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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 - Ahmedabad

 

Residential

Commercial

Arearea 2006Residential 2007 2006Commercial 2007

Ellisbridge

900-1400

900-2400

2200-3700

3000-4000

Ashram road

1100-1350

1200-1800

2500-4000

5500-8000

Navrangpura
( On C.G.Road)

1250-1600

1400-2200

2500-5000

3000-5000

Navrangpura
(Other areas)

1000-1400

900-1700

2000-3000

2200-4400

Naranpura

700-1000

900-1300

1300-1400

3300-5000

Vastrapur

600-800

750-1100

1400-2400

3400-5000

Satellite Road

750-1200

900-2200

1100-5000

3100-6000

Ambawadi

700-1100

900-1500

1300-2000

2300-3000

Drive-in-road

600-800

700-1100

1200-4000

1200-6000

Paldi

700-900

700-1100

1200-3000

1200-5000

Chimanlal GirdharilalRoad

700-900 

700-1200

2200-5000

2200-8000

Usmanpura / Vastrapur

750-900 

800-1200

2500-4500

3000-4500

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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