PROPINSIGHT. A Detailed Property Analysis Report By

Transcription

1 PROPINSIGHT A Detailed Property Analysis Report By Puravankara Purva Midtown, Ramamurthy Nagar - Bangalore Possession:Jun `15 Report Created As On - 15 Jun, 2015

2 PropInsight is a highly research oriented report wherein end users will be getting all the relevant data related to a project at one place. The overall aim of the report is to be able to help users in the search for their dream house. The report touches on four key aspects: a) Price: This section aims to show the detailed price of a project and split it into its various components including hidden ones. For example: PLC, EDC, IDC, extra parking charges among others. In addition, it also compares the prices of the project vis-a-vis other similar projects in the locality. Various price trends are also shown in this section including price appreciation of the locality as well as the project. b) Project: As the name suggests, this section talks about various key aspects of a project. For example: its demand vis-a-vis other similar projects in the locality, loading percentage, the possession date and the delay, if any, etc. The report compares your project with similar projects in the locality on construction parameters like livability rating, safety rating, launch date, possession date and on build and configuration parameters like the number and size of the units. c) Builder: This section delves into the details about the builder and tries to give the user a perspective about the history of the builder as well as his current endeavours. You can verify the credentials of the builder and see the livability ratings of the projects the builder has earlier built, the delay involved in previous projects, their top under-construction projects and other related facts. d) Locality: It aims to showcase various amenities viz. pre-schools, schools, parks, restaurants, hospitals and shopping complexes near a project, with the help of which people can make an informed decision about the locality where there future home may lie.

3 PRICE INSIGHT Is your project priced appropriately?

4 Price Appreciation Trends Of Puravankara Purva Midtown Ramamurthy Nagar Apartment Prices Property Type Area BHK+2T 1,209 sq.ft. 1,250 sq.ft ,570 sq.ft ,578 sq.ft. Price (Rs per sq ft) BHK+3T 1,587 sq.ft. 1,652 sq.ft. 1,677 sq.ft Apr '13 May '13 Jun '13 Jul '13 Aug '13 Sep '13 Oct '13 Nov '13 Dec '13 Jan '14 Feb '14 Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 Purva Midtown Ramamurthy Nagar

5 Price Comparison With Other Projects Similar To Puravankara Purva Midtown Puravankara Purva Midtown Prime Properties Pune Lake Front Elegant Elegant Habitat Primary Purchase Price 5,700/sq.ft. 6,500/sq.ft. 5,000/sq.ft. Advance Maintenance Charges N.A. N.A. N.A. Car Parking Charges Covered : Rs. 4.5 Lacs (One time) N.A. N.A. Power Backup Charges N.A. N.A. N.A. Club House Charges Rs. 2.3 Lacs (One time) N.A. N.A. *For price mentioned in psf, the total price is calculated as price multiplied by area of property

6 Price Versus Time-To-Completion 7500 Current status of projects in 5 km vicinity of Puravankara Purva Midtown 7250 Builder Price ( Per Unit Area ) >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Puravankara Purva Midtown Salarpuria Magnificia Puravankara Purva Midtown's current price is Rs. 5700/sq. ft. and it is in Under Construction stage. In comparison to locality, Puravankara Purva Midtown is overpriced by Rs /sq. ft. Highest price in the locality is for Salarpuria Magnificia at 7190/sq. ft. and it is in Under Construction stage. Lowest price in the locality at Puravankara Purva Midtown at 5700/sq. ft. and it is in Under Construction stage.

7 Demand Comparison With Other Projects Similar To Puravankara Purva Midtown Analysis Project-wise breakup of demand in 5 km vicinity of Puravankara Purva Midtown Purva Midtown has % demand amongst all projects in Bangalore. 100% 80.38% The highest demand 80.38% in Bangalore is for Purva Midtown. The lowest demand 0.00% in Bangalore is for Tejas Bloomingdale Demand 75% 50% 25% 8.55% 5.03% 4.02% 2.01% 0% Purva Midtown Elan Royal Heritage Magnificia Casa Verde Tejas Bloomingdale Locality-wise breakup of demand in Bangalore Demand 15% 10% 5% 11.75% 10.12% 10.00% 6.73% 5.57% Analysis Ramamurthy Nagar has 0.99 % demand amongst all projects in Bangalore. 0% 0.99% Ramamurthy Nagar KR Puram Electronics City Varthur Whitefield Hope Farm Junction Horamavu The highest demand 11.75% in Bangalore is for KR Puram. The lowest demand 0.99% in Bangalore is for Ramamurthy Nagar

