PropIndex Q3 2022

Pr
opI
ndex|Magi
cbr
icks I
ndi
a
J
ul-
Sep2022
Exec
uti
veSummar
y Mar
ketDynami
cs
Afterseveralquar tersofuncertaintydur ingt he Regi
on Demand* Suppl
y# Rat
e+
Covid-19pandemi c,2022usher edinr el
ative I
ndi
a -
2.9% -
3.3% 2.
0%
stabil
ityandr ecoveryint heresidentialsector .We
Ahmedabad -
1.5% -
4.0% 1.
1%
haveseenst abili
sat i
oni nthefir stquarter ,
foll
owedbygr owt hinthesec ondquar t
er.Thet i
de Bengal
uru 3.
7% -
0.3% 2.
7%
seemst obet urningandonei shopef ulthatt he Chennai -
9.2% -
5.2% 2.
1%
volati
lit
yfaceddur ingt hepandemi cisfinal ly
behindus. Del
hi -
12.
8% -
4.4% 1.
2%
.
. Gr
.Noi
da 9.
9% -
9.8% 2.
3%
Gur
ugr
am 7.
4% -
3.8% 1.
5%
InQ32022,t heaggr egat edemand( searc
hes)int hec iti
est r
ackedby
Magi cbri
cksjumpedby7. 3% YoYandt hecumulat ivesuppl y(li
sti
ngs) Hyder
abad -
6.9% -
4.7% 2.
7%
wi t
nessedagr owt hof6. 0% YoY.Att hesamet i
me,t herewasaQoQ -
2.2% -
0.9% 1.
8%
Kol
kat
a
dec l
ineof2.9% and3. 3% i ndemandandsuppl yrespec ti
vely.Thishasbeen
obser vedtobeat rendever yyeardur ingthi
squar t er,asmanypr ef
erto Mumbai 1.
9% -
2.1% 2.
1%
investduringt hef estiveandauspi c
iousseasont hatf ollows.Thesear ch NaviMumbai -
0.4% -
1.3% 1.
3%
volumesi nGr eaterNoi da,Gur ugram,Bengaluru,andMumbaiwi tnessed
Noi
da -
4.0% -
12.
1% 2.
0%
growt hof9.9%,7. 4%,3. 7%,and1. 9% QoQ,respec ti
vely.Ont hesupply
front,Bengalur u,Kolkat a,NaviMumbai ,andMumbaidec l
ined0.3%,0.9%, Pune -
5.9% -
3.3% 0.
6%
1.3%,and2. 1% QoQ,r espectively.
Thane -
1.7% -
4.9% 2.
4%
Theaver ageproper tyratesincreased2. 0% QoQand9. 1% YoY,displ

aying
thebuoyanc yoft heresidentialmar kets.Theaver ager atesof Notes:
*represent
svolumeofpropert
ysearchesonMagicbri
ckswebsi
teinQ32022.
ready-to-move-i
npr opertiessaw anupwar dmovementof1. 5% QoQand #representsvol
umeofactivel
ist
ingsonMagicbri
ckswebsit
einQ32022
8.0% YoYandpr i
cesi nNoida,Gr eaterNoi da,BengaluruandHyder abad +representstheQoQchangeintheweightedaveragepri
ceatI
ndi
aandcit
ylevel
Sour
ce:Magi
cbr
icksResear
ch
increased3.3%,2. 9%,2.0% and2. 0% QoQr especti
vely.Theaverager ates
ofunder -
constructionproper ti
esinc r
eased3. 8% QoQand13. 4% YoY.In
NaviMumbai
thiscategory,NaviMumbai ,Bengal uru,Gur ugram andChennair egistered
Ahmedabad
abad
e
Mumbai
Chennai
gaon
or
a
da
hi
Thane
ar i
seof5. 4%,5.3%,5. 2% and4. 5% QoQr espectivel
y.
da
kat
Pune
Bangal
Gnoi
Del
Noi
Hyder
Kol
Gur
Homesal eshavebeenst rongallyear,andaf t
eradi pthisquarter
,the
upcomingfestiveseasonisl i
kelytospurgr owt h.
Realestatedevelopers
arelaunc
hingnew pr oject
swi thnew feat uresinantic
ipationofhigh
demand.Themar ketsentimentsareal solikelytoremainupbeati nthe 22K
upcomingquar terdespit
et herecentinc r
easei nhomel oanratesbecause
theyarestil
llowerthanpr e-pandemicl evels.
20K
Buyersareawar et hathomepr ic
esar erisi
ngandfindi tanoppor tuneti
me
toinvestbeforetheyr i
sefur
t her.Whileincent
ivesduringthefestive
seasonarear egularannualfeature,thisti
mear oundtheyc oul
dbekeyt o 18K
ensuringconti
nuedsal esmoment um overthenextseveralquarters.
16K
Takecar
eandst
aysaf
e,
Sudhi
rPai
NRpsf
14K
CEO
ceI
12K
i
agePr
Aver
10K
8K
6K
4K
2K
0K
UC
UC
UC
UC
UC
UC
UC
UC
UC
UC
UC
UC
UC
RM
RM
RM
RM
RM
RM
RM
RM
RM
RM
RM
RM
RM
Note:
Abovetabler
epresent
stheaver
agepri
cesf orReadytomove(RM)andUnderc
onst
ruc
tion(
UC)propert
ieson
Magicbri
ckswebsit
einQ32022fort
hec i
tiescoveredundert
herepor
t.
Sour
ce:Magicbr
icksResear
ch
© 2022magi
cbr
icks.
com Page2
Pr
opI
ndex|Magi
cbr
icks Ahmedabad
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Ahmedabadexper
ienc
eddi
pinhousi
ngdemandandsuppl
y Par
amet
ers I
ndi
a Ahmedabad
I
nQ32022,Ahmedabad'
shousi
ngmarketdecl
inedby1.5% QoQindemand(
searc
hes)andby4% QoQi
nsuppl
y Demand+ -
2.9% -
1.5%
(
li
sti
ngs)
.Fur
ther
more,aver
agepr
opertyrat
eswi t
nessedagrowthof1.
1% QoQ. Suppl
y++ -
3.3% -
4.0%
RateI
ndex+++ 2.0% 1.1%
Demandsloweddownabi tafter3-4monthsofcontinuousgrowthduetothemonsoonseasoninAhmedabad. Notes:
However,t
herecentinvestmentdealjoint
lyannounc edbyFoxconnandVedant
at omanuf
acturesemi
conduct
orsin Aboveparamet ersrepr
esentQoQc hangei nQ32022at
I
ndiaandc i
tylevel
thest
atecoul
dinvigoraterealestatedemandduet ot hehumongoussi
zeoftheinvest
mentleadi
ngtoahugeimpact +c hangeinvolumeofpr opertysearches
onemploymentopportuniti
es. ++c hangeinvolumeofac ti
velisti
ngs
+++c hangeintheaverager ateofUnder -
Construct
ion
(UC)andReady- t
o-move( RM)pr operti
es
Source:MagicbricksResearch
RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
6,
000
"RM segment Kavi
shaGr
oup
rec dedaver
or age Shi
val
ikGr
oup
)
NRpsf
5,
500
r
at egrowthof1.
2% Shi
lpGr
oup
QoQ." Godr
ejPr
oper
ties
e(nI
i
AdaniReal
ty
5,
000
ageRat
Goyal&Co.
Swat
iPr
ocon
Aver
4,
500 SunBui
lder
sPvt
.Lt
d.
HNSaf
al
4,
000 GSGAbodeLLP
Q321 Q421 Q122 Q222 Q322
Notes: Note:Theabovetabler
epr
esentst hetopdeveloper
sby
1.RM rat
eindexrepr
esentst
heweightedaveragerat
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
teasonSept2022. shareofact
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
agerateofdominantassetcl
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
6,
000 Pr
ojec
tName Loc
ali
ty
Mal
haarExot
ica Sar
darPat
elRi
ngRoad
"UCsegment
)
NRpsf
Shal
igr
am Pr
ime Sout
hBopal
5,
500 wi
tnessedaver
ager at
e
Godr
ejGar
denCi
tySGHi
ghway
growthof2.0% QoQ."
nI
i
Shi
lpRevant
a Shel
a
e(
5,
000
ageRat
Ant
ili
aOne Ghat
lodi
ya
Emi
nenc
e96 Thal
tej
Aver
4,
500 Shaf
alyaRenown Shi
laj
VenusPar
kland Vej
alpur
Shi
lpAnant
a Shel
a
4,
000
Q321 Q421 Q122 Q222 Q322 Shyam Hei
ght
s NavaVadaj
Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
teasonSep2022. Theabovetabl
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
agerateofdominantassetc
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<4,
000 4,
000-
6,000 >6,
000
"Whi leRM proper t
ies 1.Thest at
egover nmenthasappr oved
2.
24% fourtownpl anni ng(TP)sc hemesf or
witnessedaver ager at
e Ahmedabad.Thesc hemesc l
earedf or
1.
88%
i
nc reasefrom 0.15% to Ahmedabadi
draftTPsc
nclude1finalTPsc
hemeand2pr elimi
heme,1
naryTP
0. 50% QoQinal l schemes.Thear eascover edbyt hese
schemesar elikelytowi t
nessr api
d
segments;UC developmentt hr oughinfrastructure
proper ti
esobser vedan project
s.
i
nc reasefrom 0.51% to 2.Allsub-r
egi st
raroffic esinGujaratnow
0.
50% 0.
51%
2.24% QoQac rossall worki ntwoshi ftsforregistr
ationof
0.
22% propertydoc ument sandpaymentof
0.
15%
segments." stampdut yf rom September2022.Eac h
offic ewi l
lissuetokenst oappli
cantsfor
RM UC RM UC RM UC oneoft woshi ft
sandt hosewhomi sst hei
r
Note: turnwi l
lhavet oc omei nthesameshif t
Abovetabl
erepr
esent
sther
atec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iousr
atebuc
ket
s(I
NRpsf)asonSep2022. thenextday.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page4
Demand-
Suppl
yAnal
ysi
s Ahmedabad|J
ul-
Sep2022
InQ32022,westernandnor
thern 3BHKuni
tsc
ont
inuet
odomi
nat
ether
esi
dent
ialmar
ketspac
e
Ahmedabadc ont
inuedt
ohavethe
highestdemand DEMAND SUPPLY
1BHK 1BHK
Consideringbot hdemandandsuppl y,BopalandSG Above3BHK Above3BHK
16% 6% 16% 6%
Highwayc ontinuet heirdominanceasAhmedabad’ s
topmi cr
o- mar kets. Excell
enti
nfrastructur
e,good
2BHK 2BHK
connectivity,andi ncreasingbusi
nessandec onomic
33% 33%
acti
viti
esal ongt hisc orri
dorhaveimpr ovedt he
prospectsoft hesel oc al
iti
esbesi
desgener atinglar
ge
employmentoppor t
uni t
ies.
Local
itiesinwest er
nandnorther
nAhmedabadsuc has 3BHK 3BHK
Narol-NarodaRoad,Chandkheda-Motera,Pahlad 44% 45%
NagarandPal di
-Ambavadipr
ovedtobet hehot spot
forpotent i
alhomebuyersduetothepresenceof
Notes:
multi
pl e,afforablecommerci
alandresi
dent i
al
1.Demandrepresentsproper
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32022,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on.
development s. 2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
egatedbyBHKconfigurat
ion.
Sour
ce:Magic
bri
cksResear
ch
"3BHKuni t
sholdmaj orit
yshare
inAhmedabad' sresidenti
al
Mi
d-segmentpr
oper
ties(
INR4,
000-6,
000psf
)exhi
bithi
ghdemand
market;unitspri
cedbet weenINR
4,
000-6,500i st
hemostsear ched DEMAND SUPPLY
c r
iteri
ainthecity."
>6,000 >6,000
-Witha44% shar eint ot
aldemandand45% share 24% <4,000 22% <4,000
i
nt otalsupply,3BHKuni t sar
edominat
ingthe 35% 33%
housingmar ketinlocali
tiessuchasSGHighway,
BopalandSat ell
ite.
-Mid-segmenthomes(INR4,000–6, 000psf)
accountedfora41% shareofthetotaldemandi
n
thecity,agai
nstashareof45% insupply. 4,
000-6,
000 4,
000-6,
000
41% 45%
-
Demandf ortheaffor dablesegment(<4,
000psf)
Notes:
i
smor ewhenc omparedt othesuppl
y,under
lyi
ng 1.Demandrepresentsproper
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
theshor
tageofaffor dablehousingi
n 2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Ahmedabad’sresi
dent i
almarket.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
ket Min. Max. Rank Rank
Rat e Q3-
e Rat 22 Q2-
22
Shant
igr
am
SGHi
ghway 2,
900 9,
000 1 1
Bopal 2,
500 8,
700 2 2
Sat
ell
ite 4,
100 8,
100 3 4
Vai r Zundal
shnodeviCi
Lapkaman
Nar
olNar
odaRoad 1,
700 6,
200 4 6
Chhar
odi
Chandkheda-
Mot
era 2,
800 5,
200 5 3
Pr
ahl
adNagar 3,
000 7,
500 6 5 Got
a Mot
era
Pal
di-
Ambadi 3,
500 7,
700 7 7
Note: Ranc
har
da
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbynumberofsearcheson
Magicbri
cksinQ32022. Pal
odi
a Shi
laj
2.Minimum andmaximum r
ateinthemicr
o-marketi
nINRpsf . Shahi
buag
Sour
ce:Magicbr
icksResear
ch
Gandhi
nagar Ni
kol
J
ivr
ajPar
k
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs Odhav
Godhavi
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22 Vej
alpurVasna
Mani
nagarEast Vast
ral
2,
500 8,
700 1 S
1anand Ul
lar
ia
Bopal
New Mani
nagar Bakr
ol
SGHi
ghway 2,
900 9,
000 2 2 Sar
khejGam I
sanpur
Sanat
hal
Nar
olNar
odaRoad 1,
700 6,
200 3 4 Nar
olgam
Chandkheda-
Mot
era 2,
800 5,
200 4 3 Vat
va
Sat
ell
ite 4,
100 8,
100 5 5 Hat
hij
an
Pr
ahl
adNagar 3,
000 7,
500 6 6
Changodar Asl
ali
Pal
di-
Ambadi 3,
500 7,
700 7 7
©2022Mapbox©OpenSt
reet
Map
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
ingson 1.Abovemapdepi ctsthekeylocali
tiesofthecit
y,wi ththesizeofthebubbledepicti
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
cksinQ32022. properti
esinthelocali
tiesonMagicbrickswebsit
ei nQ32022.
ateinthemicr
o-marketi
nINRpsf. 2.Thisisanint
eractivemapavailabl
eonMagi c
bricks.com underPropi
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page5
Rat
eAnal
ysi
s Ahmedabad|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Vai
shnoDevi
7.38%
Gota
5.18%
Shil
aj Nar
anpura
1.
55% 6.21%
Paldi
Vej
alpur 3.
26%
4.
21%
reet
Map
Not e:
1.Sizeofthebubbledepictsdemand,measur edbyvolumeofpr opertysearchesinlocali
tiesinQ32022.
2.Colorofthebubblerepresentspricechangei
nQ32022,wi thgreencolorrepresenti
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. 1.
55% -
5% -
2.5% 0% 2.
5% 5% 7.
38%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
cks.com underPropindexsection
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
buy/propindex/toaccessthefulldashboard.
-Averageratesforthe<INR4, 000psfsegmenti ncreasedinlocali

