Indian Metropolitan Cities Real Estate Market Outlook to 2016
August 2012
105
About the Report
About the Report
The report titled 'Indian Metropolitan Cities Real Estate Outlook to 2016' provides a comprehensive analysis of the various aspects such as market size of the real estate industry and segments such as residential, commercial, retail and the hotel across the top seven metropolitan cities in India. The report covers the absorption and supply of real estate properties in the major cities in India as well as the rental and capital values and the vacancy rates of the key real estate properties in the major cities.
The residential segment has been one of the major contributors of growth to the real estate market in India. This segment of the market was up-held by the rising domestic demand for residential units over the years. The residential launches across major cities fell by ~% to ~ units in 2Q2012. Mumbai witnessed the steep fall of ~% of the new residential launches followed by Bengaluru and Chennai. However, Pune and Hyderabad recorded an increase in the new launches of residential units during the quarter.
The Indian commercial real estate market has recorded a considerable growth in the supply of the commercial real estate properties over the years. The commercial real estate market supply has increased from ~ thousand square meter of GFA in 2005 to ~ thousand square meter of GFA in 2011, growing at a CAGR of 11.7%. The demand for office space however, slowed down significantly in the major metro cities in the first quarter of 2012 with around ~ thousand square meters of space getting absorbed. Delhi- NCR, Mumbai, Chennai and Bengaluru accounted for ~% of the major space absorbed.
The Indian retail real estate underwent a drastic change in the recent years. There has been an influx of several international brands in the country which has given a boost to the retail sector. It was observed that the new completion of malls increased significantly in 2011 as compared to 2010 due to several big projects becoming operational in 2011. The segment amplified in 2011 during which the new launch of retail real estate properties increased to ~ thousand square meters as compared to ~ thousand square meter space launched in 2010.
The major metropolitan cities in the country witnessed an increased transaction activity and retailer expansion in 1H 2012 with leading brands and retailers pursuing their expansion plans aggressively. It was observed that the rentals in the retail malls increased in cities such as Delhi whereas cities such as Bengaluru, Pune and Mumbai witnessed an incline in rentals for the high streets during 1H 2012.
The Indian hotel real estate market has grown at a CAGR of 2.5% during 2005-2011. The availability of hotel rooms in India increased from ~ in 2010 to 136,229 rooms in 2011 registering a growth of 15.6% during the period. The hotel room space supply has also been on an upswing over the years. The supply has increased from ~ thousand square meters of GFA in 2005 to ~ thousand square meters of GFA in 2011 thereby growing at a CAGR of 2.5% over the period.
Key Topics Covered in the Report
- The market size of the Real Estate industry in India.
- The market size of real estate market segments such as commercial and retail on the basis of new units launched and absorbed.
- The market size of the real estate segments such as residential on the basis of new units completed and space supply.
- The market size of the real estate segments such as the hotel on the basis of availability of hotel rooms units and space supply.
- The market segmentation of the hotel industry on the basis of major cities, type of hotel and premium hotel rooms.
- Trends and Development of the real estate industry in India.
- Market share of major players in the real estate industry in India and a detailed company profiles of major players.
- Future outlook and projections of real estate industry market segments- residential, commercial, retail and the hotel.
Products
Products
Real Estate, Property Price, Residential Real Estate Market, Rental Value, Capital Value, Indian Commercial Real Estate Market, Rental Value of Commer
Companies
DLF Limited, Unitech Limited, Omaxe Limited, Jaypee Group, India Bulls Real Estate
Table of Contents
Table of Contents
1. Indian Real Estate Market Introduction
2. Indian Real Estate Market Size By Revenue, FY'08-FY'12
3. Government Regulations in Real Estate Market in India
Draft Real Estate (Regulation and Development) Bill 2011
Land Acquisition, Rehabilitation and Resettlement Bill 2011
FDI in Real Estate
4. Property Prices in Metropolitan Cities in India, 2011
5. The Indian Residential Real Estate Market Introduction
5.1. The Indian Residential Real Estate Market Size, 2005-2011
5.1.1. By Number of New Residential Units Completed, 2005-2011
5.1.2. By Supply of New Residential Units Completed, 2005-2011
5.2. Rental and Capital Values of Residential Units
