Pr

opI
ndex|Magi
cbr
icks Pune
J
ul-
Sep2022

Resi
dent
ialMar
ketI
nsi
ght
s Mar
ketDynami
cs
Punewi
tnessedadec
reasei
ndemandandsuppl
y;pr
oper
tyr
atesr
emai
nst
abl
e Par
amet
ers I
ndi
a Pune

I
nQ32022,demand( searches)andsuppl
y(listi
ngs)f
orhousi
nginPunedecl
inedby5.
9% and3.3% QoQ, Demand+ 2.
9% 5.
9%
r
espec
tivel
y.However,theaveragepropert
yr ateatthec
ityl
evelr
emainedstabl
ewit
hagr owt
hof0. 6% QoQ. Suppl
y++ 3.
3% 3.
3%
RateI
ndex+++ 2.
0% 0.
6%
Homebuyer sanddevel oper
sareanti
cipat
ingbet terhousi
ngandinfr
ast r
uct
urefacil
iti
esaft
erthecompl
etionofthe Notes:
PuneRingRoadpr ojectandvari
oustownpl anningschemes.Meanwhile,manydevelopersar
egeari
nguptol aunc
h Aboveparamet ersrepr
esentQoQc hangei nQ32022at
I
ndiaandc i
tylevel
new pr
ojectstocapital
izeonthesust
ainedhi ghdemandi nthec
ityandpushsalesinthefesti
veper
iodduri
ngt he +c hangeinvolumeofpr opertysearches
l
astquarterofthisyear. ++c hangeinvolumeofac ti
velisti
ngs
+++c hangeintheaverager ateofUnder -
Construct
ion
(UC)andReady- t
o-move( RM)pr operti
es
Source:MagicbricksResearch

RM Rat
eIndex KeyDevel
oper
sbasedonac
tive
l
ist
ings
8,
000 "RM segment
Par
anj
apeSc
hemes
r
emai nedst ablewith
Kal
pat
aruLt
d.
ani ncreaseof0. 2%
)
NRpsf

7,
500 Pr
idePur
plePr
oper
ties
QoQi nt heaverage RohanBui
lder
s&Devel
oper
s
nI

rate.
"
e(i

Br
amhac
orpLt
d.
7,
000
ageRat

Ger
aDevel
opment
sPvt
.Lt
d.
Amanor
aPar
kTown
Aver

6,
500 Mant
raPr
oper
ties

Vi
lasJ
avdekarDevel
oper
s

6,
000 Kol
te-
Pat
ilDevel
oper
sLt
d.
Q321 Q421 Q122 Q222 Q322
Notes: Note:Theabovetabler
epr
esentst hetopdeveloper
sby
1.RM rat
eindexrepr
esentst
heweightedaveragerat
eofc omplet
edpropert
iesonMagi
cbri
ckswebsi
teasonSept2022. shareofact
iveli
sti
ngsonMagi c
br i
ckswebsit
ei nQ3
2.Thegraphrepr
esentstheaver
agerateofdominantassetcl
assineachl
ocali
tyoft
heci
ty. 2022.
Source:Magic
bricksResear
ch

UCRat
eIndex KeyPr
ojec
ts

8,
000 Pr
ojec
tName Loc
ali
ty
RohanSeher Baner
"UCsegment
)
NRpsf

Ni
rmanAj
inkyat
ara Si
nhagadRoad
7,
500 wi
tnessedaver
ager at
e
Camel
otRoyal
e Vi
manNagar
growthof1.1% QoQ."
nI
i

For
tal
ezaApar
tment Kal
yaniNagar
e(

7,
000
ageRat

Gi
niSanskr
uti UdyogNagar

Tr
ini
tyCour
t Kor
egaonPar
k
Aver

6,
500 Amanor
aTower
s Amanor
aPar
k

Gul
moharGol
dcoast Khar
adi

Si
lverBr
ook Bavdhan
6,
000
Q321 Q421 Q122 Q222 Q322 Ger
asGr
eensvi
ll
e EONFr
eeZone

