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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-Navi Mumbai
LOCATION RESIDENTIAL COMMERCIAL
  2006 2007 2006 2007
Vashi  2100-3500 2100-5500 2800-4800 2800-6800
Koparkhairaine  1100-1500 1800-3100 2000-3400 2000-5400
Airoli  1100-1800 2100-3100 1600-3900 1600-5900
Sanpada  1100-1400 2100-3400 1500-3400 1500-5400
Nerul  1100-4400 3100-4400 1500-3200 1500-5200
Konkan Bhavan (CBD)  1000-1300 2100-3300 1200-3600 1200-4600
Kharghar  900-2600 1900-2600 1200-3200 1200-4200
Kalamboli  700-1100 1700-3100 900-2400 2900-4400
Kamothe --- --- 1725-3100 2900-3400
Panvel  750-2100 1750-3100 1200-3200 2900-4200

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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