Pr

opI
ndex|Magi
cbr
icks Bengal
uru
J
uly-
Sep2021

Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Resi
dent
ialmar
ketgr
owt
hont
hebac
kofgover
nmenti
nit
ati
ves Par
amet
ers I
ndi
a Bengal
uru

TheKar natakastategover nmenthasdec idedt orevisetheguidanceval ueandr educ etheStampDut yby2% t orevivet he Demand+ 13% 6%
fal
lingrealestatesec t
or .Toc reatemor etranspar encyinrealestatet r
ansac tions,thegover nmenthasimpl ement edc ertai
n Suppl y++ 8% -4%
changessuc hast hei ssueofdi gital'
khat as'(owner shipr
ecords)anddr onesur veyst oobtainpropert
yowner ship.Also, Pr i
c eI ndex+++ 0. 3% 0.5%
infr
astructuraldevel opmentsuc hasi naugur ati
onofext endedPur pleLinemet ro( Mysoreroad-Kengeri)isexpec tedtof urther
Notes:
fuelthegr owthofr esident ialdemand. Abovepar amet ersrepr
esentQoQc hangeinQ32021at
Mor eover,withrelaxat ioni nCOVI D-19r elatedlockdownandl i
festar ti
ngt or eturntonor mal,Bengalur
u’sresident i
alr eal I
ndiaandc i
tylevel
estatesaw anupsur geofhousi ngdemandby6% i nQ32021af teritdec l
inedt o30% i nQ22021.Fur ther,thedevel oper str
ied +changei nvolumeofpr opert
ysear ches
++c hangeinvol umeofac t
iveli
stings
toat t
ractnew homebuyer sbyoffer ingpr e-EMIopt i
onand12mont hspaymenthol i
day.Also,theci
tysaw mor etracti
oni nthe +++changei ntheaveragepriceofUnder -
̀Const
ruc
tion
Under -
Const r
uction( UC)pr opertiescompar edwi thReady-to-Move( RM)pr opertiesdur i
ngthequarter. (UC)andReady- t
o-move(RM)pr operties
Sour
ce:Magi
cbr
icksResear
ch

RM Pr
iceI
ndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
7,
000
Pr
est
igeEst
atesPr
ojec
ts
6,
500
"RM segment SOBHA
NRpsf

Br
igadeEnt
erpr
ises
6,
000 observedapric
e
eI

Pur
avankar
a
decl
ineof1.1% QoQ.
”
i
agePrc

5,
500 Sal
arpur
iaSat
tvaGr
oup

Bhar
tiyaCi
tyDevel
oper
s
Aver

5,
000
MahaveerGr
oup

4,
500 Godr
ejPr
oper
ties
5Year
s YoY QoQ SNNBui
lder
s
4,
000
Shr
iram Pr
oper
ties
2017

2018

2019

2020

2021

2022

14.
0% -
0.9% -
1.1%

Notes: Note:Theabovetabler
epr
esentst hetopdeveloper
sby
1.RM pric
eindexrepresent
stheweight
edaveragepri
ceofcompletedpr
oper
tiesonMagic
bri
ckswebsi
teasonSep2021 shareofact
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thetrendli
nerepresentstheaver
agepr
icesofdominantassetc
lassi
neachloc
ali
tyoft
hecit
y 2021
Source:Magic
bricksResear
ch

UCPr
iceI
ndex KeyPr
ojec
ts

7,
000 Pr
ojec
tName Loc
ali
ty
"I
nc r
easedf
oc usonUC Kew Gar
dens Yemal
ur
6,
500
propertesl
i edt opric
e Lakesi
deHabi
tat Whi
tefiel
d
NRpsf

6,
000 growthof2.9% QoQ Shant
ini
ket
an Whi
tefiel
d
eI

and3.1% YoY.” Fal

conCi
ty Kanakapur
aRoad
ic

5,
500
gePr

Godr
ejUni
ted Whi
tefiel
d
Aver

5,
000 Adar
shPal
m Ret
reat Sar
japurRoad

Pr
est
igeTr
anqui
li
ty Budi
ger
e
4,
500
5Year
s YoY QoQ SobhaDr
eam Ac
res Panat
hur
4,
000 Ni
kooHomes Thani
sandr
a
2017

