
82
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
12
Q1 Q2
A drop of 11 per cent was noted in the demand for 3BHK units while
supply dropped by 4 per cent to settle at 54 per cent. Demand inched
up in the 4BHK and Above category to settle at 7 per cent. Supply led
demand by 6 per cent
GURGAON
propindex.magicbricks.com
20
34
29
31
29
45
40
44
46
Rs <40 lakh
Rs 40-60 lakh
Rs 60-100 lakh
17
26
Rs 1-2 crore
24
17
DEMAND
90
Q1 Q2
7
90
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Residential house
Residential plot
15
58
57
Q1 Q2
31
51
1 BHK
2 BHK
3 BHK
26
DEMAND
Most of the activity along the Golf Course Extension Road was
concentrated in the apartment segment. This category garnered the
maximum demand at 90 per cent while supply settled at 93 per cent,
a rise of 3 per cent from the previous quarter
18
Supply for larger units of 4BHK and Above was found to be twice as
that of the existing demand in the category. While demand dropped
3 per cent this quarter to settle at 15 per cent, supply stood at
30 per cent in this quarter
30
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
50
23
With nearly 45 per cent demand and supply, Rs 1-2 crore budget
range was the most active. A considerable over-supply of 7 per cent
was noted for properties priced at Rs 60-100 lakh. Demand in the
category stood at 17 per cent
18
SUPPLY
Source: Magicbricks.com
18
SUPPLY
Both demand and supply for properties priced above Rs 2 crore saw
a negative trend. Demand dropped by 5 per cent to settle at
29 per cent similar to supply which saw a drop of 2 per cent
93
Apartment
DEMAND
Source: Magicbricks.com
93
94
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
Q1 Q2
21
propindex.magicbricks.com
GURGAON
57
56
27
23
52
54
Rs <40 lakh
Rs 40-60 lakh
Rs 60-100 lakh
Rs 1-2 crore
7
DEMAND
17
19
93
Q1 Q2
91
Apartment
Residential house
Residential plot
8
55
7
50
12
54
54
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
41
3 BHK
31
33
SUPPLY
Source: Magicbricks.com
14
2 BHK
DEMAND
Q1 Q2
1 BHK
36
SUPPLY
Both demand and supply for the Rs 1-2 crore segment witnessed a
negative trend. Demand dropped to 26 per cent as opposed to
31 per cent noted in the previous quarter. Supply also dropped by
4 per cent to settle at 23 per cent
93
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
DEMAND
Source: Magicbricks.com
8
91
The Rs 40-100 lakh category remained the most active budget range
with almost 55 per cent demand and supply noted in the Jul-Sep 2014
quarter. Supply inched up by 2 per cent as compared to the
Apr-Jun 2014 quarter
SUPPLY
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
31
Q1 Q2
Even though a slight drop of 5 per cent was noted in the 3BHK
category, it remained the most preferred configuration with
50 per cent demand. Supply in the category led demand by 4 per cent
and settled at 54 per cent
A modest demand of 7 per cent was noted in the 4BHK and Above
category while supply in the category was 12 per cent, a drop of
2 per cent from the previous quarter
GURGAON
propindex.magicbricks.com
22
Q1 Q2
16
47
64
7
20
56
39
Rs <40 lakh
Rs 40-60 lakh
Rs 60-100 lakh
22
Rs 1-2 crore
24
13
6
DEMAND
14
11
22
68
8
70
Q1 Q2
9
86
82
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential plot
7
54
39
24
2 BHK
3 BHK
36
SUPPLY
Source: Magicbricks.com
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
42
10
17
67
DEMAND
Q1 Q2
65
14
SUPPLY
9
9
Residential house
DEMAND
Source: Magicbricks.com
29
6
SUPPLY
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
14
23
propindex.magicbricks.com
PROPINDEX - NOIDA-GHAZIABAD
NOIDA-GHAZIABAD
Editorial
Enough land, plenty of
activity and drivers
Greater Noida, located in the Gautam
Buddh Nagar district of Uttar Pradesh,
has abundant landat competitive
rates tooand good connectivity. This
has boosted the pace of real estate
development in this region.
