SlideShare uma empresa Scribd logo
1 de 24
Baixar para ler offline
H1 2016, a recap
- A recovery predicted
INDIA
REAL ESTATE
JULY – DECEMBER 2016
MUMBAI
MUMBAI
REAL ESTATE
H1 residential market recap
H1 2016 RAISED HOPES
23% and 29% increase
in sales and launches in H1 2016
Half yearly trend in launches and sales
57,007
35,512
18,887
24,450
41,377
31,210
28,446
34,971
-
10,000
20,000
30,000
40,000
50,000
60,000
H1 2013 H1 2014 H1 2015 H1 2016
Noofunits
Launches Sales
29%
23%
…But H2 2016 suffers
a setback
H2 2016 launches and sales skid
by 53% and 26% YoY respectively
Half yearly trend in launches and sales
52,222
26,833
20,776
9,740
32,717
36,505
34,135
25,403
-
10,000
20,000
30,000
40,000
50,000
60,000
H2 2013 H2 2014 H2 2015 H2 2016
Noofunits
Launches Sales
-53%
-26%
No pick up in premium markets
Micro-market trend in launches
-
1,000
2,000
3,000
4,000
5,000
6,000
Central
Mumbai
Central
Suburbs
Navi
Mumbai
Peripheral
Central
Suburbs
Peripheral
Western
Suburbs
South
Mumbai
Thane Western
Suburbs
Noofunits
H2 2015 H2 2016
-74%
-72% -68%
-28%
-54%
-100%
-37%
-78%
YoY change
Markets like Thane, Mulund, Vikhroli,
Badlapur, Karjat less hit
Micro-market trend in sales
-
2,000
4,000
6,000
8,000
10,000
12,000
Central
Mumbai
Central
Suburbs
Navi
Mumbai
Peripheral
Central
Suburbs
Peripheral
Western
Suburbs
South
Mumbai
Thane Western
Suburbs
Nofounits
H2 2015 H2 2016 YoY change
-41%
-20%
-26%
-13%
-37%
-20%
-37%
-54%
Weakest annual performance in
the last seven years
138,613
114,710
121,615
109,229
62,345
39,663
34,190
108,680
96,226
85,978
74,094
67,715
62,581
60,374
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2010 2011 2012 2013 2014 2015 2016
Noofunits
Launches Sales
Yearly trend in launches and sales
44%
75%
QTS has increased despite reduction in
unsold inventory from 1,60,000 to 1,54,000
QTS trend
11.5
11.7
12.1
11.5
11.1
10.4
10.2
9.5
10.1
8.0
8.5
9.0
9.5
10.0
10.5
11.0
11.5
12.0
12.5
Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16
No.ofQuarters
Impact of
Demonetisation
Demonetisation - A huge dent
Launches at 16% and sales at 39% of Q4 2014
15,512
20,000
10,733
16,100
11,110
7,777
9,326
11,450
13,849
10,601
7,123
2,617
14,210
17,000
14,602
21,903
16,733
11,713
16,953 17,182
18,807
16,164
16,786
8,617
-
5,000
10,000
15,000
20,000
25,000
Q1
2014
Q2
2014
Q3
2014
Q4
2014
Q1
2015
Q2
2015
Q3
2015
Q4
2015
Q1
2016
Q2
2016
Q3
2016
Q4
2016
Noofunits
Launches Sales
Quarterly trend of new launches and sales
Q4 revenue loss for both
State exchequer and industry
Average # units sold in
Q4 2014 & Q4 2015 19,543
# Units sold in Q4 2016 8,617
56% fall
in sales
Notional REVENUE LOSS
to real estate industry
INR 9,100 cr
State government notional
LOSS ON STAMP DUTY
INR 460 cr
Key takeaways
MMR residential sales at its worst in the last 7 years
Sales in Thane and Central Suburbs relatively resilient -
down by 20% in H2 2016 compared to 26% for the city
Demonetization brings residential market to a standstill
Uncertainty likely to continue for the next quarter
Reduction in home loan interest rates, RERA, GST and ‘possible’ tax
benefits in the upcoming budget likely to bring in a ‘feel good factor’
among buyers
Office market
MUMBAI OFFICE MARKET SEES
A MARGINAL SLIDE IN 2016
Transactions dipped by 6% - putting brakes on the
growth momentum of last three years
Yearly transactions & new completion
12.4
14.5
12.0
7.6
9.2
5.8 5.9
9.6
8.0
6.0 6.2
7.3 7.5 7.1
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
2010 2011 2012 2013 2014 2015 2016
Mnsqft
New completion Transactions
In H2 2016, new completions were lower by 73%;
Transactions dipped by 34% primarily
on account of base effect
Half yearly trend of new completions and transactions
6.0
3.8
6.4
3.5
1.0
2.6 2.4
4.8 5.0
3.3
-
1.0
2.0
3.0
4.0
5.0
6.0
7.0
H2 2012 H2 2013 H2 2014 H2 2015 H2 2016
Mnsqft
New completions Transactions
34%
73%
Vacancy on a steady decline;
BKC and Central Mumbai see high occupier
interest with vacancy level less than 2%
Half yearly trend of vacancy
22.8% 22.6%
21.6%
19.6%
17.0%
18.0%
19.0%
20.0%
21.0%
22.0%
23.0%
24.0%
H2 2013 H2 2014 H2 2015 H2 2016
Rentals jump by 16% as majority of transactions
happened in costlier business districts
Half yearly weighted average rental trend of MMR
114
118
104
121
95
100
105
110
115
120
125
H2 2013 H2 2014 H2 2015 H2 2016
INR/sqft/mth
BFSI and manufacturing sectors
lead the office demand in H2 2016
BFSI and manufacturing sectors takes up large
office spaces in PBD and SBD West
Sector wise transactions
15%
46%
22%
17%
31%
16%
33%
20%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
BFSI IT/ITES Manufacturing Other services
H2 2015 H2 2016
5.0 mn sq ft 3.3 mn sq ft
Central Mumbai and BKC face supply shortage;
office demand moves north
Micro-market wise transactions
16%
2%
7%
53%
7%
14%
11% 9%
6%
24% 23%
27%
0%
10%
20%
30%
40%
50%
60%
BKC & Off-BKC CBD & Off-CBD Central Mumbai PBD SBD Central SBD West
H2 2015 H2 2016
5.0 mn sq ft 3.3 mn sq ft
Key takeaways
Vacancy level has come down -
Lower Parel and BKC in single digit
For 2016, dip in transactions put brakes on the
growth momentum of last three years
BFSI and Manufacturing led the office transaction
in H2 2016
Download the complete report from the link below:
bit.ly/IREH216-SS

