Capital values across
Bangalore's high-endmid-end housing segment saw prices rising by 6% to 11% in
H1 2014; while values in
Chennai increased by 4% to 7% over that of H2 2013.
Hyderabad's western
micro-markets of Gachibowli and Madhapur, meanwhile, registered capital value
appreciation of 2% to 3% over the previous review period.
Healthy additions to
residential space at Kharadi and Hadapsar in Eastern Pune continued to attract
sustained demand from home buyers, with prices rising in the range of 7-8,
according to CBRE.
Capital values across
certain NCR micro-markets saw a decline due to restrained demand levels during
the first half of 2014. Subdued transactions in certain housing markets of the
region led to correction in cap values.
Capital values in the
premiumluxury segment saw a decline of nearly
5% to 7% at Chanakya Puri, Vasant ViharAnand Niketan and
ShantiniketanWestend; while that of the mid-endhigh-end markets of Defence
Colony and New Friends Colony also saw a similar drop over H2 2013.
The premiumluxury
markets of Gurgaon, however, remained largely stable during the review
period.Rental values in the NCR also remained largely stable across locations
during the period.
Rentals across both
high-endmid-end and premiumluxury segments of Delhi, Gurgaon and Noida
maintained their equilibrium during H1 2014.
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