Source: Magicbricks.com
The City Indices for both Noida and Ghaziabad, which was
stable in the previous quarter, rose by 1 per cent during the
Jul-Sep 2014 quarter. The Listed Price Monitor in Noida
remained unchanged while in Ghaziabad it registered a rise of
3 per cent in the current quarter.
Key Takeaways
Noida
l
Ghaziabad
l
NOIDA-GHAZIABAD
propindex.magicbricks.com
24
R E NT M ONIT OR - No id a
0%
Source: Magicbricks.com
Source: Magicbricks.com
Source: Magicbricks.com
Average Rental
Value (Rs/sqft/mth)
Average Capital
Value (Rs/sqft)
Gross
Yield
Sector-50
17.50
7,650
2.75%
Sector-82
13.25
6,125
2.60%
Sector-62
15.25
6,325
2.89%
Sector-44
18.75
11,050
2.04%
Sector-61
17.00
7,475
2.73%
Sector-92
22.00
7,700
3.43%
Sector-93
15.50
7,400
2.51%
Sector-93B
17.50
7,675
2.74%
Sector-82
13.25
6,125
2.60%
Sector-29
16.50
7,925
2.50%
propindex.magicbricks.com
25
NOIDA-GHAZIABAD
SALE
Locality
Sector-50
Rank
Q2 Q1
2
1
Capital
Values
7050 to 8700
%age
change
-2%
Rank
Q2 Q1
1
1
Locality
Sector-62
Rental
Values
14000 to 17500
%age
change
-2%
Sector-76
4800 to 5350
1%
Sector-50
16000 to 20000
0%
Sector-137
4850 to 5450
2%
Sector-82
12000 to 15500
0%
Sector-63
3700 to 4800
-10%
Sector-61
15500 to 19500
5%
Sector-78
5050 to 5850
3%
Sector-37
15500 to 19500
3%
Sector-62
5800 to 7250
1%
Sector-44
17000 to 22000
4%
Sector-100
5800 to 6750
2%
Sector-19
16000 to 25000
-10%
Sector-120
4950 to 5750
2%
Sector-93
14000 to 18000
-2%
Sector-73
2400 to 3250
-10%
Sector-52
10
15000 to 19000
-2%
Sector-110
10
5300 to 6300
-1%
Sector-120
10
11000 to 14000
-2%
Source: Magicbricks.com
Source: Magicbricks.com
Rs 20-40 Lakh
Rs 40-60 Lakh
Rs 60-100 Lakh
NOIDA-GHAZIABAD
propindex.magicbricks.com
26
Source: Magicbricks.com
Source: Magicbricks.com
3%
l
Y I E L D
M E T E R
G h a z i a b a d
Locality
Source: Magicbricks.com
Average Capital
Value (Rs/sqft)
Gross
Yield
Indirapuram
12.75
5225
2.93%
Vaishali
13.25
5425
2.93%
Vasundhara
10.50
5000
2.52%
7.00
3725
2.26%
13.75
6325
2.61%
7.25
3175
2.74%
12.50
5775
2.60%
9.50
3975
2.87%
Shakti Khand 3
12.75
4400
3.48%
Neeti Khand 1
13.50
4700
3.45%
Crossings Republik
Kaushambi
Raj Nagar Extension
Ahinsa Khand-1
Shalimar Garden Extn-1
Average Rental
Value (Rs/sqft/mth)
propindex.magicbricks.com
27
NOIDA-GHAZIABAD
SALE
Locality
Indirapuram
Rank
Q2 Q1
1 1
Capital
Values
4750 to 6100
%age
change
-2%
Capital
Rank
Values
Q2 Q1
1 1 11500 to 14500
Locality
Indirapuram
%age
change
-2%
Vaishali
4950 to 6300
4%
Crossings Republik
6500 to 8000
4%
Crossings Republik
3500 to 4150
4%
Vaishali
12000 to 15500
4%
2950 to 3600
-3%
Vasundhara
9500 to 12000
0%
Vasundhara
4600 to 5700
0%
6500 to 8500
-3%
Govindpuram
2350 to 3000
10%
Kaushambi
12500 to 16000
0%
3650 to 4550
-3%
Abhay Khand
12500 to 16000
4%
Kaushambi
5800 to 7300
0%
Sahibabad
6500 to 9500
-10%
Lal Kuan
2250 to 2900
0%
Pratap Vihar
9500 to 10000
10%
Pratap Vihar
10
3900 to 4850
10%
Mohan Nagar
10 10
9000 to 10500
-10%
Source: Magicbricks.com
Source: Magicbricks.com
Rs 20-40 Lakh
Rs 40-70 Lakh
Rs 70-100 Lakh
NOIDA-GHAZIABAD
propindex.magicbricks.com
28
D E M A N D - S U P P LY A N A LY S I S -
Noida
Demand for properties worth Rs 60 lakh and Above saw a drop in the Jul-Sep 2014 quarter while
the supply remained more or less stable. The Rs 60-100 lakh category registered a drop of
8 per cent while Rs 100 lakh and Above category saw a drop of 7 per cent.