Mais conteúdo relacionado

Mais procurados

Pune Real Estate Report H1 2016 presentation
Pune Real Estate Report H1 2016 presentationPune Real Estate Report H1 2016 presentation
Pune Real Estate Report H1 2016 presentationKnight Frank India
 
All India Real Estate Report H1 2017 Presentation
All India Real Estate Report H1 2017 PresentationAll India Real Estate Report H1 2017 Presentation
All India Real Estate Report H1 2017 PresentationKnight Frank India
 
Hyderabad Real Estate Report H1 2017 Presentation
Hyderabad Real Estate Report H1 2017 PresentationHyderabad Real Estate Report H1 2017 Presentation
Hyderabad Real Estate Report H1 2017 PresentationKnight Frank India
 
Hyderabad Real Estate Report H1 2016 Presentation
Hyderabad Real Estate Report H1 2016 PresentationHyderabad Real Estate Report H1 2016 Presentation
Hyderabad Real Estate Report H1 2016 PresentationKnight Frank India
 
NCR Real Estate Report H1 2017 Presentation
NCR Real Estate Report H1 2017 PresentationNCR Real Estate Report H1 2017 Presentation
NCR Real Estate Report H1 2017 PresentationKnight Frank India
 
Mumbai Real Estate Report H1 2017 Presentation
Mumbai Real Estate Report H1 2017 PresentationMumbai Real Estate Report H1 2017 Presentation
Mumbai Real Estate Report H1 2017 PresentationKnight Frank India
 
Bengaluru Real Estate Report H1 2017 Presentation
Bengaluru Real Estate Report H1 2017 PresentationBengaluru Real Estate Report H1 2017 Presentation
Bengaluru Real Estate Report H1 2017 PresentationKnight Frank India
 
Chennai Real Estate Report H1 2017 Presentation
Chennai Real Estate Report H1 2017 PresentationChennai Real Estate Report H1 2017 Presentation
Chennai Real Estate Report H1 2017 PresentationKnight Frank India
 
Bengaluru Real Estate Report H1 2016 Presentation
Bengaluru Real Estate Report H1 2016 PresentationBengaluru Real Estate Report H1 2016 Presentation
Bengaluru Real Estate Report H1 2016 PresentationKnight Frank India
 
Mumbai Real Estate Presentation
Mumbai Real Estate PresentationMumbai Real Estate Presentation
Mumbai Real Estate PresentationKnight Frank India
 
All India - India Real Estate Outlook Report
All India - India Real Estate Outlook ReportAll India - India Real Estate Outlook Report
All India - India Real Estate Outlook ReportKnight Frank India
 
Pune Real Estate Report H1 2017 Presentation
Pune Real Estate Report H1 2017 PresentationPune Real Estate Report H1 2017 Presentation
Pune Real Estate Report H1 2017 PresentationKnight Frank India
 
Ahmedabad Real Estate Report H1 2017 Presentation
Ahmedabad Real Estate Report H1 2017 PresentationAhmedabad Real Estate Report H1 2017 Presentation
Ahmedabad Real Estate Report H1 2017 PresentationKnight Frank India
 
All India Real Estate Presentation
All India Real Estate PresentationAll India Real Estate Presentation
All India Real Estate PresentationKnight Frank India
 
Chennai Real Estate Report H1 2016 Presentation
Chennai Real Estate Report H1 2016 PresentationChennai Real Estate Report H1 2016 Presentation
Chennai Real Estate Report H1 2016 PresentationKnight Frank India
 
Kolkata Real Estate Report H1 2016 Presentation
Kolkata Real Estate Report H1 2016 PresentationKolkata Real Estate Report H1 2016 Presentation
Kolkata Real Estate Report H1 2016 PresentationKnight Frank India
 
Hyderabad Real Estate Presentation
Hyderabad Real Estate PresentationHyderabad Real Estate Presentation
Hyderabad Real Estate PresentationKnight Frank India
 
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank India
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank IndiaKolkata Real Estate Outlook Report H1 2015 - Knight Frank India
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank IndiaKnight Frank India
 

Mais procurados (20)