2018

2019

2020

2021

2022

29.
3% 6.
9% 2.
2%
SobhaCi
ty Thani
sandr
a

Note: Note:
1.UCpri
ceindexrepr
esentst
hewei ghtedaver
agepric
eofunder -
const
ructi
onproperti
esonMagicbr
ickswebsi
teasonSep2021 Theabovetabl
erepresentsthet
oppr oj
ectsbyconsumer
2.Thetr
endliner
epresent
st heaveragepri
cesofdominantassetcl
assineachl
ocal
ityofthec
ity. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32021
Sour
ce:Magicbri
cksResearc
h

Aver
agec
hangesi
nrat
esi
nINRpersf(
psf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews

<5000 5000-
6000 6000-
7000 >7000

3.
0% 1.Karnatakahasdec i
dedtosl ashguidance
2.
5% 2.
6% valuesofpr oper
tiestoboostpr oper
t y
registrati
onandr evi
vether esi
dential
"Buyersfavour
edUC mar ket.However,indust
rialzonesand
locali
tiesalonghighwaysareexempt ed.
propertesobser
i ved
0.
7%
0.
2% pri
cegr owthacrossal
l 2.Thegover nmenthasi ntroduc eddigital
‘
khat as’i neastBengal uruandi splanni ng
pricesegments." toissuet hesamei nwest ,foll
owedby
corear easc overing100war ds.Thi
s
woul dhel ptor educefraudsandensur e
-
1.1% transpar encyinr ealestatetransactions.
-
1.4% -
1.5%
3.
InJul
y2021,t
hegover nmentreduced
RM UC RM UC RM UC RM UC
St
ampDut yf
rom 5% t
o3% f orproper
ties
Note: pr
icedbet
weenINR35- 45lakhs.
Abovetabl
erepr
esent
sthepr
icec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iouspr
icebuc
ket
s(I
NRpsf)asonSep2021.
Sour
ce:Magi
cbri
cksResear
ch

© magi
cbr
icks.
com Page1
Demand-
Suppl
yAnal
ysi
s Bengal
uru|J
uly-
Sep2021

Consumersinc
linedt
owar
ds 3BHKmostsoughtaf
terf
oll
owedby2BHK
mid-si
zedhomes
DEMAND SUPPLY
Demandf
orpremium r
esi
dent
ialproper
ties(
mor
e
thanI
NR7,000psf
)remai
nedintac
tinQ32021. Above3BHK 1BHK Above3BHK 1BHK
6% 3% 6% 3%
2and3BHKuni t
sc ont
inuedt
owi tnessthemost
tract
ioninQ32021wi th90% shar
ei nthe 2BHK
propert
ysearches.Thesuppl
ysidealsomanaged 40%
tokeepupwi t
ht hedemand,inter
msofBHK 2BHK
configurati
ons. 3BHK 46%
3BHK 46%
50%
"The3BHKc onfigurati
onsaw a
signific
antshareof50% i
nthe
demandpieofQ32021." Notes:
1.Demandrepresentsproper
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32021,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32021,segr
egatedbyBHKconfigurat
ion
-Bell
aryroad,Sar japurr
oadandWhi t
efield Sour
ce:Magic
bri
cksResear
ch
continuedtobet hetopmicro-
mar ket
sindemand,
owingt oexcellentconnect
ivit
yand
infr
astructuraldevelopmentslikemetro.
Agoodmi
xofdemandandsuppl
yac
rossal
lpr
icebuc
ket
s
-Theinaugurat
ionofextendedPurpleLi
neof
met r
of r
om Mysor eRoadtoKengeriinQ32021is DEMAND SUPPLY
expectedtoincreasethedemandforproperti
es
pric
edwi thi
nINR5, 000psfal
ongthisstret
ch. <5000
<5000
22% >7000 21%
-Magicbricksresear
chshowsthatthedevel
opers >7000
33%
respondedposi ti
vel
yt ot
hechangi
ngbuyer’s 38%
preferences,assupplywasinli
newithdemand
acrossallBHKc onfigurati
onsandpri
cebuckets.