tiessuchasVast r
al(3.23%)
,Naroda(2.
51%) ,Ni
kol(
1.63%)andNew Maninagar(
1.53%) .
-IntheINR4,000-6,000psfsegment ,localit
iessuchasBopal( 7.42%) ,Jagatpur(6.
99%) ,Mot
era(6.
82%)andSGHi ghway(6.
77%)witnessedgrowthinQ32022
duet otheavail
abili
tyofbetterc ommer ci
alandr esidenti
alprojectsnearby.
-Forproperti
es>INR6, 000psf,locali
tiesincl
udingAmbawadi( 7.50%) ,Bodakdev(7.50%)andThalt
ej-
Shi
lajRoad(6.
57%)areinhi
ghdemandduet ot hei
r
proximitytoSGHi ghway,whic hisconsideredasani mpor tantbusinessdistri
ctofAhmedabad.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR6,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change (
INRpsf) Change (
INRpsf)
Bopal 4,
500 7.
42%
Vast
ral 2,
800 3.
23% Bodakdev 7,
200 7.
50%
J
agat
pur 4,
300 6.
99%
Mot
era 4,
400 6.
82%
Nar
oda 2,
700 2.
51%
SGHi
ghway 4,
400 6.
77% Ambawadi 6,
600 7.
50%
Ni
kol 3,
000 1.
63% Shel
a 4,
300 6.
12%
Mani
nagar 4,
700 5.
78%
Thal
tej
-Shi
lajRoad 6,
700 6.
57%
New Mani
nagar 2,
900 1.
53% Sar
darPat
elRi
ngRoad 4,
300 5.
70%
Got
a 4,
400 5.
69%
New Rani
p 3,
600 0.
83% Ghat
lodi
ya 4,
500 5.
63% Thal
tej 6,
800 6.
07%
Vasna 4,
900 4.
77%
NavaNar
oda 2,
500 -
0.12% 4,
500 4.
09%
Vai
shnoDevi
Sc
ienc
eCi
ty 6,
500 5.
91%
Makar
ba 4,
600 2.
22%
Chandkheda 3,
400 -
0.81%
Sout
hBopal 4,
600 1.
32%
Shi
laj 4,
500 0.
11% J
odhpur 6,
600 5.
72%
Nar
olgam 2,
100 -
1.88%
Nar
anpur
a 5,
300 0.
02%
Ghuma 3,
500 -
2.85% CGRoad 5,
700 -
3.37%
Navr
angpur
a 6,
700 5.
15%
Pal
di 5,
300 -
3.50%
Rani
p 3,
400 -
3.18% Sc
ienc
eCi
tyRoad 5,
600 -
3.88%
Sat
ell
ite 5,
600 -
4.37% I
skonAmbl
iRoad 7,
500 1.
20%
Vej
alpur 3,
700 -
5.22% Sol
a 5,
400 -
4.93%
Pr
ahl
adNagar 5,
300 -
5.02% Ambl
i-BopalRoad 7,
600 1.
02%
J
agat
purVi
ll
age 3,
700 -
5.29%
Vast
rapur 5,
300 -
7.39%
Note:
1.Aboveisthelistofmajorlocal
iti
esofthecity,withinformati
onabouttheiraveragerateandQoQr atechangesi nQ32022.Thi
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
ulatedbyaveragingt herateofallpr
operti
esinalocali
tyinmulti-
storeyandbuilderfloorsegmentsaf
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
3.Thethreetablesabovecategorizet
helocali
t i
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kets.
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orrat
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al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page6
Pr
opI
ndex|Magi
cbr
icks Bengal
uru
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Bengal
uru’
shousi
ngmar
ketwi
tnessedmaxi
mum i
ncr
easei
naver
agepr
oper
tyr
ateQoQ Par
amet
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ndi
a Bengal
uru
I
nQ32022,housingdemand(searches)i
nBengal
urusaw anincreaseof3.7% QoQ,whil
ethesuppl
y(ac
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sti
ngs) Demand+ -
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wit
nessedasl
ightdecr
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ndex+++ 2.0% 2.7%
InQ22022,Bengalur
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ocalemployeesstar
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i
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ngexhausted.However,wit
hseveralnew l
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I
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tylevel
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Construct
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I
nQ32022,sever
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i
nfr
ast
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RM Rat
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epr
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edpropert
iesonMagi
cbri
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sti
ngsonMagi c
br i
ckswebsit
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2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
7,
500 Pr
ojec
tName Loc
ali
ty
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est
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age
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ty Thani
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nI
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Note: Note:
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eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<5000 5000-
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owner sof423f aultybuildi
ngstoraze
structuresafterconduc t
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obser vedaQoQ
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Note:
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orRM andUCpr
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Sour
ce:Magi
cbri
cksResear
ch launchedacrosst hest atefrom Nov1.
© magi
cbr
icks.
com Page8
Demand-
Suppl
yAnal
ysi
s Bengal
uru|J
ul-
Sep2022
EastBengal
urucont
inuestobe Suppl
yofbot
h2and3BHKsi
ssi
mil
ar;hi
gherdemandf
or3BHKs
themostprefer
redl
ocati
on
amonghomebuyers. DEMAND SUPPLY
1BHK Above3BHK 1BHK
Above3BHK
Localitiessuc hasSarjapurRoadandWhi t
efiel din 3% 11% 3%
13%
eastBengal uruconti
nuet obet hemostpr eferred
locali
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rpr oxi
mi t
yto 2BHK
maj orempl oymenthubsi nElectronicCi
tyandwi thi
n 35% 2BHK
Whi tefiel ditsel
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laryRoadhasal sogained 43%
tractionduet oitspr
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Internat i
onalAi r
portandpr esenc eofnew and
upc omingempl oymenthubsi nnor thBengal uru. 3BHK
3BHK 43%
49%
"3BHKuni
tspr
icedbet
ween
INR5,000-7,
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e Notes:
pr
efer
redbyhomebuyersin 1.Demandr
2.Suppl
yr
epr
epr
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spr
sact
i
oper
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t
i
ysear
sti
c
hesonMagi
ngsonMagic
bri
c
c
bri
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kswebsi
t
t
edur
i
edur
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ngQ32022,segr
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edbyBHKc
oom,Hal
onfigurat
i
l
on.
,Ki
tchen(
BHK)configur
ati
on.
Bengal
uru.
" Sour
ce:Magic
bri
cksResear
ch