8 PROJECT INSIGHT How does your favorite project fare vis-a-vis similar others?

9 Technical Detail Comparison With Other Similar Projects Of Puravankara Purva Midtown Puravankara Purva Midtown Prime Properties Pune Lake Front Elegant Elegant Habitat Livability Rating* 8.1/10 6.5/10 5.5/10 Safety Rating* N.A. N.A. N.A. Builder Puravankara Prime Properties Pune Elegant Locality Ramamurthy Nagar, Bangalore Banaswadi, Bangalore Mahadevapura, Bangalore Number of Towers Project Land Area 4.5 Acres N.A. N.A. *Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms *Safety rating is provided on the basis of safety pin data

10 Technical Detail Comparison With Other Similar Projects Of Puravankara Purva Midtown (Continued...) Puravankara Purva Midtown Prime Properties Pune Lake Front Elegant Elegant Habitat Part of Township No No No Average Flats Per Floor Loading Percentage N.A. N.A. N.A. Launch Date Mar `11 Feb `15 Jun `13 Possession Date Jun `15 Aug `15 Feb `16 Delay 6 month(s) On time 4 month(s)

11 Amenities Comparison With Other Similar Projects Of Puravankara Purva Midtown Puravankara Purva Midtown Prime Properties Pune Lake Front Elegant Elegant Habitat Gymnasium Swimming Pool Children's play area m Multipurpose Room Jogging Track Amenities not available in any project Sports Facility Cafeteria Rain Water Harvesting Golf Course Maintenance Staff

12 BUILDER INSIGHT Credentials of the builder

13 Overview Of Puravankara Established in 1975, Puravankara Projects Ltd. is a leading real estate company in India involved in the development of both residential and commercial properties. Jackbastian K. Nazareth is the CEO of company. Provident housing Limited, which is a wholly owned subsidiary of Puravankara that offers affordable housing solutions to buyers. The company works on developing affordable homes to high-end luxury apartments. Operations of the company started in Hyderabad, Kochi and Chennai with overseas developments in Saudi-Arabia, Colombo and Dubai. Experience 29 Years Project Delivered 56 Ongoing Projects 22 The Company has so far completed 36 residential/commercial projects spread over 7.80 million sq. ft. Around 29 million sq. ft. of projects are under construction which is followed by 88 million sq. ft. of space to be developed in the coming 7 to 10 years. Top Projects till Date: Atria in Sanjay Nagar, Bangalore comprising of 131 units of 2 and 3 BHK apartments with sizes ranging from 1,350 sq. ft. to 2,010 sq. ft. Oceana in Marine Drive, Kochi comprising of 96 units of 3 BHK apartments with sizes ranging from 2,536 sq. ft. to 3,417 sq. ft. Vantage in HSR Layout, Domlur, Bangalore comprising of 76 units of 2 and 3 BHK apartments with sizes ranging from 1,340 sq. ft. to 1,842 sq. ft. Few of its key under construction residential projects are: Highland in Anjanapura, Bangalore comprising of 1589 units of 2 and 3 BHK apartments with sizes ranging from 1,303 sq. ft. to 1,843 sq. ft. Purva Swanlake in Kelambakkam, Chennai comprising of 729 units of 2 and 3 BHK apartments with sizes ranging from 1,272 sq. ft. to 1,805 sq. ft. Amaiti in Singanallur, Coimbatore comprising of 630 units of 2 and 3 BHK apartments with sizes ranging from 1,360 sq. ft. to 1,866 sq. ft. The company has been honoured with the Realty plus Excellence Award 2012 in the category of 'Popular Choice - Developer of the Year: Residential'. Another project by the brand which is popular as Purva Park i n Bangalore has led Puravankara attain distinction of being awarded finaliste, International Prix d' Excellence award in1998.

14 Top Projects Delivered By Puravankara Livability rating - 8.8/10 Puravankara Eternity Kakkanad - Kochi Project was delivered on Oct, 2014 Livability rating - 8.1/10 Puravankara Purva Iris Frazer Town - Bangalore Project was delivered on Jan, 2003 Has seen a price appreciation of 14.4 % over last 24 month(s) Livability rating - 8.1/10 Puravankara Purva Carnation Frazer Town - Bangalore Project was delivered on Jan, 2012 Livability rating - 8.1/10 Puravankara Purva Jade Valasaravakkam - Chennai Project was delivered on Nov, 2009