5000-6000 5000-6000
21% 23%
6000-7000 6000-7000
20% 23%
Notes:
1.Demandrepresentsproper
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32021,segr
egatedbypr
icebucket
s
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32021,segr
egatedbypri
cebucket
s

Sour
ce:Magi
cbr
icksResear
ch

TopMi
cromar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
croMar
ket Pr
iceRange Rank Rank
Q3-21 Q2-21

Sar
japurRoad 3700-
8900 1 2

Bel
lar
yRoad 4200-
10800 2 3

Whi
tefiel
d 3900-
9400 3 1

Kanakapur
aRoad 4000-
9900 4 4

El
ect
roni
cCi
ty 3500-
6200 5 5 Devanahal
li

Banner
ghat
taRoad 4000-
7600 6 6

Thani
sandr
a 4900-
8000 7 7 TumkurRoad
Budi
ger
e
Note:
1.Topmicro-marketsoftheci
ty,rankedbynumberofsearcheson
Magicbri
cksinQ32021
2.Pric
erangesrepresenttherangeofaveragel
ocal
itypric
esi nt
he
Hoskot
e
J
alahal
li
micromarketinI
NRpsf .
Sour
ce:Magicbric
ksResear
ch
MagadiRoad

TopMi
cromar
ket
sbyac
tivel
ist
ings
Mi
croMar
ket Pri
ce Rank Rank
Range Q3-21 Q2-21 Kenger
i

Sar
japur
Bel
lar
yRoad 4200-
10800 1 2

Sar
japurRoad 3700-
8900 2 3 Chandapur
a

Kanakapur
aRoad 4000-
9900 3 5
Kanakapur
aRoad
Thani
sandr
a 4900-
8000 4 4

Whi
tefiel
d 3900-
9400 5 1

El
ect
roni
cCi
ty 3500-
6200 6 6

Banner
ghat
taRoad 4000-
7600 7 7
©2021Mapbox©OpenSt
reet
Map
Note:
Not e:
1.Topmicro-marketsoftheci
ty,rankedbythei
racti
veli
stingson
1.Abovemapdepi ctsthekeylocali
tiesofthecit
y,wi ththesizeofthebubbledepict
ingdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
cksinQ32021
properti
esinthelocali
tiesonMagicbrickswebsit
ei nQ32021
2.Pric
erangesrepresenttherangeofaveragel
ocal
itypr
icesinthe
2.Thisisanint
eractivemapavailabl
eonMagi c
bricks.com underPropi
ndexsection.
micromarketinI
NRpsf .
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch

© magi
cbr
icks.
com Page2
Pr
iceAnal
ysi
s Bengal
uru|J
uly-
Sep2021

Q32021|Pr
iceChangesi
nKeyLoc
ali
ties

Channasandr
a
Sul
ibel
e
Raj
anukunt
e
KasabaHobl
i
TumkurRoad
-
3.0% Hesar
aghat
ta
Budi
gere
-0.
7%
Hoskote
-
0.3%

Nagasandr
a

Kadabager
e

Kengeri Sar
japur
-
4.6% Kodat
hi
7.5%

Anj
anaPur
a Huskur

Kaggal
ipur
a
Bi
dadi
J
iganiI
ndust
rialAr
ea Att
ibel
e
Mar
sur 3.
1%
Kanakapur
aRoad
©2021Mapbox©OpenSt
reet
Map -
0.5% Anekal Hosur

Not e:
1.Sizeofthebubbledepictsdemand,measur edbyvolumeofpr opertysearchesinlocali
tiesinQ32021
2.Colorofthebubblerepresentspricechangei
nQ32021,wi thgreencolorrepresenti
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease -
7.5% -
5% -
2.5% 0% 2.
5% 5% 7.
5%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
cks.com underPropindexsection
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
buy/propindex/toaccessthefulldashboard

-Pr
imeempl
oymentandbusi
nesshubssuc
hasWhi tefiel
d(-
0.5%)
,El
ect
roni
cCi
ty(
-0.
8%)
,Mar
athahal
li(
-1.
5%)andI
TPL(
-3.
3%)saw adi
pinpr
oper
typr
ices
event
houghcompani
eshaveresumedworkf
rom t
heiroffices.