Wi t
ha49% shar eintotaldemandand43% shar
ein
totalsupply,3BHKuni tsaredominat
ingthe Mi
d-segmentpr
oper
tiesdomi
nat
ether
esi
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ialmar
ket
.
residenti
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al
supply. DEMAND SUPPLY
Mid-segmenthomes( INR5,000–7, 500psf)ac count

ed <5000
fora44% shareoft hetot
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27% 24%
againstashareof46% insupply.Demandf ort he 29% 30%
affor dabl
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compar edtoi
tssupply,whichhasdr oppedfrom 27%
inQ22022t o24% i nQ32022,under l
ini
ngt he
shortageofaffor dabl
ehousinginBengal ur
u’s
resi
dent i
almarket.
5000-7500 5000-7500
44% 46%
Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
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Demand
bylocal
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es
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
Devanahal
li
Whi
tefiel
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Kanakapur
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aMangal
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J
PNagar 3,
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Dasanapur
a Bi
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li Hoskot
e
Note:
1.Topmicro-mar
ketsoft
hec i
ty,r
Magicbri
cksinQ32022. Peenya
ateinthemicr
o-marketi
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Sour
ce:Magicbr
icksResear
ch M
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
RamoHal
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Sar
japurRoad 3,
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i
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hi
Whi
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ipur
a
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Kanakapur
aRoad 3,
700 10,
000 6 5 At
tibel
e
Thani
sandr
a 4,
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400 7 6
reet
Map
Kanakapur
aRoad
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page9
Rat
eAnal
ysi
s Bengal
uru|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Kogil
u
2.92%
Hoskot
e
2.
26%
J
alahal
li
-3.
40%
Hebbal
5.
31%
RamamurthyNagar
Mal
leshwaram -1.
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-1.50%
Kadugodi
6.99%
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a
3.
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li
-6.
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ayanagar Bel
landur
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amangal
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Ut
tarahal
li Doddakannel
li
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-
0.96%
J
PNagar9t
hPhase
7.
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Sar
japur
El
ect
ronicCit
yPhase2 0.
21%
3.94%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
6.93% -
5% -
2.5% 0% 2.
5% 5% 7.
24%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-
Aver
agepr
oper
tyr
ateswi
tnessedaQoQgr
owt
hinl
ocal
iti
esofnor
thBengal
urusuc
hasHebbal(
7.76%)
,Rac
henahal
li(
7.50%)
,andBagal
urMai
nRoad(
6.65%)
.
-
Aver
ager
atesdec
linedi
nEl
ect
roni
cCi
ty(
5%)duet
ohi
gherdemandf
orr
ent
alpr
oper
tiesi
nthel
ocal
ity.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR7,
500psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rate
(
INRpsf) Change (INRpsf) Change (
INRpsf) Change
4,
200 6.
65% Rac
henahal
li 6,
300 7.
50% Hebbal 9,
600 7.
76%
Bagal
urMai
nRoad
Bi
lekahal
li 5,
900 7.
50% RMVExt
ensi
onSt
age2 9,
500 7.
50%
Hoskot
e 3,
800 3.
54%
BegurRoad 6,
200 7.
50% Fr
azerTown 10,
200 7.
31%
At
tibel
e 3,
500 3.
21%
HosaRoad 5,
700 7.
00% Banashankar
i 9,
600 7.
00%
Gunj
ur 4,
700 1.
38% Got
tiger
e 5,
800 7.
00%
Yeshwant
pur 9,
500 6.
86%
Kadugodi 4,
900 0.
51% KRPur
am 5,
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50%
Basavanagudi 10,
700 6.
85%
Chandapur
a 3,
800 0.
21% Budi
ger
e 5,
700 4.
43%
MagadiRoad 8,
500 6.
50%
Sar
japurRoad 6,
300 3.
13%
Kenger
i 4,
400 -
1.61% Yemal
ur 9,
400 6.
25%
Thani
sandr
a 6,
400 2.
93%
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a 4,
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PNagarPhase6 8,
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00%
J
PNagar9t
hPhase 6,
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.Town 4,
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a 11,
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Budi
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eCr
oss 6,
000 1.
33%
HebbalKempapur
a 9,
300 4.
88%
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thyNagar 4,
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3.88% HSRLayout 7,
200 1.
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I
ndi
raNagar 11,
800 4.
78%
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dyar
anyapur
a 4,
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jayanagar 6,
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46%
6,
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43% J
ayanagar 11,
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97%
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iSt
age3
Hor
amavuAgar
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El
ect
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ty 4,
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Mar
athahal
li
-Sar
japurRd 7,
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leshwar
am 12,
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Raj
araj
eshwar
iNag.
. 4,
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5.27% 7,
200 -
2.90% Raj
ajiNagar 14,
400 -
2.11%
HosurRoad
Hor
amavu 4,
700 -
5.47% Bel
lar
yRoad 6,
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3.22% Bi
nnypet
e 9,
800 -
3.12%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page10
Pr
opI
ndex|Magi
cbr
icks Chennai
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Chennai
’shousi
ngmar
ketr
egi
ster
sasl
umpi
ndemandandsuppl
yofr
esi
dent
ialpr
oper
ties Par
amet
ers I
ndi
a Chennai
I
nQ32022,demand( searches)andsupply(li
sti
ngs)forhousinginChennaidecl
inedby9.2% and5.2% QoQ, Demand+ 2.
9% 9.
2%
respec
tively.Thi
sseemst obeac ycli
caldropandisexpectedt obouncebackintheupcomingfest
ivequarter
. Suppl
y++ 3.
3% 5.
2%
However ,t
heaver agepropertyrateatthecityl
evelwitnessedagr owthof2.1% QoQ. RateI
ndex+++ 2.
0% 2.
1%
Notes:
Theconst
ruct
ionofChennai
’sOut
erRingRoadc
onnecti
ngGSTRoadfrom Vandalurt
otheTir
uvotti
yurPonneri Aboveparamet ersrepr
I
ndiaandc i
tylevel
Panc
hetiRoadinMinj
urby2025isli
kelyt
oimprovec
onnec
tivi
tyandencouragehomebuyer
st opur
chasepropert
ies +c hangeinvolumeofpr opertysearches
al
ongtheperi
phery. ++c hangeinvolumeofac ti
velisti
ngs
Construct
ion
(UC)andReady- t
es
RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
8,
000
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li
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eGr
oup
r
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ease TVSEmer
ald
)
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i
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ojec
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d
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oup
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6,
000 Ur
banr
ise
Q321 Q421 Q122 Q222 Q322
epr
sby
1.RM rat
eindexrepr
esentst
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
8,
000 Pr
ojec
tName Loc
ali
ty
DoshiFi
rst
Nest Chr
omepet
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acher
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li
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i
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ngGar
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avakkam
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tyHi
ghl
ivi
ng Per
ambur
Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
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)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<5,
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000 >10,
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landowner s3. 5ti
mest hemar ketval ueof
-
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Note:
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orRM andUCpr
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s(INRpsf)asonSep2022. land parcelson thepe ri
p heryo fthe
Sour
ce:Magi
cbri
cksResear
ch airport.
© magi
cbr
icks.
com Page12
Demand-
Suppl
yAnal
ysi
s Chennai|J
ul-
Sep2022
Growingdemandinc
oast
alareas 2BHKuni
tsdomi
nat
ether
esi
dent
ialmar
ket
dr
ivesChennai
’sr
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maj orITc orri
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abil
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Notes:
empl oymentoppor tuniti
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tysearc
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bri
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tedur
ingQ32022,segregat
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l,Ki
tchen(
BHK)configur
ati
on.
pricesandpr esenceofkeyempl oymenthubsmakes 2.Suppl
yrepresentsact
iveli
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ngsonMagic
bri
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thesemi c
romar ketsapr eferreddest inati
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ce:Magic
bri
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ch
wor king-cl
asspopulation.
"2BHKunitsandt heINR Hi
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Notes:
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iveli
sti
ngsonMagic
bri
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ngQ32022,segr
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Sour
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cbr
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TopMi
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Magicbri
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Sour
ce:Magicbr
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TopMi
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ankedbythei
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tiesofthecit
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onsumerpr
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or
Magicbri
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ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page1
3
Rat
eAnal
ysi
s Chennai|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Poonamall
e TNagar
1.65% 3.33%
Thoraipakkam
1.80%
Shol
inganal
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i
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Kel
ambakkam
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reet
Map
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tiesinQ32022.
ngpr ic
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edc
olorpr
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4.98% 4.
75%
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eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Averagepropert
yrateswitnessedaQoQgrowthinlocal
itiessuc
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Magi
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I
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iti
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bricks.
com underPr
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2.Theloc
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ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page14
Pr
opI
ndex|Magi
cbr
icks Del
hi
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
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dent
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nDel
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2.Thegraphrepr
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Source:Magic
bricksResear
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UCRat
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Aver
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Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page16
Demand-
Suppl
yAnal
ysi
s Del
hi|J
ul-
Sep2022
Dwar ka,J
anakpur
i,andRohini Del
hi'
sresi
dent
ialmar
ketwasdomi
nat
edby2and3BHKuni
ts
witnessedthemosttrac
tioninQ3
2022 DEMAND SUPPLY
Thepr ominentwest ernandnor th-
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Notes:
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32022,segregat
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l,Ki
tchen(
BHK)configur
ati
on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
ion.
propert
ies(I
NR10, 000-20,000 Sour
ce:Magic
bri
cksResear
ch
psf)rosesigni
fic ant
lyfrom 26% i
n
Q2t o35% inQ32022. "
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seenin2BHKandabove3BHKpr operti
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indic
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sizedhomes.
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so,thehigh-endmicro-marketsofSouthDelhi
i
ncludi
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lashandGr eenPark,have Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
pl
entyofsupplyofpremi um proper
ties. 2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
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ngQ32022,segr
egatedbyratebuc
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Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
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Note:
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ketsoft
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Magicbri
cksinQ32022.
ateinthemicr
o-marketi
nINRpsf .
Nar
aina
Sour
ce:Magicbr
icksResear
ch
Naj
afgar
h
TopMi
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mar
ket
sbyAc
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sti
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New AshokNagar
Mi
cro-
Mar
Rat e Q3-
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reet
Map
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
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tiesofthecit
ngdemand( c
onsumerpr
efer
enc
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or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page1
7
Rat
eAnal
ysi
s Del
hi|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Dwar
kaSector22
5.
60%
Gr
eat
erKailash2
0.41%
Saket
3.
63%
Chhattar
pur
-4.
38%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
5.95% 6.
37%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Sout
hDelhil
ocali
tieswi
thi
nthehighestpr
icebr
acketof>I
NR20,
000psfr
egi
ster
edQoQpr
icegr
owt
h,i
ncl
udi
ngVasantVi
har(
7.04%)
,HauzKhasEnc
lave
(6.
55%),andGreenPark(
6.52%).
-Mostoft
hel
ocal
iti
esi
n<10,
000psfsegmental
sowi
tnessedpr
icegr
owt
hinQ32022,i
ncl
udi
ngt
her
esi
dent
ialhubsofDwar
ka,Vi
kaspur
i,andRohi
ni.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR20,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rate
(
INRpsf) Change (
INRpsf) (
INRpsf) Change
Okhl
a 9,
500 5.
18% Mal
viyaNagar 12,
900 6.
97% VasantVi
har 30,
900 7.
04%
Vi
kaspur
i 9,
700 4.
72% HauzKhasEnc
lave 30,
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Saket 15,
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76%
Dwar
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49%
Gr
eenPar
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45% Raj
our
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Sar
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94%
Rohi
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50% Ki
rtiNagar 13,
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62%
Dwar
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200 2.
50% Gr
eat
erKai
lash2 23,
300 5.
91%
8,
800 2.
33% AnandVi
har 15,
500 4.
06%
Dwar
kaSec
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hsheelEnc
lave 25,
400 5.
83%
Dwar
kaSec
tor12 8,
800 2.
33% J
anakpur
i 14,
400 3.
76%
Gr
eenPar
kExt
ensi
on 25,
300 5.
42%
Rohi
niSec
tor22 7,
200 2.
32%
Kal
kaj
i 14,
300 3.
62% Saf
dar
jungEnc
lave 24,
100 4.
78%
Dwar
kaSec
tor23 8,
900 2.
30%
Dwar
kaSec
tor22 9,
000 2.
27% RameshNagar 11,
300 2.
73% Saf
dar
jung 27,
200 4.
62%
Dwar
kaMor 4,
600 2.
22% Gr
eat
erKai
lash1 23,
100 4.
52%
VasantKunj 14,
500 2.
01%
Chhat
tar
pur 4,
600 2.
22%
15,
300 2.
00% New Fr
iendsCol
ony 24,
000 4.
35%
5,
300 1.
92% Punj
abiBagh
Shahdar
a
New Raj
endr
aNagar 24,
900 4.
18%
Mahavi
rEnc
lave 5,
500 1.
85% Pr
eetVi
har 15,
300 1.
58%
Dwar
kaSec
tor7 8,
800 1.
15% Panc
hsheelPar
k 30,
000 4.
17%
Sout
hExt
ensi
on2 16,
600 -
2.35%
Dwar
kaSec
tor13 8,
800 1.
15% Def
enc
eCol
ony 29,
500 2.
98%
Dwar
kaSec
tor6 9,
100 1.
11% Chi
ttar
anj
anPar
k 15,
900 -
2.94%
AnandNi
ket
an 26,
700 2.
69%
Khanpur 3,
900 -
1.27%
Kai
lashCol
ony 16,
300 -
4.12% 24,
400 2.
52%
4,
700 -
2.08% HauzKhas
Nawada
MohanGar
den 4,
400 -
2.22% EastOfKai
lash 16,
200 -
4.71% Gul
moharPar
k 29,
300 1.
34%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page18
Pr
opI
ndex|Magi
cbr
icks Gur
ugr
am
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
St
rongdemandgr
owt
handst
eadypr
iceappr
eci
ati
ondefinedGur
ugr
am’
sresi
dent
ialmar
ket Par
amet
ers I
ndi
a Gur
ugr
am
Gurugram r
ecordedaQoQgr owthinhousi
ngdemand( sear
c hes)of7.
4% inQ32022bui
ldi
ngont hemomentum i
t Demand+ 2.
9% 7.
4%
achi
evedintheprevioust
woquar t
ers.Thesuppl
y(l
ist
ings),however,fel
lby3.
8% QoQasinvent
orydecr
easedand Suppl
y++ 3.
3% 3.
8%
new l
aunchesremainedmuted. RateI
ndex+++ 2.
0% 1.
5%
Notes:
Theoveral
laveragerat
eatthecit
ylevelf
orr
esi
denti
alpr
opert
iesinc
reasedby1.5% i
nQ32022,ontopofa1. 7% Aboveparamet ersrepr
I
ndiaandc i
tylevel
growthinQ22022.Thissust
ainedpri
ceri
sewasdri
venbyasubstant
iali
ncreasei
nthepr
icesofUCproper
ties,to +c hangeinvolumeofpr opertysearches
thetuneof5.2% QoQ. ++c hangeinvolumeofac ti
velisti
ngs
Construct
ion
(UC)andReady- t
es
RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
10,
000
DLFLt
d.
9,
000 Si
gnat
ureGl
obal
"RM segmentpost
ed
)
NRpsf
Uni
tec
hGr
oup
aQoQprice Godr
ejPr
oper
ties
nI
8,
000
inc
rementof0.9%."
e(i
M3M I
ndi
a
ageRat
Vat
ikaGr
oup
7,
000
EmaarI
ndi
a
Aver
AnsalAPI
6,
000
I
reoManagement
5,
000 Best
echGr
oup
Q321 Q421 Q122 Q222 Q322
epr
sby
1.RM rat
eindexrepr
esentst
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
10,
000 Pr
ojec
tName Loc
ali
ty
"Averagepr i
ceinthe MapskoMountVi
ll
e Sec
tor79
9,
000
)
UCsegment
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Tr
ehanLuxur
yFl
oor
s Gol
fCour
seExt
.Rd.
si
gnific ant
lygrew by
nI
8,
000
i
5.2% QoQ." Sunc

