Author Topic: Pune + Kolkata + Ahmedabad Property Reviews  (Read 5436 times)

0 Members and 1 Guest are viewing this topic.

sunil

  • Guest
Pune + Kolkata + Ahmedabad Property Reviews
« on: September 27, 2011, 03:22:12 PM »
Average Prices in Pune are at all time highs. The rate at which average prices in Pune have shot up are among the highest seen in the country in the past one year (10 of the last 12 months have clocked a YoY growth of ~9-11%). Volumes have been gradually falling since last 1-year and July was quite weak. It is not surprising that launches have been drying up given the traction slowdown.

Average prices are at all time high but volumes are by and large steady. Launches have dropped in recent months – our discussion with developers suggests that it could be an impact of political change. Also, Kolkata historically has done well in the festive season.

Average prices are at all time high (significantly above the prior upturn, few years back) and volumes have visibly slowed. Launches have dropped in recent months – pricing could be the key reason for the same.