Smaller units (1 and 2BHK) remained under-supplied while larger units (3BHK and Above) saw an
over-supply. Demand (53%) for 2BHK apartments was maximum in the city while its supply was
39 per cent. Supply for 3BHK units led its demand by 8 per cent. An over-supply of 10 per cent was
noted in the 4BHK and Above category in the present quarter.
Budget wise Analysis
37
32
30
25
22
20
13
10
1
<20
16
6
20-40
40-60
60-100
Figures in percentage(%)
40
40
34 33
32 33
30
20
20
10
0
100 &
above
5 7
<20
18
9 9
20-40
40-60
60-100
Figures in Rs lakh
40
20
0
Figures in percentage(%)
Figures in percentage(%)
60
100
14 10
5 8
Apartment Residential House
87
80
60
40
20
8 9
5 7
Residential Plot
36
32
20
7
11
1BHK
60
Figures in percentage(%)
40
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
52 53
2BHK
3BHK
4BHK &
above
40
42
39
40
20
12
6 7
(Apr-Jun 2014)
(Jul-Sep 2014)
40
5 4
1BHK
2BHK
3BHK
14
4BHK &
above
Source: Magicbricks.com
Figures in percentage(%)
60
Residential Plot
(Apr-Jun 2014)
(Jul-Sep 2014)
84
Source: Magicbricks.com
80
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
Figures in Rs lakh
DEMAND
81 82
100 &
above
l
(Apr-Jun 2014)
(Jul-Sep 2014)
50
45
Source: Magicbricks.com
Figures in percentage(%)
50
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
29
propindex.magicbricks.com
NOIDA-GHAZIABAD
Q1 Q2
20
10
17
45
43
41
Rs <20 lakh
Rs 20-40 lakh
25
28
Rs 40-60 lakh
25
20
12
6
DEMAND
11
11
9
6
SUPPLY
Rs 60-100 lakh
Rs 1 crore and above
7
89
Q1 Q2
91
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
DEMAND
36
Q1 Q2
6
44
7
41
54
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
1 BHK
42
42
2 BHK
3 BHK
4 BHK & above
6 13
DEMAND
The supply for Rs 20-40 lakh category remained stable at 11 per cent.
