by JLL India
OFFICE
The demand for
office space remained stable.
Transaction activity recorded moderate
pre-commitments and healthy movement among
the ready to
occupy office spaces,
primarily due to the consolidation and
expansion by the existing occupiers.
Major transactions:
Bloomberg and
Metro, both in SBD
|
Key Precincts
|
Rental Value (INR per sq ft per month)
|
Capital Value (INR per sq ft)
|
|
MG Road
|
100–160
|
15,000–21,000
|
|
Bund Garden Road
|
90–130
|
13,000–17,000
|
|
FC Road
|
100–150
|
15,000–20,000
|
|
JM Road
|
100–150
|
15,000–20,000
|
|
DP Road
|
90–130
|
12,000–16,000
|
|
SB Road
|
80–140
|
13,000-16,000
|
RETAIL
In the month of
May, the demand for Pune residential market improved primarily on the back of
attractive pre-launch offers by select developers.
Also, launches by
prominent developers witnessed good demand.
New Launches:
A new tower
inside Godrej Prana in South East submarket
Rama Melange
Residences in Hinjewadi
|
Key Precincts
|
Rental Value (INR per sq ft per month)
|
Capital Value (INR per sq ft)
|
|
MG Road
|
100–160
|
15,000–21,000
|
|
Bund Garden Road
|
90–130
|
13,000–17,000
|
|
FC Road
|
100–150
|
15,000–20,000
|
|
JM Road
|
100–150
|
15,000–20,000
|
|
DP Road
|
90–130
|
12,000–16,000
|
|
SB Road
|
80–140
|
13,000-16,000
|
RESIDENTIAL
In the month of
May, the demand for Pune residential market improved primarily
on the back of attractive pre-launch offers by
select developers.
Also, launches by
prominent developers witnessed good demand.
New Launches:
A new tower
inside Godrej Prana in South East submarket
Rama Melange
Residences in Hinjewadi
‘
|
Key Precincts
|
Rental Value (INR per month for a 1,000 sq ft 2BHK apartment)
|
Capital Value (INR per sq ft)
|
|
Wakad
|
10,000–13,000
|
5,000–6,500
|
|
Hinjewadi
|
9,000–11,000
|
4,800–6,500
|
|
Kharadi
|
11,000–15,000
|
5,000–7,200
|
|
Hadapsar
|
13,000–18,000
|
5,500–7,500
|
|
Undri
|
8,000–12,000
|
4,000–5,500
|
|
Pimri-Chinchwad
|
8,000–15,000
|
4,500–6,000
|
Policy/ Infrastructure..!
There were no infrastructure update for May,
2015.
About JLL India..!
JLL is India’s premier and largest professional services firm
specializing in real estate. With an extensive geographic footprint across 11
cities (Ahmedabad, Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata,
Kochi, Chandigarh and Coimbatore) and a staff strength of over 6800, the firm
provides investors, developers, local corporates and multinational companies
with a comprehensive range of services including research, analytics,
consultancy, transactions, project and development services, integrated
facility management, property and asset management, sustainability, industrial,
capital markets, residential, hotels, health care, senior living, education and
retail advisory.
The firm was named the Best
Property Consultancy in India (5 Star Winner) at the International Property
Awards – Asia Pacific for 2012-13. For further information, please visit www.joneslanglasalle.co.in
For
more information about research, contact
Ashutosh
Limaye
Head,
Research and REIS +91 98211 07054
Sujash Bera
Assistant
Manager,
Research +91 033 3343 6125
sujash.bera@ap.jll.com
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