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3rd Quarter 2009 – REMMA Publications ® |
Parts of the Real Estate Sector in India have rebounded from the slow first quarter, bolstered by liquidity, larger public market gains, consumer confidence and lower interest rates. We have attached quarterly pricing data and hope that you will click on www.remmaindia.com to read our articles and previous reports, under REMMA publications. |
Property rates - Mumbai:
Commercial Sale (Updated – August 2009) |
Location |
'A' Grade Bldg.
INR |
'B' Grade Bldg.
INR |
'C' Grade Bldg.
INR |
Nariman Point |
28,000 - 35,000 |
22,000 – 28,000 |
18,000 – 22000 |
Worli / Prabhadevi / Lower Parel |
20,000 – 25,000 |
16,000 – 20,000 |
11,000 – 16,000 |
Bandra / Santacruz / Khar |
16,000 – 20,000 |
12,000 - 16,000 |
10,000 – 12,000 |
Bandra Kurla Complex |
25,000 – 32,000 |
20,000 - 25,000 |
15,000 – 20,000 |
Kalina / Vakola |
20,000 – 25,000 |
16,000 – 22,000 |
12,000 – 16,000 |
Andheri (E) |
15,000 – 20,000 |
10,000 – 14,000 |
7,000 – 9,000 |
Andheri (W) |
12,000 – 16,000 |
10,000 – 14,000 |
7,000 – 9,000 |
Jogeshwari to Borivali |
8,000 – 12,000 |
6,000 – 8,000 |
5,000 – 6,000 |
LBS Road – Bhandup to Mulund |
8,000 – 10,000 |
6,000 – 8,000 |
4,000 – 6,000 |
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| Commercial Lease(Updated – August 2009) |
Location |
Grade A Building
(INR) |
Grade B Building
(INR) |
Grade C Building
(INR) |
|
Rent |
Deposit |
Rent |
Deposit |
Rent |
Deposit |
Nariman Point – Furnished |
400 – 450 |
6-12 months |
325 – 350 |
6-12 months |
275 – 300 |
6-12 months |
Nariman Point – Unfurnished |
350 – 375 |
6-12 months |
300 – 325 |
6-12 months |
225 – 250 |
6-12 months |
Worli/Prabhadevi/ Lower Parel – Furnished |
300 – 350 |
6-12 months |
225 – 250 |
6-12 months |
175 – 200 |
6-12 months |
Worli/Prabhadevi/ Lower Parel – Unfurnished |
250 – 300 |
6-12 months |
200 – 225 |
6-12 months |
150 - 175 |
6-12 months |
Bandra/Khar/ Santacruz – Furnished |
Rs 250 – 275 |
6-12 months |
200 – 225 |
6-12 months |
150 - 175 |
6-12 months |
Bandra/Khar/ Santacruz – Unfurnished |
225 – 250 |
6-12 months |
175 – 200 |
6-12 months |
125 - 150 |
6-12 months |
Bandra Kurla Complex – Furnished |
300 – 350 |
6-12 months |
250 – 275 |
6-12 months |
175 – 200 |
6-12 months |
Bandra Kurla Complex – Unfurnished |
275 – 325 |
6-12 months |
225 – 250 |
6-12 months |
150 – 175 |
6-12 months |
Kalina/Vakola – Furnished |
275 – 300 |
6-12 months |
225 – 275 |
6-12 months |
150 - 175 |
6-12 months |
Kalina/Vakola – Unfurnished |
250 – 300 |
6-12 months |
200 – 250 |
6-12 months |
125 - 150 |
6-12 months |
Andheri West – Furnished |
Rs 150 – 200 |
6-12 months |
125 – 150 |
6-12 months |
90 – 110 |
6-12 months |
Andheri West – Unfurnished |
125 – 175 |
6-12 months |
100 – 125 |
6-12 months |
80 – 100 |
6-12 months |
Andheri East – Furnished |
175 – 225 |
6-12 months |
125 – 150 |
6-12 months |
100 – 125 |
6-12 months |
Andheri East – Unfurnished |
150 – 210 |
6-12 months |
110 – 140 |
6-12 months |
70 – 90 |
6-12 months |
Jogeshwari to Borivali – Furnished |
100 – 140 |
6-12 months |
90 – 110 |
6-12 months |
70 – 90 |
6-12 months |
Jogeshwari to Borivali – Unfurnished |
90 – 125 |
6-12 months |
70 – 85 |
6-12 months |
60 – 70 |
6-12 months |
LBS Road, Bhandup to Mulund – Furnished |
100 – 125 |
6-12 months |
80 – 100 |
6-12 months |
60 – 80 |
6-12 months |
LBS Road, Bhandup to Mulund – Unfurnished |
80 – 100 |
6-12 months |
70 – 80 |
6-12 months |
50 – 60 |
6-12 months |
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| Residential Rental Rates(Updated – August 2009) |
Location |
No. of Bedrooms |
RENT PACKAGE
'A' Grade Bldg.