Note: Note:
1.UCrat
eindexr
epresent
stheweight
edaveragepric
eofunder-const
ruct
ionproper
t i
esonMagi
cbr
ickswebsi
teasonSep2022. Theabovetabl
erepresentsthet
oppr oj
ectsbyconsumer
2.Thegr
aphrepr
esentstheaver
agerateofdominantassetc
lassineachl
ocal
ityoftheci
ty. pref
erenc
eonMagi c
br i
ckswebsitei
nQ32022.
Sour
ce:Magicbri
cksResearc
h

Aver
agec
hangei
nrat
es(
inI
NRpsf
)forl
ocal
iti
esi
nvar
ioussegment
s I
ntheNews

<7,
500 7,
500-
10,
000 >10,
000

0.
29%

1.ThePuneMet ropolitanRegi on
0.
23% "Whileratesf orRM DevelopmentAut hor ity(PMRDA)r eceived
propertiesremai ned 566appl
over7,
i
cat
000st
i
onsf
ruct
orr
ur
egul
eswer
ar
i
ei
sati
onaf
denti
t
er
fiedas
stabl
e,UCpr operti
es il
legal
.Thedepar tmenthasal ready
demolished263st ruc turesand94FI Rs
witnessedasubt l
e havebeenr egist
er ed.
0.
05% growt h."
0.
03% 0.
03% 2.PuneMuni c
ipalCor porati
on’
s(PMC)
dri
vet orecoverar rearsofthe40%
PropertyTaxdi scounthasbeendef erred.
0.
00%
Thedemandt oi ntr
oduc ethetaxdisc
ount
RM UC RM UC RM UC willbeconsideredaf tertheCM’sconsent.
Note:
Abovetabl
erepr
esent
sther
atec
hangesf
orRM andUCpr
oper
tiesf
ordomi
nantassetc
lassesi
neac
hloc
ali
tyundervar
iousr
atebuc
ket
s(I
NRpsf)asonSep2022.
Sour
ce:Magi
cbri
cksResear
ch

© magi
cbr
icks.
com Page2
Demand-
Suppl
yAnal
ysi
s Pune|J
ul-
Sep2022

AirportRoad,BanerandWakad 2BHKuni
tsc
ont
inuet
ohol
dmaj
ori
tyshar
eint
hemar
ket
continuedominance
DEMAND SUPPLY
Localit
iesar oundtheAi rpor tRoadaregaining
tracti
onduet otheirlocat i
onaladvantage,proximit
y Above3BHK 1BHK Above3BHK
1BHK
tovar i
ouseduc ati
onali nst i
tuti
onsandot her 7% 13% 5%
19%
commer ci
aldevelopment s.BanerandWakadal so 3BHK
continuet oremainpopul aramongsthomebuyer sand 26%
3BHK
investorsduet othepr esenc eofkeyempl oymenthubs 34%
inthevi c
initysuchasHi nj ewadiITParkandpr oximit
y
tothemaj orarter
ialroadwayssuc hasMumbai–Pune
ExpresswayandNH- 48.
2BHK
Mostofthedemandi nPuneisconcentratedtowards 47% 2BHK
theperi
pheralregi
onsoftheci
ty,ratherthanthe 51%
cent
raldistr
ict
.Mosthomebuyerspreferper i
pher
al
regi
onswher etherat
esaresti
lll
ow asl and Notes:
avai
labi
li
t yi
sabundant. 1.Demandrepresentsproper
tysearc
hesonMagic
bri
ckswebsi
tedur
ingQ32022,segregat
edbyBedroom,Hal
l,Ki
tchen(
BHK)configur
ati
on.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
tedur
ingQ32022,segr
egatedbyBHKconfigurat
ion.
Sour
ce:Magic
bri
cksResear
ch
"Affor dablepropert
iesgai
n
t
racti
on;propertiespri
ced<I
NR
7,500psftopbot hdemandand Hi
ghdemandf
orpr
oper
tiespr
iced<I
NR7,
500psf
supplyshare.
"
DEMAND SUPPLY
-Mosthomebuyer sinPunepref
eraffor dable >10,
000 >10,
000
properti
es;proper t
iespri
cedbelow I
NR7, 500psf 11% 9%
accountfor60% ofover al
ldemand,andal most 7,
500-10,
000
60% ofbuyer sprefer1&2BHKsoverot her 7,
500-10,
000 23%
configurations. 26%

-
2BHKuni tspricedbelow I
NR7, 500psfwasthe
<7,500
mostsearchedc r
iteri
ainPune,underl
ini
ngthe <7,500
63%
f
actthataffor dabili
tyist
hedrivingf
orcefor 69%
r
esident
ialgrowt hinthecit
y.