5.2.1. Delhi-NCR
5.2.2. Bengaluru
5.2.3. Mumbai
5.2.4. Chennai
5.2.5. Kolkata
5.2.6. Pune
5.3. Indian Housing Price Index, 2008-1Q 2012
5.4. Indian Residential Real Estate Market Future Projections, 2012-2016
6. The Indian Commercial Real Estate Market Introduction
6.1. The Indian Commercial Real Estate Market Size, 2005-2011
6.1.1. By Gross Floor Area of New Commercial units completed, 2005-2011
6.1.2. By Absorption of New Commercial Units Completed, 2005-2011
6.2. Rental Values Of Commercial Units in Metropolitan Cities
6.2.1. Delhi
6.2.2. Bengaluru
6.2.3. Mumbai
6.2.4. Chennai
6.2.5. Hyderabad
6.2.6. Pune
6.2.7. Kolkata
6.3. Indian Commercial Real Estate Market Future Projections, 2012-2016
7. The Indian Retail Real Estate Market Introduction
7.1. The Indian Retail Real Estate Market Size, 2005-2011
7.1.1. By Gross Floor Area of New Retail Units Completed, 2005-2011
7.1.2. By Absorption of New Retail Units Completed, 2005-2011
7.2. Rental Values of Major Malls in Metropolitan Cities, 2011
7.2.1. Delhi-NCR
7.2.2. Mumbai
7.2.3. Bengaluru
7.2.4. Chennai
7.2.5. Pune
7.3. Indian Retail Real Estate Market Future Projections, 2012-2016
8. The Indian Hotel Real Estate Market Introduction
8.1. The Indian Hotel Real Estate Market Size, 2005-2011
8.1.1. By Number of Available Rooms and Supply, 2005-2011
8.2. The Indian Hotel Real Estate Market Segmentation
8.2.1. By Major Cities, 2005-2011
Average Occupancy Rate in Hotel in Seven Metropolitan Cities
8.2.2. By Type of Hotel, 2005-2011
8.2.3. By Premium Hotel Rooms, 2006-2011
8.3. Indian Hotel Real Estate Market Future Projections, 2012-2016
8.3.1. By Market Size, 2012-2016
8.3.2. By Major Cities, 2012-2016
8.3.3. By Type of Hotel, 2012-2016
9. Indian Real Estate Market SWOT Analysis
10. Indian Real Estate Market Trends and Developments
11. Market Share of Major Developers in the Indian Real Estate Market, FY'08-FY'12
12. Indian Real Estate Market Future Outlook
12.1. Cause and Effect Relationship between Dependent and Independent Factors prevailing in Indian Real Estate Market
12.2. Indian Real Estate Market Future Projections, FY'13-FY'17
13. Major Indian Real Estate Developers profiles
13.1. DLF Ltd.
13.1.1. Company Overview
13.1.2. Financial Performance, FY'07-FY'12
13.2. Unitech Ltd
13.2.1. Company Overview
13.2.2. Financial Performance, FY'07-FY'12
13.3. Omaxe Ltd
13.3.1. Company Overview
13.3.2. Financial Performance, FY'07-FY'12
13.4. Jaypee Group
13.4.1. Company Overview
13.4.2. Financial Performance, FY'07-FY'12
13.5. India Bulls Real Estate
13.5.1. Company Overview
13.5.2. Financial Performance, FY'07-FY'12
14. Indian Real Estate Macro-Economic and Industry Factors
14.1. Rural and Urban Population (in million), 2005-2015
14.2. Gross Domestic Product, 2006-2016
14.3. FDI Inflows in Housing and Real Estate, FY'06-FY'16
14.4. Foreign Tourist Arrivals in India, 2005-2016
14.5. Outstanding Home Loans by Housing Finance Companies, FY'06- FY'16
14.6. Consumer Expenditure on Housing and Housing fuels, FY'06-FY'16
14.7. Indian Housing Price Index, FY'06-FY'16
15. Appendix
15.1. Market Definition
15.2. Abbreviations
15.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
15.4. Disclaimer
List of Figure
Figure 1: Indian Real Estate Market Size on the Basis of Revenue by USD Million, FY'08-FY'12
Figure 2: Indian Residential Real Estate Market Size by Residential Units in Thousands and Gross Floor Area in Thousand Square Meter on the Basis of Completed Residential Units, 2005-2011
Figure 3: Indian Residential Real Estate Market Projection by Residential Units in Thousands and by Gross Floor Area in Thousand Square Meter on the Basis of Completion of Residential Units, 2012-2016
Figure 4: Indian Commercial Real Estate Market Size on the Basis of New Units Completed and Absorbed by Gross Floor Area in Thousand Square Meter, 2005-2011
Figure 5: Indian Commercial Real Estate Projections on the Basis of Completion and Absorption by Gross Floor Area in Thousand Square meters of units completed, 2012-2016
Figure 6: Market Share of Malls in India by Superior Grade, Average Grade and Poor Grade in Percentage (%), 2011
Figure 7: Market Share of Malls in India by Lease Model and Sale Model in Percentage (%), 2011
Figure 8: Indian Retail Real Estate Market Size on the Basis of New Units Completed and Absorbed by Gross Floor Area in Thousand Square Meter, 2005-2011
Figure 9: Indian Retail Real Estate Projections on the Basis of Completion and Absorption of units completed, 2012-2016
Figure 10: Indian Hotel Real Estate Market Size on the Basis of Availability of Hotel Rooms in Units and Hotel Room Space by Gross Floor Area in Thousand Square Meter, 2005-2011
Figure 11: Percentage Contribution of Premium Hotel Rooms by Major Metropolitan Cities, 2011
Figure 12: Indian Hotel Real Estate Market Size Projections on the Basis of Availability of Hotel Rooms in Units and Hotel Room Space by Gross Floor Area in Thousand Square Meter, 2012-2016