ityAvenue102 Sec
tor102
e(
ageRat
7,
000 Si
gnat
ureMi
ll
enni
a Sec
tor37D
Aver
Si
dhar
thaNCROne Sec
tor95
6,
000
Cr
esc
entGr
eenPar
C Sec
tor92
5,
000
Sur
endr
aHomes Sec
tor15Par
t2
Q321 Q421 Q122 Q222 Q322
Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<5,
000 5,
000-
10,
000 >10,
000 1.TheGover nmentofHar yanahas
proposedapl antoconstructtwo
0.
29%
affordablehousingprojectsinSector95,
around5km f rom Sul
tanpurNat i
onal
"BothRM andUC Park.Addit
ionall
y,theconst r
ucti
onofa
new campusofSGTHospi talhasalsobeen
0.
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proper
tiesobserved proposed.
0.
14% 0.
15% averagerateincr
easein 2.TheMuni cipalCorporati
onofGur gaon
0.
13% 0.
13%
allsegmentsfrom 0.1% (MCG)haspl annedt ousenear l
y224ac res
ofitsvacantur banlandforresi
dential
,
t
o0.3% QoQ." commer cial
,instit
utional
,and
inf
rastructuraldevelopment,across
Sectors33,35,58,61,62,65,75,102,
102A,103,106,108,and109.
RM UC RM UC RM UC
Note:
Abovetabl
erepr
esent
sther
atec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iousr
atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page20
Demand-
Suppl
yAnal
ysi
s Gur
ugr
am |J
ul-
Sep2022
Midandpremium segments 76% ofGur

ugr
am’
sdemandc
onc
ent
rat
edi
n3BHKand>3BHKsegment
s
gainedmomentum ashomebuyer
s
showedpref
erenceforl
arger DEMAND SUPPLY
homes Above3BHK
1BHK 1BHK
2BHK
2% 2BHK Above3BHK 1%
22% 18%
3BHKuni t
sconti
nuedtobethemostfavoured 22% 28%
configurat
ionandacc
ountedformor
et han50% of
Gurugram’st
otalr
esi
denti
aldemandandsupply.
"Mid-segmentproperti
es(INR
5,000-10,000psf)ruledt
her oost
3BHK 3BHK
andac countedforasubstanti
al 54% 53%
c hunkoft hedemandat63% and
Notes:
supplyat67% dur i
ngQ32022. " 1.Demandrepresentsproper
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32022,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
ion.
Sour
ce:Magic
bri
cksResear
ch
Int
eresti
ngly,Q32022mar kedani ncr
easeinthe
demandandsuppl yofpremium properties(
>INR
10,000psf)
.Whi leconsumersear c
hesi nthi
s
segmentroset o15% inQ32022f rom 12% i
nQ2 Demand-
suppl
ymi
smat
chi
nI
NR10,
000psfsegment
s
2022,acti
velisti
ngsalsoincreasedto21% inQ3
2022from 16% inQ22022. DEMAND SUPPLY
The2BHKunitshadashareof22% ofconsumer >10,
000 <5,000
<5,000 >10,
000
sear
chesand18% int
hecit
y'sact
iveli
stings. 16% 12%
22% 22%
Simi
lar
ly,t
he>3BHKuni t
shadashar eof22% in
sear
chesevenasshar
einsupplywas28%.
The<INR5,000psfsegmentac countedfor22% of
homebuyersearchesinQ32022,wher east he
corr
espondi
ngsuppl yis12%,whichimplies
li
mitedavai
labi
li
tyofaffor dabl
epr oper
ties.
5,
000-10,
000 5,
000-10,
000
New Gur urgam,SohnaRoad,andGol fCourse 62% 66%
Extensioncontinuedtobet het opper f
orming Notes:
micro-markets,supportedbyf actorssuchas 1.Demandrepresentsproper
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
soundc onnectivi
ty,bet
t eraccesstooffic ehubs,
andavai l
abili
tyofaffordabl ehousingopt i
ons. Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
New Gur
ugr
am 3,
300 8,
300 1 1
SohnaRoad 4,
900 11,
500 2 3 Ansal
Gol
fCour
seExt
. 5,
700 13,
600 3 2
Dwar
kaExpr
essway 3,
900 10,
200 4 4
Cent
ralGur
ugr
am 5,
400 11,
500 5 8
DLF 8,
300 13,
300 6 5
SushantLok2&3 5,
700 8,
700 7 6
Note:
1.Topmicro-mar
ketsoft
hec i
ty,r
Magicbri
cksinQ32022.
ateinthemicr
o-marketi
nINRpsf .
Sec
tor9
Sour
ce:Magicbr
icksResear
ch
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs Sec
tor33
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
New Gur
ugr
am 3,
300 8,
300 1 1 Sec
tor91
New Gur
gaon
SohnaRoad 4,
900 11,
500 2 3 Sec
tor63A
I
MTManesarSec
tor81A Sec
tor70A
Gol
fCour
seExt
. 5,
700 13,
600 3 2
Cent
ralGur
ugr
am 5,
400 11,
500 4 7 Sec
tor79
DLF 8,
300 13,
300 5 5
Dwar
kaExpr
essway 3,
900 10,
200 6 4
SushantLok2&3 5,
700 8,
700 7 6
reet
Map
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page21
Rat
eAnal
ysi
s Gur
ugr
am |J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Sec
tor90
2.
02%
SohnaRoad
1.02%
Sec
tor65
Sec
tor84 7.
47%
5.
24%
Sector68
Sector70A
-2.
97%
-
4.85%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
7.50% 7.
50%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Local
iti
eswithi
nthemicr
o-marketsofNew Gurugr
am,andDwarkaExpr
esswaysaw pr
iceappr
eci
ati
oni
nQ32022.Thesei
ncl
udeSec
tor37D(
7.27%)
,Sec
tor86
(6.
56%) ,Sec
tor102(6.
19%),Sect
or83(5.66%),andSec
tor85(
2.17%).
-Mostofthelocal
iti
esal
ongGolfCourseExtensi
onRoadandSohnaRoadwi
tnessedQoQpr
icei
ncr
ementont
hebac
kofi
ncr
easedbuyeri
nter
est
,sound
connec
tivi
ty,andeasyac
cessi
bil
itytoemploymenthubs.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR10,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change (
INRpsf) (
INRpsf)
Sec
tor37D 5,
900 7.
27%
6,
000 7.
14% Sec
tor65 11,
000 6.
80%
Sec
tor85 4,
700 2.
17% Sec
tor92
Sec
tor86 6,
500 6.
56%
Sec
tor102 6,
400 6.
19% Sec
tor24 11,
800 6.
22%
Sec
tor89 4,
200 1.
99% Sec
tor83 5,
600 5.
66%
Sec
tor90 5,
700 5.
56% Gol
fCour
seRoad 14,
400 5.
88%
Sec
tor106 7,
600 5.
56%
Sec
tor84 4,
900 1.
70% Sec
tor66 8,
600 4.
88%
DLFCi
tyPhase1 11,
500 5.
71%
Sec
tor67 7,
300 4.
29%
Gol
fCour
seExt
.Rd 8,
800 3.
53%
Sec
tor91 4,
700 1.
42% 6,
300 3.
28% Sec
tor54 14,
900 5.
67%
Sec
tor109
Sec
tor104 6,
300 3.
28%
Sec
tor69 6,
400 3.
23% DLFCi
tyPhase2 11,
500 5.
50%
Sec
tor107 5,
000 1.
21%
Sec
tor68 7,
200 3.
17%
Sec
tor70 6,
600 3.
13%
Sec
tor26 12,
300 5.
13%
Sec
tor72 8,
200 2.
50%
Sohna 4,
900 0.
45%
Sec
tor79 6,
300 2.
21%
SohnaRoad 7,
900 1.
79% Sec
tor22 11,
000 3.
77%
Sec
tor103 4,
800 0.
13% Sec
tor67A 7,
800 1.
47%
Sec
tor70A 6,
700 1.
30% Sec
tor59 13,
000 3.
39%
Sec
tor112 8,
700 1.
20%
Sec
tor37C 4,
600 -
1.12% Sec
tor111 8,
100 1.
14%
M GRoad 11,
300 3.
20%
Sec
tor108 6,
300 0.
67%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page22
Pr
opI
ndex|Magi
cbr
icks Hyder
abad
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Despi
teadec
linei
nsuppl
yanddemand,aver
agepr
iceswi
tnessedahi
ke Par
amet
ers I
ndi
a Hyder
abad
I
nQ32022,demand( searches)andsuppl
y(listi
ngs)f
orhousi
nginHyderabaddecl
inedby6.9% and4.
7% QoQ Demand+ 2.
9% 6.
9%
r
espec
tivel
y.However,theaveragepropert
yr ateatthec
ityl
evelwi
tnessedagrowthof2.7% QoQ. Suppl
y++ 3.
3% 4.
7%
RateI
ndex+++ 2.
0% 2.
7%
Liket hepreviousquar ter,homebuyerssteeredcl
earofpr oj
ect sbysmalldevel
opersinQ32022. Ther
ei saconti
nued Notes:
resistancetobuypr opertiesthathavebeenpre-l
aunchedwi thoutproperregulat
oryapproval
sinplace.Thedemand Aboveparamet ersrepr
I
ndiaandc i
tylevel
forr esi
dentialunitsisalsodippingasseveraloffic esaresti
lloperati
ngonawor kfr
om homemode,t husgivingthei
r +c hangeinvolumeofpr opertysearches
empl oyeesthef reedom toc ontinueworki
ngf r
om theirhomet owns. ++c hangeinvolumeofac ti
velisti
ngs
Construct
ion
(UC)andReady- t
es
RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
7,
000
"RM segment ModiBui
lder
s
winessedanaver
t age Sr
iAdi
tyaSquar
es
)
NRpsf
6,
500
rategrowthof2.
0% Ur
banr
ise
QoQ." Shant
aSr
iram Const
ruc
tions
e(nI
i
EAPLGr
oup
6,
000
ageRat
SMRHol
dings
Hal
lmar
kBui
lder
s
Aver
5,
500 Pr
est
igeEst
atesPr
ojec
tsLt
d.
NCCConst
ruc
tion
5,
000 I
ndi
s
Q321 Q421 Q122 Q222 Q322
epr
sby
1.RM rat
eindexrepr
esentst
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
7,
000 Pr
ojec
tName Loc
ali
ty
"UCsegment Dhi
vyaShr
eeShakt
hi Mi
yapur
winessedanaver
t age
)
NRpsf
6,
500 Sr
ust
iSymphony Kondapur
rategrowthof3.
1% For
tuneGr
eenhomes Tel
lapur
nI
QoQ."
i
Ri
ddhi
sGol
denNest Mani
konda
e(
6,
000
ageRat
Aspi
reSpac
esAmeya Mi
yapur
Gol
fEdge Gac
hibowl
i
Aver
5,
500 Ver
texPr
ist
ine HyderNagar
GhrTi
tani
a Kondapur
Pr
ekonJ
ewel Ami
npur
5,
000
Q321 Q421 Q122 Q222 Q322 Pac
ific
aHi
ll
crest Gac
hibowl
i
Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<5,
000 5,
000-
7,500 >7,
500
0.
48%
1.TheGr eaterHyderabadMuni ci
pal
Corporation(GHMC)hasac hieved49.6%
0.
34%
"BothRM andUC ofitsannualincomet argetbyear ni
ng
0.
27%
pr
operti
eswitnesseda 993.88Cr .f
rom 9.64lakhpr operty
owner s.Offic i
alscredittheear l
ybird
0.
22% hi
keinratesacrossal
l schemef orthisrecor
dc oll
ec t
ion.
0.
18%
0.
16% segments.
"
2.TheHyderabadMet r
opoli
tan
DevelopmentAuthori
ty(HMDA)
conductede-
aucti
onsfor85plots
i
nc l
uding34plot
sinTurkamyamj aland51
plotsi
nBahadurpall
y,whichfet
chedt he
RM UC RM UC RM UC governmentINR137Crt ot
all
y.
Note:
Abovetabl
erepr
esent
sther
atec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iousr
atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page24
Demand-
Suppl
yAnal
ysi
s Hyder
abad|J
ul-
Sep2022
Gachi
bowliconti
nuest
or emai
n 3BHKuni
tsc
ont
inuet
ohol
dmaj
ori
tyshar
eint
hemar
ket
themostprefer
redmicr
o-market
DEMAND SUPPLY
Gachibowliagainemer gedast hetopmicro-marketi
n
termsofbot hdemandandsuppl yduetoexc el
lent Above3BHK 1BHK Above3BHK 1BHK
connectivi
tywi t
ht heNehr uORR,l astmil
emet ro 11% 3% 12% 2%
connectivi
ty,andpr esenc eofkeyempl oymenthubs
suchasMi ndspac eITPar k,DLFCyber ci
tyamongst 2BHK 2BHK
others.I
naddi ti
ont othis,r apidl
ydeveloping 41% 43%
inf
rastructuremakest hisl ocalit
ythetoppr i
orit
yfor
mostoft hemi grantpopul at i
on.
Mostoft hedemandi nHyder abadc onti