Pune Real Estate Report H1 2016 presentation
Pune Real Estate Report H1 2016 presentationPune Real Estate Report H1 2016 presentation
Pune Real Estate Report H1 2016 presentation
 
All India Real Estate Report H1 2017 Presentation
All India Real Estate Report H1 2017 PresentationAll India Real Estate Report H1 2017 Presentation
All India Real Estate Report H1 2017 Presentation
 
Hyderabad Real Estate Report H1 2017 Presentation
Hyderabad Real Estate Report H1 2017 PresentationHyderabad Real Estate Report H1 2017 Presentation
Hyderabad Real Estate Report H1 2017 Presentation
 
Hyderabad Real Estate Report H1 2016 Presentation
Hyderabad Real Estate Report H1 2016 PresentationHyderabad Real Estate Report H1 2016 Presentation
Hyderabad Real Estate Report H1 2016 Presentation
 
NCR Real Estate Report H1 2017 Presentation
NCR Real Estate Report H1 2017 PresentationNCR Real Estate Report H1 2017 Presentation
NCR Real Estate Report H1 2017 Presentation
 
Mumbai Real Estate Report H1 2017 Presentation
Mumbai Real Estate Report H1 2017 PresentationMumbai Real Estate Report H1 2017 Presentation
Mumbai Real Estate Report H1 2017 Presentation
 
Bengaluru Real Estate Report H1 2017 Presentation
Bengaluru Real Estate Report H1 2017 PresentationBengaluru Real Estate Report H1 2017 Presentation
Bengaluru Real Estate Report H1 2017 Presentation
 
Chennai Real Estate Report H1 2017 Presentation
Chennai Real Estate Report H1 2017 PresentationChennai Real Estate Report H1 2017 Presentation
Chennai Real Estate Report H1 2017 Presentation
 
Bengaluru Real Estate Report H1 2016 Presentation
Bengaluru Real Estate Report H1 2016 PresentationBengaluru Real Estate Report H1 2016 Presentation
Bengaluru Real Estate Report H1 2016 Presentation
 
Mumbai Real Estate Presentation
Mumbai Real Estate PresentationMumbai Real Estate Presentation
Mumbai Real Estate Presentation
 
All India - India Real Estate Outlook Report
All India - India Real Estate Outlook ReportAll India - India Real Estate Outlook Report
All India - India Real Estate Outlook Report
 
Pune Real Estate Report H1 2017 Presentation
Pune Real Estate Report H1 2017 PresentationPune Real Estate Report H1 2017 Presentation
Pune Real Estate Report H1 2017 Presentation
 
Ahmedabad Real Estate Report H1 2017 Presentation
Ahmedabad Real Estate Report H1 2017 PresentationAhmedabad Real Estate Report H1 2017 Presentation
Ahmedabad Real Estate Report H1 2017 Presentation
 
All India Real Estate Presentation
All India Real Estate PresentationAll India Real Estate Presentation
All India Real Estate Presentation
 
Chennai Real Estate Report H1 2016 Presentation
Chennai Real Estate Report H1 2016 PresentationChennai Real Estate Report H1 2016 Presentation
Chennai Real Estate Report H1 2016 Presentation
 
NCR Real Estate Presentation
NCR Real Estate PresentationNCR Real Estate Presentation
NCR Real Estate Presentation
 
Pune Real Estate Presentation
Pune Real Estate PresentationPune Real Estate Presentation
Pune Real Estate Presentation
 
Kolkata Real Estate Report H1 2016 Presentation
Kolkata Real Estate Report H1 2016 PresentationKolkata Real Estate Report H1 2016 Presentation
Kolkata Real Estate Report H1 2016 Presentation
 
Hyderabad Real Estate Presentation
Hyderabad Real Estate PresentationHyderabad Real Estate Presentation
Hyderabad Real Estate Presentation
 
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank India
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank IndiaKolkata Real Estate Outlook Report H1 2015 - Knight Frank India
Kolkata Real Estate Outlook Report H1 2015 - Knight Frank India
 

Semelhante a Mumbai Real Estate Report H2 2016 presentation

NCR Real Estate Report H2 2016 Presentation
NCR Real Estate Report H2 2016 PresentationNCR Real Estate Report H2 2016 Presentation
NCR Real Estate Report H2 2016 PresentationKnight Frank India
 
Mumbai - India Real Estate Outlook Report
Mumbai - India Real Estate Outlook ReportMumbai - India Real Estate Outlook Report
Mumbai - India Real Estate Outlook ReportKnight Frank India
 
Mumbai Real Estate Report H2 2017 Presentation
Mumbai Real Estate Report H2 2017 PresentationMumbai Real Estate Report H2 2017 Presentation
Mumbai Real Estate Report H2 2017 PresentationKnight Frank India
 
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)D Murali ☆
 
CREALOGIX_half-year-results_2015_2016_presentation_en
CREALOGIX_half-year-results_2015_2016_presentation_enCREALOGIX_half-year-results_2015_2016_presentation_en
CREALOGIX_half-year-results_2015_2016_presentation_enEszter Vass
 
EG Retail Summit: 22.5m sq ft in development pipeline
EG Retail Summit: 22.5m sq ft in development pipelineEG Retail Summit: 22.5m sq ft in development pipeline
EG Retail Summit: 22.5m sq ft in development pipelineDr Nadia Elghamry
 