Its demand increased by 6 per cent and stood at 12 per cent. Supply
for Upto Rs 20 lakh was 9 per cent while its demand was 3 per cent in
the present quarter
Demand for residential plots led its supply by 2 per cent. The
category saw 7 per cent demand and 5 per cent supply in the zone in
the current quarter
8 10
SUPPLY
Source: Magicbricks.com
56
30
SUPPLY
92
Source: Magicbricks.com
8
90
Demand for the Rs 60-100 lakh category dropped by 10 per cent in the
current quarter and stood at 43 per cent. It was closely followed by
supply at 41 per cent, a dip of 4 per cent from the previous quarter
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
53
14
An under-supply of 12 per cent was noted for 2BHK units in the zone
in the Jul-Sep 2014 quarter. The category saw 54 per cent demand, a
dip of 2 per cent from the previous quarter, while its supply
remained unchanged at 42 per cent
A rise of 7 per cent was noted in the demand of 1BHK units, which
stood at 13 per cent. The category saw 10 per cent supply in the
current quarter
NOIDA-GHAZIABAD
propindex.magicbricks.com
30
35
30
34
35
44
38
32
32
19
17
Rs <20 lakh
Rs 20-40 lakh
Rs 40-60 lakh
19
14
11
6
DEMAND
9
7
SUPPLY
10
Rs 60-100 lakh
Rs 1 crore and above
Q1 Q2
12
11
78
6
82
84
83
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
Residential house
Residential plot
DEMAND
6
40
7
39
16
47
47
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
2 BHK
32
32
3 BHK
4 BHK & above
SUPPLY
Source: Magicbricks.com
16
45
9
7
DEMAND
Supply for the Rs 40-60 lakh category was 19 per cent, a rise of
5 per cent in the present quarter, while its demand was 17 per cent.
The Rs 20-40 lakh category saw 11 per cent demand and 9 per cent
supply in the current quarter
Q1 Q2
1 BHK
47
Demand for the Rs 100 lakh and Above category saw a drop of
5 per cent and stood at 30 per cent. Supply for the same increased
marginally by 1 per cent to stand at 35 per cent
SUPPLY
13
Source: Magicbricks.com
19
While the supply remained stable for the Rs 60-100 lakh category in
the Jul-Sep 2014 quarter, demand for the same dropped by 6 per cent.
The category saw 38 per cent demand and 32 per cent supply
l
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Source: Magicbricks.com
Q1 Q2
A mismatch of 13 per cent was noted in the demand and supply for
2BHK units in the zone in the current quarter. While the category
saw 45 per cent demand, its supply was 32 per cent
31
propindex.magicbricks.com
NOIDA-GHAZIABAD
Q1 Q2
57
72
28
77
Rs 40-60 lakh
24
17
9
16
DEMAND
Rs 60-100 lakh
14
Source: Magicbricks.com
Rs 20-40 lakh
29
Q1 Q2
12
10
18
16
12
16
20
38
76
74
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Apartment
62
46
Residential house
Residential plot
Q1 Q2
Q1 Q2
7
41
40
Demand for the Rs 40-60 lakh category was 24 per cent while its
supply was merely 3 per cent. A similar mismatch was observed in
the Rs 20-40 lakh category, where demand was 4 per cent
Both demand and supply for plots dipped by 2 per cent over the
previous quarter. The category noted 16 per cent demand and
10 per cent supply
32
2 BHK
3 BHK
22
18
10
SUPPLY
Source: Magicbricks.com
1 BHK
35
While the supply of 1BHK units remained stable at 3 per cent, its
demand increased by 6 per cent and stood at 10 per cent
