Categories
Uncategorized

Supply and Price Trends of Residential Apartments in Pune

The Pune Metropolitan Region housing market keeps on being in a consistent state as far as interest and supply regardless of a 14% expansion in the gross inventory in the previous a half year. The unsold situation on a general premise is at 21% (this was 20% a half year prior and 22% a year prior). An aggregate of 1821 private loft projects in Pune across the city were overviewed. Those private undertakings in Pune that were under development or prepared however with some stock accessible to sell were considered in the examination. Dự Án Stella Bình Tân

The 1821 condo projects in Pune have a sum of 2,03,186 private lofts in Pune at different phases of development. Of the all out 2,03,186 private

Khu nhà mẫu và điều hành dự án căn hộ Stella Võ Văn Kiệt, Bình Tân

lofts in Pune, 43,305 (21%) private condos in Pune are ready to move (unsold stock) demonstrating a sellout of 79% (1,59,881 private lofts in Pune).

The unsold stock a half year prior was 20% (36,124 private condos in Pune out of 1,78,775 private lofts in Pune) and 22% a year prior (38,323 out of 1,74,981 private Flats in Pune). Generally, the unsold stock keeps on being in the scope of 20%-22%. The way that this is on a bigger base shows that loft projects in Pune are going ahead stream inside the reasonableness scope of clients.

The absolute unsold stock has expanded by 7181 units (19.8%) from 36,124 units in December 2011 to 43,305 units in June 2012. In any case, the level of units sold from the units dispatched has remained astoundingly steady with 21% in June 2012, 20% in Dec 2011 and 22% in June 2011.

Value TRENDS:

Costs have climbed approx. 14.08% over the most recent a year (for example June – 11-June 12), when contrasted with 10.66% for a year going before for example (June 10 to June 11). The most recent a half year has seen the most noteworthy increment at 8.4% for a half year when contrasted with the past four and a half years. The normal cost across the market in June 2011 was Rs. 3467 for each sf. This has moved to Rs. 3647 for every sf in Dec 2011 and 3955 for each sf in June 2012.

This affirms the pattern that has been seen in Pune in the course of recent years, a solid market with consistent retention of units. This pattern is additionally affirmed when we see resource value appreciation for the best 20 business sectors, which remains at a sound 14% in the previous one year.

The Pune Real Estate has shown solid and potentially the most secure returns particularly when contrasted and the Sensex which on the other hand, seen a decrease of 7.68% in a similar period which saw the Pune land costs developing by 15%. The Sensex remained at 18,845 on 30th June 2011 and remains at 17,398 on second July, 2012.

Leave a Reply

Your email address will not be published. Required fields are marked *