INR |
RENT PACKAGE
'B' Grade Bldg.
INR |
RENT PACKAGE
'C' Grade Bldg.
INR |
SOUTH MUMBAI
'CUFFE PARADE TO WORLI |
4 |
4,00,000 - 7,20,000 |
2,80,000 - 5,00,000 |
2,00,000 – 2,80,000 |
3 |
3,00,000 - 5,00,000 |
2,00,000 - 4,00,000 |
1,70,000 - 2,50,000 |
BANDRA |
4 |
3,00,000 - 8,00,000 |
2,75,000 - 4,50,000 |
1,75,000 - 2,20,000 |
3 |
2,00,000 - 500,000 |
1,50,000 - 2,00,000 |
75,000 - 1,30,000 |
2 |
60,000 - 1,20,000 |
30,000 - 60,000 |
25,000 - 40,000 |
KHAR -
SANTACRUZ |
4 |
2,50,000 - 4,50,000 |
1,50,000 - 3,00,000 |
1,00,000 - 1,75,000 |
3 |
2,00,000 - 4,00,000 |
1,00,000 - 2,20,000 |
75,000 - 1,25,000 |
2 |
60,000 -80,000 |
30,000 - 50,000 |
20,000 - 40,000 |
JUHU
|
4 |
3,00,000- 7,00,000 (sea front) |
1,50,000 - 2,50,000 |
Rs 80,000 - 1,30,000 |
3 |
2,00,000 - 3,50,000 |
1,20,000 - 2,00,000 |
1,00,000 - 1,30,000 |
2 |
60,000 - 80,000 |
40,000 - 60,000 |
25,000 - 40,000 |
ANDHERI [W]
|
4 |
1,00,000 - 2,00,000 |
70,000 - 1,00,000 |
40,000 - 60,000 |
3 |
70,000 - 1,30,000 |
40,000 - 80,000 |
30,000 - 50,000 |
2 |
30,000 - 60,000 |
20,000 - 30,000 |
15,000 - 20,000 |
ANDHERI [E]
|
4 |
60,000 - 1,20,000 |
50, 000 - 70,000 |
30,000 - 40,000 |
3 |
40,000 - 50,000 |
25,000 – 35,000 |
20,000 - 30,000 |
2 |
15,000 - 25,000 |
13,000 - 18,000 |
10,000 - 15,000 |
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| Residential Property Rates- Sale (Updated – August 2009) |
Location |
'A' Grade Bldg.
INR |
'B' Grade Bldg.
INR |
'C' Grade Bldg.
INR |
Cuffe Parade / Colaba |
48,000 - 62,000 |
25,000 - 30,000 |
20,000 - 22000 |
Marine Drive / Nariman Point |
60,000 - 70,000 |
22,000 - 27,000 |
18,000 - 20,000 |
Malabar / Cumballa Hill |
40,000 -65,000 |
22,000 - 35,000 |
20,000 - 22,000 |
Napean Sea / Warden Rd. |
40,000 -65,000 |
22,000 - 35,000 |
20,000 - 22,000 |
Worli |
30,000 - 45,000 |
20,000 -30,000 |
18,000 - 22,000 |
Prabhadevi |
20,000 - 24,000 |
15,000 - 19,000 |
13,000 - 15,000 |
Bandra |
20,000 - 28,000 |
15,000 - 18,000 |
13,000 - 16,000 |
Khar / Santacruz |
16,000 - 18,000 |
14,000 - 16,000 |
11,000 - 13,000 |
20,000 - 22,000 |
14,000 - 18,000 |
11,000 - 13,000 |
Juhu |
14,000 - 22,000
(Sea facing) |
10,000 - 12,000 |
7,500 - 9,000 |
Lokhandwala / Versova |
12,000 - 14,000 |
9,000 - 12,000 |
6,500 - 8,000 |
Powai |
6,000 - 9,000 |
5,000 – 6,500 |
3,000 – 4,500 |
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| Property rates - Bangalore: (Updated –June‘09) |
Locality |
Apartment (Rs/sq ft) |
Plot (Rs/sq yard) |
Central (5) |
4000-15000 |
72000-90000 |
East (13) |
1800-7500 |
6000-70000 |
West (4) |
2000-6000 |
5500-10000 |
North(12) |
2000-16000 |
3600-50000 |
South (5) |
2000-7000 |
2700-41000 |
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| Rental value |
Locality |
Apartment 3 BHK (Rs/month) |
Central (5) |
15000-38000 |
East (13) |
5000-30000 |
West (4) |
8000-15000 |
North(12) |
4000-50000 |
South (5) |
10000-20000 |
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*REMMA cannot be held responsible for the accuracy of data displayed in the document. Though the information is deemed reliable, REMMA does not give any guarantees and it should be verified independently. |
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