Notes:
1.Demandrepresentsproper
tysear
chesonMagi
cbr
ickswebsi
tedur
ingQ32022,segr
egatedbyrat
ebucket
s.
2.Suppl
yrepresentsact
iveli
sti
ngsonMagic
bri
ckswebsi
teduri
ngQ32022,segr
egatedbyratebuc
ket
s.

Sour
ce:Magi
cbr
icksResear
ch

TopMi
cro-
mar
ket
sbyConsumerSear
ches Propensi
tyofdemandandsuppl
yint
ermsofsear
chesandl
ist
ings Demand/Suppl
y
Demand
bylocal
iti
es
Mi
cro-
Mar
ket Min. Max. Rank Rank
Rat e Q3-
e Rat 22 Q2-
2h
S2i
rgaon Chi
khal
i Al
andi
4,
800 16,
000 1 1
Ol
dMumbaiPune-
Highway
Ai
rpor
tRoad Gahunj
e
Moshi Char
hol
i
Baner 5,
000 11,
900 2 3
Akur
di
Wakad 4,
800 9,
100 3 2

Hadapsar 3,
300 11,
000 4 4 Punawal
e Bhosar
i
Pi
mpr
i Char
hol
iBudr
uk
PaudRoad 4,
800 14,
900 5 6
Tathawade Kal
ewadi Di
ghi
Kondhwa-
Wanwadi 3,
700 10,
800 6 5
Mar
unji
Undr
i-Pi
sol
i 3,
500 8,
100 7 7 Kasar
wadi

Hi
njewadiRaj
ivGandhiI
nfot
echPar
k Lohgaon
Dhanor
i
Note:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbynumberofsearcheson New Sangvi
HinjewadiPhase3 Waghol
i
Magicbri
cksinQ32022.
2.Minimum andmaximum r
ateinthemicr
o-marketi
nINRpsf . Bopodi
Sour
ce:Magicbr
icksResear
ch Vi
manNagar
Bhosal
eNagar Yer
awada

Sus Khar
adi
TopMi
cro-
mar
ket
sbyAc
tiveLi
sti
ngs
Dhol
ePat
ilRoad
Mi
cro-
Mar
ket Min. Max. Rank Rank Pashan Gokhal
eNagar
Rat e Q3-
e Rat 22 Q2-
22 Manj
ri
NanaPet
h
Ai
rpor
tRoad 4,
800 16,
000 1 1
Pi
rangut Er
andwane
Hadapsar 3,
300 11,
000 2 4 Bhugaon
Bhukum Wanowr
ie
Baner 5,
000 11,
900 3 2 Lul
laNagar Bhekar
aiNagar
War
je LoniKa
Wakad 4,
800 9,
100 4 3
Phur
sungi
Kondhwa-
Wanwadi 3,
700 10,
800 5 5 Shi
vane AmbegaonPat
har
Undr
i-Pi
sol
i 3,
500 8,
100 6 7 Handewadi
Pi
sol
i
Nar
he
PaudRoad 4,
800 14,
900 7 6 Yewal
eWadi
Ki
rki
twadi
©2022Mapbox©OpenSt
reet
Map

Note: Not e:
1.Topmicro-mar
ketsoft
hec i
ty,r
ankedbythei
rac t
ivel
ist
ingson 1.Abovemapdepi ctsthekeylocali
tiesofthecit
y,wi ththesizeofthebubbledepicti
ngdemand( c
onsumerpr
efer
enc
e)/
suppl
y(act
ivel
ist
ings)f
or
Magicbri
cksinQ32022. properti
esinthelocali
tiesonMagicbrickswebsit
ei nQ32022.
2.Minimum andmaximum r
ateinthemicr
o-marketi
nINRpsf. 2.Thisisanint
eractivemapavailabl
eonMagi c
bricks.com underPropi
ndexsection
Pleasegotohttps:/
/property.
magicbric
ks.com/microsite/
buy/propi
ndex/toaccesstheful
ldashboar
d.
Sour
ce:Magic
bri
cksResear
ch