RETAIL SUMMIT PRESENTATION JAMES CHILD EGI
RETAIL SUMMIT PRESENTATION JAMES CHILD EGIRETAIL SUMMIT PRESENTATION JAMES CHILD EGI
RETAIL SUMMIT PRESENTATION JAMES CHILD EGIJames Child
 
All India - Real Estate Report H2 2017 Presentation
All India - Real Estate Report H2 2017 PresentationAll India - Real Estate Report H2 2017 Presentation
All India - Real Estate Report H2 2017 PresentationKnight Frank India
 
Everead - Make News into Video- a marketing plan
Everead - Make News into Video- a marketing planEveread - Make News into Video- a marketing plan
Everead - Make News into Video- a marketing planBrent Leung
 
India Real Estate Outlook (H1 2014)
India Real Estate Outlook (H1 2014)India Real Estate Outlook (H1 2014)
India Real Estate Outlook (H1 2014)Knight Frank India
 
India Real Estate Outlook January - June 2014
India Real Estate Outlook January -  June 2014India Real Estate Outlook January -  June 2014
India Real Estate Outlook January - June 2014Anil GROVER
 
NCR Real Estate Report H2 2017 Presentation
NCR Real Estate Report H2 2017 PresentationNCR Real Estate Report H2 2017 Presentation
NCR Real Estate Report H2 2017 PresentationKnight Frank India
 
Assignment on financial ratio by Md. Parvez Alam.
Assignment on financial ratio by Md. Parvez Alam.Assignment on financial ratio by Md. Parvez Alam.
Assignment on financial ratio by Md. Parvez Alam.MD. Parvez Alam
 
CF Salary Guide - Construction
CF Salary Guide - ConstructionCF Salary Guide - Construction
CF Salary Guide - ConstructionMichael Gilmore
 
LMA salary survey - Financial services
LMA salary survey - Financial services LMA salary survey - Financial services
LMA salary survey - Financial services shahaf raz
 
LMA salary survey - Financial services
LMA salary survey - Financial services LMA salary survey - Financial services
LMA salary survey - Financial services shahaf raz
 
Lma salary survey - Financial services
Lma salary survey - Financial services Lma salary survey - Financial services
Lma salary survey - Financial services shahaf raz
 
2014_Investment-Report_EN_email
2014_Investment-Report_EN_email2014_Investment-Report_EN_email
2014_Investment-Report_EN_emailSebastien Gatti
 
Qliro Group Q3 2016
Qliro Group Q3 2016Qliro Group Q3 2016
Qliro Group Q3 2016qlirogroup
 

Semelhante a Mumbai Real Estate Report H2 2016 presentation (20)

NCR Real Estate Report H2 2016 Presentation
NCR Real Estate Report H2 2016 PresentationNCR Real Estate Report H2 2016 Presentation
NCR Real Estate Report H2 2016 Presentation
 
Mumbai - India Real Estate Outlook Report
Mumbai - India Real Estate Outlook ReportMumbai - India Real Estate Outlook Report
Mumbai - India Real Estate Outlook Report
 
Mumbai Real Estate Report H2 2017 Presentation
Mumbai Real Estate Report H2 2017 PresentationMumbai Real Estate Report H2 2017 Presentation
Mumbai Real Estate Report H2 2017 Presentation
 
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
 
CREALOGIX_half-year-results_2015_2016_presentation_en
CREALOGIX_half-year-results_2015_2016_presentation_enCREALOGIX_half-year-results_2015_2016_presentation_en
CREALOGIX_half-year-results_2015_2016_presentation_en
 
EG Retail Summit: 22.5m sq ft in development pipeline
EG Retail Summit: 22.5m sq ft in development pipelineEG Retail Summit: 22.5m sq ft in development pipeline
EG Retail Summit: 22.5m sq ft in development pipeline
 
RETAIL SUMMIT PRESENTATION JAMES CHILD EGI
RETAIL SUMMIT PRESENTATION JAMES CHILD EGIRETAIL SUMMIT PRESENTATION JAMES CHILD EGI
RETAIL SUMMIT PRESENTATION JAMES CHILD EGI
 
All India - Real Estate Report H2 2017 Presentation
All India - Real Estate Report H2 2017 PresentationAll India - Real Estate Report H2 2017 Presentation
All India - Real Estate Report H2 2017 Presentation
 
Everead - Make News into Video- a marketing plan
Everead - Make News into Video- a marketing planEveread - Make News into Video- a marketing plan
Everead - Make News into Video- a marketing plan
 
India Real Estate Outlook (H1 2014)
India Real Estate Outlook (H1 2014)India Real Estate Outlook (H1 2014)
India Real Estate Outlook (H1 2014)
 
India Real Estate Outlook January - June 2014
India Real Estate Outlook January -  June 2014India Real Estate Outlook January -  June 2014
India Real Estate Outlook January - June 2014
 
NCR Real Estate Report H2 2017 Presentation
NCR Real Estate Report H2 2017 PresentationNCR Real Estate Report H2 2017 Presentation
NCR Real Estate Report H2 2017 Presentation
 
Assignment on financial ratio by Md. Parvez Alam.
Assignment on financial ratio by Md. Parvez Alam.Assignment on financial ratio by Md. Parvez Alam.
Assignment on financial ratio by Md. Parvez Alam.
 
CF Salary Guide - Construction
CF Salary Guide - ConstructionCF Salary Guide - Construction
CF Salary Guide - Construction
 
DFB2B 2016 - Marketing automation als leadmachine.
DFB2B 2016 - Marketing automation als leadmachine.DFB2B 2016 - Marketing automation als leadmachine.
DFB2B 2016 - Marketing automation als leadmachine.
 