Demand (33%) and supply (32%) for 3BHK units was almost
corresponding in the zone. An over-supply of 43 per cent was
witnessed in the 4BHK and Above categories. The category saw
47 per cent supply while its demand was merely 4 per cent
47
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
48
DEMAND
SUPPLY
53
Source: Magicbricks.com
Q1 Q2
33
SUPPLY
DEMAND
Maximum supply of 77 per cent was noted for the Rs 100 lakh and
Above category in Old Noida. However, demand fell short of its
supply by 49 per cent. The category saw a drop of 29 per cent in
demand in the present quarter
Q1 (Apr-Jun 2014)
Q2 (Jul-Sep 2014)
Rs <20 lakh
31
NOIDA-GHAZIABAD
propindex.magicbricks.com
32
D E M A N D - S U P P LY A N A LY S I S -
Ghaziabad
Rs 40-70 lakh category was most preferred in Ghaziabad, as in the previous quarter. Supply fell
short of its demand by 10 per cent in the present quarter. Similar mismatch in demand and supply
was observed in all other categories
An under-supply of 7 per cent was noted in 2BHK units. While demand for 2BHK category stood at
54 per cent, its supply was 47 per cent. An over-supply of 6 per cent was witnessed in the 3BHK
category. Supply for the 4BHK and Above category led its demand by 3 per cent. Demand for
residential houses saw a rise of 6 per cent, while supply was marginal at 2 per cent
Budget wise Analysis
SUPPLY
(Apr-Jun 2014)
(Jul-Sep 2014)
42 43
30
22
21
20
20
19
16
15
10
0
1 1
<20
20-40
40-70
70-100
40
36
33
36
33
30
20
10
0
100 &
above
12 13
11
<20
20-40
40-70
Figures in Rs lakh
70-100
10
100 &
above
Source: Magicbricks.com
Figures in percentage(%)
40
DEMAND
60
40
20
12
100
Figures in percentage(%)
(Apr-Jun 2014)
(Jul-Sep 2014)
80
92
80
60
40
20
Residential Plot
7 10
1 2
Apartment Residential House
DEMAND
15
60
Figures in percentage(%)
(Apr-Jun 2014)
(Jul-Sep 2014)
54
28 28
12
40
1 BHK
2 BHK
3 BHK
4BHK &
above
35 34
20
12 13
5 6
1 BHK
2 BHK
(Apr-Jun 2014)
(Jul-Sep 2014)
48 47
3 3
40
20
Residential Plot
3 BHK
4BHK &
above
Source: Magicbricks.com
Figures in percentage(%)
57
(Apr-Jun 2014)
(Jul-Sep 2014)
88
SUPPLY
83
Source: Magicbricks.com
Figures in percentage(%)
86
Figures in Rs lakh
(Apr-Jun 2014)
(Jul-Sep 2014)
50
Figures in percentage(%)
50
ANNExURES
DELHI
propindex.magicbricks.com
34
DELHI
Capital Values
(Rs/Sq feet)
Locality
Capital Values
(Rs/Sq feet)
Alaknanda
14000 to 17400
Indraprastha Extn
10650 to 13550
Anand Niketan
28600 to 37200
Janakpuri
11550 to 14950
Aya Nagar
3450 to 4350
Jangpura Extn
18100 to 23500
Chattarpur
4250 to 5400
Kailash Colony
16250 to 21750
13050 to 17000
Chittaranjan Park
14350 to 18300
Kalkaji
Defence Colony
27000 to 35050
Khanpur
3500 to 4400
Dilshad Garden
6900 to 9650
Lakshmi Nagar
5900 to 7650
Dwarka
7850 to 9900
Mahavir Enclave
4850 to 5850
Dwarka Mor
4200 to 5450
Malviya Nagar
10650 to 13600
11700 to 15350
Dwarka Sector-2
8650 to 10300
Dwarka Sector-3
7850 to 9700
Mehrauli
Dwarka Sector-4
8200 to 9900
Moti Nagar
12300 to 14500
Dwarka Sector-5
8350 to 10050
19200 to 25600
Dwarka Sector-6
8550 to 10300
Pamposh Enclave
21050 to 26250
Dwarka Sector-7
8250 to 10000
Panchsheel Enclave
20450 to 26300
Dwarka Sector-8
6800 to 8500
Panchshila Park
21450 to 28200
Dwarka Sector-9
8150 to 9900
Paschim Vihar
10100 to 12600
Dwarka Sector-10
8450 to 10250
Patparganj