nuestor emai
n 3BHK 3BHK
45% 43%
concentr
atedinnor th-
west ernmicro-marketssuchas
Gachibowli
,KondapurandMi yapur,asmaj or
ityofthe
I
T,commer cialandkeyr esi
dentialdevelopmentsare
concentr
atedher e. Notes:
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32022,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
ion.
"3BHKunitsanduni tscosti
ng Sour
ce:Magic
bri
cksResear
ch
bet
weenINR5, 000-7,500psf
werethemostsearchedc ri
ter
iai
n
Hi
ghdemandf
ormi
d-segmentpr
oper
tiespr
icedi
ntheI
NR5,
000-7,
500psfr
ange
thecity.
"

-
Whil
e3BHKsgainedt hehighestt
ract
ioni
n
DEMAND SUPPLY
t
ermsofdemand,supplyf
or2BHKsi smore.
>7,500 >7,500
19% 20%
-
Eventhoughdemandformid-
segmentpr oper
ties <5,000 <5,000
(
INR5,
000- 7,
500psf
)isthehi
ghest,homebuyers 38% 37%
i
nHyderabadareal
sokeenonlargeunit
s.
5,
000-7,
500 5,
000-7,
500
44% 43%
Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
Gac
hibowl
i 10,
100 3,
800 1 1 Dundi
gal Medc
hal
Sadashi
vpet Sangar
eddy
Miyapur 6,
700 2,
800 2 2
Kondapur 8,
800 5,
000 3 4 Shami
rpet
Kandi
Kukat
pal
ly 9,
100 3,
500 4 3 I
ndr
esham
Rudr
aram
Uppal 6,
800 3,
300 5 8
Mut
hangi Sec
under
abad
Medc
halHi
ghway 6,
300 2,
200 6 7 Kompal
ly
Keesar
a
J
ubi
leeHi
ll
s 14,
000 5,
500 7 5 Nandi
gama Pat
anc
her
u Yapr
al
Qut
hbul
lapur
Kapr
a
Note: Bhanoor
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbynumberofsearcheson Veli
mel
a Bowenpal
ly B
Cher
lapal
li Aushapur
Magicbri
cksinQ32022.
Tel
lapur
ateinthemicr
o-marketi
nINRpsf . Mal
kaj
gir
i Ghat
kesar
Sour
ce:Magicbr
icksResear
ch Moki
la
Kol
lur Nar
apal
ly
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs Amber Peer
petUppal zadi
guda
Mehdi
pat
nam
Mi
cro-
Mar
ket Min. Max. Rank Rank Gandi
pet
Rat e Q3-
e Rat 22 Medi
22 Q2- pal
ly
SunCi
ty
Sar
oor
nagar Tar
amat
ipet
Appaj
unc
tion
Gac
hibowl
i 10,
100 3,
800 1 1
Mi
yapur 6,
700 2,
800 2 2 Moi
nabad Nagar
junaSagarRoad
Chevel
la Raj
endr
aNagar Abdul
lapur
met
Kondapur 8,
800 5,
000 3 3 apurI
Bal brahi
mpat
nam Road
Kukat
pal
ly 9,
100 3,
500 4 4 Sr
isai
lam Hi
ghway
Tur
kayamj
al Ramoj
iFi
lm Ci
tyMai
nRoad
Medc
halHi
ghway 6,
300 2,
200 5 5
Uppal 6,
800 3,
300 6 7 Shamshabad
Adi
bat
la
Mehdi
pat
nam 8,
400 3,
000 7 6
reet
Map
Tukkuguda
Kongar
aKal
an
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page25
Rat
eAnal
ysi
s Hyder
abad|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Sai
nikpur
i
6.95%
Boduppal
Shaikpet 2.92%
3.84%
LBNagar
2.
26%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
4.09% -
5% -
2.5% 0% 2.
5% 5% 6.
95%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Averagepr
opertyrat
eswitnessedaQoQgrowthinpri
mer esi
dent
iall
ocat
ionsl
ikeMadhapur(
6.5%)
,HI
TECCi
ty(
6.3%)
,andBanj
araHi
ll
s(6.
2%)
,owi
ngt
o
short
ageoffreshl
andparc
els,new l
aunc
hesandincr
easingdemand.
-Averagerat
esdec
linedi
nkeyempl
oymenthubssuc
hasGac
hibowl
i(3.
8%)
,andFi
nanc
ialDi
str
ict(
3.7%)duet
ohi
gherdemandf
orr
ent
alpr
oper
tiesi
nthese
loc
ali
ties.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR7,
500psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change (
INRpsf) (
INRpsf)
Kol
lur 3,
300 5.
67% Chandanagar 5,
400 6.
51%
Ramac
handr
aPur
am 4,
100 3.
90% Mi
yapur 5,
700 6.
20% Madhapur 8,
300 6.
55%
Pat
anc
her
u 3,
000 3.
59%
Appaj
unc
tion 5,
700 5.
95%
Al
kapurTownshi
p 4,
700 2.
22%
LBNagar 5,
800 5.
61%
Ni
zampet 3,
800 1.
99% Hi
tec
hCi
ty 8,
500 6.
30%
4,
400 1.
83% Mani
konda 5,
700 5.
48%
Sai
nikpur
i
Gaj
ular
amar
am 4,
100 1.
76% Begumpet 5,
800 5.
44%
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hupal
ly 3,
600 1.
64% Nal
lagandl
a 6,
300 4.
53% Banj
araHi
ll
s 8,
500 6.
25%
Beer
amguda 3,
400 1.
19%
Madi
naguda 5,
900 4.
46%
Bandl
agudaJ
agi
r 4,
500 0.
83%
Nar
singi 6,
300 4.
03%
Pr
agat
hiNagar 4,
100 -
0.29%
Kondapur 6,
700 3.
91% Shai
kpet 8,
000 6.
19%
Uppal 4,
700 -
2.29%
Nagol
e 4,
400 -
3.47% Kukat
pal
ly 6,
400 1.
70%
Boduppal 4,
200 -
3.63% Haf
eez
pet 6,
100 -
0.25%
4,
600 -
4.21% J
ubi
leeHi
ll
s 10,
600 5.
51%
Puppal
aguda 6,
500 -
0.28%
Hi
mayat
hNagar
Al
wal 4,
400 -
4.37%
Kokapet 6,
500 -
0.52%
Tol
iChowki 4,
000 -
4.56%
Fi
nanc
ialDi
str
ict 7,
200 -
3.72% Nanakr
am Guda 8,
000 5.
21%
Mehdi
pat
nam 4,
100 -
6.54%
At
tapur 4,
300 -
6.72% Gac
hibowl
i 7,
100 -
3.85%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page26
Pr
opI
ndex|Magi
cbr
icks Kol
kat
a
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Kol
kat
a’shousi
ngmar
keti
sdr
ivenpr
imar
ilybydemandf
oraffor
dabl
ehousi
ng. Par
amet
ers I
ndi
a Kol
kat
a
I
y(listi
ngs)f
orhousi
nginKolkat
adecl
inedby2.2% and0.
9% QoQ, Demand+ -
2.9% -
2.2%
r
espec
tivel
yr ateatthec
ityl
evelwi
tnessedagrowthof1.
8% QoQ. Suppl
y++ -
3.3% -
0.9%
RateI
ndex+++ 2.0% 1.8%
Asthedemandf oraffordabl
ehousingremai
nspersist
entlyhigh,pr
ivatedevel
operst
hathaverecei
vedlandatzer
o Notes:
ornominalc
ostshavelaunchedaffordabl
ehousingproject
sinandar oundtheci
tyatpredet
erminedrat
es.Thi
shas Aboveparamet ersrepr
I
ndiaandc i
tylevel
augmentedsupplyfort
heaffor dabl
esegmentinseveralpart
sofKolkata. +c hangeinvolumeofpr opertysearches
velisti
ngs
Construct
ion
Ontheotherhand,demandandsuppl
yformedi
um andhi
gh-
endhousi
nghasmost
lybeenst
agnant
,wi
thf
ew
(UC)andReady- t
es
l
aunchesalongtheperi
pher
yoftheci
ty. Source:MagicbricksResearch
RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
6,
000
Sr
ijanReal
ty
"RM segment
Godr
ejPr
oper
ties
r
ec ordedanincr
ease
)
NRpsf
5,
500 Magnol
iaI
nfr
ast
ruc
tur
eDevel
opmentLt
d.
of1.5% QoQinthe
PSGr
oup
nI
averager
ate."
e(i
Ambuj
aNeot
ia
5,
000
ageRat
Raj
wadaGr
oup
Uni
tec
hGr
oup
Aver
4,
500 I
dealRealEst
ate
Sur
ekaMer
lin&J
BGr
oup
4,
000 ManiGr
oup
Q321 Q421 Q122 Q222 Q322
epr
sby
1.RM rat
eindexrepr
esentst
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
6,
000 Pr
ojec
tName Loc
ali
ty
"UCsegmentposted Sukhobr
ist
i New Town
growthof3.1% QoQin
)
NRpsf
5,
500 Vedi
cVi
ll
age Raj
arhat
theaver
agerate.
" Gi
tanj
aliApar
tment Sodepur
nI
i
New Kol
kat
aSangam Sr
irampur
e(
5,
000
ageRat
For
tuneTownshi
p Bar
asat
Ur
banVi
sta Raj
arhat
Aver
4,
500 Vi
shnuPr
imus Bhawani
pur
Cur
ioc
ityCl
assi
c New Town
MeenaAur
um Phase2 Gour
anganagar
4,
000
Q321 Q421 Q122 Q222 Q322 Ci
tyGar
denMandi
rtal
a Mandi
rtol
la
Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h
Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews
<5,
000 5,
000-
7,500 >7,
500
0.
10%
"BothRM andUC
1.Dur ingJ ul
y2022,t hetotalvolumeof
pr
opertieswitnessedan registrationofhomesaledeedsjumped
124% YoYi nKolkata.Thi
shasbeent he
averageQoQr ate second- highestregi
strati
onofr esi
dential
0.
06%
incr
easeof0. 03to saledoc ument ssincetheintroducti
on
of
0.
05% cutinst ampdut yayearago.
0.
04% 0.
10% inallsegment s.
”
0.
03%
0.
03% 2.Metroservi
cesfrom Sealdahto
Sect
or-V,whichi
sapar toftheEast-
West
metrocorri
dorstartedinJuly.Thenew
metroservi
ceswillhelpcommut erstravel
fr
om theSealdahrailwaystationtothe
RM UC RM UC RM UC ci
tymor eeasi
ly.
Note:
Abovetabl
erepr
esent
sther
atec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iousr
atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page28
Demand-
Suppl
yAnal
ysi
s Kol
kat
a|J
ul-
Sep2022
Homebuyer
sinKolkat
aconti
nue 2and3BHKuni
tsc
ont
inuet
odomi
nat
eresi
dent
ialmar
ket
tof
avouraffordabl
eproper
ties
DEMAND SUPPLY
Affor dabil
ityc
ontinuestobethekeygrowthdri
verf
or
Kolkata’
shousingmar ket
.Withmorethan60% Above3BHK 1BHK Above3BHK 1BHK
mar ketsharei