Figure 13: Indian Real Estate Market Size Projections on the Basis of Revenue by USD Million, FY'13-FY'17
Figure 14: DLF Total Revenue in USD Million, FY'07-FY'12
Figure 15: Unitech Total Revenue from Real Estate in USD Million, FY'07-FY'12
Figure 16: Omaxe Ltd Total Revenue from Real Estate Activities in USD Million, FY'07-FY'12
Figure 17: Jaypee Group Total Revenue from Real Estate Activities in USD Million, FY'07-FY'12
Figure 18: India Bulls Real Estate Total Revenue in USD Million, FY'07-FY'12
Figure 19: Rural and Urban Population in India, 2005-2015
Figure 20: Gross Domestic Product at Current Prices in USD Million, 2006-2016
Figure 21: FDI Inflows in Housing and Real Estate in USD Million, FY'06-FY'16
Figure 22: Foreign Tourist Arrivals in India in Million, 2005-2016
Figure 23: Outstanding Home Loans by Housing Finance Companies in India in USD Million, FY'06-FY'16
Figure 24: Consumer Expenditure on Housing and Housing Fuels in India in USD Million, FY'06-FY'16
Figure 25: Indian Housing Price Index, FY'06-FY'16
List of Table
Table 1: Indian Real Estate Property Prices in Top Seven Metropolitan Cities, 2011
Table 2: Indian Residential Real Estate on the Basis on New Units Completed by Price Range in INR in Percentage(%), 2011
Table 3: Indian Residential Real Estate on the Basis on New Units Absorbed by Price Range in INR in Percentage(%), 2011
Table 4: Rental Values of Residential Units in Key Locations of Delhi-NCR in INR per square feet per month, 2010
Table 5: Capital Values of Residential Units Categorized by Apartments and Villas in Key Locations of Bengaluru in INR per square feet per month, 2011
Table 6: Capital values of Residential Units in Key Locations of Mumbai INR per square feet per month, 2010
Table 7: Capital Values of Residential Units by Apartments and Villas in Key Locations of Chennai in INR per square feet per month, 2010
Table 8: Housing Price index in Major Cities in India, 2008-4Q 2012
Table 9: Key Office Lease Transactions in Bengaluru and Hyderabad in square feet, Q2 2012
Table 10: Rental Values of Commercial Office in Delhi-NCR in INR per square feet per month, 2010
Table 11: Rental Values of Commercial Office by Grade A and Grade B in Bengaluru in INR per square feet per month, 2011
Table 12: Rental Values of Commercial Office in Mumbai in INR per square feet per month, 2010
Table 13: Rental Values of Commercial Office by Grade A and Grade B in Chennai in INR per square feet per month, 2011
Table 14: Lease Transaction of Office Space in Key Locations in Hyderabad, 2011
Table 15: Lease Transaction of Office Space in Key Locations in Pune, 2011
Table 16: Lease Transaction of Office Space in Key Locations in Kolkata, 2011
Table 17: Key Lease Transactions of Malls in Metro Cities in India, 2011
Table 18: Rental values of Retail units in Key Locations of Delhi-NCR in INR per square feet per month, 2010
Table 19: Rental values of Retail Units in Key Locations of Mumbai in INR per square feet per month, 2010
Table 20: Rental Values of Retail Units in Key Locations of Bengaluru in INR per Square Feet per Month, 2011
Table 21: Rental Values of Retail Units in Key Locations of Chennai in INR per square feet per month, 2011
Table 22: Indian Hotel Real Estate Market on the Basis of Contribution by Top Seven Metropolitan Cities in India, 2005-2011
Table 23: Indian Hotel Real Estate Market on the Basis of Availability of Hotel Rooms in Top Metropolitan cities in India, 2005-2011
Table 24: Average Occupancy Rate in Hotels in the Top Seven Metropolitan Cities in Percentage (%), 2006-2010
Table 25: Indian Hotel Real Estate Market on the Basis of Availability of Hotel Rooms By Category, 2005-2011
Table 26 : Indian Hotel Real Estate Market on the Basis of Contribution of Available Hotel Rooms By Category in India by Percentage (%), 2005-2011
Table 27: Number of Available Premium Hotel Rooms in Major Metropolitan Cities, 2006-2011
Table 28: Indian Hotel Real Estate Market Projections by the Availability of Rooms in the Top Seven Metropolitan Cities in Percentage, 2012-2016
Table 29: Indian Hotel Real Estate Market Projections by the Availability of Rooms in the Top Seven Metropolitan Cities in Units, 2012-2016
Table 30: Indian Hotel Real Estate Market Projection on the Basis of Contribution of Available Rooms by Category, 2012-2016
Table 31: Indian Hotel Real Estate Market Projection on the Basis of Availability of Hotel Rooms by Category, 2012-2016
Table 32: Market Share of Major Real Estate Developers in India, FY'08- FY'12
Table 33: Cause and Effect Relationship Analysis between Industry Factors and Expected Industry Prospects of Indian Real Estate Market
Table 34: Unitech Total Area Launched in the Major Cities in India in Thousand Square Meters, FY'11
Table 35: Unitech Total Area Sold in the Major Cities in India in Thousand Square Meters, FY'11
Table 36: Correlation Matrix
Table 37: Regression Matrix
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.