LMA salary survey - Financial services
LMA salary survey - Financial services LMA salary survey - Financial services
LMA salary survey - Financial services
 
LMA salary survey - Financial services
LMA salary survey - Financial services LMA salary survey - Financial services
LMA salary survey - Financial services
 
Lma salary survey - Financial services
Lma salary survey - Financial services Lma salary survey - Financial services
Lma salary survey - Financial services
 
2014_Investment-Report_EN_email
2014_Investment-Report_EN_email2014_Investment-Report_EN_email
2014_Investment-Report_EN_email
 
Qliro Group Q3 2016
Qliro Group Q3 2016Qliro Group Q3 2016
Qliro Group Q3 2016
 

Mais de Knight Frank India

Kolkata Real Estate Report H2 2017 Presentation
Kolkata Real Estate Report H2 2017 PresentationKolkata Real Estate Report H2 2017 Presentation
Kolkata Real Estate Report H2 2017 PresentationKnight Frank India
 
Pune Real Estate Report H2 2017 Presentation
Pune Real Estate Report H2 2017 PresentationPune Real Estate Report H2 2017 Presentation
Pune Real Estate Report H2 2017 PresentationKnight Frank India
 
Hyderabad Real Estate Report H2 2017 Presentation
Hyderabad Real Estate Report H2 2017 PresentationHyderabad Real Estate Report H2 2017 Presentation
Hyderabad Real Estate Report H2 2017 PresentationKnight Frank India
 
Chennai Real Estate Report H2 2017 Presentation
Chennai Real Estate Report H2 2017 PresentationChennai Real Estate Report H2 2017 Presentation
Chennai Real Estate Report H2 2017 PresentationKnight Frank India
 
Bengaluru Real Estate Report H2 2017 Presentation
Bengaluru Real Estate Report H2 2017 PresentationBengaluru Real Estate Report H2 2017 Presentation
Bengaluru Real Estate Report H2 2017 PresentationKnight Frank India
 
Ahmedabad Real Estate Report H2 2017 Presentation
Ahmedabad Real Estate Report H2 2017 PresentationAhmedabad Real Estate Report H2 2017 Presentation
Ahmedabad Real Estate Report H2 2017 PresentationKnight Frank India
 
Kolkata Real Estate Report H1 2017 Presentation
Kolkata Real Estate Report H1 2017 PresentationKolkata Real Estate Report H1 2017 Presentation
Kolkata Real Estate Report H1 2017 PresentationKnight Frank India
 
Kolkata Real Estate Report H2 2016 Presentation
Kolkata Real Estate Report H2 2016 PresentationKolkata Real Estate Report H2 2016 Presentation
Kolkata Real Estate Report H2 2016 PresentationKnight Frank India
 

Mais de Knight Frank India (9)

Kolkata Real Estate Report H2 2017 Presentation
Kolkata Real Estate Report H2 2017 PresentationKolkata Real Estate Report H2 2017 Presentation
Kolkata Real Estate Report H2 2017 Presentation
 
Pune Real Estate Report H2 2017 Presentation
Pune Real Estate Report H2 2017 PresentationPune Real Estate Report H2 2017 Presentation
Pune Real Estate Report H2 2017 Presentation
 
Hyderabad Real Estate Report H2 2017 Presentation
Hyderabad Real Estate Report H2 2017 PresentationHyderabad Real Estate Report H2 2017 Presentation
Hyderabad Real Estate Report H2 2017 Presentation
 
Chennai Real Estate Report H2 2017 Presentation
Chennai Real Estate Report H2 2017 PresentationChennai Real Estate Report H2 2017 Presentation
Chennai Real Estate Report H2 2017 Presentation
 
Bengaluru Real Estate Report H2 2017 Presentation
Bengaluru Real Estate Report H2 2017 PresentationBengaluru Real Estate Report H2 2017 Presentation
Bengaluru Real Estate Report H2 2017 Presentation
 
Ahmedabad Real Estate Report H2 2017 Presentation
Ahmedabad Real Estate Report H2 2017 PresentationAhmedabad Real Estate Report H2 2017 Presentation
Ahmedabad Real Estate Report H2 2017 Presentation
 
Kolkata Real Estate Report H1 2017 Presentation
Kolkata Real Estate Report H1 2017 PresentationKolkata Real Estate Report H1 2017 Presentation
Kolkata Real Estate Report H1 2017 Presentation
 
The Wealth Report 2017
The Wealth Report 2017The Wealth Report 2017
The Wealth Report 2017
 
Kolkata Real Estate Report H2 2016 Presentation
Kolkata Real Estate Report H2 2016 PresentationKolkata Real Estate Report H2 2016 Presentation
Kolkata Real Estate Report H2 2016 Presentation
 

Último

Acqua Eden Bhutani Goa Brochure Download
Acqua Eden Bhutani Goa Brochure DownloadAcqua Eden Bhutani Goa Brochure Download
Acqua Eden Bhutani Goa Brochure DownloadMKBInfotech
 
Anshul Uruli Kanchan Pune E-Brochure.pdf
Anshul Uruli Kanchan Pune  E-Brochure.pdfAnshul Uruli Kanchan Pune  E-Brochure.pdf
Anshul Uruli Kanchan Pune E-Brochure.pdfManishSaxena95
 
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...JagadishKR1
 
SVN Live 3.25.24 Weekly Property Broadcast
SVN Live 3.25.24 Weekly Property BroadcastSVN Live 3.25.24 Weekly Property Broadcast
SVN Live 3.25.24 Weekly Property BroadcastSVN International Corp.
 