nbot hdemandandsupply,t
his 8% 6% 8% 5%
segment( <INR5,000psf)conti
nuestodominat
e
Kolkata’
shousingmar ket
.
Kol
kat a’
spremium segmentmarkethasbeenont he
backseatwhenitcomest ohomebuyer’spref
erence. 2BHK 3BHK
3BHK 2BHK
However ,t
herehasbeenaslighti
nc r
easeinboth 42% 39%
44% 48%
demandandsuppl yinQ32022,asc omparedtoQ2
2022.

"Raj
arhat-
Newtownar et
he Notes:
mostpref
erredl
ocal
iti
esfor 1.Demandr
2.Suppl
yr
epr
epr
esent
esent
spr
sact
i
oper
vel
t
i
ysear
sti
c
hesonMagi
ngsonMagic
bri
c
c
bri
ckswebsi
kswebsi
t
t
edur
i
edur
ingQ32022,segr
ngQ32022,segr
egat
egat
edbyBedr
edbyBHKc
oom,Hal
onfigurat
i
l
on.
,Ki
tchen(
BHK)configur
ati
on.
homebuying.
" Sour
ce:Magic
bri
cksResear
ch

RajarhatandNewt ownc ontinuet
obet hemost
preferr
edmi c
r omarket
sf orhomebuying,duet
otheir Hi
ghdemandper
sist
sforaffor
dabl
epr
oper
ties
proximitytotheair
portandkeyempl oymenthubs.
2and3BHKsc ont i
nuetoholdasi gnificantmarket DEMAND SUPPLY
sharei
nKolkata.3BHKshavet hehi ghestdemand
with44% marketsharefol
lowedc loselyby2BHKsat >7,500 >7,500
42%.Thesupplyhasbeenc onstantf r
om Q22022, 11% 12%
with2BHKshavi ngthemajori
tyshar eof48%,
fol
lowedby3BHKsat39%. 5,
000-7,
500 5,
000-7,
500
28% 26%
<5,000 <5,000
61% 62%
Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
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egatedbyratebuc
ket
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Sour
ce:Magi
cbr
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TopMi
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mar
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ches Propensi
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ermsofsear
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Mi
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Note:
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ketsoft
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Magicbri
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ateinthemicr
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Sour
ce:Magicbr
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ah
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TopMi
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hec i
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ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
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ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page29
Rat
eAnal
ysi
s Kol
kat
a|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Barasat
-6.
94%
Ut
tarpara
-
6.33%
LakeTown
4.
64%
Ac
tionArea1
4.81%
Behal
a
6.65% Mukundapur
0.97%
Bansdr
oni
0.23%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
7.42% -
5% -
2.5% 0% 2.
5% 5% 6.
65%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Averageproper
tyrateswit
nessedaQoQgrowthinpremium l
ocal
iti
essuchasAnwarShahRoad(7.47%),Bhawani
por
e( 6.
50%),andpl
annedlocal
iti
essuchas
Patul
i(7.44%)andNew Town(7.43%)
.Subur
banlocal
iti
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ndicati
ngthat
theci
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-Wi
thnonew l
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educ
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ypopul
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ocal
iti
essuc
hasLakeTown(
5.46%)andHowr
ah(
5.23%)ar
ewi
tnessi
ngadi
pinpr
ices.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR7,
500psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e(INR Rat
eChange Loc
ali
ty Avg.Rat
e Rate
(
INRpsf) Change psf
) (
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Ai
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Raj
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rac
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her
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5.23% LakeGar
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ipor
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51%
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Note:
iti
sisaninterac
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vetabl
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2.Theloc
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ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page30
Pr
opI
ndex|Magi
cbr
icks Mumbai
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Mumbai
’sr
esi
dent
ialmar
ketwi
tnessedasur
gei
nconsumersear
chesanddi
pinl
ist
ings Par
amet
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ndi
a Mumbai
InQ32022,housingdemand( sear
ches)int
hecit
ywitnessedagrowt
hof1.9% QoQ,wher
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2.9% 1.9%
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ear i
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i
nventory,changesintheFSIrules,unavailabi
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ndiaandc i
tylevel
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RM Rat
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Source:Magic
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UCRat
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Pr
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22,
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Note: Note:
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eonMagi c
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Sour
ce:Magicbri
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Aver
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inI
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ocal
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s I
ntheNews
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oftheDepartmentofRegist
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rat
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-
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-
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-
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orRM andUCpr
oper
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ordomi
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lassesi
neac
hloc
ali
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atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page32
Demand-
Suppl
yAnal
ysi
s Mumbai|J
ul-
Sep2022
MaladandKandival
icont
inueto 2BHKi
sthemostsear
chedandi
ndemandc
onfigur
ati
oni
nMumbai
bethemostpreferr
edlocal
iti
es
forhomebuyer
s DEMAND SUPPLY
Above3BHK Above3BHK
Thet opl
oc al
iti
esi nMumbaii nQ32022c ont i
nuetobe 6% 6%
1BHK 1BHK
MaladandKandi vali
,fol
lowedbyBor i
valiandDahisar.
28% 30%
Theirpopularit
yc anbeat t
ributedtoc onstructi
onof
thecoastalroad,launchofphase1oper ationsofthe 3BHK 3BHK
new metrol i
nes2Aand7,andl aunc
hofnew 24% 21%
resi
dentialprojectsbywell-knowndevel opers.
Mor eover,l
ocal
iti
essuchasMi r
aRoad,Goregaonand
Andher ial
soattr
ac tedalar
genumberofbuyersdue
totheirproximi
tyt ovari
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he 2BHK 2BHK
air
por tandgoodc onnect
ivi
tyopti
ons. 42% 43%

Notes:
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tysearc
hesonMagic
bri
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tedur
ingQ32022,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
ion.
demandandsuppl yshar
efor2 Sour
ce:Magic
bri
cksResear
ch
BHKsandthemostpr ef
erred
r
atesr
angebet weenINR15,000
I
NR15,
000-25,
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to25,000psf"

