MONTHLY REALTY WATCH NORTH & EAST INDIA - SEPTEMBER Confidential for Private Circulation Only

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1 MONTHLY REALTY WATCH NORTH & EAST INDIA - SEPTEMBER 2016 Confidential for Private Circulation Only

2 Key Insights Residential launches in North & East regions witnessed a decline of 18 per cent in August 16 as compared to the previous month Kolkata outperformed Gurgaon and Noida with an increase of 51 per cent in new launches as compared to the previous month, contributing around 76 per cent of the combined launches of Gurgaon, Noida and Kolkata While prices in Gurgaon and Noida remained stagnant as compared to previous year, prices of major localities in Kolkata appreciated in the range of 2 per cent to 12 per cent annually, primarily led by localities such as Salt lake and Bonhoogly News & Deals Signature Global is likely to invest around Rs.950 Crore to develop 5,000 low-cost homes in Gurgaon under the Haryana government's affordable housing policy Haryana Urban Development Authority (HUDA) to spend Rs.700 Crore to acquire nearly 102 acres of land for the construction of the Central Peripheral Road (CPR) In a move to boost the residential sector, the Kolkata Port Trust (KPT) plans to lease around 420 acres of land in the city for the development residential townships and commercial plots along the port The proposed airport at Jewar has got the formal no-objection certificate from the Ministry of Defence, Government of India Page 01

3 North & East India: Key new launches August 16 Gurgaon Project Name Developer Micro Market Type Launch Units Quoted Price (Rs./sq.ft.) Noida Paradise Pivotal Infrastructure Sector - 62 Apartment 37 2,857 The Residentia The Antriksh Group Sector 150 Apartment 450 4,150 Kolkata Aamar Bari Meridian Group Baruipur Apartment 1,650 2,200 Hira Bengal Emami Amtala Apartment 186 9,500 Ekta Lotus Ekta World Kolkata Ballygunge Apartment 127 4,650 Metro Heights Castrol Group Joka Apartment 120 2,750 Basanta Realtech Nirman Rajarhat Apartment 60 3,100 Kanchenjunga Nikhil Somani Sonarpur Apartment 51 2,750 Page 02

4 Price Trends Key Localities in Gurgaon 13,000 % Change (Y-O-Y) 2% BSP (Rs./sq.ft.) 11,000 9,000 7,000 5,000 Aug 15 Nov 15 Feb 16 May 16 Aug 16 3% Golf Course Extn. Road Sohna Road Dwarka Expressway New Gurgaon Page 03

5 Price Trends Key Localities in Noida BSP (Rs./sq.ft.) 6,500 5,500 4,500 % Change (Y-O-Y) -3% -5% -4% 3,500 2,500 Aug 15 Nov 15 Feb 16 May 16 Aug 16 Noida Expressway FNG Expressway Noida Extension Yamuna Expressway Page 04

6 Price Trends Key Localities in Kolkata 15,000 % Change (Y-O-Y) -3% BSP (Rs./sq.ft.) 11,000 7,000 12% 4% 3,000 Aug 15 Nov 15 Feb 16 May 16 aug 16 Ballygunge Salt Lake City Bonhooghly on BT Road Garia Page 05

7 CONTACT PROPTIGER FOR REAL ESTATE INSIGHTS: Detailed analysis of micro markets Market intelligence report Micro market surveys Price sensitivity analysis City dashboards and trends Demand assessment ANURAG JHANWAR, MRICS Head Consulting and Data Insights SUNIL MISHRA Chief Business Officer - Primary Business & Developer Solutions sunil.mishra@proptiger.com DISCLAIMER All data, figures, information provided hereto are provided and/or collated by Proptiger.com and that any of its representatives, officers, employees or affiliates makes no representations or warranties as to the accuracy or completeness of any information furnished hereto. This report has been prepared by Proptiger Data Labs solely for information purposes. It does not purport to be a complete description of the markets or developments contained in this material. The information on which this report is based has been obtained from sources that Proptiger believes in its reasonable bona fide faith to be reliable, but Proptiger has not independently verified such information and do not guarantee/ warranty the accuracy, genuineness or completeness of the information therein. This report contains information available to the public and has been relied upon by Proptiger on the basis that it is accurate and complete. Information contained herein should not, in whole or part, be published, reproduced or referred to without prior approval. Proptiger accepts no responsibility if this should prove not to be the case. Any such reproduction should be credited to Proptiger Data labs Proptiger.com. All rights reserved LIMITATION OF WARRANTY The Information is provided as is, without warranty of any kind, it has not been independently verified by Proptiger or Its Affiliates, Officers, Employees or Agents and use of the Information is at your sole risk. Proptiger or Its Affiliates, Officers, Employees or Agents shall not be liable and expressly disclaim liability for any error or omission in the content of the Information, or for any actions taken by you or any third party, in reliance thereon. The Information is not guaranteed to be error-free, or to be relied upon for investment purposes, and Proptiger or Its Affiliates, Officers, Employees or Agents make no representation or warranty as to the accuracy, truth, adequacy, timeliness or completeness, fitness for purpose, title, non-infringement of third party rights or continued availability of the Information, withdrawal without notice and to any special conditions imposed by our principals.