Birla-Alokya Whitefield, Banglore-e-Brochure.pdf
Birla-Alokya Whitefield, Banglore-e-Brochure.pdfBirla-Alokya Whitefield, Banglore-e-Brochure.pdf
Birla-Alokya Whitefield, Banglore-e-Brochure.pdffaheemali990101
 
AIPL Joy District Sector 88, In Gurgaon.pdf
AIPL Joy District  Sector 88,  In Gurgaon.pdfAIPL Joy District  Sector 88,  In Gurgaon.pdf
AIPL Joy District Sector 88, In Gurgaon.pdfbhattrishabh270
 
Provident Manchester IVC Road Bangalore.pdf
Provident Manchester IVC Road Bangalore.pdfProvident Manchester IVC Road Bangalore.pdf
Provident Manchester IVC Road Bangalore.pdfashiyadav24
 
Common House Flipping Mistakes and How to Avoid Them
Common House Flipping Mistakes and How to Avoid ThemCommon House Flipping Mistakes and How to Avoid Them
Common House Flipping Mistakes and How to Avoid ThemHampton Luzak
 
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdf
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdfShapoorji Pallonji Codename Evolve Pine Bangalore.pdf
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdfashiyadav24
 
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Price
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable PriceKalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Price
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Priceaidasheikh47
 
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...GMRAerocityHyderabad
 
LCAR Unit 15 - Agency in Real Estate - 14th Edition Revised
LCAR Unit 15 - Agency in Real Estate - 14th Edition RevisedLCAR Unit 15 - Agency in Real Estate - 14th Edition Revised
LCAR Unit 15 - Agency in Real Estate - 14th Edition RevisedTom Blefko
 
4S Sector 59 In Gurugram | Invest, Nest, Rest
4S Sector 59  In Gurugram | Invest, Nest, Rest4S Sector 59  In Gurugram | Invest, Nest, Rest
4S Sector 59 In Gurugram | Invest, Nest, Restbhattrishabh270
 
Anshul Kanvas Wagholi Pune Apartments Brochure.pdf
Anshul Kanvas Wagholi Pune Apartments Brochure.pdfAnshul Kanvas Wagholi Pune Apartments Brochure.pdf
Anshul Kanvas Wagholi Pune Apartments Brochure.pdfsabhyara24
 
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...Yantram Animation Studio Corporation
 
LCAR Unit 13 - The Real Estate Business - 14th Edition Revised
LCAR Unit 13 - The Real Estate Business - 14th Edition RevisedLCAR Unit 13 - The Real Estate Business - 14th Edition Revised
LCAR Unit 13 - The Real Estate Business - 14th Edition RevisedTom Blefko
 
LCAR Unit 14 - Real Estate Brokerage - 14th Edition Revised
LCAR Unit 14 - Real Estate Brokerage - 14th Edition RevisedLCAR Unit 14 - Real Estate Brokerage - 14th Edition Revised
LCAR Unit 14 - Real Estate Brokerage - 14th Edition RevisedTom Blefko
 
K Raheja Amaltis Sion Mumbai | A Return To Better Living
K Raheja Amaltis Sion Mumbai | A Return To Better LivingK Raheja Amaltis Sion Mumbai | A Return To Better Living
K Raheja Amaltis Sion Mumbai | A Return To Better Livingaidasheikh47
 
Mahindra Lifespaces Kandivali East | Expansive spaces for your family
Mahindra Lifespaces Kandivali East | Expansive spaces for your familyMahindra Lifespaces Kandivali East | Expansive spaces for your family
Mahindra Lifespaces Kandivali East | Expansive spaces for your familyaidasheikh47
 
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WI
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WICommercial Lots for Sale - Pederson Crossing Blvd., DeForest,WI
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WILee & Associates of Madison, WI
 

Último (20)

Acqua Eden Bhutani Goa Brochure Download
Acqua Eden Bhutani Goa Brochure DownloadAcqua Eden Bhutani Goa Brochure Download
Acqua Eden Bhutani Goa Brochure Download
 
Anshul Uruli Kanchan Pune E-Brochure.pdf
Anshul Uruli Kanchan Pune  E-Brochure.pdfAnshul Uruli Kanchan Pune  E-Brochure.pdf
Anshul Uruli Kanchan Pune E-Brochure.pdf
 
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...
Godrej Shettigere - Where Dreams Take Root in Luxurious Villa Plots of North ...
 
