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Highest + Lowest Fall Residential Prices

Tuesday, November 25, 2008

Which Pockets of your city have witnessed the highest and Lowest Fall in Residential Realty prices ? Here is how the data stands at the end of October-2008.

Highest Fall in Residential Property Prices:
  • Bhayander, Vasai Road, Nallasopara and Virar in Mumbai West.
  • Dombivili, Kalyan, Ambernath, Chembur, Ghatkopar, Mulund, Thane & Vikhroli in Mumbai suburbs and central.
  • Noida, Ghaziabad, Gurgaon -Sohan Road, Gurgaon-Golf Course/DLF City and Faridabad in the National Capital Region / NCR
  • Whitefield, Marthalli, Old Madras Road and Outer Ring Road - Sarjapur in Bangalore witnessed steep corrections. We CAUTION readers about the Prestige Shantiniketan located in Whitefield Bangalore.
  • Baner, Aund, Pashan and Hinjewadi in Pune have suffered the worst
Lowest Fall in Residential Property Prices:
  • MG Road, Brigade Road, Brunton Road, Lavelle Road, Richmond Road, RMV Extension, Sadashivnagar and Malleshwaram in Bangalore
  • Chanakyapuri and Vasant Kunj in Delhi
  • Marine Drive, MG Road and Banargee Road in Kochi
  • Banjara Hills, Jubilee Hills in Hyderabad and Sainikpuri, Maredpally in Secundarabad
  • Adyar, Saidapet, R K Puram in Chennai
You are welcome to share more data if you have.

posted by Webmaster @ 12:42 PM   5 comments

5 Comments:

At 11:21 AM, Anonymous Anonymous said...

You are doing a wonderful job of collecting data and presenting it for end users. I beleive this can be enhanced if you can ask users or informers to put the numbers in the blog, this will help many for comparing prices across cities etc.

I am interested specifically in Baner,Aundh, pashan ( Pune ) area and wanted to know if there is any reliable information about the prices of apartments/open plot .

 
At 1:23 PM, Blogger Webmaster said...

Well Quote prices are at least 25% higher than the strike price. But i agree Quotes will give you an approximation.

INMHO, Realty has not yet bottomed out, but then there are several Developers who are facing a crunch and they will SELL to raise cash.

 
At 4:41 PM, Anonymous Anonymous said...

Yes,
I agree that developers will face liquidity crunch and coming March end ,Banks will force small developers to pay their O/S balances and thus will create additional selling pressure for those developers.

What I meant in my previous comment is that, you have mentioned Pune area ( Aundh,Baner) price fall is the worst, I wanted to know if you have reliable numbers to support that arguement.

It will be very nice if you can post some numbers on this site which can be very useful for buyers like me.

Thanks
Sachin

 
At 8:43 PM, Blogger Webmaster said...

If you leave your e-mail ID, I can share the report.

The Data comes from Crisil.

 
At 12:45 AM, Anonymous Anonymous said...

Hi,Thanks for your response. My email Id is sachinjadhav@gmail.com

Look forward for your response

 

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