Pune Monthly Real Estate Monitor May 2017 - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Sunday, June 04, 2017

Pune Monthly Real Estate Monitor May 2017


Pune Monthly Real Estate Monitor

DATA ANALYSIS FOR THE MONTH OF APRIL 2017
From JLL INDIA

RESIDENTIAL


Demand for the residential properties remained stable over the month. Launches declined marginally as compared to earlier months.

New launches:

Godrej 24 by Godrej properties launched in Hinjewadi.

A new phase in Life Republic township launched .


Key Precincts
Rental Value (INR per month for a 1,000 sq ft 2BHK apartment)
Capital Value(INR per sq ft)
Wakad
14,000–18,000
5,500–7,500
Hinjewadi
9,000–11,000
4,800–6,800
Kharadi
15,000–19,000
6,000–7,500
Hadapsar
16,000–21,000
6,000–8,500
Undri
8,000–13,000
4,000–5,500
Pimri-Chinchwad
12,000–18,000
4,500–6,500

Policy/ Infrastructure
The actual work on the Pune Metro is expected to begin from May, Ramnath Subramaniam, executive officer, strategic planning forMAHA Metro Pune, said at the Pune Metro Samvaad session organised by MAHA Metro. (Source: TOI)

Office space

The demand for office space remained stable during the month. Few large office projects currently at initial stage s of construction are now available for pre-commitment for occupiers.

Major transactions:

KPMG leased in Commer zone, Off Airport Road.

John Deere in Maga patta STPI


Key Precincts
Rental Value (INR per sqft per month)
Capital Value(INR per sq ft)
Hadapsar
55-70
6,500-9,000
Kharadi
55-70
6,500-9,500
Hinjewadi
40-48
5,000–7,000
Viman Nagar
55–75
7,000–11,000
SB Road
70–85
7,000–12,000

Retail

Leasing activity in malls remained stable.  The Pavilion, located  on SB road is  likely to open for business in the  next few months.

Major transaction

Mad Over Donuts leased  on Pimple Saudagar high street



Key Precincts
Rental Value (INR per sqft per month)
Capital Value(INR per sq ft)
MG Road
160-200
22,000–30,000
Bund Garden Road
100-120
20,000-25,000
FC Road
150-200
25,000-30,000
JM Road
150-190
25,000-30,000
DP Road
100-120
18,000–26,000
SB Road
90-110
18,000-25,000



Pune Monthly Real Estate Monitor May 2017 Reviewed by S. Chitra on June 04, 2017 Rating: 5 Pune Monthly Real Estate Monitor DATA ANALYSIS FOR THE MONTH OF APRIL 2017 From JLL INDIA RESIDENTIAL Demand for the resi...

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