11000 to 13500
Dwarka Sector-11
8950 to 11050
Pitampura
11200 to 14600
Dwarka Sector-12
8400 to 10400
Rohini Sector-9
11550 to 14400
Dwarka Sector-13
8000 to 9800
Rohini Sector-24
Dwarka Sector-18
8550 to 10250
Dwarka Sector-18B
8100 to 9800
Dwarka Sector-19
3550 to 4750
7400 to 9150
24250 to 31150
Safdarjung Enclave
19450 to 24850
8550 to 10400
Saket
16250 to 20750
Dwarka Sector-22
8700 to 10500
Sarita Vihar
Dwarka Sector-23
8550 to 10450
Sarvapriya Vihar
19100 to 23850
9850 to 12400
East of Kailash
16100 to 20550
Sarvodaya Enclave
18800 to 23550
Geetanjali Enclave
18950 to 24500
Shivalik
15850 to 19550
Greater Kailash
17700 to 23300
South Extn-II
17200 to 22250
Greater Kailash I
17300 to 22100
Uttam Nagar
3850 to 4950
Greater Kailash II
17950 to 22900
Vasant Kunj
13100 to 16800
Green Park
18500 to 23600
12850 to 16400
Gulmohar Park
26100 to 33900
Vasant Vihar
26600 to 36000
Hari Nagar
7150 to 8800
Hauz Khas
19600 to 25100
Vasundhara Enclave
9600 to 11600
Vikaspuri
9150 to 11550
Source: Magicbricks.com
35
propindex.magicbricks.com
GURGAON
GURGAON
Capital Values
(Rs/Sq feet)
Locality
Ardee City
6600 to 8200
Sector-70
5550 to 6450
9250 to 11750
Sector-70A
5650 to 6850
10500 to 13600
Sector-71
5900 to 6450
11250 to 13150
Sector-72
7100 to 8250
12600 to 14250
Sector-73
4550 to 5100
Dwarka Expressway
4700 to 6200
Sector-77
4650 to 5200
7700 to 9650
Sector-78
5200 to 6600
12100 to 14900
Sector-79
4950 to 6150
7450 to 9050
Sector-81
5000 to 5900
10850 to 13000
Sector-82
4650 to 6200
7600 to 9450
Sector-83
4950 to 6050
8500 to 10100
Sector-84
4050 to 4800
Palam Vihar
7300 to 9250
Sector-85
4300 to 5100
Sector-33
7450 to 8600
Sector-86
3750 to 4550
Sector-37C
3950 to 4800
Sector-89
4650 to 5350
Sector-37D
4150 to 5050
Sector-90
4100 to 4950
Sector-43
8050 to 10150
Sector-91
3750 to 4450
Sector-46
6750 to 9150
Sector-92
3800 to 4900
Sector-47
7850 to 10100
Sector-102
4850 to 6050
Sector-48
8700 to 10600
Sector-103
3900 to 4700
Sector-49
8350 to 10150
Sector 104
6500 to 8100
Sector-50
8800 to 10700
Sector-106
5050 to 5800
Sector-51
7550 to 9300
Sector-107
4600 to 5550
Sector-52
6150 to 8200
Sector-108
5400 to 6300
Sector-54
10700 to 14200
Sector-109
5550 to 6850
Sector-56
7250 to 8850
Sector-110A
5900 to 6750
Sector-57
7500 to 9350
Sector-111
5350 to 7650
Sector-58
10600 to 11800
Sohna
3650 to 4550
Sector-61
8250 to 8950
Sohna Road
7650 to 9900
Sector-65
6450 to 8050
South City I
9350 to 12500
Sector-66
7600 to 8850
South City II
7250 to 9600
Sector-67
6900 to 8400
Sushant Lok
8150 to 11000
Sector-68
4700 to 6300
Sushant Lok I
8500 to 11100
Sector-69
5800 to 6600
7200 to 9000
Source: Magicbricks.com
NOTE
Old Gurgaon: Sec-2 to 24
Sohna Road: Sec-68 to 80
Capital Values
(Rs/Sq feet)
NOIDA-GHAZIABAD
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36
NOIDA-GHAZIABAD
Capital Values
(Rs/Sq feet)
Locality
Capital Values
(Rs/Sq feet)
NOIDA
Sector-29
7450 to 8800
Sector-143
4200 to 4750
Sector-34
7150 to 8400
Sector-143 B
4200 to 4750
Sector-44
9700 to 13450
Sector-150
4350 to 5050
Sector-45
5800 to 6700
Sector-151
3200 to 3650
Sector-46
5050 to 5400
Sector-168
4750 to 5250
Sector-50
7050 to 8700
Sector-51
6800 to 8250
GHAZIABAD
Sector-61
7050 to 8250
Abhay Khand
5250 to 6400
Sector-62
5800 to 7250