© magi
cbr
icks.
com Page3
 Rat
eAnal
ysi
s Pune|J
ul-
Sep2022

Q32022|Changei
nRat
esi
nKeyLoc
ali
ties

Chinchwad
-0.31%
Char
holiBudr
uk
4.25%
Tathawade
-
0.43%

Hi
njewadiPhase1 KaspateVast
i
5.18% 5.83% Dhanor
i
-6.
22%

Hi
njewadiPhase3 Pi
mpleNilakh
3.29% 3.
17% Vi
shrant
wadi
-7.
10% Vi
manNagar
5.
59%
Aundh
4.
50% Kharadi
0.50%

Kor
egaonPar
k
Pashan KeshavNagar
1.
42%
5.17% 3.03%
Manj
ri
4.
89%
Pr
abhatRoad Magar
pattaCi
ty
1.
44% 0.09%
Kothr
ud
Bhugaon 5.
39%
-
0.16% Wanowrie
-
1.94%
Si
nhagadRoad
1.
96%

Kondhwa
-
1.48% NI
BM Annexe
Dhayar
i 0.
11%
©2022Mapbox©OpenSt
reet
Map 0.96%

Not e:
1.Sizeofthebubbledepictsdemand,measur edbyvolumeofpr opertysearchesinlocali
tiesinQ32022.
2.Colorofthebubblerepresentspricechangei
nQ32022,wi thgreencolorrepresenti
ngpr ic
eincreaseandr
edc
olorpr
icedec
rease. -
7.10% -
5% -
2.5% 0% 2.
5% 5% 7.
46%
3.Thisisanint
eracti
vemapavai l
ableonMagi c
bri
cks.com underPropindexsection
Pleasegotohttps:
//property.
magi c
br i
cks.
com/mi
crosite/
buy/propindex/toaccessthefulldashboard.

-ShivajiNagar(7.
3%) ,Vi
manNagar(2.
2%)andLohegaon(
1.6%)saw ani
ncr
easei
nthei
raver
ager
atesduet
othei
rst
rat
egi
cloc
ati
on,goodc
onnec
tivi
tyt
othe
air
por tandproximit
yt oempl
oymenthubs.

-Simil
arly,Balewadi(7.
4%),Baner(
7.1%)
,andKhar
adi(
6.3%)wi
tnessedani
ncr
easei
naver
ager
atesduet
opr
oxi
mit
ytot
hekeyempl
oymenthubsandgood
inf
rastructur
aldevelopment.
Sour
ce:
Magi
cbr
icksResear
ch

<I
NR7,
500psf I
NR7,
500-
10,
000psf >I
NR10,
000psf

Loc
ali
ty Avg.Rat
e Rate Loc
ali
ty Avg.Rat
e Rat
eChange Loc
ali
ty Avg.Rat
e Rat
eChange
(
INRpsf) Change (
INRpsf) (
INRpsf)

Bal
ewadi 6,
800 7.
41% Baner 8,
600 7.
17%
Shi
vaj
iNagar 13,
600 7.
36%
Hi
njewadi 5,
800 2.
09% Sat
araRoad 8,
800 6.
63%
Lohgaon 5,
300 1.
65%
Pi
mpl
eNi
lakh 8,
200 6.
58%
Punawal
e 5,
500 1.
44% Er
andwane 13,
900 7.
01%
Khar
adi 8,
300 6.
34%
Hadapsar 6,
100 0.
71%

Pi
rangut 4,
200 0.
57% Wanowr
ie 8,
500 6.
33%

Khar
adi
-Waghol
i 6,
200 0.
44% Pashan 7,
900 5.
07% Kal
yaniNagar 10,
900 6.
76%

Kondhwa 5,
800 -
0.70% Vi
manNagar 8,
800 2.
21%
Tat
hawade 6,
300 -
0.85%
Banerr
oad 7,
900 1.
44% Kor
egaonPar
k 12,
100 6.
64%
Chakan 3,
600 -
1.40%
Bi
bwewadi 8,
300 1.
03%
Si
nhagadRoad 6,
900 -
1.53%
War
je 7,
100 -
1.80% Ghor
padi 8,
400 0.
54% Kot
hrud 11,
100 6.
41%

