Strategic Partner :

1

GURUGRAMRESIDENTIAL REAL ESTATE MARKET

2

Gurugram – Residential Real Estate Market

Gurugram is a satellite town of Delhi and is one of the fastest growing IT hubs of the country. It is also a leading financial and industrial hub.

The state government is focusing on strengthening roadways through flyovers and underpasses to address disjointed connectivity and traffic issues in Gurugram.

Last year it approved six major projects including four-lane flyovers with provision of metro rail, four lane under-pass in areas like Old Delhi road, a six lane road from Umang Bharadwaj Chowk to DwarkaExpressway, transport infrastructure for bus depots, a multi-specialty of hospital in Sector-67.

Gurugram has seen an growth of 27% CAGR in demand in last three years while the unsold dropped by 7% annually. Prices also have witnessed a downward trend with 15% drop in last two years.

Sector 68, Sector 92 and Sector 36-Sohna have come up as the most preferred locations among buyers in last 12 months. 2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2016 2017 2018

Pri

ce (

psq

ft)

Gurugram Sector 68 Sector 92 Sector 36 Sohna

Gurugram Infrastructure MapSouthern Peripheral road/ Golf Course Extension road

NH 8, Connecting Delhi to Jaipur via Gurugram

Dwarka Expressway

Northern Peripheral Highway

Yellow Line Metro

Rapid Metro

Product Typology

1 1500-1750 900-1000 2250-2500

2 1750-2000 800-900 2500-2750

3 2000-2250 1200-1300 1750-2000

3

12 3

2BHK3BHK

4BHK

1BHK6%

2BHK39%

2.5BHK6%

3BHK27%

3.5BHK6%

4BHK7%

Villa/RH1%

Others6%

Product Wise

Based on the last 12 months’ sales, 2BHK flats are the most preferred product among buyers, followed by 3BHK and 4BHK.

Buyers mostly picked up units between 900-1000 sq.ft., 1500- 1750 sq. ft. and 800-900 sq.ft. of saleable area.

Cost range of Less than Rs.30 Lacs has the maximum demand followed by Rs.50 Lacs – Rs.1.0 Crore and Rs. 1.0 -2.0 Crores.

33%

5%

27% 26%

9%

<30 Lac 30 - 50 Lac 50 - 1Cr. 1 - 2 Cr. > 2Cr.

Cost range wise percentage share of Sales

Trend in New Launches

4

Sector 106 is the top gainer in terms of maximum new launches in the last 12 months followed by Sector 78 and L Zone Dwarka.

Maximum new launches are in the cost range of less than Rs.30 lacs.

Amongst the new launches, 2 BHK is the most preferred product as can be seen by sales and supply distribution followed by 3BHK.

4%

48%36%

2%10%

Sales in New Launch

1BHK 2BHK 3BHK 4BHK Others

4%

56%

30%

3%

6%

New Launch Supply

1BHK 2BHK 3BHK 4BHK Others