Ahinsa Khand-1
5350 to 6550
Sector-70
5100 to 6000
Ankur Vihar
2700 to 3250
Sector-73
2400 to 3250
Bhopura
3000 to 3550
Sector-74
4800 to 5400
Crossings Republik
3500 to 4150
Sector-75
4500 to 5150
3250 to 4100
Sector-76
4800 to 5350
Govindpuram
2350 to 3000
Sector-77
5250 to 5750
Gyan Khand
4250 to 5350
Sector-78
5050 to 5850
Gyan Khand 1
4150 to 5100
Sector-79
4250 to 4750
Gyan Khand 2
4200 to 5300
Sector-82
5700 to 6850
Indirapuram
4750 to 6100
Sector-93
6700 to 8650
Indraprastha Yojna
2950 to 3200
Sector-93A
7150 to 9400
Kaushambi
5800 to 7300
Sector-93B
7250 to 8450
Lal Kuan
2250 to 2900
Sector-100
5800 to 6750
Mohan Nagar
4400 to 5250
Sector-104
7400 to 8400
Neeti Khand 1
4400 to 5200
Sector-107
5350 to 6450
Niti Khand-Indirapuram
4400 to 5600
Sector-110
5300 to 6300
Pratap Vihar
3900 to 4850
Sector-117
4200 to 4950
2950 to 3600
Sector-118
4050 to 4400
Rajendra Nagar
4150 to 5300
Sector-119
4500 to 5350
Ram Prastha
6150 to 7500
Sector-120
4950 to 5750
Sahibabad
3700 to 5000
Sector-121
4400 to 5350
Shakti Khand
4550 to 5550
Sector-128
6300 to 8200
Shakti Khand 3
4150 to 4900
Sector-129
4550 to 5100
Shakti Khand 4
4650 to 5650
Sector-131
4800 to 5700
3650 to 4550
Sector-133
4200 to 4750
3850 to 4700
Sector-134
4100 to 4650
Surya Nagar
6600 to 8850
Sector-135
4250 to 4800
Vaishali
4950 to 6300
Sector-137
4850 to 5450
Vasundhara
4600 to 5700
Source: Magicbricks.com
NOTE
Old Noida: Sec-1 to 43, Sec-49 to 56, Sec-61, 62 and 67
New Developing Sectors: Sec-70 to 79 and Sec-111 to 122
Noida Greater Noida Expressway: Sec-44 to 48, Sec-81 to 88, Sec-92 to 110 and Sec-124 to 168
37
propindex.magicbricks.com
POLICY PERSPECTIVE
POLICY PERSPECTIVE
DELHI
NOIDA
New circle rates in Noida and Greater Noida have come into
force from August 1, 2014 with the district administration
approving a 10 per cent hike in the residential category for
registration of plots. Commercial properties saw a
2 per cent hike, with the exception of Sectors 18 and 38A,
where a 17 per cent hike has been approved. For institutional
properties, the circle rates increased by 10 per cent. There are
five categories of residential sectors in Noida. The circle rates
in these sectors range from Rs 35,000-86,000. In the flats
category, circle rates are evaluated as per the services
provided by the developer in a residential society.
GURGAON
GHAZIABAD
n Magicbricks.com Bureau
POLICY PERSPECTIVE
propindex.magicbricks.com
38
POLICY PERSPECTIVE
MUMBAI
AHMEDABAD
PUNE
KOLKATA
n Magicbricks.com Bureau
n Magicbricks.com Bureau
39
propindex.magicbricks.com
POLICY PERSPECTIVE
POLICY PERSPECTIVE
CHENNAI
BANGALORE
HYDERABAD
COIMBATORE
n Magicbricks.com Bureau
n Magicbricks.com Bureau
N OTES
propindex.magicbricks.com
CONTACT US
l
PROPINDEX TEAM
l
D I S C L A I M E R
Every effort has been made to make this Index as complete and as accurate as possible. MagicBricks
accepts no responsibility for inaccuracies in the information/data contained in this book. It shall have
neither liability nor responsibility to any person or entity with respect to any loss or damage caused, or
alleged to have been caused, directly or indirectly, by the information contained in this book. The
information/data in this book is subject to change from time to time due to market condition.