-I
nQ32022,2BHKuni tscont
inuedtobemost
DEMAND SUPPLY
prefer
redbyhomebuyer sanddevel
opers,
>25,
000
contri
butingto42% i
ndemandand43% i nsuppl
y, >25,
000
24% <15,
000 20%
respecti
vely. <15,
000
31%
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ntermsofhousi
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demandandsupplyofpr
oper
t i
eshavebeen
observedf
ormid-
segmentpr
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es(INR15,
000
–25,000psf)
.
15,
000-25,
000 15,
000-25,
000
45% 45%
Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22 Nai
gaonEast
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Note:
1.Topmicro-mar
ketsoft
hec i
ty,r
Magicbri
cksinQ32022.
ateinthemicr
o-marketi
nINRpsf .
Sour
ce:Magicbr
icksResear
ch
Vi
khr
oliEast
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs
Mi
cro-
Mar
ket Min. Max. Rank Rank NaviMumbai
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Rat e Q3-
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Mal
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egaon 9,
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For
t
Andher
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Mul
und 11,
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aba
reet
Map
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page33
Rat
eAnal
ysi
s Mumbai|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
MulundEast
2.89%
Tardeo
-6.
81%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
7.27% -
5% -
2.5% 0% 2.
5% 5% 7.
21%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-Al
ongwi thafew affor dableloc
ali
tiessuc hasNalasoparaWest( 3.28%),VirarWest(2.28%)andVasai(1.29%)
,otherwesternsubur
bsi nc
ludingDahisar
(7.
35%) ,Akrul
iNagar( 7.16%)andVi khroliWest(7.10%)witnessedgr owthinaverageratesmainl
yduet osust
ainedhighdemandandt helaunchofphase1
operat
ionsofmet rolines2Aand7.
-Homebuyer si
nterestedinbiggerandl uxuri
oushomeswi t
hqual i
tyameni t
iesandproximityt
oempl oymenthubsareinvest
inginBycul
la,DadarEast,and
BandraKur l
aCompl exwi ththei
rrespectiveshareindemandbei ng7. 4%,7.3% and7.2%.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR25,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rate
(
INRpsf) Change (
INRpsf) (
INRpsf) Change
Dahi
sar 16,
200 7.
35% Byc
ull
a 31,
400 7.
43%
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asopar
aWest 4,
600 3.
28% Akurl
iNagar 17,
100 7.
16%
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Vikhr
oliWest 16,
100 7.
10%
Vi
rarWest 4,
900 2.
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laEast 16,
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91% Bandr
aKur
laCompl
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24%
JogeshwariWest 18,
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67%
Sant
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23%
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lage 16,
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64%
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ral 30,
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ival
iEast 18,
100 5.
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N.Nagar 29,
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23%
Kur
laWest 16,
400 5.
12%
Mul
undWest 18,
200 3.
95% Bandr
aWest 41,
800 6.
62%
RamdevPar
k 8,
600 0.
84% GoregaonEast 19,
300 2.
24% 30,
400 6.
54%
Par
el
AndheriWest 24,
500 1.
44%
Chembur 20,
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28% Si
onEast 31,
600 6.
37%
Mi
raRoad 8,
900 0.
45%
GoregaonWest 18,
400 1.
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li 37,
500 5.
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Powai 20,
100 0.31%
Char
kop 14,
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el 34,
600 3.
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koparEast 20,
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0.62%
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600 3.
19%
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© magi
cbr
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Pr
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ndex|Magi
cbr
icks NaviMumbai
J
ul-
Sep2022
Resi
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Sour
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© magi
cbr
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com Page36
Demand-
Suppl
yAnal
ysi
s NaviMumbai|J
ul-
Sep2022
PanvelandKhargharc
ont
inuet
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wit
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TopMi
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Sour
ce:Magic
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ch
© magi
cbr
icks.
com Page37
Rat
eAnal
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s NaviMumbai|J
ul-
Sep2022
Q32022|Changei
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Air
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Pleasegotohttps:
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-Theupc
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I
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iti
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ce:Magi
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© magi
cbr
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com Page38
Pr
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ndex|Magi
cbr
icks Noi
da-
Gr.
Noi
da
J
ul-
Sep2022
Resi
dent
ialMar
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Sour
ce:Magi
cbri
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© magi
cbr
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com Page40
Demand-
Suppl
yAnal
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s Noi
da-
Gr.
Noi
da|J
ul-
Sep2022
Demandf orpremi um propert

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bri
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iveli
sti
ngsonMagic
bri
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ingQ32022,segr
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Sour
ce:Magic
bri
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above)conti
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DEMAND SUPPLY
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ngsonMagic
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TopMi
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eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page41
Rat
eAnal
ysi
s Noi
da-
Gr.
Noi
da|J
ul-
Sep2022
Q32022|Changei
nRat
esi
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ali
ties
Sec
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-Mosti
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ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page42
Pr
opI
ndex|Magi
cbr
icks Pune
J
ul-
Sep2022
Resi
dent
ialMar
ketI
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s Mar
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Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page44
Demand-
Suppl
yAnal
ysi
s Pune|J
ul-
Sep2022
AirportRoad,BanerandWakad 2BHKuni
tsc
ont
inuet
ohol
dmaj
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tyshar
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hemar
ket
continuedominance
DEMAND SUPPLY
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investorsduet othepr esenc eofkeyempl oymenthubs 34%
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avai
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sabundant. 1.Demandrepresentsproper
tysearc
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bri
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ingQ32022,segregat
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l,Ki
tchen(
BHK)configur
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on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
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Sour
ce:Magic
bri
cksResear
ch
"Affor dablepropert
iesgai
n
t
racti
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000 >10,
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Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
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cksinQ32022.
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nINRpsf . Bopodi
Sour
ce:Magicbr
icksResear
ch Vi
manNagar
Bhosal
eNagar Yer
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Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
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tiesofthecit
ngdemand( c
onsumerpr
efer
enc
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ivel
ist
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or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page45
Rat
eAnal
ysi
s Pune|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Chinchwad
-0.31%
Char
holiBudr
uk
4.25%
Tathawade
-
0.43%
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njewadiPhase1 KaspateVast
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5.18% 5.83% Dhanor
i
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22%
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njewadiPhase3 Pi
mpleNilakh
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shrant
wadi
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10% Vi
manNagar
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egaonPar
k
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ri
4.
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abhatRoad Magar
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ty
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-
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-
1.94%
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nhagadRoad
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-
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BM Annexe
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i 0.
11%
reet
Map 0.96%
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
7.10% -
5% -
2.5% 0% 2.
5% 5% 7.
46%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-ShivajiNagar(7.
3%) ,Vi
manNagar(2.
2%)andLohegaon(
1.6%)saw ani
ncr
easei
nthei
raver
ager
atesduet
othei
rst
rat
egi
cloc
ati
on,goodc
onnec
tivi
tyt
othe
air
por tandproximit
yt oempl
oymenthubs.
-Simil
arly,Balewadi(7.
4%),Baner(
7.1%)
,andKhar
adi(
6.3%)wi
tnessedani
ncr
easei
naver
ager
atesduet
opr
oxi
mit
ytot
hekeyempl
oymenthubsandgood
inf
rastructur
aldevelopment.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR10,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change (
INRpsf) (
INRpsf)
Bal
ewadi 6,
800 7.
41% Baner 8,
600 7.
17%
Shi
vaj
iNagar 13,
600 7.
36%
Hi
njewadi 5,
800 2.
09% Sat
araRoad 8,
800 6.
63%
Lohgaon 5,
300 1.
65%
Pi
mpl
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lakh 8,
200 6.
58%
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e 5,
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andwane 13,
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01%
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adi 8,
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rangut 4,
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ie 8,
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33%
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adi
-Waghol
i 6,
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yaniNagar 10,
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manNagar 8,
800 2.
21%
Tat
hawade 6,
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0.85%
Banerr
oad 7,
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egaonPar
k 12,
100 6.
64%
Chakan 3,
600 -
1.40%
Bi
bwewadi 8,
300 1.
03%
Si
nhagadRoad 6,
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1.53%
War
je 7,
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1.80% Ghor
padi 8,
400 0.
54% Kot
hrud 11,
100 6.
41%
WadgaonSher
i 7,
100 -
1.92% Kar
veNagar 9,
900 -
0.35%
Pi
mpl
eGur
av 6,
300 -
2.01% 8,
600 -
0.80%
New Kal
yaniNagar
Pr
abhatRoad 16,
400 4.
63%
Mundhwa 6,
200 -
2.05%
Sadashi
vPet
h 9,
800 -
1.18%
NI
BM Annexe 5,
700 -
2.23%
Aundh 9,
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Shi
vane 4,
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ony 15,
200 4.
00%
Manj
riBudr
uk 5,
700 -
3.86% Bhusar
iCol
ony 9,
200 -
2.00%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page46
Pr
opI
ndex|Magi
cbr
icks Thane
J
ul-
Sep2022
Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Thane’
shousi
ngsuppl
ydi
ppedast
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tnessedaspi
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ndi
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I
nQ32022,Thane’shousingdemand(searc
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ist
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lineof1.
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2.9% -
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tivel
y.Theaverageproper
tyrateattheci
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ndex+++ 2.0% 2.4%
Therehavebeenfewerresi
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hesinThaneovert hel
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.Buyersar
eshowingagrowingpreferenc
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forbrandeddevel
operswithcl
earr egul
ator
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onoftheThane-
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valit
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ojectis Aboveparamet ersrepr
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ndiaandc i
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kelytocatal
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om onehourto15 +c hangeinvolumeofpr opertysearches
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Construct
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11,
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kant
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Aver
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9,
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Regenc
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Q321 Q421 Q122 Q222 Q322
epr
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1.RM rat
eindexrepr
esentst
eofc omplet
edpropert
iesonMagi
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iveli
sti
ngsonMagi c
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ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch
UCRat
eIndex KeyPr
ojec
ts
11,
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OneHi
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esonMagi
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2.Thegr
aphrepr
esentstheaver
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ocal
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ty. pref
erenc
eonMagi c
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nQ32022.
Sour
ce:Magicbri
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h
Aver
agec
hangei
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inI
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)forl
ocal
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esi
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s I
ntheNews
<9,
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1.MahaRERAhasl i
st ed2,
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ects
-
0.01% 0.
00% acrossthestatewithbookingsfornearly
1.28lakhapartment sworthINR.78,000
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acr
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ectorsofMumbai ,Pune,Thaneand
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-
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orRM andUCpr
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ordomi
nantassetc
lassesi
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hloc
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atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch
© magi
cbr
icks.
com Page48
Demand-
Suppl
yAnal
ysi
s Thane|J
ul-
Sep2022
Homebuyerspref
eraffordabl
e Homebuyer
sar
einc
linedt
owar
ds2BHKc
onfigur
ati
on
proper
tieswi
thcompactunit
s
DEMAND SUPPLY
GhodbunderRoadandWest ernThaneemer gedast he
mostsear chedmi cr
o-markets.Incompar isont ot he Above3BHK Above3BHK
previousquar ter,Dombivil
ihaspr ovedtobet he 3% 3%
emer gingc hoi
ceamongsthomebuyer sduet othe 3BHK 1BHK 3BHK
1BHK
18% 33% 16%
presenc eofvar i
ousbusinessoppor tuni
ties,bet ter 38%
ameni tiesandexc el
lentconnectivi
tytoot herar easof
thecityvi amet r
oandr oadnet work.
Othermaj orattrac
tivelocali
tiesinThanei ncl
ude
HiranandaniEstate,Maj i
wada,Kol shetandt he
neighbouringcit
yofKal yan.Theyar ec onnectedtothe 2BHK
2BHK
restofMMRt hroughr oadand/ orrailmakingt hem 42%
46%
goodinvest mentoptions.
Notes:
"2BHKuni tsc onti

nuedt owi t
ness 1.Demandr
2.Suppl
yr
epr
epr
esent
esent
spr
sact
i
oper
vel
t
i
ysear
sti
c
hesonMagi
ngsonMagic
bri
c
c
bri
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kswebsi
t
t
edur
i
edur
ingQ32022,segr
ngQ32022,segr
egat
egat
edbyBedr
edbyBHKc
oom,Hal
onfigurat
i
l
on.
,Ki
tchen(
BHK)configur
ati
on.
themostt ractioninQ32022wi th Sour

ce:Magic
bri
cksResear
ch
ashareof46% i ndemandand
42% i
nsuppl y,majorit
yof Suppl
ynoti
nli
newi
thdemandf
ormostr
atebuc
ket
s
homebuyer spreferaffor dable
housingproperties.
" DEMAND SUPPLY