SVN Live 3.25.24 Weekly Property Broadcast
SVN Live 3.25.24 Weekly Property BroadcastSVN Live 3.25.24 Weekly Property Broadcast
SVN Live 3.25.24 Weekly Property Broadcast
 
Birla-Alokya Whitefield, Banglore-e-Brochure.pdf
Birla-Alokya Whitefield, Banglore-e-Brochure.pdfBirla-Alokya Whitefield, Banglore-e-Brochure.pdf
Birla-Alokya Whitefield, Banglore-e-Brochure.pdf
 
AIPL Joy District Sector 88, In Gurgaon.pdf
AIPL Joy District  Sector 88,  In Gurgaon.pdfAIPL Joy District  Sector 88,  In Gurgaon.pdf
AIPL Joy District Sector 88, In Gurgaon.pdf
 
Provident Manchester IVC Road Bangalore.pdf
Provident Manchester IVC Road Bangalore.pdfProvident Manchester IVC Road Bangalore.pdf
Provident Manchester IVC Road Bangalore.pdf
 
Common House Flipping Mistakes and How to Avoid Them
Common House Flipping Mistakes and How to Avoid ThemCommon House Flipping Mistakes and How to Avoid Them
Common House Flipping Mistakes and How to Avoid Them
 
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdf
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdfShapoorji Pallonji Codename Evolve Pine Bangalore.pdf
Shapoorji Pallonji Codename Evolve Pine Bangalore.pdf
 
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Price
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable PriceKalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Price
Kalpataru Jade Skyline Baner Pune | A New Way Of Living At An Affordable Price
 
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...
Evolving Work Trends Require New-age Businesses to Design Thoughtful Workspac...
 
LCAR Unit 15 - Agency in Real Estate - 14th Edition Revised
LCAR Unit 15 - Agency in Real Estate - 14th Edition RevisedLCAR Unit 15 - Agency in Real Estate - 14th Edition Revised
LCAR Unit 15 - Agency in Real Estate - 14th Edition Revised
 
4S Sector 59 In Gurugram | Invest, Nest, Rest
4S Sector 59  In Gurugram | Invest, Nest, Rest4S Sector 59  In Gurugram | Invest, Nest, Rest
4S Sector 59 In Gurugram | Invest, Nest, Rest
 
Anshul Kanvas Wagholi Pune Apartments Brochure.pdf
Anshul Kanvas Wagholi Pune Apartments Brochure.pdfAnshul Kanvas Wagholi Pune Apartments Brochure.pdf
Anshul Kanvas Wagholi Pune Apartments Brochure.pdf
 
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...
Experience Tranquility: Serenity in Springfield, Idaho's Architectural Animat...
 
LCAR Unit 13 - The Real Estate Business - 14th Edition Revised
LCAR Unit 13 - The Real Estate Business - 14th Edition RevisedLCAR Unit 13 - The Real Estate Business - 14th Edition Revised
LCAR Unit 13 - The Real Estate Business - 14th Edition Revised
 
LCAR Unit 14 - Real Estate Brokerage - 14th Edition Revised
LCAR Unit 14 - Real Estate Brokerage - 14th Edition RevisedLCAR Unit 14 - Real Estate Brokerage - 14th Edition Revised
LCAR Unit 14 - Real Estate Brokerage - 14th Edition Revised
 
K Raheja Amaltis Sion Mumbai | A Return To Better Living
K Raheja Amaltis Sion Mumbai | A Return To Better LivingK Raheja Amaltis Sion Mumbai | A Return To Better Living
K Raheja Amaltis Sion Mumbai | A Return To Better Living
 
Mahindra Lifespaces Kandivali East | Expansive spaces for your family
Mahindra Lifespaces Kandivali East | Expansive spaces for your familyMahindra Lifespaces Kandivali East | Expansive spaces for your family
Mahindra Lifespaces Kandivali East | Expansive spaces for your family
 
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WI
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WICommercial Lots for Sale - Pederson Crossing Blvd., DeForest,WI
Commercial Lots for Sale - Pederson Crossing Blvd., DeForest,WI
 

