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Gurugram
  • Supported by a strong infra of Metro, NH8 Expressway, other connectivity projects to NCR areas like Faridabad.
  • However, public transport still needs a boost to reach far-flung areas within Gurugram.
Mumbai
  • Ample support through existing Eastern and Western Express Highways, with an excellent Railway network which is the daily commute of most of the residents.
  • Public transport is being supported by some of the megaprojects like the Metro and other multi-modal corridors.
Hi-TEC City (Hyderabad)
  • Considered a far-off area within Hydereabad, Hi-TEC City has evolved with IT parks in its belly. Near to the airport, this place has recently witnessed metro connectivity to the main city.
  • Other megaproject in the pipeline in Hyderabad is the Nehru Outer Ring Road which is long awaited.
  • Here too, public transport needs a boost in terms of the fleet size of buses to the frequency of metro runs and probably a much better local rail network (MMTS).
Kharghar
  • Already connected with an excellent road and rail infrastructure, Kharghar, with the lowest population density is to soon get metro and an international airport.
  • Public transport is identified as the ‘smartest’, with real time tracking facilities.#
Gurugram
  • Gurugram has become the business face of Delhi-NCR with world class business district like Cyber Hub. It houses IT and Consulting sectors, with the nearby industrial areas of Udyog Vihar and Manesar being home to the Auto industry.
Mumbai
  • The financial capital of India, Mumbai houses some of the world-renowned firms across varied industries.
  • For a reason, it has become a chock-a-block with not enough business districts to support its growth further.
Hi-TEC City (Hyderabad)
  • Once touted to be the ‘IT’ city, Hyderabad today houses global firms in the IT, e-commerce and consulting domains.
  • The city has not witnessed a rapid expansion of business and a major chunk of global business happens in and around the Hi-TEC City.
Kharghar
  • Navi Mumbai is evolving into a corporate mega-hub of India. It already has DAKC in Airoli and business parks in Sanpada.
  • A major boost to change the face of the entire Navi Mumbai is the Navi Mumbai Corporate Park (or touted as ‘BKC 2’) in Kharghar. A mammoth, industry-agnostic business district clocked to create a floating population of over 1 lac
Gurugram
  • Steady demand and supply economics with just 1% down from Y-o-Y Q1 2019
Mumbai
  • Increase in demand by 2% from Y-o-Y Q1 2019
Hi-TEC City (Hyderabad)
  • Lowered demand by 2% from Y-o-Y Q1 2019
Kharghar
  • Steady and stable demand and supply economics with just 1% down from Y-o-Y Q1 2019

What triggers this growth, you ask?

Infrastructure development, commercial development and preservation of green zones have an impact
over the appreciation of any property market. Here are few cases to support the statement.

Case 1

During 2012-14, Chembur saw a 28-30% increase in residential prices on completion of Eastern Freeway.

Case 2

In 2011-13, Andheri East saw a 30% increase in residential prices even during pre-completion stage of Ghatkopar-Versova metro.

Case 3

Impact of green zones, parks have been more profound to areas in and around the western and central suburbs.

Case 4

Commercial developments have always catalysed the appreciation in real estate market. BKC today, has an influence of nearly 30% on appreciation of residential properties with an average per square feet price raging from 40,000 to 50,000 INR.

The question is, can we get all the above factors under one roof?

KHARGHAR:
The next tidal wave of
the Indian real estate story.

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