-Homebuyer si
nThanear eincl
inedt owar ds >13,
000 >13,
000 9,
000-13,
000
affordablehousingprojec
tsasevi dentfr om 37% 26% <9,000 27% 31%
shareofpropert
iesintheINR9, 000–13, 000psf 37%
range.However,intermsofsupply,f orpr opert
ies
<INR9, 000psf
,t hesuppl
yis41%,andf or
properti
esbetweenI NR9,000and13, 000psft he
supplyis31%.
9,
000-13,
000 <9,000
37% 41%
Notes:
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.
Sour
ce:Magi
cbr
icksResear
ch
TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22
GhodbunderRoad 7,
000 16,
000 1 1
West
ernThane 8,
500 21,
000 2 3
Hi
ranandaniEst
ate 10,
000 17,
600 3 4
Bhayander
pada
Dombi
vil
i 4,
600 8,
400 4 8
Mi
raBhayandar Bhi
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iwada 8,
500 17,
500 5 2
Kol
shet 9,
100 18,
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Kal
yan 3,
500 8,
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Hi
ranandaniEst
S
Note:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbynumberofsearcheson Kal
her Kal
yan
Magicbri
cksinQ32022.
ateinthemicr
o-marketi
nINRpsf .
Sour
ce:Magicbr
icksResear
ch
Kashel
i Kal
yanEast
Dombi
vliWest
Ul
has
TopMi
cro-
mar
ket
sbyAc
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Mi
cro-
Mar
Rat e Q3-
e Rat 22 Q2-
22 Kal
waWest SonarPada
Mumbr
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va
GhodbunderRoad 7,
000 16,
000 1 1
4,
600 8,
400 2 9
ThaneEast
Dombi
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500 3 3
Maj
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000 5 4
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a
Kal
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500 8,
300 6 10
J
ogeshwar
iEast
Amber
nat
h- apur 3,
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reet
Map
Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
tiesofthecit
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
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ist
ings)f
or
Magicbri
esinthelocali
ei nQ32022.
ateinthemicr
o-marketi
eractivemapavailabl
eonMagi c
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch
© magi
cbr
icks.
com Page49
Rat
eAnal
ysi
s Thane|J
ul-
Sep2022
Q32022|Changei
nRat
esi
nKeyLoc
ali
ties
Kasar
vadaval
i
5.
56%
Kal
yanWest
4.70%
Manpada
5.
08%
Maj
iwada
Pokhr
anRoad Dombivli
2.
73%
6.
49% -
2.44%
TeenHathNaka
1.
31%
reet
Map
Not e:
tiesinQ32022.
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
2.44% -
5% -
2.5% 0% 2.
5% 5% 6.
49%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
-
InQ32022,local
iti
essuchasMumbr a(4.
39%) ,Maji
wada(1.51%)andPokhr anRoad(7.46%)witnessedagr owthinthei
raverageratesduetot
heexc el
lent
t
ransportnet
workviaEaster
nExpressHighwayandGhodbunderRoadc onnecti
ngthem tootherpartsofThane,MumbaiandNaviMumbai .
-
Simil
arl
y,theupcomingmetrol
ines4&5pr ovedt
obether easonfort
heaver ager
ateincreasei
nlocali
tiessuchasKapurbawdi(2.
4%)andThaneWest( 0.
74%)
.
-
Local
iti
essuchasDiva(1.
72%),Shi
lphata(2.5%)andBhayanderpada(0.40%)saw adipintheaverageratesduetotheirdi
stancefrom c
ommercialhubs.
Sour
ce:
Magi
cbr
icksResear
ch
I
NR13,
000psf
Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e(INR Rat
eChange Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change psf
) (
INRpsf)
Maj
iwada 12,
800 1.
51%
Mumbr
a 3,
900 4.
39% Pokhr
anRoad 14,
200 7.
36%
Manpada 12,
500 1.
33%
Kar
jat 3,
400 0.
62% Waghbi
l 10,
500 1.
17% Kapur
bawdi 14,
900 6.
65%
Dhokal
i 11,
000 1.
07%
Amber
nat
hWest 4,
200 0.
43% VasantVi
har 13,
900 6.
54%
Var
takNagar 12,
900 0.
74%
ThaneWest 12,
600 0.
74% TeenHat
hNaka 16,
500 6.
47%
Di
va 4,
400 -
1.72%
Kasar
vadaval
i 9,
200 0.
44%
Shi
lphat
a 6,
500 -
2.50% Pat
lipada 15,
700 6.
05%
Bhayander
pada 9,
900 -
0.40%
Note:
iti
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
operti
esinalocali
tyinmulti-
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
helocali
t i
esinvariousratebuc
kets.
4.Thecol
sthepr i
eenc olorrepr
esentingratei
ncrease,redcol
orrat
al. Sour
ce:Magi
cbr
icksResear
ch
© magi
cbr
icks.
com Page50
Gl
ossar
y
Sl
.No Abbr
evi
ati
on Expl
anat
ion
1 AMC AhmedabadMuni
cipalCor
por
ati
on
2 BHK Bedr
oom,Hal
l,Ki
tchen
3 BMC Br
ihanmumbaiMuni
cipalCor
por
ati
on
4 CBDBel
apur Cent
ralBusi
nessDi
str
ict
5 CI
DCO Ci
tyandI
ndust
rialDevel
opmentCor
por
ati
on,NaviMumbai
6 CGRoad Chi
manl
alGi
rdhar
lalRoad
7 DDA Del
hiDevel
opmentAut
hor
ity
8 EM Bypass East
ernMet
ropol
itanBypass,Kol
kat
a
9 EWS Ec
onomi
cal
lyWeakerSec
tion
10 FY Fi
nanc
ialYear
11 HMDA Hyder
abadMet
ropol
itanDevel
opmentAut
hor
ity
12 I
NR I
ndi
anRupee
13 I
TPL I
nter
nat
ionalTec
hPar
k
14 Khat
as Landowner
shi
prec
ordi
nthest
ateofKar
nat
aka
15 KMC Kol
kat
aMuni
cipalCor
por
ati
on
16 M GRoad Mehr
aul
iGur
ugr
am Road
17 MMR MumbaiMet
ropol
itanRegi
on
18 MMRDA MumbaiMet
ropol
itanRegi
onalDevel
opmentAut
hor
ity
19 NCR Nat
ionalCapi
talRegi
on.However
,wemai
nlyc
onsi
derc
iti
essuc
hasDel
hi,Far
idabad,Ghaz
iabad,Gur
ugr
am,Noi
da-
Great
erNoi
da.
20 NOI
DA New Okhl
aIndust
rialDevel
opmentAut
hor
ity
21 OMR Ol
dMahabal
ipur
am Road,Chennai
22 ORR Out
erRi
ngRoad
Weightedaveragepri
ceofpropert
yduringt hequar
terindexedagai
nstt
heweightedaveragepr
iceoft
hebasequar
ter
.Basequar
teri
s14year
sol
d
23 Pr
iceI
ndex
buti
nformationprovi
dedforchangesi
ni ndex5yearsago,1yearagoand1quarterago.
24 psf persquar
efeet
25 PMC PuneMuni
cipalCor
por
ati
on
26 Q1 J
anuar
y,Febr
uar
yandMar
ch
27 Q2 Apr
il,MayandJ
une
28 Q3 J
uly,AugustandSept
ember
29 Q4 Oc
tober
,NovemberandDec
ember
30 QoQ Quar
teronQuar
ter
31 RERA RealEst
ateRegul
ator
yAut
hor
ity
32 RM Ready-
to-
Move
33 sf squar
efeet
34 SGHi
ghway Sar
khej
-Gandhi
nagarHi
ghway
35 SPR Sout
her
nPer
ipher
alRoad,Gur
ugr
am
36 TMC ThaneMuni
cipalCor
por
ati
on
37 TPS TownPl
anni
ngSc
hemes
38 UC Under
-Const
ruc
tion
39 YEI
DA YamunaExpr
esswayI
ndust
rialDevel
opmentAut
hor
ity
40 YoY YearonYear
Formor
einf
ormat
ionandr
esear
chr
elat
edquer
ies,pl
easec
ont
act
:
Si
ddhartGoel|Researc
h&Edi t
ori
alHead NiteshBhat
ia Prat
eekPareek Prati
tDas UpamaSen LopaRaval
si
ddhar
t .
goel
@magi cbri
cks.
com Researc
hManager Sr
.Resear
chAnalyst Researc
hAnal
yst Resear
chAnal
yst Resear
chAnal
yst
Pl
easegot
oht
tps:
//pr
oper
ty.
magi
cbr
icks.
com/mi
crosi
te/buy/pr
opi
ndex/t
oac
cesst
hef
ulldashboar
d.
Di
scl
aimer:Thedatapr
esent
edint
hereporti
scompi
ledbyMagi
cBr
icksf
rom mult
iplesour
ces.Magi
cBr
icksgi
vesnowarr
anty,expr
essori
mpl i
ed,astotheaccur
acy,rel
iabi
li
ty,andc
ompl
etenessofanyi
nfor
mat
ionanddoesnot
ac
ceptanyliabi
li
tyont
heinf
ormat
ionwhic
hmayormaynotbesubj
ecttochangefr
om timetoti
meduetoGovernment
alornonGovernmentalregul
ati
ons/di
rect
ions.
© magi
cbr
icks.
com Page51

PropIndex Q3 2022

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Pr

Theaver ageproper tyratesincreased2. 0% QoQand9. 1% YoY,displ

-Averageratesforthe<INR4, 000psfsegmenti ncreasedinlocali

Mid-segmenthomes( INR5,000–7, 500psf)ac count

5.2% QoQ." Sunc

Midandpremium segments 76% ofGur

Mostoft hedemandi nHyder abadc onti

Q321 Q421 Q122 Q222 Q322 Exc

INR>25, 000psf 2.Mumbaic i

“2BHKuni tsdominateNavi Notes:

Demandf orpremi um propert

Thedemandf orpremium proper

"2BHKuni tsc onti

themostt ractioninQ32022wi th Sour

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