Mumbai Real Estate Report H2 2016 presentation

  • 1. H1 2016, a recap - A recovery predicted INDIA REAL ESTATE JULY – DECEMBER 2016 MUMBAI
  • 3. H1 residential market recap H1 2016 RAISED HOPES
  • 4. 23% and 29% increase in sales and launches in H1 2016 Half yearly trend in launches and sales 57,007 35,512 18,887 24,450 41,377 31,210 28,446 34,971 - 10,000 20,000 30,000 40,000 50,000 60,000 H1 2013 H1 2014 H1 2015 H1 2016 Noofunits Launches Sales 29% 23%
  • 5. …But H2 2016 suffers a setback
  • 6. H2 2016 launches and sales skid by 53% and 26% YoY respectively Half yearly trend in launches and sales 52,222 26,833 20,776 9,740 32,717 36,505 34,135 25,403 - 10,000 20,000 30,000 40,000 50,000 60,000 H2 2013 H2 2014 H2 2015 H2 2016 Noofunits Launches Sales -53% -26%
  • 7. No pick up in premium markets Micro-market trend in launches - 1,000 2,000 3,000 4,000 5,000 6,000 Central Mumbai Central Suburbs Navi Mumbai Peripheral Central Suburbs Peripheral Western Suburbs South Mumbai Thane Western Suburbs Noofunits H2 2015 H2 2016 -74% -72% -68% -28% -54% -100% -37% -78% YoY change
  • 8. Markets like Thane, Mulund, Vikhroli, Badlapur, Karjat less hit Micro-market trend in sales - 2,000 4,000 6,000 8,000 10,000 12,000 Central Mumbai Central Suburbs Navi Mumbai Peripheral Central Suburbs Peripheral Western Suburbs South Mumbai Thane Western Suburbs Nofounits H2 2015 H2 2016 YoY change -41% -20% -26% -13% -37% -20% -37% -54%
  • 9. Weakest annual performance in the last seven years 138,613 114,710 121,615 109,229 62,345 39,663 34,190 108,680 96,226 85,978 74,094 67,715 62,581 60,374 - 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 2010 2011 2012 2013 2014 2015 2016 Noofunits Launches Sales Yearly trend in launches and sales 44% 75%
  • 10. QTS has increased despite reduction in unsold inventory from 1,60,000 to 1,54,000 QTS trend 11.5 11.7 12.1 11.5 11.1 10.4 10.2 9.5 10.1 8.0 8.5 9.0 9.5 10.0 10.5 11.0 11.5 12.0 12.5 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 No.ofQuarters
  • 12. Demonetisation - A huge dent Launches at 16% and sales at 39% of Q4 2014 15,512 20,000 10,733 16,100 11,110 7,777 9,326 11,450 13,849 10,601 7,123 2,617 14,210 17,000 14,602 21,903 16,733 11,713 16,953 17,182 18,807 16,164 16,786 8,617 - 5,000 10,000 15,000 20,000 25,000 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Noofunits Launches Sales Quarterly trend of new launches and sales
  • 13. Q4 revenue loss for both State exchequer and industry Average # units sold in Q4 2014 & Q4 2015 19,543 # Units sold in Q4 2016 8,617 56% fall in sales Notional REVENUE LOSS to real estate industry INR 9,100 cr State government notional LOSS ON STAMP DUTY INR 460 cr
  • 14. Key takeaways MMR residential sales at its worst in the last 7 years Sales in Thane and Central Suburbs relatively resilient - down by 20% in H2 2016 compared to 26% for the city Demonetization brings residential market to a standstill Uncertainty likely to continue for the next quarter Reduction in home loan interest rates, RERA, GST and ‘possible’ tax benefits in the upcoming budget likely to bring in a ‘feel good factor’ among buyers
  • 15. Office market MUMBAI OFFICE MARKET SEES A MARGINAL SLIDE IN 2016
  • 16. Transactions dipped by 6% - putting brakes on the growth momentum of last three years Yearly transactions & new completion 12.4 14.5 12.0 7.6 9.2 5.8 5.9 9.6 8.0 6.0 6.2 7.3 7.5 7.1 - 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 2010 2011 2012 2013 2014 2015 2016 Mnsqft New completion Transactions
  • 17. In H2 2016, new completions were lower by 73%; Transactions dipped by 34% primarily on account of base effect Half yearly trend of new completions and transactions 6.0 3.8 6.4 3.5 1.0 2.6 2.4 4.8 5.0 3.3 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 H2 2012 H2 2013 H2 2014 H2 2015 H2 2016 Mnsqft New completions Transactions 34% 73%
  • 18. Vacancy on a steady decline; BKC and Central Mumbai see high occupier interest with vacancy level less than 2% Half yearly trend of vacancy 22.8% 22.6% 21.6% 19.6% 17.0% 18.0% 19.0% 20.0% 21.0% 22.0% 23.0% 24.0% H2 2013 H2 2014 H2 2015 H2 2016
  • 19. Rentals jump by 16% as majority of transactions happened in costlier business districts Half yearly weighted average rental trend of MMR 114 118 104 121 95 100 105 110 115 120 125 H2 2013 H2 2014 H2 2015 H2 2016 INR/sqft/mth
  • 20. BFSI and manufacturing sectors lead the office demand in H2 2016
  • 21. BFSI and manufacturing sectors takes up large office spaces in PBD and SBD West Sector wise transactions 15% 46% 22% 17% 31% 16% 33% 20% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% BFSI IT/ITES Manufacturing Other services H2 2015 H2 2016 5.0 mn sq ft 3.3 mn sq ft
  • 22. Central Mumbai and BKC face supply shortage; office demand moves north Micro-market wise transactions 16% 2% 7% 53% 7% 14% 11% 9% 6% 24% 23% 27% 0% 10% 20% 30% 40% 50% 60% BKC & Off-BKC CBD & Off-CBD Central Mumbai PBD SBD Central SBD West H2 2015 H2 2016 5.0 mn sq ft 3.3 mn sq ft
  • 23. Key takeaways Vacancy level has come down - Lower Parel and BKC in single digit For 2016, dip in transactions put brakes on the growth momentum of last three years BFSI and Manufacturing led the office transaction in H2 2016
  • 24. Download the complete report from the link below: bit.ly/IREH216-SS

Notas do Editor

  1. MMR unsold inventory at 1,54,000 units, will take 2.5 years to offload
  2. Notional revenue loss to real estate industry INR 22,600 crore Notional state exchequer loss INR 1,200 cr (stamp duty)
  3. - Sales and launches down by 26% and 53% respectively
  4. new completions were marginally higher by 2% even as
  5. Vacancy on a steady decline. BKC and Central Mumbai see high occupier interest but embrace vacancy level less than 2%
  6. Vacancy on a steady decline. BKC and Central Mumbai see high occupier interest but embrace vacancy level less than 2%
  7. ; H2 2016: 3.3 mn sq ft
  8. In H2 2016, Mumbai’s office market saw a decline in both the critical indicators viz. new completion and transactions. Decline in transactions is primarily on account of the base effect Vacancy level has come down from 21.6% in H2 2015 to 19.6% in H2 2016. BKC and Central Mumbai have high occupier interest but embrace vacancy level of less than 2% BFSI and the manufacturing sector led the office demand, taking up large office spaces in PBD and SBD West For 2016, new completions were marginally higher by 2% even as transactions dipped by 6% - putting brakes on the growth momentum of last three years