-Pr
opert
iesal
ongHosurr
oad(
0.6%)
,Begurr
oad(
4.3%)andHosar
oad(
6.0%)
,whi
char
eint
heeast
ernpar
tofBengal
uru,wi
tnessedani
ncr
easei
npr
icei
nthe
quart
er.
Sour
ce:Magi
cbr
icksResear
ch

<I
NR5,
000psf I
NR5,
000-
6,000psf I
NR6,
000-
7,000psf >I
NR7,
000psf

Loc
ali
ty(
group) AvgPr
ice Pri
ce Loc
ali
ty Avg Pr i
ce Loc
ali
ty Avg Pr i
ce Loc
ali
ty Avg Pri
ce
Change Pri
ce Change Pri
ce Change Pri
ce Change
At
tibel
e 3,
586 3.
1% Ramamur
thyNagar 5,
007 -
0.2% J
alahal
li 6,
010 -
0.2% I
TPL 7,
229 -
3.3%
Bagal
urMai
nRo.
. 4,
800 -
1.2% Bommanahal
li 5,
034 6.
7% Rac
henahal
li 6,
011 2.
1% Har
alurRoad 7,
282 -
3.7%
J
PNagarPhase8 5,
051 3.
4% Hoodi 6,
028 2.
8% HoodiCi
rcl
e 7,
367 -
5.0%
Chandapur
a 3,
894 -
3.5%
HosaRoad 5,
060 6.
0% Budi
ger
eCr
oss 6,
068 -
2.1% Sanj
ayNagar 7,
644 -
3.7%
El
ect
roni
cCi
ty 4,
767 -
0.8%
Kadugodi 5,
123 -
1.8% Sar
japurRoad 6,
076 0.
9% J
PNagarPhase6 7,
871 -
5.8%
El
ect
roni
csCi
ty.
. 4,
964 0.
4% 5,
173 -
4.3%
Bi
lekahal
li Br
ookeFi
eld 6,
076 1.
3% Yeshwant
pur 7,
928 -
2.1%
Gubbal
ala 4,
911 1.
3% Doddabal
lapurRoad 5,
195 1.
4% RTNagar 6,
105 -
0.5% Mar
athahal
li
-Sar
j.. 8,
179 -
3.5%
Gunj
ur 4,
784 -
2.4% Kogi
lu 5,
219 -
1.3% TumkurRoad 6,
130 -
3.0% Konanakunt
e 8,
209 -
1.8%
Hor
amavu 4,
737 2.
7% KRPur
am 5,
221 -
0.7% Bel
lar
yRoad 6,
151 -
5.1% HebbalKempapur
a 8,
473 -
5.5%
Hor
amavuAgar
a 4,
750 4.
9% J
PNagarPhase5 5,
223 0.
1% Mar
athahal
li 6,
156 -
1.5% Hebbal 8,
642 -
5.0%
Sar
japur 5,
230 7.
5% Kundal
ahal
li 6,
212 0.
8% Yemal
ur 9,
041 -
0.9%
Hoskot
e 3,
764 -
0.3%
Ut
tar
ahal
liMai . 5,
nRo. 248 1.
3% HennurMai
nRoad 6,
235 -
0.4% RMVExt
ensi
onSt
.. 9,
486 7.
5%
HosurRoad 4,
750 0.
6%
Ut
tar
ahal
li 5,
261 1.
6% J
PNagarPhase7 6,
257 5.
8% Fr
azerTown 9,
501 -
2.3%
Kaggadasapur
a 4,
672 -
7.5% Akshayanagar 5,
265 5.
2% whi
tefiel
d 6,
258 -
0.5% Bi
nnypet
e 9,
879 -
1.8%
Kenger
i 4,
721 -
4.6% BegurRoad 5,
299 4.
3% 6,
307 -
1.6% 10,
288 -
7.5%
Hennur MagadiRoad
Kenger
iSat
ell
ite.
. 4,
561 -
2.8% Devanahal
li 5,
302 -
0.7% Thani
sandr
aMai
n.. 6,
331 -
2.5% Basavanagudi 10,
362 -
1.7%
Mysor
eRoad 4,
823 -
2.4% Ol
dMadr
asRoad 5,
368 -
2.5% Thani
sandr
a 6,
348 -
1.7% Kor
amangal
a 10,
570 1.
2%
Vi
dyar
anyapur
a 5,
369 -
4.9% Manyat
aTec
hPar
k 6,
378 -
3.5% J
ayanagar 10,
763 0.
5%
Sar
japurAt
tibel
.. 4,
039 -
4.2%
Kumar . 5,
aswamyLay. 403 -
7.5% Mahadevapur
a 6,
415 0.
6% I
ndi
raNagar 11,
226 -
1.1%
Si
ngasandr
a 4,
652 0.
2%
CVRamanNagar 5,
419 -
3.1% J
akkur 6,
428 -
6.3% Raj
ajiNagar 13,
937 2.
6%
Subr
amanyapur
a 4,
932 3.
6%
Banner
ghat
taMai
n.. 5,
427 -
6.4% Kudl
uGat
e 6,
488 -
2.7% Mal
leshwar
am 11,
260 2.
2%
5,
437 1.
6% 6,
512 -
2.6%
5,
485 -
7.5% 6,
545 -
5.2%
Note:
1.Aboveisthelistofmajorlocal
iti
esofthecitywithi
nformati
onaboutt heiraveragepri
ce5
s,
a49
nd3
QoQpr4i
c.
0
e %
changesinQ32021.Thisi
sani nt
eractve6
i ta,
5
b6a
l
e 6vai
lab0
l.
e1
o%
nMagi
cbr
icks.
com underPropindexsection.
2.Thelocal
itypricesar
ec al
culatedbyaveragi
ngthepricesofallpr
oper ti
esi nalocal
ityi
n5mu
,l
5t
4i-
st
6 or
ey0
an.
4d%
builderfloorsegmentsaf
terremovingtheoutl
ierproperti
est
hatmightdist
orttheoverallpric
es.
3.Thefourtablesabovecategorizethel
ocali
tiesi
nvariouspri
cebuc kets. 6,665 - 5.9%
4.Thecolorofthenumber srepresentst
hepr i
cechangeinQ32021,wi t
hgr eenc ol
orrepre5,
se5
n5
ti
n6
gpric-
4
ei.
0
nc%
r
ease,redcolorpri
cedecr
easeandgr eyasn
6,eutr
a l
.
681 0. 6% Source:MagicbricksResearch

