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CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

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Property Rates - Central Suburbs
LOCATION RESIDENTIAL COMMERCIAL
  2006 2007 2006 2007
Wadala  2700-4000 2700-6000 3000-4200 4000-7200
Kings Circle  3500-4000 3500-5000 4000-5000 5000-7000
Sion  3800-5000 3800-6500 3500-5000 3500-5000
Kurla  1800-3000 2800-4000 2000-3000 4000-5000
Chembur  3500-5500 3500-7500 4500-6000 4500-8000
Ghatkopar  3800-5500 4800-8500 5000-9000 5000-19000
Vikhroli  2500-3200 3500-4000 3500-4500 3500-6500
Bhandup  2600-3000 3600-4500 3000-4500 3000-6500
Nahur  2100-3100 3100-4100 3000-5500 3000-6500
Mulund  3600-4050 3600-5000 3000-4200 3000-6200
Thane  950-2400 950-2200 2500-3800 2200-3800
Mumbra  850-900 850-900 1000-2200 1000-2200
Dombivali  700-1200 700-1200 1000-2500 1000-2500
Kalyan  900-2200 900-2200 2500-3000 2500-3000
Ambernath  600-900 600-900 900-1300 900-1300
Badlapur  700-800 700-800 1000-1500 1000-1500
Titwala  500-950 500-950 900-1200 900-1200

Updates of 2006 on 18th December 2006.

Last update for 2007 : 5th September 07

Next Update : 4th Oct 2007

Please note that the rates are indicative and may vary depending on Age, Location and condition of the property. These rates includes Pugree rates also. Commercial do not include Shops and Malls.

 

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