WadgaonSher
i 7,
100 -
1.92% Kar
veNagar 9,
900 -
0.35%
Pi
mpl
eGur
av 6,
300 -
2.01% 8,
600 -
0.80%
New Kal
yaniNagar
Pr
abhatRoad 16,
400 4.
63%
Mundhwa 6,
200 -
2.05%
Sadashi
vPet
h 9,
800 -
1.18%
NI
BM Annexe 5,
700 -
2.23%
Aundh 9,
000 -
1.59%
Shi
vane 4,
200 -
3.31% ModelCol
ony 15,
200 4.
00%
Manj
riBudr
uk 5,
700 -
3.86% Bhusar
iCol
ony 9,
200 -
2.00%

Note:
1.Aboveisthelistofmajorlocal
iti
esofthecity,withinformati
onabouttheiraveragerateandQoQr atechangesi nQ32022.Thi
sisaninterac
t i
vetabl
eavailabl
eonMagic
bricks.
com underPr
opindexsecti
on.
2.Theloc
alit
yr atearecalc
ulatedbyaveragingt herateofallpr
operti
esinalocali
tyinmulti-
storeyandbuilderfloorsegmentsaf
terremovingtheoutli
erproperti
est
hatmightdistor
ttheoveral
lpri
ces.
3.Thethreetablesabovecategorizet
helocali
t i
esinvariousratebuc
kets.
4.Thecol
oroft henumber srepresent
sthepr i
cec hangeinQ32022,wi thgr
eenc olorrepr
esentingratei
ncrease,redcol
orrat
edecreaseandgr eyasneutr
al. Sour
ce:Magi
cbr
icksResear
ch

© magi
cbr
icks.
com Page4
Gl
ossar
y Pune|J
ul-
Sep2022

Sl
.No Abbr
evi
ati
on Expl
anat
ion

1 BHK Bedr
oom,Hal
l,Ki
tchen

2 EWS Ec
onomi
cal
lyWeakerSec
tion

3 FY Fi
nanc
ialYear

4 I
NR I
ndi
anRupee

Weight
edaver
agepri
ceofproper
t yduri
ngthequar
teri
ndexedagai
nstthewei
ghtedaveragepr
iceoft
hebasequar
ter
.Basequar
teri
s14year
s
5 Rat
eIndex
ol
dbutinf
ormati
onprovi
dedforchangesini
ndex5year
sago,1yearagoand1quarterago.

6 psf persquar
efeet

7 PMC PuneMuni
cipalCor
por
ati
on

8 Q1 J
anuar
y,Febr
uar
yandMar
ch

9 Q2 Apr
il,MayandJ
une

10 Q3 J
uly,AugustandSept
ember

11 Q4 Oc
tober
,NovemberandDec
ember

12 QoQ Quar
teronQuar
ter

13 RERA RealEst
ateRegul
ator
yAut
hor
ity

14 RM Ready-
to-
Move

15 sf squar
efeet

16 UC Under
-Const
ruc
tion

17 YoY YearonYear

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

Si
ddhartGoel|Researc
h&Edi t
ori
alHead NiteshBhatia|Researc
hManager Prat
eekPareek Prati
tKumarDas UpamaSen LopaRaval
si
ddhar
t .
goel
@magi cbri
cks.
com ni
tesh.bhat
ia@magi cbr
icks.
com Sr
.Resear
chAnalyst Researc
hAnalyst Resear
chAnal
yst Resear
chAnal
yst

Pl oht
easegot tps:
//pr
oper
ty.
magi
cbr
icks.
com/mi
crosi
te/buy/pr
opi
ndex/t
oac
cesst
hef
ulldashboar
d.

Di
scl
aimer:Thedatapr
esent
edint
hereporti
scompi
ledbyMagi
cBr
icksf
rom mult
iplesour
ces.Magi
cBr
icksgi
vesnowarr
anty,expr
essori
mpl i
ed,astotheaccur
acy,rel
iabi
li
ty,andc
ompl
etenessofanyi
nfor
mat
ionanddoesnot
ac
ceptanyliabi
li
tyont
heinf
ormat
ionwhic
hmayormaynotbesubj
ecttochangefr
om timetoti
meduetoGovernment
alornonGovernmentalregul
ati
ons/di
rect
ions.

© magi
cbr
icks.
com Page5