5,
642 -
4.4% 6,
698 7.
5%
5,
660 -
0.7% 6,
723 -
7.5%
© magi
cbr
icks.
com Page3
5,
682 -
0.5%
5,
703 -
6.0%
5,
737 -
5.8%
5,
766 -
7.5%
Gl
ossar
y Bengal
uru|J
uly-
Sep2021

Sl
.No Abbr
evi
ati
on Expl
anat
ion

1 BHK Bedr
oom,Hal
l,Ki
tchen

2 I
NR I
ndi
anRupee

3 Khat
as Landowner
shi
prec
ordi
nthest
ateofKar
nat
aka

4 MLP Mul
ti-
levelPar
king

Weight
edaveragepri
ceofpropertydur
ingthequarteri
ndexedagainstt
heweight
edaver
agepric
eoft
hebasequar
ter
.Basequar
teri
s14
5 Pr
iceI
ndex
year
soldbuti
nformati
onprovidedforchangesi
nindex5yearsago,1yearagoand1quar
terago.

6 psf persquar
efeet

7 psm persquar
emet
re

8 psy persquar
eyar
d

9 Q1 J
anuar
y,Febr
uar
yandMar
ch

10 Q2 Apr
il,MayandJ
une

11 Q3 J
uly,AugustandSept
ember

12 Q4 Oc
tober
,NovemberandDec
ember

13 QoQ Quar
teronQuar
ter

14 RERA RealEst
ateRegul
ator
yAut
hor
ity

15 RM Ready-
to-
Move

16 sf squar
efeet

17 sm squar
emet
res

18 UC Under
-Const
ruc
tion

19 YoY YearonYear

Formor
einf
ormat
ionandr
esear
chr
elat
edquer
ies,pl
easec
ont
act
:

Si
ddhar
tGoel|Resear
ch&Edi
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