15 Under-Construction Projects Of Puravankara Livability rating - 8.2/10 Puravankara Purva Amaiti Singanallur - Coimbatore Project is expected to be delivered on Jun, 2017 Livability rating - 8.1/10 Puravankara Purva Bluemont Singanallur - Coimbatore Project is expected to be delivered on Jul, 2015 after a delay of 10 month(s). Has seen a price appreciation of 7.4 % over last 17 month(s) Has seen a price appreciation of 12.6 % over last 24 month(s) Livability rating - 8.1/10 Puravankara Purva Midtown Ramamurthy Nagar - Bangalore Project is expected to be delivered on Jun, 2015 after a delay of 6 month(s). Has seen a price appreciation of 16.3 % over last 24 month(s) Livability rating - 7.9/10 Puravankara Purva Swanlake Kelambakkam - Chennai Project is expected to be delivered on Jul, 2015 Has seen a price appreciation of 5 % over last 24 month(s)

16 LOCALITY INSIGHT Everything you want to know about the locality

17 Play Schools Near Puravankara Purva Midtown, Bangalore Top 5 Play Schools (within 5 kms) based on ratings 1 Child Development Center - CDC Preschool 4.20Km 2 Bachpan A Play School 3.97Km 3 EuroKids 4.92Km 4 Serra Preschools-Bengaluru - Indiranagar 3.88Km 5 Anugraha Montessori Nursery 1.65Km P represents the location of Puravankara Purva Midtown

18 Schools Near Puravankara Purva Midtown, Bangalore Top 5 Schools (within 5 kms) based on ratings 1 Holy Vision School 1.69Km 2 New Generation National Public School 3.59Km 3 Amara Jyothi Public School 3.85Km 4 Lourdes Public School 2.78Km 5 Presidency Church School 3.16Km P represents the location of Puravankara Purva Midtown

19 Restaurants Near Puravankara Purva Midtown, Bangalore Top 5 Restaurants (within 5 kms) based on ratings 1 Chungs Chinese Restaurant 3.91Km 2 Sweet Chariot 3.99Km 3 Srinidhi Sagar (Darshini) 2.61Km 4 Devanagere Butter Dosa Hotel 2.46Km 5 Hotel Endhan 3.20Km P represents the location of Puravankara Purva Midtown

20 Hospitals Near Puravankara Purva Midtown, Bangalore Top 5 Hospitals (within 5 kms) based on ratings 1 Cloudnine Care 4.65Km 2 Manipal Poly Clinic 3.60Km 3 Columbia Asia Pvt Ltd 3.50Km 4 Cloudnine 4.63Km 5 Manipal Polyclinic 1.35Km P represents the location of Puravankara Purva Midtown

21 Parks Near Puravankara Purva Midtown, Bangalore Top 5 Parks (within 5 kms) based on ratings 1 High Street Children's Park 4.77Km 2 Milton Park 4.76Km 3 BBMP Park 4.47Km 4 Kacharakanahalli Park 4.44Km 5 BBMP Park 3.42Km P represents the location of Puravankara Purva Midtown

22 Market Complexes Near Puravankara Purva Midtown, Bangalore Top 1 Market Complexes (within 5 kms) based on ratings 1 Phoenix Marketcity 3.09Km P represents the location of Puravankara Purva Midtown

23 Connectivity Near Puravankara Purva Midtown, Bangalore Top 3 Connectivity (within 5 kms) based on ratings 1 Baiyappanahalli 1.94Km 2 Indiranagar 3.88Km 3 Swami Vivekananda Road 2.92Km P represents the location of Puravankara Purva Midtown

24 PropTiger is an online real estate advisor which focuses on property advisory and loan advisory. We list residential properties and compare them according to their livability and safety scores. Our property portfolio tracker, the first of its kind in India, tracks the performance of real estate investments. PropTiger has sold property worth nearly Rs 8,000 cr to over 10,000 customers. Reach Over 8 lakh people visit our website every month, with nearly 40% of the traffic coming from mobile applications. PropTiger.com lists 123,800 real estate properties across India, and has offices in 8 different cities. We receive about 2,000 enquiries and organize around 250 site visits every day, and add nearly 1,000 reviews in a month. PropTiger.com has real estate experts in Noida, Gurgaon, Mumbai, Pune, Bangalore, Chennai, Kolkata and Ahmedabad. Proptiger employs more than 300 real estate advisors. Team Harvard Business School alumni Dhruv Agarwala and Kartik Varma founded PropTiger along with Prashan Agarwal, who has a B.Tech from IIT Kanpur and an MBA from ISB Hyderabad. PropTiger is funded by News Corporation, SAIF Partners and Accel Partners.

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